And after announcing a «social contract» to
keep drug price hikes below 10 percent a year, his company raised a slew of prices by 9.5 percent.
Not exact matches
The loopholes
drug companies use to
keep prices high.
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.»
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.
In order for the
drug to be cost effective, drugmakers should slash the
price of the
drug by over two thirds — to $ 4,536, when patients would be spending about $ 100,000 to
keep themselves healthy, the researchers wrote in the JAMA article.
In fact, the
drug maker said that its average
prices increases have been
kept below 10 % each year since 2012, and that the average 2016 hike was 8.5 % (with a 3.5 % net after discounts and rebates).
Shkreli, who was arrested Thursday morning on securities fraud charges, has effectively waved a red flag for months in front of federal prosecutors,
keeping himself in the media glare with a hugely controversial
price hike of a
drug that benefits AIDS patients, pregnant women and cancer patients, attacking his critics, including presidential contender Hillary Clinton, and lighting up Twitter with outrageous statements.
Theoretically, the job of PBMs is to negotiate
drug prices with manufacturers and pass on the savings to health insurance companies and patients,
keeping a return for themselves.
But she doesn't expect Trump to propose any actions that would
keep the companies from setting higher
prices for
drugs.
For those who like Starbucks,
keep in mind they are selling an addictive
drug at an exorbitant
price.
I can only
keep this low
price of $ 5.95 for the first 1000 buyers of my «
Drug - Free Muscle Mass Program», once this deal is up I will be charging the full
price of $ 49.
JL: As I was trying to run through modern day boogie men, I
kept coming back to Martin Shkreli [the guy convicted of
drug price gauging].
Do pharmaceutical patents give life - sciences companies an incentive to invest in creating life - saving
drugs, or do they just
keep their
prices high?
Using a well - established background screening company with a reputation for award - winning screening products and affordable
prices, Daimler was struggling to
keep up with their large volume of background checks and
drug tests.