Sentences with phrase «drug pricing practices»

Additionally, there has been increasing legislative and enforcement interest in the United States with respect to specialty drug pricing practices.

Lawmakers and regulators (and presidential hopefuls) have been ramping up their scrutiny of drug pricing practices amid several flagrant instances of alleged price gouging (see Turing Pharmaceuticalsand Valeant), and consumer advocates are becoming more vocal about the price of even generic pharmaceuticals.

Not exact matches

None of these pricing and business practices are unique to Shkreli, who has run relatively minor organizations in the drug making world.

On Wednesday, hedge fund manager Bill Ackman, who recently joined Valeant's board, pledged to end the company's practice of aggressively hiking drug prices.

Lately pharma execs have been taking yet another volley of criticism over drug - pricing practices from Hillary Clinton and Marco Rubio — and plenty of others — without offering much in the way of a defense.

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 attacking Berkshire, Ackman was striking back after Buffett's business partner Charlie Munger last year called Valeant «deeply immoral» for its practice of raising drug prices, sparking a sort of long - distance feud over whose favorite stock was better.

Valeant shares are down 85 % this year, and 95 % since their peak price in summer 2015, as accounting errors have led to a criminal investigation of its practices and its drug - price increases have come under fire with regulators.

As an aside, in making his recent comments about the business practices of Valeant, Munger is not speaking as someone who does not understand the issues involved in drug distribution and pricing.

One possible explanation for Mr. Pearson's performance emerged two days later, when Valeant disclosed that it had received subpoenas from federal prosecutors asking for information about its business practices, including its drug pricing decisions.

And Cuomo wants tackle the business practices of pharmacy benefit managers, intermediaries who act as brokers to negotiate the price of drugs for insurance plans.

The measure passed last week by the Republican - led chamber prohibits gag clauses and clawbacks, two practices called into question amid the rising prices of prescription drugs.

«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.

Other recommended actions include more research, especially collaborative work, and more funding for that research; practicing integrity and high ethics; and controlling costs in such a way as to reduce the prices of drugs.

Represented the Audit Committee of a major publicly traded company in a criminal investigation by DOJ and the U.S. Attorney's Office in Philadelphia into drug pricing and accounting practices.

In the settlement, GlaxoSmithKline agreed to plead guilty and to pay a $ 3 billion fine to resolve its criminal and civil liability arising from the company's unlawful promotion of certain prescription drugs, its failure to report certain safety data, and its civil liability for alleged false price reporting practices.