How Big Pharma Exploits the Cancer Drug Market

With another day, another headline arrives revealing the arrogant, out-of-touch nature of the pharmaceutical industry. Fortunately, this time, the outrage arrives from overseas. Specifically, ...

The Billionaire And The Drug Price

In September 2015, Satish Mehta, the billionaire chief executive of the Indian drug company Emcure Pharmaceuticals, wrote an effusive email congratulating Jeffrey Glazer, the CEO of ...

The Crazy Math Behind Drug Prices

David Hernandez, a 44-year-old restaurant worker and Type 1 diabetic, didn’t have insurance from 2011 through 2014 and often couldn’t afford insulin—a workhorse drug whose list price ...

Prioritizing generics — 4 strategies for lower drug costs from Dr. Scott Gottlieb

Food and Drug Administration Commissioner Scott Gottlieb, MD, outlined his strategy to lower drug prices during a Monday interview with Bloomberg. Here are four ways Dr. Gottlieb seeks ...

FDA looks at using clout to cut drug costs

The head of the U.S. Food and Drug Administration is considering using the agency’s powers to bring more price competition to the market for generic drugs, targeting high-priced ...

Make the most of Medicare’s drug coverage

Medicare offers prescription drug coverage to everyone with Medicare. It’s a good deal. Medicare subsidizes the outpatient drug benefit, generally paying about 75 percent of the program’s ...

How to Lower Your Medicare Drug Costs

Driving near Monterey, Calif., recently, I stopped at a roadside stand to buy some freshly-picked strawberries. May is high season for California strawberries, and the fields were exploding ...

5 Most Expensive Medicare Drugs

Medicare spends billions of dollars each year on prescription drugs. That’s not surprising. What might be surprising, though, is how much the federal healthcare program spends ...

Why Insulin Is So Expensive, And How To Reduce Its Price

She drew the life-saving medication into the syringe, just 10cc of colorless fluid for the everyday low price of, gulp, several hundred dollars. Was that a new chemotherapy, specially ...

Speed And Safety At The FDA: Generic Drug Approvals Reach Record Highs

New legislation increases the speed of the FDA approval process for generics by introducing fees for applying manufacturers. This is not a new approach – manufacturers have been paying ...
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