Sentences with phrase «of high drug prices»

For instance, legislators like Sens. Elizabeth Warren of Massachusetts, Bernie Sanders of Vermont, and Jeff Merkley of Oregon recently warned that Cures amounts to a big pharma giveaway which will weaken regulatory standards on drugs, provide a mere pittance to the National Institutes of Health (NIH) and the Food and Drug Administration (FDA), and do nothing to confront the rising tide of high drug prices.

Not exact matches

That trajectory that will surprise no one who follows the news, or the bipartisan campaign - season bashing of the nation's sky - high prescription drug prices.
House Democrats push for explanation of high MS drug prices.
A 2012 report by the Kaiser Family Foundation calls the PBM assertions of Medicare savings «overstated» and says the reduced cost probably stemmed from incorrectly high predictions of prices and from brand drugs going generic.
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.
Gottlieb suggested that this opaque structure ultimately leads to higher costs by thwarting competition, and argued for broader adoption of «biosimilar» drugs to bring down drug prices.
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.
President Donald Trump sat down with a host of major pharma company CEOs Tuesday morning to address pressing issues like high drug prices, the future of the FDA, and where treatments are produced.
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.
Admitting that «drug prices are too high,» Wichmann pointed to UnitedHealth's efforts to make pharmaceuticals more affordable for everyday consumers through point - of - service discounts.
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.
More health plans and employers are signing up with pharmacy benefit managers like CVS Health (cvs) and Express Scripts (esrx), which control the list of drugs those insurance plans will cover, increasingly restricting patients from taking unreasonably high - priced drugs.
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.
Competitive bidding could very well be an effective way of fighting sky - high drug prices that are taking a toll on patients and their families.
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 hold physicians to a higher standard,» Bourdette said, noting that some alternatives to Acthar cost 1 / 50th of the drug's price.
The April 26 memo comes just one day before three of Valeant's top executives are slated to appear before a different U.S. Senate panel that is also investigating high drug prices.
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.
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.
Valeant became the face of high American drug prices when it acquired Isuprel and Nitropress last year and immediately raised their prices by 525 percent and 212 percent.
Months after Valeant Pharmaceuticals International Inc. said it would make discounts available to U.S. hospitals for two high - priced heart drugs, some medical centers say they have yet to see a cent of savings.
Why should we expect Mylan or any other pharmaceutical company to refrain from yanking up the price of lifesaving drugs as high as the market will bear?
To this end, we have patent laws that make developers of new drugs the only legal sellers, and hence make it possible for them to charge high prices.
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.
That's because plans increasingly carry high deductibles, which require patients to pay for their drug costs themselves until they hit a certain limit, as well as to pay a percentage of the list price even after their deductible is met.
Mr. Fein said that because the fastest - growing part of the pharmacy industry was high - priced specialty drugs for people who have considerable medical needs, «it makes sense to manage those within one coordinated organization.»
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.
Although some price increases have been caused by shortages, others have resulted from a business strategy of buying old neglected drugs and turning them into high - priced «specialty drugs
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.»
While most of the attention on pharmaceutical prices has been on new drugs for diseases like cancer, hepatitis C and high cholesterol, there is also growing concern about huge price increases on older drugs, some of them generic, that have long been mainstays of treatment.
The stock prices of most drug related companies have been suppressed a bit recently as a result of politicians voicing their opinions about high drug prices.
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.»
Celgene's lead product, Revlimid, a drug designed to treat multiple myeloma and a few other cancer types, has been benefiting from longer duration of use, strong pricing power, and high multiple myeloma market share.
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.
Price segregation allows vital drugs to be provided at cost (or closer to it) for low - income nations, while American customers pay high enough prices to fund research and development of new medications.
Of course the price of drugs go sky higOf course the price of drugs go sky higof drugs go sky high.
The other driver of high US drug prices is a lack of bargaining power.
Sanders is one of the most outspoken members of the Democratic caucus against high drug prices and the pharmaceutical industry.
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.
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.
Recent studies by Sood and colleagues at USC Schaeffer Center, the USC Price School of Public Policy and the USC School of Pharmacy have found that most consumers on high - deductible plans are not comparing prices to find the best deals on services or on prescription drugs, even though the research indicates that some patients could potentially save hundreds or thousands of dollars per year.
Michael Price, 13 April Drug development companies are now hiring more computational biologists, creating an abundance of high - paying jobs.
The benefits of catching psychosis early were deemed to come at too high a price — over-reliance on antipsychotic drugs which have unpleasant side effects
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.
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