Tag: Price Increases

Lilly Plans Cuts as Pricing Pressure Drives New-Drug Push | Bloomberg Quint

Lilly Plans Cuts as Pricing Pressure Drives New-Drug Push | Bloomberg Quint

(Bloomberg) — Eli Lilly & Co. plans to cut 8.5 percent of its workforce in a bid to free up resources to fund new drugs, amid acute pricing pressure for some of its biggest products. The Indianapolis company said some of the 3,500 job cuts will come from early retirements, with about 2,000 positions set […]

Just Say No To Verizon’s New Discriminatory Behavioral Advertising Program | Shear on Social Media Law & Tech

Just Say No To Verizon’s New Discriminatory Behavioral Advertising Program | Shear on Social Media Law & Tech

According to The Wall Street Journal, Verizon Communications has a new rewards program, Verizon Up, that provides credits that wireless subscribers can use for concert tickets, movie premieres and phone upgrades. While this may sound great at first glance its really a wolf in sheep’s clothing that consumers should avoid. If you don’t want to […]

Zambia : Government should take advantage of increased copper prices. | LusakaTimes

Zambia : Government should take advantage of increased copper prices. | LusakaTimes

Rise in copper prices should put a smile on people’s faces because it ought to translate in improved living standards for Zambians due to increased foreign exchange earnings and potential job creation. Increase in foreign exchanges will sustain the appreciation of the kwacha against the dollar and will reduce inflation due to the fact that […]

Hurricane Irma Has Sent Airline Ticket Prices Skyrocketing | TheStreet

Hurricane Irma Has Sent Airline Ticket Prices Skyrocketing | TheStreet

United Airlines (UAL – Get Report) was showing prices on more than $6,000 for a flight from Miami to Denver, according to the Telegraph. The airline, however, said the price was quoted in error, citing a computer glitch. “United did not change how we priced our seats for flights out of Florida, and we will […]

Celanese (CE) to Raise Prices of Selective Acetyl Products | Nasdaq.com

Celanese (CE) to Raise Prices of Selective Acetyl Products | Nasdaq.com

Celanese Corporation CE announced that it will increase the list and off-list selling price of certain acetyl intermediates products. The price hike is effective immediately or as contracts permit. In the United States, prices of Acetic Acid, Acetic Anhydride and Acetic Acid/ Acetic Anhydride blend will increase by 4 cents per lb. In Mexico and […]

Editorial: California needs prescription drug transparency | The Mercury News

Editorial: California needs prescription drug transparency | The Mercury News

Drug makers argue that the bill is a first step toward price controls that will decimate their research and development work. Pharmaceutical companies certainly deserve a reasonable return on their substantial investments in research and development. But if they reveal a pricing strategy that seems justified, it could have the opposite effect, relieving the pressure […]

Truveris Secures $25 Million in New Funding to Help Reduce Cost and Improve Access to Prescription Medications | Digital Journal

Truveris Secures $25 Million in New Funding to Help Reduce Cost and Improve Access to Prescription Medications | Digital Journal

“Truveris’ data-driven platform enables employers to create a more symmetrical buying process for prescription drug coverage by demystifying pricing strategies in PBM contracts and driving more transparent competition,” said Tom Rodgers, SVP & Managing Director at McKesson Ventures. “It also helps Biopharma make smarter decisions about where and how it subsidizes patient assistance programs. The […]

Bull of the Day: Jazz Pharmaceuticals (JAZZ) | Nasdaq.com

Bull of the Day: Jazz Pharmaceuticals (JAZZ) | Nasdaq.com

Following this important FDA approval, several Wall Street investment banks updated their thesis on JAZZ. Janney Montgomery Scott analyst Ken Trbovich raised his price target on $192 from $180 while maintaining a Buy rating. Trbovich believes the company can benefit from Vyxeos technology by internally developing an oncology pipeline for which the company is not […]

Feeding the parking meter a thing of the past | The Globe and Mail

Feeding the parking meter a thing of the past | The Globe and Mail

“Technological innovation can help make this marketplace more transparent,” Mr. Johal says. “The marketplace is finally being brought into the 21st century.” The next step, he adds, is likely to be dynamic pricing – or the ability for municipalities to change parking rates more quickly based on availability and demand. San Francisco, for example, has […]

Congressmen Say Pricing for Multiple Sclerosis Drugs Doesn’t Add Up | Bloomberg BNA

Congressmen Say Pricing for Multiple Sclerosis Drugs Doesn’t Add Up | Bloomberg BNA

Manufacturers of multiple sclerosis drugs may be raising prices for the costly treatments in lockstep with each other, two Congressional Democrats said. Rep. Elijah E. Cummings (D-Md.), ranking member of the House Committee on Oversight and Government Reform, and Rep. Peter Welch, (D-Vt.), a senior Democrat on both the Oversight Committee and the Committee on […]