Sentences with phrase «drug price increases»
The term "drug price increases" refers to an increase in the cost or price of a prescription drug. Full definition
Recent generic drug price increases have made us concerned and caused us to take positive action to address an opportunity to help a needy patient population.
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The poster boy for prescription drug price increases was arrested on securities fraud charges this week.
As drug patents begin to roll off and scrutiny around drug prices increased over the summer, many pharmaceutical company's struggled.
The company has responded with statements saying that it's not as dependent on drug price increases as critics have claimed; it has also pointed out that while attention has focused on changes in list prices for drugs, those prices don't reflect the actual cost for insurers, governments and other group purchasers, which typically receive discounts that aren't publicly disclosed.
The Canadian drugmaker has faced intense political and investor scrutiny in the past year for its steep drug price increases and unorthodox use of a specialty pharmacy.
Add one more name to the new slew of pharma companies trying to counteract the public backlash to big drug price increases: France's Sanofi, a $ 126 billion firm known for its flagship diabetes and vaccines units.
Drug maker Valeant has taken some heat recently because of its aggressive drug price increases.
Pfizer also came under fire over drug price increases including a record $ 107 million fine by U.K. regulators for hiking an epilepsy treatment's price by 2,600 %.
Express Scripts, the largest pharmacy benefits manager in the U.S., says it's got a plan to fight drug price increases: Refuse to pay.
In August, two members of Congress investigating generic drug price increases wrote to Valeant Pharmaceuticals after that company acquired two heart drugs, Isuprel and Nitropress, from Marathon Pharmaceuticals and promptly raised their prices by 525 percent and 212 percent respectively.
«It's very easy to see a large drug price increase and say «Gosh, those people must be gouging.»
«Generic drug prices increase when market competition decreases.»
Last year, Saunders introduced a «social contract» with patients declaring that drug price increases would be kept reasonable, fair, and transparent at the company.
The company couldn't say whether its drug price increases have typically occurred before or after a generic version launches, but said that once a generic is available, it would expect to lose so much market share that it «needs to increase the price to keep production of the drug viable.»
Earlier this week, Hillary Clinton released a new campaign ad targeting Valeant Pharmaceuticals (vrx) and its drug price increases.
The firm also provided updates on its drug price increases — an issue that CEO Brent Saunders, who has pledged to limit branded price hikes to the single digits, has turned into a pet project.
He also paid $ 2 million, Bloomberg Businessweek reported, to buy the sole copy of an album from the rap group Wu - Tang Clan, which led to what Shkreli described as a disagreement with RZA, the group's most prominent member, after the drug price increase came to light.
Valeant said on Monday it has started a search for a successor to Pearson, who joined the company in 2008 and built it on acquisitions and drug price increases.