#pharmaceutical-companies

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OMG science
Ars Technica
2 months ago
OMG science

Big Pharma spends billions more on executives and stockholders than on R&D

Pharmaceutical companies spend more on executive compensation and stock buyouts than on research and development for new drugs.
Pharmacy benefit managers (PBMs) contribute to drug pricing but their profits pale in comparison to pharmaceutical profits. [ more ]
Ars Technica
1 year ago
OMG science

70% of drugs advertised on TV are of "low therapeutic value," study finds

Some new drugs sell themselves with impressive safety and efficacy data.For others, well, there are television commercials.According to a new study, a little over 70 percent of prescription drugs advertised on television were rated as having "low therapeutic value," meaning they offer little benefit compared with drugs already on the market.
moreOMG science
www.nytimes.com
2 months ago
US politics

Under Bernie Sanders's Glare, Pharmaceutical Chiefs Will Testify on Drug Prices

The chief executives of Johnson & Johnson, Merck, and Bristol Myers Squibb are set to testify in front of the Senate health committee regarding drug pricing in the US.
Senator Bernie Sanders plans to focus the hearing on why drug prices are higher in the US compared to other wealthy countries.
The hearing coincides with the launch of a new federal program that authorizes Medicare to negotiate the prices of some costly medications. [ more ]
Public health
Boston.com
2 months ago
Public health

Under Bernie Sanders' glare, pharmaceutical chiefs will testify on drug prices

CEOs of three major pharmaceutical companies to testify before Senate health committee on drug pricing in the US.
The executives are expected to clash with committee chair Bernie Sanders over high drug prices in comparison to other countries. [ more ]
www.dailynews.com
4 months ago
Public health

The White House is threatening the patents of high-priced drugs developed with taxpayer dollars

The Biden administration is warning pharmaceutical companies that it might cancel their patent protection if drug prices are too high
The administration is also targeting private equity firms that buy and gut hospitals and physician practices [ more ]
New York Daily News
11 months ago
Public health

Johnson & Johnson's COVID vaccine no longer available in U.S.

Johnson & Johnson's COVID-19 vaccine, a single-shot alternative to other pharmaceutical companies' two-dose series, is "no longer available" in the United States, health officials said.The last of the government's J&J vaccine stock expired May 7, according to the Centers for Disease Control and Prevention.
www.nytimes.com
1 year ago
Public health

Opinion | American Health Care Is Dying. This Hospital Could Cure It.

A few months ago, I had to give a patient the worst news.It looks like your cancer has returned, I said.The man had religiously attended his chemotherapy and radiotherapy sessions in the city's public health care system up until nine months before.Looking for a little more scheduling flexibility with his appointments, he took a step that seemed logical.
www.thelocal.ch
1 year ago
Public health

Burnout on the rise among Swiss doctors

Based on the information released by Santesuisse, an umbrella group for health insurance companies, an overall increase of around 4 percent for 2023 will be the norm.
morePublic health
Cbsnews
3 months ago
Medicine

Drugmakers hiking prices for more than 700 medications, including Ozempic and Mounjaro

Pharmaceutical companies have increased prices for over 700 medications, including popular weight-loss drugs.
The average price increase at the start of the year was around 4.5%, slightly slower than previous years. [ more ]
www.nytimes.com
11 months ago
Medicine

Eli Lilly Trial Finds Alzheimer's Drug Can Slow Progress of Disease

The drug manufacturer Eli Lilly announced on Wednesday that a clinical trial of an experimental Alzheimer's drug showed it can slow progress of the feared disease and allow patients to have more time when they can still live independently, performing tasks like cooking meals, going to the store and driving a car.
ipwatchdog.com | Patents & Intellectual Property Law
10 months ago
Intellectual property law

U.S. Chamber of Commerce Sues HHS Over Constitutional Defects in Inflation Reduction Act's Medicare Negotiation Program - ipwatchdog.com | Patents & Intellectual Property Law

"The only plausible explanation for the way the Inflation Reduction Act is structured is that the President and Members of Congress thought that it would be easier and more politically palatable..." - U.S. Chamber of Commerce
On June 9, the U.S. Chamber of Commerce and several affiliate organizations filed a lawsuit in the Southern District of Ohio raising a series of constitutional challenges to provisions of the Inflation Reduction Act (IRA).
IPWatchdog.com | Patents & Intellectual Property Law
10 months ago
Intellectual property law

U.S. Chamber of Commerce Sues HHS Over Constitutional Defects in Inflation Reduction Act's Medicare Negotiation Program

"The only plausible explanation for the way the Inflation Reduction Act is structured is that the President and Members of Congress thought that it would be easier and more politically palatable..." - U.S. Chamber of Commerce
On June 9, the U.S. Chamber of Commerce and several affiliate organizations filed a lawsuit in the Southern District of Ohio raising a series of constitutional challenges to provisions of the Inflation Reduction Act (IRA).
www.vice.com
1 year ago
Artificial intelligence

ChatGPT Can do a Corporate Lobbyist's Job, Study Determines

An AI researcher at Stanford University has drafted a paper showing that OpenAI's new chatbot, ChatGPT, has an aptitude for corporate lobbying.In his paper, John J. Nay argued that as language models continue to improve, so will their performance on corporate lobbying tasks.It suggests a future where corporate lobbyists, which make up the largest group of lobbyists on the Hill and spend billions of dollars a year influencing political decision-makers, will be able to automate the process of drafting legislation and sending letters to the government.
Truthout
1 year ago
Left-wing politics

1.3 Million US Adults With Diabetes Ration Insulin Due to High Cost

New research unveiled Monday estimates that around 1.3 million U.S. adults with diabetes either skipped entire insulin doses, took less than needed, or put off purchases of the medicine over the past year due to its high cost, a striking indictment of a healthcare system that allows profit-seeking pharmaceutical companies to drive up prices at will.
AdExchanger
1 year ago
Marketing tech

The Big Story: Meta's HIPAA Violations And The Rise Of MMM | AdExchanger

HIPPA is in the news.Meta just got sued over an alleged violation of the law.
www.theguardian.com
10 months ago
UK politics

Britain is recklessly exposed' to new pandemics, expert warns

Ministers have systematically dismantled critical vaccine plans drawn up during the Covid crisis and left the country recklessly exposed to another pandemic, one of the most senior figures shaping Britain's scientific response to the virus has warned.In a damning verdict that comes just days before the official Covid inquiry starts publicly examining Britain's preparedness for pandemics, Dr Clive Dix, the former chairman of the UK's vaccine taskforce, said the abandonment of schemes developed during Covid now left Britain fraught with danger.
Truthout
10 months ago
Left-wing politics

Merck Sues Government, Saying Plan to Lower Medicare Drug Prices Is "Extortion"

The company claims that the plan to allow Medicare to negotiate drug prices violates the First and Fifth Amendments.A Merck flag flies in front of the company's building on October 2, 2013, in Summit, New Jersey.Kena Betancur / Getty Images Merck announced on Tuesday that it is suing the government over a recently approved plan to allow Medicare to negotiate prescription drug prices, aiming to stop one of the nation's first efforts to take a small step toward lowering sky-high drug prices in the U.S.
The lawsuit, filed in a federal court in Washington on Tuesday, claims that the plan is unconstitutional and calls it a "sham" and "tantamount to extortion."
www.aljazeera.com
11 months ago
Public health

Scientists call on G7 to improve preparedness for next pandemic

Appeal comes amid concern strict intellectual property rules hamper the production of affordable vaccines and medicines.Hiroshima, Japan Scientists have called on the Group of Seven to take urgent action to tackle the world's lack of preparedness for the next pandemic, warning that developing countries continue to lack access to life-saving treatments and vaccines.
Harvard Business Review
1 year ago
Business

Video Quick Take: Medidata's Anthony Costello on the Value of Decentralized Trials - SPONSOR CONTENT FROM MEDIDATA

Welcome to the HBR Video Quick Take.I'm Todd Pruzan, senior editor for Research and Special Projects at Harvard Business Review.A decentralized clinical trial, or DCT, is a method of conducting clinical trials in which part or all of the trial happens outside a traditional physical clinic or trial site.
Ars Technica
1 year ago
OMG science

RSV vaccine for older adults is 84% effective, Moderna says

Moderna's mRNA-based vaccine against RSV (respiratory syncytial (sin-SISH-uhl) virus) was effective at preventing disease in older adults, according to preliminary, top-line results of an ongoing phase III clinical trial the company announced Tuesday.Moderna said it will now seek regulatory approval for the vaccine in the first half of this year.
www.independent.co.uk
1 year ago
UK news

UK haemorrhaging moral authority' over supply of Covid drugs for poor world

The UK has been warned it is haemorrhaging moral authority after tumbling into second-last place in the league table for the global fight against Covid-19.Only India ranked behind Britain in the analysis of G20 states conducted by charity Christian Aid and the People's Vaccine Alliance.But the campaigners said none of the group  made up of the world's 19 most powerful national economies and the EU  was doing enough to fight the pandemic in poorer countries around the globe.
KQED
11 months ago
Healthcare

'Screaming Into a Void': Long COVID Patients Have Waited in Vain for Years for Treatments | KQED

Dr. Steven Deeks, an infectious disease specialist at UCSF who has extensively researched long COVID, argues that clinical trials for possible treatments should have started months ago."Based on the fact there's anecdotes of people getting better with antiviral therapy, yes, it's an absolute urgency right now to study, in a controlled manner, all of the antiviral therapies that we have available," he said.
Washington Post
1 year ago
Europe news

With Russia's Viagra supply cut off, authorities look to generics as backup

Shipping containers are reshuffled and stored at a commercial port in Vladivostok, Russia, on Wednesday.(Tatiana Meel/Reuters)Russia's Industry and Trade Ministry said Wednesday that it had taken steps to establish domestic production of generic forms of Viagra, the erectile dysfunction remedy, after the U.S. manufacturer of the drug halted supplies.
www.independent.co.uk
1 year ago
UK news

MP accuses NHS of abandoning sister' over brain cancer treatment

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email An MP has accused the NHS of abandoning her sister who suffers from brain cancer in an emotional speech in parliament.Labour's Siobhain McDonagh fought back tears as she raised the experiences of 61-year-old Margaret McDonagh, a former Labour general secretary who sits in the House of Lords as Baroness McDonagh.
the Guardian
1 year ago
Medicine

Placebos expert Kathryn T Hall: 'The effect can rival painkillers like ibuprofen or even morphine'

he placebo effect occurs when an inert treatment such as a dummy pill, fake injection or sham surgery leads to a real clinical improvement in symptoms.
Washington Post
1 year ago
Business

A new algorithm could spot Parkinson's early. Will it help?

Engineers and researchers are trying to develop various forms of technology - from iPhone apps to watches - to detect Parkinson's disease earlier in patients, which is notoriously difficult for doctors to do.
Medium
11 months ago
Data science

Generating Content-Based Recommendations for Millions of Merchants and Products

Editor's note: Madhav Thaker and Chen Karako-Argaman are speakers for ODSC East this May 9th-11th.Be sure to check out their talk, "Generating Content-based Recommendations for Millions of Merchants and Products," there!Shopify is an all-in-one commerce platform that provides businesses the infrastructure to create and scale their own online store and sell products or services.
Chicago Tribune
1 year ago
Chicago

Outcome Health co-founder did not teach underling fraud, defense attorney says during closing arguments

The co-founder and former president of Outcome Health did not teach an underling to commit fraud and did not intend to deceive clients, an attorney said Thursday as closing arguments continued in the widely watched criminal fraud trial of three former Outcome executives.Attorneys entered a third day of closing arguments Thursday, with a lawyer representing former co-founder and president Shradha Agarwal getting her turn to make a final impression on jurors.
www.mediaite.com
1 year ago
Left-wing politics

WATCH: CNN Fact-Checker Daniel Dale Says Biden Did NOT Lie' About Plan Republicans Screamed LIAR!' About

CNN fact-checker Daniel Dale said President Joe Biden is not lying about the plan that Florida Sen. Rick Scott and other Republicans keep insisting he's lying about including the ones who shouted LIAR! at the State of the Union speech.On Friday morning's edition of CNN Newsroom, co-anchors Erica Hill and Jim Sciutto hosted Dale to fact-check Scott, who authored the proposal at the heart of the explosive moment Republicans heckled Biden at the State of the Union, and others who claim the president lied when he said some Republicans, some Republicans want Medicare and Social Security to sunset.
www.independent.co.uk
1 year ago
Berlin

Germany to pay more for child medicines amid supply shortage

The German government said Tuesday that it will allow health insurance companies to pay more for pediatric medications that are in short supply in the country.Germans have scrambled to find basic drugs such as painkillers in recent weeks amid delivery bottlenecks and higher-than-usual demand.Health Minister Karl Lauterbach said insurers that form the backbone of the German public health system will be able to pay 50% more than the legally set price for patent-free medicines.
www.theguardian.com
1 year ago
Writing

A more anarchic city': Darryl Pinckney on New York literary life in the 1970s

Reading Darryl Pinckney's freewheeling new memoir, Come Back in September, is like being at a particularly fabulous literary party.Wander its book-lined rooms, and in time you meet just about everyone who was anyone in New York in the years  wild and unstoppably creative  between 1973 and 1989.Here is Susan Sontag dancing at a West Village joint called the Cock Ring with Fran Lebowitz, and here is Mary McCarthy writing, indelicately in the eyes of some, of her late friend Hannah Arendt's feet (I think she only once had a corn).
Gothamist
1 year ago
Health

Safety-net health providers, NYC officials make final plea against NYRx drug pricing reform

A pair of community health centers - Heritage Health and Housing in Harlem and Evergreen Health in Buffalo - filed a lawsuit late last week against the New York State Department of Health to block the upcoming launch of a new prescription drug plan for Medicaid members, known as NYRx.It's part of a final attempt by several stakeholders to derail the plan, which takes effect this Saturday.
www.cnn.com
1 year ago
Health

Merck says it's working to reduce levels of cancer-causing compound in popular diabetes drugs

Pharmaceutical company Merck said that it is working to reduce levels of a cancer-causing organic compound that was found in some of its popular type 2 diabetes drugs.The compound, called nitrosamines or NTTP, can come from chemical reactions that can form in drugs during the manufacturing process.Nitrosamines are also naturally found in fresh fruits and vegetables, grilled meats and fish, in water and in the air.
www.cnn.com
1 year ago
Health

FDA approves ALS drug whose study was partly funded by Ice Bucket Challenge

A new treatment for amyotrophic lateral sclerosis, or ALS, has been approved by the US Food and Drug Administration.
www.npr.org
2 years ago
Health

Pfizer asks FDA to authorize booster shots for kids ages 5 through 11

Finn Washburn, 9, receives an injection of the Pfizer-BioNTech COVID-19 vaccine in San Jose, Calif., in November.
HuffPost
1 year ago
Health

I Took Oxy And Fentanyl For Years. Here's What No One Is Telling You About The Opioid Crisis.

The author, who has a rare disease called sarcoidosis, relied on high doses of opioids to manage their pain during the opioid epidemic.
The author highlights the challenges faced by pain patients who needed opioids for legitimate medical reasons but were negatively affected by the over-prescribing and illegal distribution of these medications. [ more ]
Chicago Tribune
1 year ago
Chicago

Former Outcome Health CEO not to blame for fraud, attorney argues as trial winds down

The former CEO of the once lauded Chicago tech start-up Outcome Health did not commit fraud but rather trusted the wrong person, a defense attorney argued Wednesday morning, as closing arguments continued in the trial of three former company executives.After more than seven hours of closing arguments from a government prosecutor, the defense began its turn Wednesday giving closing arguments in the criminal trial against former Outcome CEO Rishi Shah, former President Shradha Agarwal and former Chief Operating Officer and Chief Financial Officer Brad Purdy.
www.npr.org
1 year ago
Law

Idaho is the latest state to permit execution by firing squad

Idaho Gov. Brad Little delivers his 2023 State of the State address at the Idaho State Capitol in Boise in January.A new law allows executions by firing squad if no lethal injection drugs are available.Kyle Green/AP Idaho may soon use firing squads to execute death-row inmates if no lethal injection drugs are available, under a new law signed last week.
www.cnn.com
1 year ago
US politics

Fact check: Sen. Rick Scott keeps repeating a debunked claim about Biden and Medicare

Just before President Joe Biden's visit to Florida on Thursday, one of the state's Republican senators, Rick Scott, repeated a false claim about Biden and Medicare a claim that was debunked by multiple news outlets when Scott and a Scott-chaired Republican organization uttered it during the 2022 midterm campaign.
Truthout
1 year ago
Left-wing politics

Sanders Calls State of US Health Care an "International Embarrassment"

Following the release of a recent poll finding that Americans have very little faith in the quality of the U.S. health care system, Sen. Bernie Sanders (I-Vermont) took to the Senate floor on Tuesday to once again call for the passage of Medicare for All.
IPWatchdog.com | Patents & Intellectual Property Law
1 year ago
Intellectual property law

Could In re Cellect be the End of Patent Term Adjustments? The Federal Circuit Will-Soon-Tell-Us

"This year, the Federal Circuit will decide whether a judge-made-doctrine can truncate a legislative grant of patent term adjustment....In doing so it could craft a bright-line rule that a judge-made doctrine cannot cut off a statutorily authorized time extension."Patent Term Adjustment (PTA) was designed to serve an important purpose - to compensate patentees for time lost during examination due to U.S. Patent and Trademark Office (USPTO) delays.
IPWatchdog.com | Patents & Patent Law
1 year ago
Intellectual property law

NIH Makes Deal with WHO to Share Key COVID Technologies

"The United States will finally share some of the publicly funded innovations needed to produce COVID-19 vaccines with the world.But this is just a first step.
Truthout
1 year ago
Left-wing politics

"He Is Not Ready": Raphael Warnock Blasts No-Show Herschel Walker During Debate

Sen. Raphael Warnock on Sunday blasted his Republican opponent Herschel Walker - represented at the Atlanta debate by an empty podium to the Democratic incumbent's left - for lying about his "well-documented history of violence" and opposing student debt relief, prescription drug price reforms, and other popular policy moves.
Truthout
1 year ago
Left-wing politics

Big Pharma Has Raised Drug Prices 1,186 Times This Year, Report Says

The U.S. pharmaceutical industry exercised its virtually unlimited pricing power to hike costs for patients again this month as Senate Democrats made progress toward a limited deal to regulate out-of-control prescription drug prices, which are forcing millions of people to ration their medication or go without it entirely.
Truthout
1 year ago
Left-wing politics

Nobel Laureate Calls for Ending Intellectual Property Rules for COVID Vaccines

Social entrepreneur and Nobel Peace Prize laureate Muhammad Yunus on Saturday called for a comprehensive waiver of intellectual property rules for Covid-19 vaccines and treatments, declaring that "freeing" the technology "from profit and patent is the key" to a global health system that puts human lives above corporate profit.
the Guardian
1 year ago
Mental health

The chemical imbalance theory of depression is dead - but that doesn't mean antidepressants don't work | Christopher Davey

he chemical imbalance theory of depression is well and truly dead.A paper by Joanna Moncrieff and colleagues, longtime critics of the effectiveness of antidepressants, has caused a splash.
Calm Sage - Your Guide to Mental and Emotional Well-being
1 year ago
Mental health

Understanding The Meaning Of Doublespeak! How Does It Affect Us?

Have you ever been manipulated?I am sure most of you must have experienced manipulation and I know it doesn't feel good.
Nytimes
1 year ago
World politics

Mexican Activists Answer Calls for Abortion Pills From the U.S.

In the weeks since the U.S. Supreme Court eliminated the constitutional right to abortion, the phones and social media accounts of abortion rights activists in Mexico have been inundated with desperate requests for abortion pills from people in the U.S.
Nytimes
1 year ago
New York City

Why Judges Keep Recusing Themselves From a N.Y.C. Vaccine Mandate Case

The city's teachers, who sued over vaccine requirements, said the judges assigned to the case owned thousands of dollars of Covid-19 vaccine-maker stock, which could affect their rulings.
Yanko Design - Modern Industrial Design News
1 year ago
Design

This asthma inhaler concept makes it easier to take your life-saving puff - Yanko Design

There is nothing more natural than breathing, so this inhaler uses that to make it easier to take a puff of medicine.
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