Sentences with phrase «in high drug prices»

Since biosimilars are so new to the U.S. market (there have been just five total approved here since 2015), it's been hard to gauge whether or not they can make a formidable dent in high drug prices by offering generic alternatives to branded treatments.

Not exact matches

Spending on new drugs for those diseases is expected to rise 7 % in 2018, and it's less due to price hikes as it is for the high prices associated with these specialty therapies.
Soliris's price can run as high as $ 700,000 a year, with the drug accounting for the bulk of Alexion's $ 3 billion in 2016 sales.
Trump responded to Frazier's resignation with angry tweets, calling Merck a leader in high prescription - drug prices and in moving jobs overseas.
In fact, some experts expected that the Novartis would price its drug even higher than $ 475,000.
Trump appears to be simultaneously criticizing inversion mergers that shift drug companies» tax domiciles overseas, pharma's tactic of using manufacturing plants in European, Asian, and African countries, and high drug prices.
Tree — who said the policy change restored a price support for growers by reintroducing a «federal risk premium» — told Business Insider that while consumers in states were marijuana was legal were probably used to a high - quality and tested product, he suspected cracking down on legal marijuana production and sales would incentivize trafficking of lower - quality marijuana to states where the drug is still illegal.
The debate over high drug prices has been a red hot topic here and inspired a lot of anger and legislative threats, especially in the midst of the 2016 election cycle.
Democratic presidential contender Hillary Clinton, who has made high drug prices a recurring target in her campaign, vowed to prevent price hikes like Mylan's through an «aggressive new set of enforcement tools» last week.
When you have these kinds of price hikes, which in some cases I believe are just simply criminal and they are done because of greed, it's like putting a gun to somebody's head and saying you need to pay me this very high price for the drug or you die.
He jawboned Carrier into keeping jobs in the United States, threatened Boeing for the cost of Air Force One and Lockheed on its F - 35 aircraft, and pharmaceutical companies on their high drug prices.
The president followed up later in the day, tweeting that Merck «is a leader in higher & higher drug prices while at the same time taking jobs out of the U.S. Bring jobs back & LOWER PRICES!&prices while at the same time taking jobs out of the U.S. Bring jobs back & LOWER PRICES!&PRICES
Herper homes in on a relatively new class of super-powerful (and super expensive) cholesterol - busting drugs called PCSK9 inhibitors (which were just shown to reduce death from any cause, and particularly heart - related conditions), and how patients with staggeringly high cholesterol who would benefit from the treatments had to wrangle with insurance companies that refused to cover them over their high prices.
While some responders had particular axes to grind (it's true that U.S. drug prices are radically higher than elsewhere in the world, for instance, and maybe a gamma ray burst could destroy earth, but those aren't really things you can act on tomorrow), many more offered healthful reality checks that most of us could benefit from, including:
I hope so, particularly in light of pharmaceutical companies frequently pointing to the high costs of developing new drugs as being the primary reason prices are so high for existing drugs.
In fact, when pressed on the issue, Verheul speculated that perhaps costs would not increase since Canadians already pays higher prices for pharmaceutical drugs than consumers in European countries such as the UK, France or GermanIn fact, when pressed on the issue, Verheul speculated that perhaps costs would not increase since Canadians already pays higher prices for pharmaceutical drugs than consumers in European countries such as the UK, France or Germanin European countries such as the UK, France or Germany.
The price of insulin — a lifesaving drug — has reached record highs as Eli Lilly, Novo Nordisk and Sanofi raised prices more than 240 percent over the past decade to often over $ 300 a vial today, with price rises frequently in lockstep, according to information technology firm Connecture.
While high price tags are common for rare disease drugs, Emflaza is part of a class of drugs called corticosteroids that are used for DMD in other parts of the world.
The pharmaceutical industry is typically reluctant to talk about U.S. drug prices, generally the highest in the world due to a combination of market fragmentation and free market policies.
Trump lashed out quickly at Frazier on Twitter after the announcement, accusing the drugmaker of being «a leader in higher & higher drug prices while at the same time taking jobs out of the U.S.»
Wells Fargo Securities LLC's David Maris told clients in a note, «We believe that there is a high risk that healthcare and drug pricing will be a key part of the midterm elections as well as the next presidential election, and we expect that the current administration will try to blunt any criticism that it hasn't done enough with plans of its own before then.»
In a recent interview with The Hill, Ubl said that he understands why Trump is pointing to pharma companies regarding high drug prices.
But its business model, which has also relied on aggressive price hikes for acquired drugs, has come under growing scrutiny because of political backlash against high drug prices, dragging Valeant shares down from record highs scaled in August.
Last year, as pressure mounted on the pharmaceutical industry after a series of high profile cases involving skyrocketing prices, drug companies spent roughly $ 800,000 lining campaign coffers in Albany.
Meanwhile, Cuomo ended his three - day State of the State tour Wednesday with a speech in Albany that featured a renewed call for ethics reform and a proposal designed to cap the sky - high prices of prescription drugs in New York.
The public should demand that Big Pharma immediately disgorge some of their profits, stop charging Americans the highest prices in the world, and create a fund to pay for research on drugs that can curb the spread of infectious diseases.
In addition, researchers found low market competition levels had a more pronounced correlation with drug prices in lower - priced generic drugs compared with their higher - priced counterpartIn addition, researchers found low market competition levels had a more pronounced correlation with drug prices in lower - priced generic drugs compared with their higher - priced counterpartin lower - priced generic drugs compared with their higher - priced counterparts.
After controlling for other factors, a generic drug in the highest marketing competition group was expected to see a decrease of 32 percent in price over the study period, while a generic drug in the lowest market competition was expected to see a price increase of 47 percent over the same period.
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.
Facing bipartisan hostility over high drug prices in an election year, the pharma industry's biggest trade group boosted revenue by nearly a fourth last year and spread the millions collected among hundreds of lobbyists, politicians and patient groups, new filings show.
Higher health - sector prices (eg, hospital care and prescription drugs) are thought to be the main driver of expenditure differences between the USA and other high - spending countries, and the authors highlight the progress that the USA has made in reducing the disparity between its health care spending and other high - income countries.
However, because the gains which have been made in reducing health care spending are largely attributable to price dynamics (such as reduced or no growth in physician reimbursement rates, and high use of cheaper generic drugs), the authors warn that any future economic recovery might reverse the progress that has been made in recent years.
Although generic ARV prices have plummeted to as little as $ 100 per person for a year's treatment, the report also notes that when people develop drug - resistant viruses and need «second - line treatments,» it's much more expensive; in high - income countries, the cost can run up to $ 6000 per month.
Increasingly high prices for cancer drugs are affecting patient care in the U.S. and the American health care system overall, say the authors of a special article published online in the journal Mayo Clinic Proceedings.
Domestic U.S. prices for proprietary patented drugs are substantially higher than those in other developed nations.
This project to track industry donations to patient advocacy groups — resulting in a database of $ 116 million in payments to 594 groups in a single year — suggests how that massive flow of money is being used to mute objections to high drug prices.
It issued six recommendations to ensure alignment of drug prices with their value, promote use of high - value drugs, and support innovation in cancer drug development.
In a report to the White House released today, an independent advisory group called for «urgent action» to address rapidly rising prices for cancer drugs and the burden cancer patients and their families can face because of the high cost of cancer care.
As hearings began, Bryant's high - priced defense team wasted no time attacking the victim, building the case that her vaginal trauma was consistent with having had multiple sex partners in one day and dug into her anti-psychotic drug prescriptions and history of hospitalization.
The achievements of Sydney high school students who replicated the active ingredient in price - hike drug Daraprim is a tale of resilience and perseverance.
The round - up post shares a wealth of resources from the blog, and the associated podcast features Kevin Jennings, former assistant deputy secretary for the Office of Safe and Drug - Free Schools at the U.S. Department of Education; Penny Bisignano, Olweus coordinator for the Iowa Department of Education; and Rachel Cole Lawson, former high school counselor at Malcolm Price Laboratory School (the winner of the first - ever Vision in Action: The ASCD Whole Child Award) in Cedar Falls, Iowa
That led to higher prices, longer waits for new drugs, and a general disincentive to invest in new medications.
What one city did to fight high drug prices reveals a drug supply chain in which just about every link can benefit when prices go up
Ania and I went to buy bread and in one block's distance we saw about 15 tales of insanity, drug abuse and poverty: a homeless man with one leg shooting up on the pavement; an old women dragging 50 filthy plastic bags, vomiting into the sewer grate; five tranny hookers sitting in a hotel stairwell, wearing nothing but g - strings, making cat calls at the passing traffic; a crackhead walking in circles, talking out loud to no one in front of a fruit stand; little boys, none older than 11, all huffing shoe glue out of black plastic bags to get a 10 - minute high; and a group of plump ladies sorting through garbage in the street, looking for old produce that can be re-bagged and re-sold at discount prices.
Do pharmaceutical patents give life - sciences companies an incentive to invest in creating life - saving drugs, or do they just keep their prices high?
Given the high sticker price on specialty drugs, some people end up meeting their plan's out - of - pocket maximum very early in the year if they need expensive Tier 4 drugs.
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