#pharmaceutical-companies

[ follow ]
#healthcare-policy

J&J Backs Down From 340B Rebates, But Maintains They're 'Legally Permissible' Per Statute - MedCity News

Johson & Johnson's attempted changes to the 340B program sparked controversy and scrutiny, emphasizing the program's role in providing drug discounts for underserved communities.

Biden and Harris celebrate landmark deal to lower medication prices

Biden and Harris positioned themselves as advocates for seniors, emphasizing the landmark deal to lower prescription drug costs and overcoming pharmaceutical industry obstacles.

Who Is Responsible for the High Cost of Prescription Drugs? One Advocate Weighs In - MedCity News

Pharmaceutical companies and pharmacy benefit managers play a significant role in driving up prescription drug costs in the U.S.

J&J Backs Down From 340B Rebates, But Maintains They're 'Legally Permissible' Per Statute - MedCity News

Johson & Johnson's attempted changes to the 340B program sparked controversy and scrutiny, emphasizing the program's role in providing drug discounts for underserved communities.

Biden and Harris celebrate landmark deal to lower medication prices

Biden and Harris positioned themselves as advocates for seniors, emphasizing the landmark deal to lower prescription drug costs and overcoming pharmaceutical industry obstacles.

Who Is Responsible for the High Cost of Prescription Drugs? One Advocate Weighs In - MedCity News

Pharmaceutical companies and pharmacy benefit managers play a significant role in driving up prescription drug costs in the U.S.
morehealthcare-policy

Medicare negotiated drug prices for the first time. Here's what it got

The White House will announce lower Medicare prices for 10 drugs, saving Medicare and beneficiaries billions as part of recent negotiations.

Blood Test Shows Accuracy in Detecting Alzheimer's Disease

A blood test could offer high accuracy in diagnosing Alzheimer's disease, potentially surpassing judgments by doctors and specialists.
It is crucial to use the blood test method for Alzheimer's diagnosis only in patients already displaying cognitive decline.
Pharmaceutical companies are actively developing blood tests for Alzheimer's, indicating an upcoming shift in diagnostic methods.

Imagine getting life-saving drugs to sick people without relying on big pharma? We may have found a way | Dr Catriona Crombie

Healthcare providers are finding innovative ways to make life-saving treatments more accessible for patients with rare diseases.

Scamdemic Bird Flu: Vaccines for 33 Billion Chickens? Digital Food Rationing? The End of Animal Agriculture?

The overhyped threat of a human bird flu pandemic may serve as a distraction to reset the food system by benefiting pharmaceutical companies and leading to mass destruction of chickens.

What is behind the insulin shortage in the US?

Pharmaceutical companies prioritize weight-loss drugs over insulin production, leading to shortages and potential health risks for diabetes patients.
#drug-pricing

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.

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.

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.

Joe Biden and Bernie Sanders Demands Drug Companies Cut Price of Ozempic and Other New Weight Loss Drugs

Biden and Sanders urge Novo Nordisk and Eli Lilly to lower prices of weight loss drugs for American patients.

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.

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.

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.

Joe Biden and Bernie Sanders Demands Drug Companies Cut Price of Ozempic and Other New Weight Loss Drugs

Biden and Sanders urge Novo Nordisk and Eli Lilly to lower prices of weight loss drugs for American patients.
moredrug-pricing

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.

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.

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
#people

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
morepeople
#years

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
moreyears
#european-union

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.

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.

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.

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.
moreeuropean-union

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.

Drug Companies Have a Sneaky Idea to Get Insurance to Pay for Drugs Like Zepbound

Pharma companies sponsor studies to expand insurer coverage of weight loss medications by proving efficacy for other conditions.

WHO warns against fake Ozempic drugs flooding black market DW 06/20/2024

Beware of fake versions of diabetes and weight loss drugs online to prevent health risks.
[ Load more ]