Customers able to afford medicine they may not otherwise be able to;
drug companies in turn widen their customer base; and pharmacies get people in the door to sell non-medication products and services.
We have represented clients in numerous other congressional investigations and oversight hearings, including a major internet services company in an investigation of its practices abroad, a chemical manufacturer in an investigation of the safety of its products, an insurance company in a hearing on the federal long term care insurance program, a financial services company in an investigation of credit card terms, and
drug companies in investigations concerning such matters as payments to doctors, marketing practices, generic approvals, drug importation, and drug safety.
We are not afraid to after even the largest
drug companies in the world.
After for more than 130 years in business, C.B. Fleet Company is one of the largest non-prescription
drug companies in the United States.
Not only has the information we have been given about fitness been untrue, most of it has been fabricated by greedy processed food manufacturers and
drug companies in order to keep up us sick, sad, stupid and FAT.
According to Ackman, Valeant has spent $ 40 billion acquiring drugs or
drug companies in the past five years or so.
But today, his fund, which once grew as large as $ 36 billion under management in 2011, has dwindled to $ 10 billion, following double - digit losses on wrong - footed bets on
drug companies in 2016.
They're looking at the same types of pharmacological targets that maybe only used to be pursued at
a drug company in the past,» says Philip Mayer, president of the American Association of Pharmaceutical Scientists in Arlington, Virginia.
There are three times more sales representatives for
drugs companies in France than in Britain (although France has less than Italy, which has a similar sized population).
As the fifth birthday of his twins approaches, Greg decides to moonlight for
a drugs company in order to pay -LSB-...]
He served for many years as lead national coordinating and trial counsel defending
a drug company in thousands of product liability cases as well as a series of economic - loss class actions.
Mr. Simon also recently represented a generic brand
drug company in an individual case alleging that the brand name manufacturer had filed false citizens petitions to delay the entry of the generic drug unto the market.
Not exact matches
Made by
companies like Gilead, AbbVie, Merck, and others,
drugs that treat the disease are listed at tens of thousands of dollars
in the U.S..
That could help curtail a true
drug crisis with devastating economic and social impacts — and which was sparked,
in large part, by the actions of huge pharmaceutical
companies.
In the past few years
companies like Braeburn Pharmaceuticals, Intarcia Therapeutics, and Proteus Digital Health have set out to create better medical mousetraps through devices that make existing
drugs more effective.
Cancer
drug company Juno Therapeutics, which took
in $ 145 million from Amazon's Jeff Bezos and other investors
in 2014 is but one example.
WORK undertaken by researchers at the University of Western Australia has contributed to a dramatic rise
in interest
in a US
drug company.
Instead of focusing on developing a blockbuster
drug only to have it fail
in trials, Tehrani's
company would concentrate on the process of innovation.
So many
companies have developed such increasingly effective medicines, such as those that treat more hep C strains with far shorter treatment regimens, that Gilead — a pioneer
in the field with Sovaldi and Harvoni — is projecting $ 3.5 billion to $ 4 billion
in U.S. sales from these kinds of
drugs in 2018, a dramatic drop from nearly $ 13 billion
in 2015.
Never mind that the
company doesn't even have a single
drug of its own
in clinical trials.
May 1 - Regeneron Pharmaceuticals and Sanofi will cut the net price of their expensive cholesterol
drug for Express Scripts customers
in exchange for greater patient access, with some savings to be shared with consumers, the
companies said on Tuesday.
Cramer was also burned on Pfizer's aborted takeover bid for
drug company Allergan, which had an overseas taxation rate that would allow the
company to pay lower taxes than if it were based
in the U.S.
But when they broached the idea of developing such a vaccine with
drug companies, nearly all of them said, «No, thank you very much, but we're not interested,» recalls Schiller
in a Lasker Foundation interview.
One biotech firm, Ossianix, is already hard at work developing a VNAR - based
drug - delivery system,
in collaboration with the global pharmaceutical
company Lundbeck, which focuses on
drugs for brain disorders.
The key is to avoid a
company that has only a few
drugs in the pipeline that one day may or may not be approved for use by the FDA.
Sysco says he suspected the technology would need to gain FDA approval from the time the
company launched
in 2005, because it was designing an app that physicians would prescribe like a
drug or device.
So
in the case of CVS, Meyer and his team first made sure that the
company's decision to rebrand was warranted: Leaders wanted to push its image as a more health - focused alternative to other
drug stores.
In 2016, the
company's cancer
drug franchise contributed 11 percent to the
company's sales.
Valeant's largest shareholder, billionaire and hedge funder John Paulson, has gained a seat on the
drug maker's board, sending the beleaguered
company's stock spiking more than 6 %
in Monday trading (although it's still hovering at around the $ 13 mark).
Other early seeds include the hot diabetes -
drug company Intarcia Therapeutics (which I wrote about
in November) and the Jonathan Bush - helmed athenahealth (now worth nearly $ 5 billion), which has become a prominent force
in the age of the cloud - based doctor's office and hospital.
Federal prosecutors, report the Bloomberg writers, «are also investigating relationships between PBMs and large
drug companies» and the U.S. Attorney's Office
in Manhattan has ordered three makers of insulin to turn over documents regarding those relationships.
In other words, how much of each
company's sales are coming from
drugs fresh out of the pipeline versus how much are coming from older meds?
Shares of pioneering CRISPR gene - editing firm Editas fell 7 %
in early Tuesday trading after the
company announced that it would delay an initial FDA filing for clinical trials of one of its lead
drugs, LCA10, to the middle of next year (Editas had originally planned to file by the end of 2017).
On average, the 30 large and small pharmaceutical and biotech
companies IDEA Pharma examined got just 11 % of their 2017 revenue from
drugs developed within the past five years, says Mike Rea, the firm's CEO and one of the most insightful people I've met — no exaggeration — when it comes to pinpointing innovation choke points
in the
drug industry.
A nine - time honoree as one of the fastest - growing
companies in America, SMP specializes
in fertility
drugs and offers a clinical patient management program.
The Food and
Drug Administration delivered a boon to U.S. drug giant Johnson & Johnson on Thursday, approving the company's psoriasis treatment Tremfya (a psoriasis drug that analysts say could wring in billions of dollars in annual sal
Drug Administration delivered a boon to U.S.
drug giant Johnson & Johnson on Thursday, approving the company's psoriasis treatment Tremfya (a psoriasis drug that analysts say could wring in billions of dollars in annual sal
drug giant Johnson & Johnson on Thursday, approving the
company's psoriasis treatment Tremfya (a psoriasis
drug that analysts say could wring in billions of dollars in annual sal
drug that analysts say could wring
in billions of dollars
in annual sales).
Rajiv Malik, president and executive director at EpiPen maker Mylan (essentially the
company's number two exec), has been named
in a wide - ranging civil suit alleging
drug price collusion by numerous prominent generic
drug makers.
Drug companies offer undisclosed rebates to PBMs
in exchange for market share.
Cigna (ci) agreed to buy Express Scripts Holding for $ 54 billion
in cash and stock, another move toward consolidation between U.S. health insurers and the
companies that oversee patients»
drug benefits.
Drug manufacturing and research
companies are
in a merger frenzy.
That provision would have allowed approved
drugs that win additional FDA clearances to treat rare disorders — i.e., those that affect 200,000 or fewer Americans — extended market exclusivity
in the hopes that biopharma
companies would be more compelled to invest
in difficult - to - treat spaces that involve costly follow - on clinical trials.
Weston said his family, who also controls Loblaw's parent
company, George Weston Ltd. (TSX: WN), has undergone some major changes
in the past year, including the $ 12.4 - billion blockbuster acquisition of the Shoppers
Drug Mart chain.
Kite Pharma, one of the
companies chasing a new generation of cancer
drugs called chimeric antigen receptor T - cell (CAR - T) therapies, announced a patient death
in a clinical trial of its experimental KTE - C19.
Valeant (TSX: VRX) said it had lost confidence
in the Hatboro, Pa., - based
company and was exploring relationships with other pharmacies to fill prescriptions for its
drugs.
«Far and away the biggest value - creating step that a
company can have is evolving from concept to
drug,» says Brian Bapty, a biotechnology analyst with Vancouver - based brokerage Raymond James Financial Inc. «It's one of the best businesses to be
in, albeit one of the higher - risk businesses.»
And within a span of six weeks this fall, Hillary Clinton caused a drop
in biotech stocks with a tweet calling for greater regulation of
drug prices, then single - handedly tanked stocks of private - corrections
companies when she tweeted about prison reform.
These risks and uncertainties include, among others: the unfavorable outcome of litigation, including so - called «Paragraph IV» litigation and other patent litigation, related to any of our products or products using our proprietary technologies, which may lead to competition from generic
drug manufacturers; data from clinical trials may be interpreted by the FDA
in different ways than we interpret it; the FDA may not agree with our regulatory approval strategies or components of our filings for our products, including our clinical trial designs, conduct and methodologies and, for ALKS 5461, evidence of efficacy and adequacy of bridging to buprenorphine; clinical development activities may not be completed on time or at all; the results of our clinical development activities may not be positive, or predictive of real - world results or of results
in subsequent clinical trials; regulatory submissions may not occur or be submitted
in a timely manner; the
company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction
in payment rate or reimbursement for the
company's products or an increase
in the
company's financial obligations to governmental payers; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the
company's products; the
company's products may prove difficult to manufacture, be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse; and those risks and uncertainties described under the heading «Risk Factors»
in the
company's most recent Annual Report on Form 10 - K and
in subsequent filings made by the
company with the U.S. Securities and Exchange Commission («SEC»), which are available on the SEC's website at www.sec.gov.
Says Bapty: «If a CRO is nimble and can evolve technology that can enable its clients to get a
drug approved faster or to reduce the risk of a clinical study, or even save them development money
in the long run, that
company will find it has a long - term business plan.»
As the largest pharmacy benefit management organization
in the US, the
company delivers prescription
drugs programs to 83 million people.
To Wells Fargo analysts however, the bonuses seem insensitive
in light of the
company's recent history with
drug price gouging allegations.