Dae Y. Lee (@LifeScienceLaw) profile picture

Attorney/Pharm.D/Certified Pharmacy Benefits Specialist. Shareholder @ Buchanan Ingersoll Rooney

Fort Lee, NJ
Joined September 2019
Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)Photo by Dae Y. Lee (@LifeScienceLaw)
Dae Y. Lee retweeted
PBMs say they are highly pass-through if you take out: 💸 GPO fees 💸 340B spreads 💸 drugmaker fees 💸 rebate exclusions 💸 effective rate spreads 💸 clawbacks 💸 transaction fees 💸 audit takebacks 💸 prior authorization fees 💸 specialty pharmacy markups 💸 integration fees
JUST IN: Anthropic says they’re highly profitable if you take out some of their biggest expenses.
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Dae Y. Lee retweeted
🚨 Congress has cleared the funding bill containing several NCPA priority PBM reform provisions, and it's off to President Trump for signature! bit.ly/4tgkKW6
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#FrierLevitt attorneys are featured in a @SpecialtyPharm article, "A War Brewing Between GLP-1 Manufacturers and Compounders," highlighting Novo Nordisk's request that the FDA add Wegovy products to the DDC List. Learn more here: frierlevitt.com/news/dae-lee…
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Join Our Upcoming Webinar - BOPs and PBMs in Focus: Navigating Industry Changes for 2024-2025 📆 Date: November 19, 2024 ⏰ Time: 12:30-1:30 PM ET Who should attend? Pharmacists, pharmacy owners, pharmacy technicians, and wholesalers. Sign up here: frierlevitt.com/event/bops-a…
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Independent pharmacies nationwide are experiencing a troubling trend, as PDMI has been terminating them from GLP-1 manufacturers’ coupon programs without explanation. Read #FrierLevitt article to learn more: frierlevitt.com/articles/glp…
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#FrierLevitt successfully reduced a multi-million-dollar rebate demand by a #PBM and its rebate aggregator against a drug manufacturer client by 83%. Read the article to learn more: frierlevitt.com/news/frier-l…
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The #FDA's removal of #tirzepatide from its drug shortage list has sparked legal action and presents immediate challenges for 503B outsourcing facilities and compounding pharmacies. Read #FrierLevitt article to learn more: frierlevitt.com/articles/fda…
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Don't forget to register for next week's @scriptainsights webinar, "Know Your Fiduciary Duty in Rx Benefits" with #FrierLevitt attorneys Dae Y. Lee and Adam Farkas! 📆 Thursday, September 19, 2024 | 2:00 p.m. ET Reserve your spot below 👇 us02web.zoom.us/webinar/regi…
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📣 Upcoming Webinar Join us for "Mastering GLP-1 Compounding Series Q&A Roundup," where we'll dive into the most pressing questions from our recent GLP-1 Compounding Series. 🕓 Thursday, September 12, 2024 | 2:00-3:00 PM ET Register here: frierlevitt.com/event/master… #FrierLevitt
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On this Labor Day, we honor the resilience and dedication of workers in every industry, with special thanks to our team at Frier Levitt for their commitment to excellence. Have a safe and happy Labor Day! #LaborDay #FrierLevitt #HealthcareLaw #PharmacyLaw
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📣 Is your pharmacy prepared for a PBM audit? At #FrierLevitt, we know first-hand the importance of being audit-ready. That's why we've developed a comprehensive #PBM Audit Checklist to help you navigate the process seamlessly. Download here: frierlevitt.com/pbm-audit-ch…
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📢 Our attorneys' insights were featured in a Drug Topics article on the $45M CVS Caremark settlement with the State of Illinois. This landmark case highlights the critical need for transparency in PBM operations. #PBMTransparency #FrierLevitt Read more: frierlevitt.com/news/frier-l…
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Beneficiaries of Wells Fargo’s prescription drug benefit plan have filed an #ERISA class action lawsuit against the bank, following a similar case against Johnson & Johnson. Read #FrierLevitt article to learn more: frierlevitt.com/articles/wel… #PlanSponsors #PBMs #JNJ #WellsFargo
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The #DOJ announced a $101 million settlement with Rite Aid Corporation and its subsidiaries for #FalseClaimsAct violations involving fraudulent rebate retention. Read #FrierLevitt article to learn more: frierlevitt.com/articles/rit… #PBMs #Rebates
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The Federal Trade Commission (FTC) continues to investigate PBMs and their impact on prescription drug costs and availability. Recently, the #FTC issued an interim report addressing drug manufacturer rebates. Read #FrierLevitt article to learn more: frierlevitt.com/articles/fed…
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#FrierLevitt co-founding partner Jonathan Levitt quoted in a @bloomberglaw article discussing the increasing lawsuits against employers and health insurers for not managing health plan costs effectively. Read more here: frierlevitt.com/news/jonatha…
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Impact on Independent Pharmacies: FTC finds that PBMs exert substantial influence over independent pharmacies, who struggle with contract terms they find confusing, unfair, and harmful. #FTCreport #IndependentPharmacies #VerticalIntegration
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In a recent victory, #FrierLevitt attorneys successfully aided a NJ pharmacy overturned more than 91% of the alleged discrepancies issued by a major #PBM. Read our latest article to learn more: frierlevitt.com/news/frier-l…
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#FrierLevitt partner Dae Y. Lee is featured on The Bottom Line Pharmacy Podcast by @SykesCompanyPA in an episode titled, “Navigating The Legal Maze of 503B Compounding.” Visit our website to watch the podcast: frierlevitt.com/news/dae-y-l… #PBMs #Semaglutide
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Learn to navigate the unique regulatory challenges of GLP-1 #CompoundingPharmacies at #FrierLevitt’s 3-part webinar starting June 13. Part 1 covers FDA regulations for 503A & 503B #PharmaceuticalCompounding, state laws, and more. Register: bit.ly/4aWvYEE #HealthcareLaw
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