Tag: Price Setting

Try as it might, LTFRB can’t repeal the law of supply and demand | Rappler

Try as it might, LTFRB can’t repeal the law of supply and demand | Rappler

Regulating ‘surge pricing’ Market prices orchestrate the decisions of consumers and producers. In the case of Uber and Grab, riders want to hail vehicles when prices are low, while drivers want to ply the streets when prices are high (or “surge”). Governments worldwide are particularly keen to regulate “surge pricing.” It is often taken as […]

Why Pharma May Not Fear the Latest Drug-Price Probe | Bloomberg Gadfly

Why Pharma May Not Fear the Latest Drug-Price Probe | Bloomberg Gadfly

The investigation will throw an unwelcome spotlight on these companies’ pricing practices and force the release of a lot of documents they’d rather not make public. But this is a pageant we’ve seen before. As uncomfortable as it will be for the drugmakers, it may not result in much lasting damage. Behind the investigation? The fact that list prices […]

Draft pharma policy seeks to bridle NPPA’s pricing powers | domain-b.com

Draft pharma policy seeks to bridle NPPA’s pricing powers | domain-b.com

The draft pharma policy prepared by the government proposes the setting up of an advisory body to assist the National Pharmaceutical Pricing Authority (NPPA) in fixing prices, a move that would take away the drug pricing authority’s powers to fix prices. The draft pharmaceutical policy, prepared by the department of pharmaceuticals under the ministry of […]

Novo And Lilly Head For Diabetes Pricing Battle – Novo Nordisk A/S (NYSE:NVO) | Seeking Alpha

Novo And Lilly Head For Diabetes Pricing Battle – Novo Nordisk A/S (NYSE:NVO) | Seeking Alpha

Novo Nordisk (NYSE:NVO) needs its once-weekly GLP1 agonist semaglutide to be a smash hit, and a head-to-head win against Lilly’s (NYSE:LLY) rival product Trulicity suggests that it could be. FDA approval of semaglutide – which has a PDUFA date of December 5 – looks likely, but Novo will need to think carefully about its pricing […]

New chief aims to double Eneos lubricants sales | The Nation

New chief aims to double Eneos lubricants sales | The Nation

Iwase said the company sold 1 million litres of lubricants here last year and hopes to double sales this year. “Our priority is to build more Eneos brand awareness. Then, we would like to communicate to consumers about Eneos products and quality. We also plan to expand our dealer network from 700 outlets at present […]

Falling pound post-Brexit forces 260 job losses at Tonbridge firm Southern Salads | Kent News

Falling pound post-Brexit forces 260 job losses at Tonbridge firm Southern Salads | Kent News

Some 260 jobs have been lost at Kent food supplier Southern Salads after the Brexit-hit pound forced the company into administration. FRP Advisory has been appointed administrators of the Tonbridge-based firm, which will cease trading immediately, leaving hundreds of staff out of work. The family-run company operated for 30 years, weathering “competitive pricing pressures from […]

House Democrats Start Multiple Sclerosis Drug Price Probe | Bloomberg

House Democrats Start Multiple Sclerosis Drug Price Probe | Bloomberg

House Democrats have started what they called an “in-depth” investigation into the pricing of drugs for neurological condition multiple sclerosis, the latest attempt by U.S. politicians to pressure manufacturers to lower costs. Seven drugmakers — Biogen Inc., Sanofi, Novartis AG, Roche Holding AG, Bayer AG, Merck KGaA’s EMD Serono unit and Teva Pharmaceuticals Industries Ltd. […]

How to Get the Best Deal on EpiPen and Alternatives | Consumer Reports

How to Get the Best Deal on EpiPen and Alternatives | Consumer Reports

Despite a yearlong controversy over how EpiPen auto-injectors are priced, the lifesaving allergy medication is still far from cheap. EpiPen was back in the news Thursday when drugmaker Mylan and the federal government finalized a $465 million settlement over allegations that Mylan overcharged Medicaid for the EpiPen as well as a generic version. The settlement […]

Coup launches new electric scooter service in Paris and faces off with Cityscoot | TechCrunch

Coup launches new electric scooter service in Paris and faces off with Cityscoot | TechCrunch

Coup can keep an eye on the fleet of scooters as they’re all connected. When the battery level is low, the company can swap the battery for a brand new one. Coup costs €4 for the first 30 minutes and then €1 every ten minutes. Cityscoot works more or less the same way but costs […]

Few hospitals are meeting changing consumer expectations | HealthCareBusiness

Few hospitals are meeting changing consumer expectations | HealthCareBusiness

Other key findings include: Only 15 percent of organizations are aggressively moving to improve patient access with both diverse sites of care and digital connectivity. Nearly three-fourths of organizations rate poorly relative to their efforts to use consumer insights for decision making. Less than 10 percent of organizations are pursuing pricing strategies and price transparency […]