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Tag: Price Transparency

Seven ways PE managers can ride the current tough wave | BizCommunity

Seven ways PE managers can ride the current tough wave | BizCommunity

Managing margins Balancing pricing is a difficult business; too low and your margins are eaten away; too high and you lose market share to your competitors. A good manager knows when it would be more worthwhile to increase prices, even if it means a slight decline in volumes. Instead of only focusing on the output, […]

Trump’s new policy to tackle sky-high drug prices makes sense — sort of | Vox

Trump’s new policy to tackle sky-high drug prices makes sense — sort of | Vox

Today, the Trump administration revealed its most comprehensive policy direction on tackling the problem of prescription drug prices — in a brief blog post by the Food and Drug Administration chief Scott Gottlieb. Gottlieb outlined the administration’s “Drug Competition Action Plan,” which will focus on increasing the competition among cheaper (off patent) generic drugs. “Innovation […]

Nevada forces drugmakers to reveal insulin pricing, profits | Las Vegas Sun Newspaper

Nevada forces drugmakers to reveal insulin pricing, profits | Las Vegas Sun Newspaper

After a long road to passage, Senate Bill 539, which creates transparency in prescription drugs used to treat diabetes, was signed into law by Gov. Brian Sandoval on Thursday. Sandoval vetoed the original bill, in what he called a difficult decision, because of a clause that would have mandated drug makers to provide public notice […]

Trump Administration Prepares a Drug Pricing Executive Order, Sources Say | Bloomberg

Trump Administration Prepares a Drug Pricing Executive Order, Sources Say | Bloomberg

Top health and budget officials in the administration will meet Friday to discuss the issue, according to the people, who asked not to be identified because the session is private. Trump sought recommendations from the nation’s health agencies on reducing medication costs, Health and Human Services Secretary Tom Price told senators last week. One policy […]

Nevada passes insulin drug pricing transparency bill | Business Insider

Nevada passes insulin drug pricing transparency bill | Business Insider

Nevada is one of 23 states with proposed legislation to take on the rising cost of prescription drugs. But unlike others that focus on drug prices in a general sense, the hybrid bill focuses on two specific groups of drugs that are used to treat diabetes: insulin and biguanides. It’s the latest milestone in government actions at the […]

Amazon: Marginal Pricing, Marginal Business – Amazon.com, Inc. (NASDAQ:AMZN) | Seeking Alpha

Amazon: Marginal Pricing, Marginal Business – Amazon.com, Inc. (NASDAQ:AMZN) | Seeking Alpha

For the balance 25-30% of the industry, where Amazon will compete, the company has no particular competitive advantage apart from a willingness to cut margins and sell on price. Pricing at the margins leads to creation of marginal businesses, which Amazon already is, apart from the AWS business. The company might come to provide logistical […]

Can Drug Price Reductions Help or Hinder Pfizer Inc. ? | Library for Smart Investors (LFSI)

Can Drug Price Reductions Help or Hinder Pfizer Inc. ? | Library for Smart Investors (LFSI)

Pfizer Inc. (NYSE:PFE) so far has not joined the price reduction party and of course this has investors of the Interfaith Center on Corporate Responsibility (ICCR) worried. The news of Pfizer Inc.’s (NYSE:PFE) recent price hack made headlines earlier this month. The company jacked up the prices of 91 drugs by about a staggering 20%. […]

Pfizer investors slam new price increases as ‘out of step’ with its Big Pharma rivals | FiercePharma

Pfizer investors slam new price increases as ‘out of step’ with its Big Pharma rivals | FiercePharma

A host of Big Pharmas have either promised to limit their price hikes or opened up info on their increases and rebates. But Pfizer isn’t one of them—and that has some investors riled. In the wake of a new round of price hikes reported by the Financial Times, investor members of the Interfaith Center on […]

Ecommerce Company Introduces Surprise-Free Pricing | news.sys-con.com

Ecommerce Company Introduces Surprise-Free Pricing | news.sys-con.com

Imagine the logoed pens sitting on the receptionist desk at the doctor’s office or the custom Frisbees and keychains you see at a local festival. Those are all promotional products, and the industry is another key offender continuing to hide costs from customers. Quality Logo Products is standing against this unfair pricing strategy with No […]

Value-based contracts key to solving U.S. drug pricing ‘crisis’ | Modern Healthcare

Value-based contracts key to solving U.S. drug pricing ‘crisis’ | Modern Healthcare

In one of the deals between the two, Harvard Pilgrim pays Eli Lilly a lower price for its Type 2 diabetes drug Trulicity if patients do better on competing diabetes drugs. We’re “putting our money where are mouth is—not just making claims about superiority, but measuring outcomes,” Ricks explained. The two CEOs see the value-based […]