Tag: Drug Prices

Letters: Pricing problem | Business Standard

Letters: Pricing problem | Business Standard

With reference to “A punitive overdose” (December 12), the balanced and well-researched editorial sadly stops short of discussing one of the core reasons that make expensive the “‘five star’ private hospitals which automatically exclude the lower middle class and poor people”. The villain in this crucial matter is the pricing strategy followed by the manufacturers […]

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

Over two-thirds of the November increase in the index for final demand goods is attributable to prices for gasoline, which jumped 15.8 percent. The indexes for light motor trucks, pharmaceutical preparations, beef and veal, residential electric power, and jet fuel also moved higher. In contrast, prices for processed young chickens fell 5.7 percent. The indexes […]

Amazon Is Rumored To Enter The Pharmaceutical Industry — What Are The Implications? – jdr98 | Seeking Alpha

Amazon Is Rumored To Enter The Pharmaceutical Industry — What Are The Implications? – jdr98 | Seeking Alpha

While the transition to buying medicine from an online pharmacy would be an adjustment for older consumers, a horizontal movement by Amazon into pharmaceuticals may entice this demographic to use this platform for its convenience of home delivery.  Once they are familiar with Amazon’s business model and core value proposition, it is fair to assume […]

Rand Paul blasts Big Pharma for jacking up drug prices: “It is not capitalism” | Rare

Rand Paul blasts Big Pharma for jacking up drug prices: “It is not capitalism” | Rare

Sen. Rand Paul (R-Ky.) went after big pharmaceutical companies on Wednesday, arguing that they hurt American consumers and are not practicing true capitalism. In a confirmation hearing, Paul grilled Secretary of Health and Human Services nominee Alex Azar on how big pharmaceutical companies manipulate the health care system to raise drug prices, challenging the nominee […]

To Cut Drug Prices, Academy of Sciences Tells the Government to Negotiate With Manufacturers | The New York Times

To Cut Drug Prices, Academy of Sciences Tells the Government to Negotiate With Manufacturers | The New York Times

WASHINGTON — The National Academy of Sciences called Thursday for sweeping changes in the pricing, sale and promotion of prescription drugs to make lifesaving treatments more affordable without discouraging the development of new medicines. The federal government should negotiate drug prices with manufacturers, the academy said, an idea pushed by Democrats for years, embraced by […]

Alnylam CEO backs inflation-based price hikes, welcomes Amazon | CNBC

Alnylam CEO backs inflation-based price hikes, welcomes Amazon | CNBC

As Alnylam Pharmaceuticals nears approval of its first drug, the fledgling drug-maker is planning to transition out of research and development into the commercial stage. That means figuring out a pricing strategy, and CEO John Maraganore said he supports the idea of pegging increases in drug prices to the rate of inflation. “It’s hard to […]

With Good Data From Rival Migraine Drugs, Doctors Foresee Price Headaches | Xconomy

With Good Data From Rival Migraine Drugs, Doctors Foresee Price Headaches | Xconomy

Amgen (NASDAQ: AMGN) and Teva Pharmaceutical (NYSE: TEVA) this afternoon are providing the most detailed look yet at two drugs in an emerging class of medicines meant to prevent migraine headaches, rather than just quell their symptoms. While the data for the two drugs, called erenumab (Aimovig, from Amgen and partner Novartis) and fremanezumab (from […]

Hearing for HHS nominee Azar dominated by drug pricing issue | Healthcare IT News

Hearing for HHS nominee Azar dominated by drug pricing issue | Healthcare IT News

Former Eli Lilly exec Alex Azar, President Donald Trump’s nominee to replace the ousted U.S. Department of Health and Human Services’ Secretary Tom Price, told the Senate HELP confirmation hearing Wednesday morning that his top priority was to make prescription drugs more affordable. “Drug prices are too high. The president has made that clear. And […]

Gilead Sciences: Are You Willing To Wait 3 Years? – Gilead Sciences, Inc. (NASDAQ:GILD) | Seeking Alpha

Gilead Sciences: Are You Willing To Wait 3 Years? – Gilead Sciences, Inc. (NASDAQ:GILD) | Seeking Alpha

Gilead Sciences (GILD) has been receiving some good vibes since its announcement that it was acquiring oncology company Kite Pharma (KITE). While it certainly does open up huge potential revenue in the future, it will take quite some time for that potential to be realized. In the meantime, there aren’t any major catalysts to drive […]

The Trump administration is taking on drug prices — but not drug companies | The Washington Post

The Trump administration is taking on drug prices — but not drug companies | The Washington Post

President Trump swept into office threatening to bring the hammer down on high drug prices, accusing pharmaceutical companies of “getting away with murder.” Over the past few weeks, his administration has tweaked how Medicare reimburses hospitals for certain drugs and sought feedback on a radical idea to pass prescription drug rebates directly to seniors. All of […]