Sentences with phrase «drug company profits»

Moreover, given the stress on drug company profits, the show might have taken a minute to point out that both simvastatin (Zocor) and atorvastatin (Lipitor) are now off - patent.

Patented drugs are important to drug company profits because the company that invents them can sell them exclusively for many years, and thus they can charge more for them because there's no competition.

Not exact matches

Meanwhile, despite much talk about change, Congress and the Trump administration have done little to control drug prices or threaten drug - company profits.

Both companies have since rolled back their price increases, and experts say that while drug prices will continue to rise the practice of hiking prices purely for profit may be on the wane.

In an interview Monday with Bloomberg TV's Betty Liu, the company's CEO, Martin Shkreli, defended the move, explaining that they «need to turn a profit on the drug.»

He argued the drug companies spent millions of dollars to promote the drugs for profit while denying or trivializing their potential addictive qualities.

The company actually beat Wall Street profit estimates largely thanks to its superstar cancer immunotherapy drug Keytruda, which has been shown to best chemotherapy in helping lung cancer patients live longer and given Merck a leg up over rivals like Bristol - Myers Squibb's immune therapy Opdivo.

Much of the problem, Miller explained, is that Americans are already shouldering more than their fair share of pharmaceutical companies» costs: While the U.S, accounts for only 4.6 % of the total world population, it makes up about 40 % of the world's drug spending, and the bulk of pharma companies» profits, he said.

Profit declines sharply and company cuts full - year outlook

Cardinal Health Inc. reported a sharp decline in profit in its last quarter and lowered its full - year outlook following inventory write - downs in its overseas businesses and a sharper - than - anticipated decline in generic drug pProfit declines sharply and company cuts full - year outlook

Cardinal Health Inc. reported a sharp decline in profit in its last quarter and lowered its full - year outlook following inventory write - downs in its overseas businesses and a sharper - than - anticipated decline in generic drug pprofit in its last quarter and lowered its full - year outlook following inventory write - downs in its overseas businesses and a sharper - than - anticipated decline in generic drug prices.

Biotechnology stocks also took a hit as shares of Gilead Sciences Inc dropped 7.8 percent after the company reported a lower quarterly profit on falling sales of its flagship hepatitis C drugs.

However, seeing a high number shouldn't be all that surprising, especially since almost half of the companies the biotech fund holds don't even have a drug on the market yet, so profits could be a long ways away — and this is just the nature of the industry.

The result is significantly lower costs, allowing Ligand to be highly profitable on what would normally be a revenue figure that's too small to lead to recurring profits for traditional drug companies.

Oh, but Rick Santorum says we shouldn't question the profits that drug companies make... they help people.

Andrew observed a very dangerous trend taking hold: Doctors — who were having new drugs pushed to them by profit - driven pharmaceutical companies — began prescribing extremely powerful and addictive opioid painkillers to patients with almost reckless abandon.

When I think about the millions of Americans who can not afford basic healthcare while insurance and drug companies announce record profits, I worry.

He went on to defend the price gouge, saying that his company, Turing Pharmaceuticals, needed to continue to profit and that anyone who really needed the drug would be able to afford it.

Toth said the for - profit model doesn't bother her, comparing the milk bank to pharmaceutical companies who make a profit from lifesaving drugs.

Importing pharmaceuticals would inhibit the ability of pharmaceutical companies to make high profit margins on their drugs, which is needed to overcome the extremely high cost of gaining government approval to sell those drugs.

It will lower costs by cutting multi-payer administrative waste and the monopoly profits of private insurance, drug, medical equipment, and hospital companies.

Republicans: Oppose guaranteed universal health care; Support health policy based on corporate profits for insurance, HMO, and drug companies instead of human need.

The budget includes taxes on «windfall» profits of health insurance companies that have benefitted from the December tax law and a surcharge on drug companies that manufacture opioids.

A five - year deal, the pharmaceutical price regulation scheme (PPRS), was agreed in 2005, allowing drugs companies to set their own prices inside maximum profit allowances.

«This follows the company previously suggesting a great response to its drug and touting that it stood to generate as much as $ 3 billion in profits in this country alone.

It also should be pointed out the profit motive of drug companies is a major reason why they haven't worked on finding ways to prevent the spread of infectious diseases such as Ebola.

Alternatively, they suggest a less radical change in marketing, in which for $ 1 billion the global authority would have a say in how the drug was sold, but the company that developed it could still sell it for a profit.

Under Witty, GSK has made several moves that may seem unusual for a publicly owned, profit - driven drug company.

Normally a company invests a great deal of money in research and development to get a drug to market, then recoups that, and profits, by selling it.

You know, that's the way cancer research works in this country too, where the federal government sponsors the initial research and then the pharmaceutical companies take advantage of what's been learned through drug screenings and they go and develop the drugs for profit.

Scathing of drugs companies and the way they often put profits before human life, he had earlier fought for the rights of victims of the drug thalidomide.

For Poirier, the key message was that R&D groups have a mandate of innovation and discovery, whereas the marketing division's mandate is to do what is necessary to sell the drug and provide profits for the company shareholders.

If a pharmaceuticals company — which might find 10 per cent of the undiscovered drugs — paid out all its profit to the owners, this would amount to only $ 1.32 a hectare.

Alternatively, they suggest spending less, around $ 1 billion, for a less radical change in marketing: the global authority would have a say in how the drug was sold, but the company that developed it could still sell it for a profit.

The affair once again underlines how fragile the vaccine market is, Sloan says: Because of high risks and low profits, many companies have given up making vaccines in favor of more lucrative drugs.

Because metformin is generic and cheap, drug companies have little profit motive to test it, according to Arnold.

* Eliminate «pay - for - delay» strategies in which a pharmaceutical company with a brand name drug shares profits on that drug with a generic drug manufacturer for the remainder of a patent period, effectively eliminating a patent challenge and competition.

In an unprecedented venture, the world's fourth largest pharmaceutical company, Sanofi ‐ Aventis, has joined forces with a not ‐ for ‐ profit organisation, the Drugs for Neglected Diseases Initiative (DNDI).

Activists often slam large pharmaceutical companies for failing to develop drugs that are of critical importance to the developing world.Andrew Witty, GlaxoSmithKline's youthful chief executive, gave those critics pause yesterday in a speech to the Council on Foreign Relations in New York City.Witty promised to sell the company's malaria vaccine that is in late - stage clinical trials in Africa for no more than a 5 percent profit.

Companies that uncover such mutations can profit by selling that knowledge to pharmaceutical companies, which can use it to develop diagnostic tests aCompanies that uncover such mutations can profit by selling that knowledge to pharmaceutical companies, which can use it to develop diagnostic tests acompanies, which can use it to develop diagnostic tests and drugs.

But while insurers stand to save plenty of money if less women got lymphedema after breast cancer, unlike when new cancer drugs hit the market, exercise offers no immediate profit prospects for pharmaceutical or biotechnology companies — and no multi-million dollar advertising campaign advising patients to query their doctors about it.

But research is charging ahead, as oncologists, researchers and drug companies anticipate the progress and profits to be made in coming years.

The major drug companies make most of their profits on blockbuster drugs aimed at one of the above degenerative diseases of aging.

In the past, before the huge profits seen by drug companies hypothyroidism was diagnosed by an elevated cholesterol levels and treated with iodine and / or thyroid replacement....

Pharmaceutical companies have seen their greatest profits in the past on the backs of seniors with blockbuster cholesterol - lowering statin drugs.

For decades now, companies have been making these claims to market «selective serotonin reuptake inhibitor» (SSRI) antidepressant drugs that have, at best, an unclear track record, and have also made those companies billions of dollars in profit.

I am simply asking you to question whether your medication is absolutely necessary or is simply being pushed on you by a powerful company for profit or a doctor who is doing the only thing he was taught — using drugs to treat every ailment.

Their extremely profitable and much - needed portfolio of drugs have inundated the company with growing profit, which they've decided to share with their owners (the stockholders).

If a pharmaceutical company loses any of its drug manufacturing right / permission because of a regulatory effect, then it will definitely affect the company's profit and hence, the stock price.

While they continue to bring in the profit from their exposure to treatments in oncology and immunology, they also commit themselves to maintaining a strong pipeline of drugs (16 compounds in Phase III trials) that will allow the company to increase its profit (and thus its dividend) for many years to come.

The 10 most profitable publicly - listed Swiss companies that appear in the Forbes Global 2000 list for 2010 are listed below: Rank Company Industry Sales ($ bil) Profits ($ bil) 1 Nestle Food, Drink & Tobacco 97.08 10.07 2 Novartis Drugs & Biotechnology 44.27 8.4 3 Roche Holding Drugs & Biotechnology 47.35 7.51 4 Credit Suisse Group Diversified...

Their cover blown, when we asked why they weren't paying owners for blood samples from which the drug company would profit, having lost all credibility, the «veterinarians» left the meeting and did not show up at the highly publicized «University Study Samples» room the next day.