Drug Prices Drive Many Americans to Black Market for Medicines

Drug Prices Drive Many Americans to Black Market for Medicines

During graduate school, Lacy Mason got insulin from elderly friends who had extra. When a friend’s mother died and left behind a stockpile, she took that, too. Her mother-in-law, a nurse, salvaged samples and half-used vials from her hospital. Mason used expired doses and stretched them longer than intended. Sometimes, she bought insulin from strangers […]

FDA Lists Brand-Name Drugmakers That Obstruct Generic Development

FDA Lists Brand-Name Drugmakers That Obstruct Generic Development

By Paul Ausick May 18, 2018 9:45 am EDT All three drugmakers included in the Dow Jones industrial index were on a list of drug companies published Thursday by the U.S. Food and Drug Administration (FDA) alleged to have withheld samples of brand-name drugs from companies wanting to develop generic versions of the drugs. Merck & […]

Significant Digits For Friday, May 18, 2018

Significant Digits For Friday, May 18, 2018

You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. Important personal news first: I’m leaving FiveThirtyEight soon to start a forthcoming daily newsletter, Numlock News. SigDig will absolutely continue with a new writer, but if you’ve been a fan of my run please subscribe! 11 mega-rains Minnesota, and much of […]

Global Generic Drug Litigation Updates 2018: Opportunities for Generic Companies Based on the Latest Para IV …

Global Generic Drug Litigation Updates 2018: Opportunities for Generic Companies Based on the Latest Para IV …

DUBLIN–(BUSINESS WIRE)–The “Global Generic Drug Litigation Updates 2018: Opportunities for Generic Companies Based on the Latest Para IV Events” report has been added to ResearchAndMarkets.com’s offering. The report highlights all important opportunities for generic companies based on the latest Para IV litigation updates. The analyses provides an insight into each product opportunity for generic companies […]

Vermont Legislators Pass A Drug Importation Law. So What?

Vermont Legislators Pass A Drug Importation Law. So What?

by Shefali Luthra, Kaiser Health News by Shefali Luthra, Kaiser Health News May 18 at 5:15 AM This week, Vermont passed a first-in-the-nation law that would facilitate the state’s importation of prescription drugs wholesale from Canada. It represents the state’s effort to tackle head-on the issue of constantly climbing drug prices. Other states, including Louisiana […]

FDA looking at ways to include price info in drug ads, Gottlieb says, as questions loom

FDA looking at ways to include price info in drug ads, Gottlieb says, as questions loom

W HITE OAK, Md. — The commissioner of the Food and Drug Administration, Scott Gottlieb, said a proposal to have pharmaceutical companies include drug prices in advertisements has prompted a series of questions, including exactly how consumers would benefit and whether the government can legally require the disclosures. In an interview with STAT, Gottlieb said […]

UPDATE 4-US FDA approves Amgen drug for prevention of migraines

UPDATE 4-US FDA approves Amgen drug for prevention of migraines

(Reuters) – Amgen Inc won U.S. Food and Drug Administration approval on Thursday for the first drug in a new class designed to prevent migraine headaches in adults. The drug, Aimovig, which is given monthly by self-injection, will have a list price of $6,900 a year, or $575 a month, the company said. The price […]

US FDA approves Amgen drug for prevention of migraines

US FDA approves Amgen drug for prevention of migraines

(Reuters) – Amgen Inc won U.S. Food and Drug Administration approval on Thursday for the first drug in a new class designed to prevent migraine headaches in adults. The drug, Aimovig, which is given monthly by self-injection, will have a list price of $6,900 a year, or $575 a month, the company said. The price […]

Nonprofit drug companies may cut rising generic prices, hospitals say

Nonprofit drug companies may cut rising generic prices, hospitals say

THURSDAY, May 17, 2018 — Generic prescription drugs should be cheap, but prices for some have soared in the United States in recent years. Now a group of U.S. hospitals thinks it has a solution: a nonprofit drug maker. Earlier this year, the consortium of several large hospital systems announced it would form a nonprofit […]