Tag: Price Gouging

Celltrion to adopt aggressive pricing for Avastin biosimilar | The Korea Herald

Celltrion to adopt aggressive pricing for Avastin biosimilar | The Korea Herald

[THE INVESTOR] Korea’s biopharmaceutical firm Celltrion seeks to launch its version of Roche’s blockbuster cancer therapy Avastin at a highly competitive price to compete with other biosimilar makers making much faster progress. Celltrion, which was the first to enter European markets with its biosimilars of Remicade and Rituxan, plans to implement a deep-discount pricing strategy […]

Railways looking at airline pricing model: Lohani | Business Standard News

Railways looking at airline pricing model: Lohani | Business Standard News

The much-hyped dynamic pricing system that invited a lot of criticism for the Indian Railways may soon be converted into an airline-like model. This could mean that railway fares would go down during lean seasons. Ashwani Lohani, the newly-appointed railway board chairman, said the railways were relooking at the new pricing system. Though a railway […]

Novartis pushes for new pricing strategy in Japan | Dominion Funds

Novartis pushes for new pricing strategy in Japan | Dominion Funds

Swiss pharmaceutical giant Novartis is urging Japan to consider a new pricing model for medicines that link payment to patient outcomes. This is not new ground for Novartis: the company has experimented with similar pricing strategies elsewhere, and has been amongst the most innovative players in the sector when it comes to thinking about how […]

Why Dynamic Pricing Is The Way To Go For Ride-Hailing Services | swarajyamag.com

Why Dynamic Pricing Is The Way To Go For Ride-Hailing Services | swarajyamag.com

Gone are the days when prices of most commodities were fixed by the government. The introduction of big data has clearly helped many of the conventional organisations to adopt dynamic pricing. As the famous French Physiocrats said long ago, “Market will work for societal good if let alone.” Dynamic pricing works on the basis of […]

Miami Healthcare Executives Advise National Audience About Impending Price Transparency | PRWeb

Miami Healthcare Executives Advise National Audience About Impending Price Transparency | PRWeb

The SHSMD conference attracted nearly 2,000 healthcare marketing professionals, and the event included sessions from some of the nation’s most distinguished thought leaders in the healthcare marketing and communications space, including Weinbach, Irizarry, and Klass. “Thanks to high-deductible health plans and increasing insurance premiums, the healthcare cost burden is shifting, and consumers bear a greater […]

Prescription drug pricing is totally broken, even for generics—here’s what happened — Quartz

Prescription drug pricing is totally broken, even for generics—here’s what happened — Quartz

Much less attention has been paid to the price of prescription drugs that tens of millions Americans take every day–that is, the 85% of prescriptions that treat common chronic conditions such as high blood pressure, high cholesterol, chronic pain, diabetes, and depression–and are usually generic medications, not brand-name drugs. Generics are the versions of drugs […]

Medical innovation has a price: BioNJ Roundtable — Biopharma execs share what’s behind drug pricing | NJBIZ

Medical innovation has a price: BioNJ Roundtable — Biopharma execs share what’s behind drug pricing | NJBIZ

It’s no secret that biopharmaceutical companies have become the target of heavy criticism from politicians and consumers due to high drug prices, especially at a time when health care reform in the U.S. has become a hot-button topic. The topic is especially of interest in New Jersey, given that some of the state’s largest employers […]

Health minister to consider U.S. drug firms’ views in pricing overhaul | Japan Today

Health minister to consider U.S. drug firms’ views in pricing overhaul | Japan Today

“We will thrash out a drastic revision by the year-end, while hearing opinions of interested parties through Central Social Insurance Medical Council.” The council is an expert panel that advises the ministry and canvasses the views of industry representatives. Japan wants to cut healthcare costs and drug prices even if this provokes opposition from U.S. […]

Post-Irma: When do high air fares become price gouging? | mjAJC

Post-Irma: When do high air fares become price gouging? | mjAJC

When evacuees from Florida expressed shock at sky-high air fares for last-minute trips and accused airlines of price gouging, some frequent business travelers reacted with knowing bemusement. “Overall, last-minute prices were in the same ballpark as a business traveler would pay,” said Patrick Surry, chief data scientist at Hopper, an air travel app. Last-minute air […]

Allscripts launches Prescription Price Transparency initiative Strengthened by strategic partnerships, company aims to deliver real-time information on prescription affordability | Markets Insider

Allscripts launches Prescription Price Transparency initiative Strengthened by strategic partnerships, company aims to deliver real-time information on prescription affordability | Markets Insider

Allscripts Real-Time Health System (RTHS) is launching a journey toward next-level patient care. The conceptual initiative aims to work with partner companies to enable technology that will deliver real-time information on: The medication price from the health plan or pharmacy benefit manager (PBM) The cash price What alternative therapies and their cost Competitive prices at […]