PYMNTS

JANUARY 23, 2019

If one wants to understand the complexities of the pharmaceutical supply chain, just follow the money. Contract negotiations between drug manufacturers, wholesalers, hospitals, pharmacies and their group purchasing organizations (GPOs) are ever-changing, meaning B2B payments are often incorrect, and chargebacks and disputes are common.

B2B 76

B2B Pharmaceutical Manufacturing Hospitality 76

CPA Practice

JANUARY 2, 2024

He has extensive experience managing Public Company Accounting Oversight Board (PCAOB) audits in the United States, many of which he led through the Initial Public Offering (IPO) process.

Illinois 114

Illinois E-commerce Pharmaceutical Real Estate 114

PYMNTS

SEPTEMBER 2, 2020

And it is upending healthcare too, perhaps most visibly in pharmaceuticals, where we can get our meds mailed, on autopilot. The direct to consumer ( DTC) model is changing the way we get our goods and services across everything from makeup to meal kits.

Pharmaceutical 101

Pharmaceutical Healthcare Manufacturing Education 101

PYMNTS

SEPTEMBER 24, 2020

Pharmaceutical companies also have to rethink how they approach vendor onboarding, with many finding that it is no longer safe or possible to visit potential manufacturing partners in person for on-site tours and inspections. This can reduce workloads and accelerate processes for the buyers.

B2B 107

B2B Construction accounts payable Pharmaceutical 107

Withum

JUNE 6, 2022

The taxpayer in PLR 202221006 (March 3, 2022) is a pharmaceutical distributor that engages in the retail sale of a limited number of drugs. It enters into exclusive distribution agreements with the manufacturers of the drugs, but it does not manufacture any drugs itself.

Tax 126

Tax income tax Pharmaceutical Manufacturing 126

PYMNTS

FEBRUARY 28, 2020

And, the Food and Drug Administration said the pharmaceutical space noted its first medicine shortage because of the coronavirus, CNBC reported. The FDA reportedly said the shortage has to do with a place of manufacturing affected by the virus in China. The Commerce Department noted that consumer spending rose 0.2

Pharmaceutical 73

Pharmaceutical Manufacturing Gaming Technology 73

PYMNTS

SEPTEMBER 19, 2018

The use cases that will see the fastest investment growth over the 2017-2022 forecast are pharmaceutical research and discovery, expert shopping advisors and product recommendations, digital assistants for enterprise workers and intelligent processing automation (43.6 percent CAGR).

Technology 76

Technology Pharmaceutical Manufacturing Government 76

PYMNTS

JUNE 2, 2020

Healthcare providers, insurance companies and pharmaceutical manufacturers across the U.S. Funding Pharmaceuticals Fast. Some patients require daily or weekly medical treatments, meaning they must be equipped to handle years of pharmaceutical costs. Slow, paper-based payments do more than cause speedbumps in operations.

Pharmaceutical 52

Pharmaceutical Healthcare Hospitality B2C 52

PYMNTS

JUNE 19, 2019

The project itself, according to the aforementioned site, is tied to 20 companies that span pharmaceutical manufacturers, repackagers and distributors. The ConsenSource project has been focused on paper manufacturing. The activities are being coordinated by the San Francisco blockchain technology company known as Chronicled.

Pharmaceutical 65

Pharmaceutical Manufacturing Retail Finance 65

Going Concern

MAY 23, 2024

His diverse industry experience includes pharmaceutical, biotech, manufacturing, chemicals, semiconductors, retail, and finance. Based in Massachusetts, Rinke has more than two decades of international tax experience, notably involving cross-border transactional and operational planning for multinational corporations.

Pharmaceutical 64

Pharmaceutical Tax Minnesota Massachusetts 64

ThomsonReuters

FEBRUARY 22, 2021

Goods that use parts manufactured outside the bloc must meet a product-specific threshold of UK-EU-sourced parts (usually 50% or more) in order to qualify. Meeting that threshold could be difficult for some auto manufacturers because their supply chains are so diversified. International networks and supply chain considerations.

Manufacturing 91

Manufacturing Pharmaceutical Tax Retail 91

PYMNTS

SEPTEMBER 19, 2018

“Two British-born men, James and William Horlick, founded a company in Chicago to manufacture it. Now, according to Reuters , “GSK’s CEO Emma Walmsley, who took over last year, is looking to sharpen the focus of what is one of the world’s more diversified pharmaceuticals companies. The main asset on the block is GSK’s 72.5

Pharmaceutical 59

Pharmaceutical Healthcare Manufacturing Maine 59

CPA Practice

OCTOBER 18, 2024

The agency works with companies across the manufacturing and machinery, technology, food, pharmaceutical, mining, architecture, engineering, and agriculture industries, as well as with other professional service providers.

Tax 52

Tax Pharmaceutical tax consultant Agriculture 52

PYMNTS

APRIL 26, 2020

Pharmaceutical manufacturer OptiNose returned $4.4 There’s car dealership chain AutoNation, which said it would be returning $77 million it got from the program after applying to try and help its 7,000 furloughed workers. million in PPP loan money, and restaurant owner J. Alexander said it would return $15.1

Pharmaceutical 60

Pharmaceutical Manufacturing payroll 60

PYMNTS

JULY 29, 2019

The products are also cruelty-free and are ethically manufactured according to Nallan, and designed over the 10,000 hours alongside “Indian, Taiwanese, and Japanese dermato-cosmetologists, pharmacists and pharmaceutical engineers,” he said.

Pharmaceutical 76

Pharmaceutical Manufacturing Maine Start-ups 76

PYMNTS

NOVEMBER 27, 2020

He developed the operation to compound and sell pharmaceuticals after a drugmaker suddenly hiked the price of a low-cost, popular generic dermatology prescription from about $25 a dose to around $400. It was so steep that the government sued the drug’s manufacturer. “We

B2B 84

B2B Idaho Pharmaceutical New York 84

PYMNTS

OCTOBER 3, 2018

NXP said the NFC chips offer a cost-effective product protection and channel authentication for the fashion, food and beverages, pharmaceuticals, electrical appliances, and other consumer and industrial goods markets throughout the supply chain. “As

Pharmaceutical 54

Pharmaceutical Manufacturing Technology 54

PYMNTS

JUNE 19, 2020

A federal program aimed at identifying and stopping counterfeit sales has recently expanded to the pharmaceutical space. For every e-commerce platform like Alibaba that cracks down on fakes, a new one emerges that allows goods to be shipped directly from manufacturers,” HBR reported.

E-commerce 72

E-commerce Pharmaceutical New York Sales 72

Withum

JULY 14, 2022

The 340B Drug Pricing Program (“the Program” or “340B”) is a federal program that allows Federally Qualified Health Centers (“FQHCs” or “Covered Entities”) to purchase drugs at significant discounts from manufacturers. Section 340B of the Public Health Service Act (42 U.S.C.

Technology 64

Technology Non-Profits Pharmaceutical Hospitality 64

Withum

JUNE 1, 2022

Over the past two years manufacturers and resellers have struggled to maintain inventory levels due to global supply chain issues, and now are facing the highest inflation rates since 1981. This could be a surprise to many taxpayers and may only get worse through the 2022 taxable year.

business tax 119

business tax Tax income tax tax return 119

PYMNTS

JULY 9, 2020

In an interview with Karen Webster, Truepill Co-Founder and President Sid Viswanathan and CEO Umar Afridi said that the staid pharmaceutical industry is due for a jolt from technology (specifically application programming interfaces or APIs), and a direct-to-consumer (DTC) focus. Call it the Amazonification of healthcare.

Healthcare 75

Healthcare Pharmaceutical B2B Technology 75

Cherry Bekaert

JULY 11, 2024

Most tax preparers associated R&D only with technology, biotechnology and pharmaceutical-type activities. Recent U.S. Department of Treasury regulations have substantially broadened the range of taxpayers eligible for the R&D Tax Credit.

Tax 72

Tax Pharmaceutical Construction Manufacturing 72

PYMNTS

JUNE 1, 2020

Pharmaceutical manufacturers sometimes reduce expenses for eligible patients, Corn said, with aid administered as point-of-sale (POS) discounts, rather than as patient disbursements. These manufacturers give consumers codes that can be provided to pharmacists for reduced prices.

Healthcare 55

Healthcare B2C Pharmaceutical Hospitality 55

PYMNTS

MARCH 18, 2019

In fact, medical items and pharmaceuticals are usually the most-seized products. The country that manufactures the most fake goods is China , although India, Malaysia, Pakistan and Turkey are also in the mix. Intellectual property “plays a crucial role in promoting innovation and driving sustained economic growth.”.

Pharmaceutical 49

Pharmaceutical Manufacturing Sales Retail 49

ThomsonReuters

DECEMBER 7, 2022

Used intelligently, these benefits allow companies to create extremely efficient supply chains and save money at many different stages in the import/export and manufacturing process. Here’s how: Suppose an FTZ automotive manufacturer purchases tires from a tire supplier that also operates an FTZ. commerce.

E-commerce 52

E-commerce Manufacturing Pharmaceutical Transportation 52

PYMNTS

FEBRUARY 1, 2021

GDP than fishing, music, film, pharmaceuticals and automobile industries combined.”. All of which are severely impacting our opportunities to build back better and grow our onshoring manufacturing, digital innovation and sustainable design and technology in the U.K.,

Pharmaceutical 49

Pharmaceutical Government Manufacturing Retail 49

CPA Practice

OCTOBER 24, 2024

Only two of the top 10 biggest spenders last quarter didn’t report lobbying on tax issues: Pharmaceutical Research and Manufacturers of America and the American Hospital Association. Chamber of Commerce, National Association of Realtors, American Chemistry Council, American Medical Association, Meta Platform Inc.,

Tax 64

Tax Pharmaceutical Hospitality Manufacturing 64

Withum

DECEMBER 7, 2023

Covered entities have had to navigate temporary COVID-19 regulations, manufacturer restrictions, and, now, prospective changes to their patient definition. The result of the court ruling opens providers to broader access to 340B discounts, which would likely increase cost savings on pharmaceuticals.

Healthcare 64

Healthcare Pharmaceutical Hospitality Manufacturing 64

ThomsonReuters

DECEMBER 17, 2020

Pharmaceutical Care Mgmt. PBMs manage prescription drug benefits on behalf of health plans by, among other things, negotiating prescription drug prices with drug manufacturers and reimbursing pharmacies based on maximum allowable cost (MAC) lists. Rutledge v. 2020 WL 7250098 (U.S. Available at [link].

Pharmaceutical 52

Pharmaceutical Manufacturing Government Tax 52

CPA Practice

APRIL 7, 2023

Flowers has extensive experience developing, deploying, and managing all facets of enterprise resource planning (ERP) systems across multiple industries including manufacturing, wholesale distribution, pharmaceuticals, software, and financial services.

NetSuite 52

NetSuite Pharmaceutical Manufacturing audit 52

PYMNTS

APRIL 22, 2019

Founded in 2016, Primechain’s solutions serve clients in various sectors, including banking and financial services, government, healthcare and pharmaceuticals, insurance, manufacturing, aviation, shipping and logistics, telecommunications, defense and military.

Finance 43

Finance Pharmaceutical Technology Healthcare 43

PYMNTS

OCTOBER 17, 2019

When scanned, the barcodes provide information about where a product was manufactured, lot numbers, authorized distributors and safe use.”. In fact, medical items and pharmaceuticals are typically the most-seized products.

Pharmaceutical 40

Pharmaceutical Manufacturing Sales Technology 40

PYMNTS

OCTOBER 17, 2019

When scanned, the barcodes provide information about where a product was manufactured, lot numbers, authorized distributors and safe use.”. In fact, medical items and pharmaceuticals are typically the most-seized products.

Pharmaceutical 40

Pharmaceutical Manufacturing Sales Technology 40

PYMNTS

MARCH 21, 2018

The company’s security technologies for IoT and industrial control systems are in use in utility, pharmaceutical and manufacturing companies, among others. Recently, Israeli-U.S. security company CyberX raised $18 million in new inventory funding. Find the rest of the latest IoT headlines in the tracker. Across the U.S.,

Technology 47

Technology Pharmaceutical Transportation Manufacturing 47

PYMNTS

MARCH 13, 2019

It also began selling a larger array of over-the-counter pharmaceuticals, hair care products and shave gels, and acquired PillPack. In October, reports emerged that Amazon was pushing manufacturers to create Amazon exclusive materials in greater numbers.

Pharmaceutical 43

Pharmaceutical New York Manufacturing Sales 43

PYMNTS

MARCH 21, 2019

Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. Large providers, drug manufacturers and insurance firms have big innovations that are moving them away from checks.

Healthcare 60

Healthcare Pharmaceutical B2C Manufacturing 60

PYMNTS

APRIL 26, 2018

Jewel Paymentech Founder and CEO Sean Lam said that’s why the startup created a real-time API to detect counterfeits, illegal pharmaceuticals and any other “dodgy” products that marketplaces may not want on their virtual shelves. Past a certain point, doing so manually just isn’t going to work anymore.

Pharmaceutical 46

Pharmaceutical Manufacturing accountant accounted 46