Spicer's comments during a press briefing predictably put a damper on biotech stocks — but it wasn't nearly the plunge the Trump administration's other statements about
drug price regulations have wrought.
Saunders has openly argued that pharma can head off more stringent
drug price regulation in the U.S. (such as Trump's suggestions of competitive bidding and direct negotiations in Medicare) by self - policing.
Pharma and biotech stocks swooned recently (the S&P Pharmaceuticals Select Industry Index is down 25 % in the last three months), largely on concerns about greater
drug price regulation.
A more leftist system of greater
drug price regulation could come with other negative side - effects, Miller continued.
Not exact matches
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.
He's endorsed policies like direct
drug price negotiation in Medicare (usually a Democratic wish list item that's despised by
drug makers) while simultaneously promising to slash other
regulations on the biopharma industry; he famously promised «insurance for everybody» yet ostensibly supports benefit cuts and a rollback of the Medicaid expansion, which has covered millions of the poorest Americans.
Concerns that a Hillary Clinton administration would impose greater
price regulation on
drug companies had put a damper on pharmaceutical stocks for more than a year.
Investors have, on balance, concluded that the combination of a shift to very expansionary fiscal policy and major reductions in
regulation in sectors ranging from energy to finance to
drug pricing will raise demand and reflate the American economy.
The market selloff in biotech began last year when Hilary Clinton commented on
drug price gouging and the need for increased
regulation.
Investments in fast - growing industries like the technology and healthcare sectors (which have historically been volatile) could result in increased
price fluctuation, especially over the short term, due to the rapid pace of product change and development and changes in government
regulation of companies emphasizing scientific or technological advancement or regulatory approval for new
drugs and medical instruments.
Investments in fast - growing industries like the technology and health care sectors (which have historically been volatile) could result in increased
price fluctuation, especially over the short term, due to the rapid pace of product change and development and changes in government
regulation of companies emphasizing scientific or technological advancement or regulatory approval for new
drugs and medical instruments.
Theoretically, better
regulation of
drugs pricing might increase the cost efficiency of the health system, without changing other aspects.
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.
«These provisions could threaten everything from Buy America contracting provisions to New York State's ban on hydro - fracking and setting discounted
prices for vital prescription
drugs to
regulations to protect consumer from noxious financial industry practices,» they wrote.
Too - strict
regulations might limit patient access to the
drug by driving prices up, said Julie Netherland, deputy state director of the Drug Policy Allia
drug by driving
prices up, said Julie Netherland, deputy state director of the
Drug Policy Allia
Drug Policy Alliance.
The Patent Act and the PM (NOC)
Regulations seek to balance «effective patent enforcement» over new and innovative
drugs with the «timely market entry» of lower
priced generic versions once the patents have expired.
Derek Lowe writes at In the Pipeline that Novartis and Roche are so displeased with the government's approach to
drug pricing and
regulations on clinical trials that they are threatening to pull their R&D out of the country.
[11] In order to stop this inflationary effect on generic
drug prices, in 2006, the Ontario Drug Benefit Act, the Drug Interchangeability and Dispensing Fee Act, and the Regulations under them were amended to prohibit reba
drug prices, in 2006, the Ontario
Drug Benefit Act, the Drug Interchangeability and Dispensing Fee Act, and the Regulations under them were amended to prohibit reba
Drug Benefit Act, the
Drug Interchangeability and Dispensing Fee Act, and the Regulations under them were amended to prohibit reba
Drug Interchangeability and Dispensing Fee Act, and the
Regulations under them were amended to prohibit rebates.
[10] Prior to 2006, the
price at which manufacturers could apply to list generic
drugs in the Formulary was capped by
regulations under the Actsat effectively 63 % of the
price of the brand - name
drug.
Life science companies are preparing themselves for continued regulatory uncertainty during 2017, as
drug pricing remains a hot - button issue and
regulations evolve to meet new healthcare reforms.
Stocking and
pricing of medications in inventory ensuring availability of
drugs by delivering them to patients or facilities maintaining pharmacy's (and its patients» employees») safety by adhering to infection - control procedures, policies and
regulations compounding intravenous (iv) solutions delivering medications to and from satellite pharmacies restocking automated medication dispensing systems mixing and dispensing orally - administered medications unit - dosing tablets from a bulk bottle must have a acpe certification and cpr certification.