Tag: Price Gouging

Russia to crack down on World Cup 2018 ticket touts | Sport

Russia to crack down on World Cup 2018 ticket touts | Sport

Russian Prime Minister Dmitry Medvedev vowed on Thursday to crack down harshly on people who intended to profit from reselling their tickets to the 2018 World Cup. The price of admission for the June 14-July 15 event ranges from 1,200 rubles ($22, 19 euros) for the nosebleed seats at the opening matches to 66,000 rubles […]

The Medicines Company’s PCSK9 Inhibitor Strategy: More Heart Patients Via Lower Pricing | Forbes

The Medicines Company’s PCSK9 Inhibitor Strategy: More Heart Patients Via Lower Pricing | Forbes

However, in a recent conversation, Meanwell shared that he doesn’t plan to compete solely on these benefits of inclisiran. Rather, he plans to broaden access to inclisiran via a significantly lower price as compared to the established agents. Part of his move to this position was based on studying the changes in the top ten […]

Comment: Price-fixing of bread would be hard to prove | Times Colonist

Comment: Price-fixing of bread would be hard to prove | Times Colonist

Demonstrating beyond a reasonable doubt that grocers are colluding to keep retail prices artificially high is almost impossible. Several attempts have been made in the past, with mixed results. Grocery stores carry on average more than 15,000 different products, and prices can be affected by an array of factors: commodity prices; energy and labour costs; […]

Industry group warns Ottawa that excessive cuts to drug prices could be harmful | Times Colonist

Industry group warns Ottawa that excessive cuts to drug prices could be harmful | Times Colonist

OTTAWA — Canada’s drug developers recognize that pharmaceutical prices need to come down but they fear the Trudeau government will push too hard in a regulatory review by Health Canada, the head of an industry association said Tuesday. Pamela Fralick, president of Innovative Medicines Canada, said she doesn’t know what changes Health Canada will propose […]

Alaska Air Group faces tough pricing and rising costs in the home stretch of merger integration | CAPA

Alaska Air Group faces tough pricing and rising costs in the home stretch of merger integration | CAPA

Most US airlines have cited some pricing pressure in domestic markets, and Alaska Air Group is no different. The company has endured significant pressure on close-in pricing on its US transcontinental routes and intra-California network in recent months – two strategically important regions for the company as its merger integration with Virgin America continues. The […]

Rapid flurry of new drug pricing leaves no room for public debate | TheHill

Rapid flurry of new drug pricing leaves no room for public debate | TheHill

Unfortunately, rather than celebrating these advances, we are left in shock at the cost. In August, Novartis announced the price of their CAR-therapy — a form of treatment primarily for blood cancers like leukemia and lymphoma — was $475,000 per patient based (although they may offer a refund for patients who do not benefit from […]

Gilead says drug profits must stay high to pay for ‘innovation,’ but 100% of its profits went to shareholders | LA Times

Gilead says drug profits must stay high to pay for ‘innovation,’ but 100% of its profits went to shareholders | LA Times

With high drug prices still in the political crosshairs on Capitol Hill, pharmaceutical industry bosses are at pains to explain why a cure for hepatitis-C has to cost a budget-busting $1,000 per pill, or a promising cancer treatment should carry a list price of $373,000. That duty most recently fell to John C. Martin, the […]

Three easy steps to drive your pharmaceutical pricing strategy | GfK

Three easy steps to drive your pharmaceutical pricing strategy | GfK

Pricing for pharmaceuticals continues to grow in complexity for the industry due to a variety of factors.  A few of the prominent challenges our clients face include: Just one chance to get it right. Once a price strategy is in place, course corrections are difficult and sometimes even impossible; for example, price increases in ex-US […]

Campaigners welcome NHS England call for ‘more regulation’ of drug pricing | Global Justice Now

Campaigners welcome NHS England call for ‘more regulation’ of drug pricing | Global Justice Now

Diarmaid McDonald of patient campaign Just Treatment said: “We’re currently campaigning to get Pfizer to charge a price for breast cancer drug, palbociclib, that the NHS can afford. If they don’t drop the price then the government should use its power – known as a crown use licence – to secure a fairly priced generic […]

Pfizer, Amazon, President Trump, football, social injustice, global warming, American Airlines, racism | Dallas News

Pfizer, Amazon, President Trump, football, social injustice, global warming, American Airlines, racism | Dallas News

The shady nature of drug pricing was well illustrated in the news about the outcome of the Pfizer lawsuit against the Texas Health and Human Services Commission. Pfizer had filed a lawsuit for disclosing drug pricing and rebate information to two Texas legislators who were outside the inner circle of “need to know” individuals. Unsurprisingly, […]