Pharmaceuticals
Should Double Charging Patients for Medication be legal?
Over the summer, the Department of Health and Human Services issued a rule allowing health insurers to implement "accumulator adjustment programs," which allow insurers to effectively double charge customers for drugs.
Regeneron Offers Biden Same Experimental Cocktail as Taken by Trump
Regeneron Pharmaceuticals, the creator of the antibody cocktail given to President Trump as part of his COVID-19 treatment, says the company also reached out to former Vice President Joe Biden to offer him the treatment as well.
Democrats Skewer Pharma Executives Over Profit-Driven Drug Price Increases
Rep. Rashida Tlaib (D-Mich.) accused the CEO of drug company Teva of pretending to "look like you give a shit about sick people" while making ever-increasing profits during House testimony on Wednesday.
Trump's Order to Lower Drug Prices Is 'Unworkable,' Industry Says
The pharmaceutical industry has criticized President Donald Trump's new executive order aimed at lowering drug prices.
Chinese Vaccine Price COVID Dose 36 Times Higher than Oxford University
Pharmaceutical giant Sinophram has priced their vaccine candidate at $145, the most expensive vaccine quote yet.
Trump to Sign Order Preventing 'Essential' Drugs to Come From Overseas
President Donald Trump is expected to sign an executive order while visiting Ohio, that would require the federal government to purchase certain drugs from American manufacturers. More than 70 percent of drug ingredients supplied to the U.S. are from oversea companies.
Outsourcing U.S. Drug Manufacturing to China was a Mistake—A Lethal One
There is growing bipartisan agreement that we need to bring pharmaceutical production back home. But one enormous hurdle remains.
Trump Says Coronavirus Reaffirms Importance of Domestic Vital Supply Chains
"We cannot outsource our independence," Trump said Monday. "We cannot be reliant on foreign nations."
Drugs, Stocks, Stores and…Kentucky Face Masks | Opinion
In his weekly round-up of business and economic news, Newsweek editorial director Hank Gilman gives the lowdown on AOC vs. Cramer, pharma shortages and the future of shopping
Is Hydroxychloroquine the Answer to COVID-19 Pandemic? Racing For a Cure
"The pace of the scientific research has been really at a breathtaking speed," says Angela Rasmussan, a virologist and research scientist at Columbia University. "It's unprecedented."
Study: Big Pharma Companies Earn More Profits Than Most Other Industries
Researchers have compared the profit margins of America's drug companies, finding they are comparable with technology companies and higher than most industries.
These Are the Health Conditions the U.S Spends Most On
"The vast costs associated with health care represent one of the most important and contentious issues facing Americans today," said researcher Joseph Dieleman.
Illinois Becomes Second State to Cap Monthly Insulin Prices
Illinois Governor J.B. Pritzker signed a bill into law Friday which limits out of pocket insulin costs to $100 for a 30-day supply.
U.S. Drug Costs Set to Rise, Price Increasing for Ibrance, Xeljanz, Others
Major U.S. pharmaceutical companies are set to increase the prices of some of their most popular prescription drugs, including the breast cancer medication Ibrance.
Congress, Wary of Tainted Chinese Drugs, Is Baffled by Lack of Oversight
Following major recalls of Chinese-manufactured medication that contained carcinogenic ingredients, lawmakers expressed their alarm, and sometimes disbelief, at the FDA's inability to regulate foreign suppliers at a Tuesday hearing.
Mylan Pharmaceuticals Recalls Alprazolam Over 'Contamination Concerns'
The drug company is pulling batches of the drug distributed between July and August 2019.
Florida Pharmaceutical Wholesalers Indicted for Selling Black Market Drugs
The indictment charges claim that name-brand drugs intended to treat conditions for cancer, HIV and mental illness were obtained through an underground market, fraud, burglary and cargo theft for resale purposes.
The U.S. Wastes 25 Percent of Its Healthcare Spending
The study, published in JAMA, is based on government reports, articles and peer-reviewed publications related to costs and savings estimates in six categories of waste, released between 2012 and 2019.
The Only Winner Out Of Nancy Pelosi's Drug Plan Will be China
China and our other economic competitors would love to see us undermine our own domestic biopharmaceutical sector to their benefit.
#BoycottCVS: Ava Duvernay and Chelsea Handler Join Conversation
"If we #BoycottCVS, we are also saving a rainforest. So, two birds," Handler tweeted.
Shrimp Are Testing Positive for Cocaine and Scientists Don't Know Why
Scientists also found ketamine and a banned pesticides in shrimp.
FDA Approves New Esketamine Antidepressant
The FDA approved Spravato (esketamine) nasal spray on Tuesday. Here's everything to know about the new drug, including side effects, cost and availability.
Introducing Blockchain Impact Award Winner Prescrypto
Prescrypto provides a blockchain-based infrastructure to collect prescribing information, route that information securely to pharmacies, and provide a history of medications used by each patient.
Faulty Supply Chains Put Antibiotics out of Reach
One key factor is that people only take antibiotics for a short period of time, just until an infection clears.
Pharmapocalypse: Why Are Drug Prices Spiking?
Prices for the top 20 drugs prescribed to seniors rose by an average of 12 percent every year from 2012 to 2017. Nothing about the medications changed, except their price tag.
'Pharma Bro' Shkreli Sentenced To 7 Years In Jail
Technically, sentencing guidelines would have allowed the court to order Shkreli to serve more than 27 years in prison.
AI Promises Life-Changing Alzheimer's Drug Breakthrough
An AI breakthrough could lead to a silver bullet for Alzheimer's and offer a faster, cheaper way to find life-changing drugs.
New Spinal Muscular Atrophy Gene Therapy Shows Promise
Though gene therapies can be expensive on their own, they should only need to be administered once.
How Depression Medication Is Polluting the Ocean
Shore crabs exposed to trace amounts of Prozac behaved in strange ways that could threaten the species.
Many New Cancer Drugs Don't Help People Live Longer
Even after five years on the market, the promised benefits aren't showing up.