Tag: Price Gouging

Brussels gets into drug business | POLITICO

Brussels gets into drug business | POLITICO

Few topics are more taboo in Brussels than the EU getting involved in drug pricing. Yet that’s exactly what the European Commission is doing. The Commission will on January 31 release a plan to improve cooperation between governments on a key element of drug-pricing decisions: the so-called health technology assessment (HTA). There’s unusual momentum for a more integrated approach, though there’s […]

Xconomy: Spark CEO Marrazzo on Gene Therapy Pricing & Paving the Way for the Field | Xconomy

Xconomy: Spark CEO Marrazzo on Gene Therapy Pricing & Paving the Way for the Field | Xconomy

In early January, the company announced Luxturna’s price and a deal with New England insurer Harvard Pilgrim Health Care on a plan that includes rebates tied to the drug’s durability. In a departure from typical practices, Spark will sell the therapy directly to Harvard Pilgrim, not the medical center doing the procedure, which avoids potential […]

Manchester United hit back in Sevilla ticket price war by charging away fans £89 for Old Trafford match | The Independent

Manchester United hit back in Sevilla ticket price war by charging away fans £89 for Old Trafford match | The Independent

Manchester United will charge Sevilla supporters £89 to attend their side’s Champions League last-16 match at Old Trafford in March and use the money raised to refund their own supporters. Sevilla were heavily criticised in December when it was revealed that United fans travelling to the Ramon Sanchez Pizjuan on 21 February would be forced to pay between […]

Prices and Competition to Shape the Year Ahead | Pharmaceutical Executive

Prices and Competition to Shape the Year Ahead | Pharmaceutical Executive

The pharmaceutical industry faces a tumultuous year in Washington, as policymakers continue to press for curbs on too-high drug prices, and tax and budget reforms may threaten resources and initiatives for the FDA, the National Institutes of Health, and public health programs. Inaction by Congress and the White House will prompt more states to propose […]

Trump is right: Negotiate for lower drug prices | IndyStar

Trump is right: Negotiate for lower drug prices | IndyStar

All Hoosiers have seen the headlines about drug price increases, and too many of us see the struggle first-hand. A vial of insulin can cost a person with diabetes 10 times as much as it did in the late 1990s.The price of an EpiPen has risen 450%. Some new treatments for cancer and other diseases […]

Spark Should Spark a Pricing Trend | Bloomberg Gadfly

Spark Should Spark a Pricing Trend | Bloomberg Gadfly

Spark Therapeutics Inc. announced lower-than-expected pricing and a performance-based discount program Wednesday for its recently approved gene therapy Luxturna, a one-time treatment that helps restore sight for patients with a rare genetic condition. It’s a risky move for the company; there are very few such patients, and the price of every treatment matters a great deal.But […]

The gene therapy pricing debate gets real as Spark sets $850,000 charge for its pioneering drug | Endpoints News

The gene therapy pricing debate gets real as Spark sets $850,000 charge for its pioneering drug | Endpoints News

Years of debate, speculation and analysis have boiled down to this: Spark $ONCE Therapeutics has set an $850,000 wholesale acquisition cost for the US’s first gene therapy — $425,000 per eye damaged by an RPE65 gene mutation. Set to roll out in a matter of weeks, the WAC price for Luxturna falls toward the higher […]

Pharma, under attack for drug prices, started an industry war | The Washington Post

Pharma, under attack for drug prices, started an industry war | The Washington Post

It’s not easy to get Americans mad at a behind-the-scenes industry they’ve barely even heard of, but pharmaceutical companies have spent most of this year trying. “Who decides what you pay for your medicines? Not who you might think,” a concerned woman’s voice says in a radio spot airing in the District last month. “More […]

Aeroflot denies reports on higher air ticket prices during FIFA World Cup in Russia | TASS

Aeroflot denies reports on higher air ticket prices during FIFA World Cup in Russia | TASS

MOSCOW, December 27. /TASS/. Russia’s flagship carrier Aeroflot did not raise its tariffs for the days of the 2018 World Cup, a spokesperson with the airline told TASS. Earlier, the publication of RBC published a study saying that the prices for air tickets to the cities of the World Cup 2018 soared by an average […]

From $50, to $750: Price of brain tumor, lymphoma medication has jumped 1,400 percent | FOX6Now.com

From $50, to $750: Price of brain tumor, lymphoma medication has jumped 1,400 percent | FOX6Now.com

MIAMI, Florida — A drug maker is being accused of price gouging. NextSource Biotechnology is under fire after the Wall Street Journal revealed the price of its 40-year-old cancer drug Lomustine has jumped 1,400 percent since 2013. Lomustine treats brain tumors and Hodgkin’s Lymphoma. It’s the only drug of its kind on the market — […]