Bill Miranda | A Prescription for Fair Drug Prices

Bill Miranda | A Prescription for Fair Drug Prices

There are a handful of issues my constituents raise with me time and time again. Local schools, public safety, zoning laws, etc. Lately, I’m hearing from increasing numbers of hard-working Santa Clarita residents about the high price of prescription drugs. They want to know when something will change so they no longer have to […]

Generic Drugmakers Struggle Despite US Push for Copycats

Generic Drugmakers Struggle Despite US Push for Copycats

Generic drugmakers are being crushed by the very forces that the Trump administration is counting on to drive down prescription costs. While policy makers are betting that opening the market to a deluge of new medicines and reforming the drug supply chain will help contain rising prices, many widely used copycat medications are already seeing […]

FDA broke monthly generic drug approval record in July

FDA broke monthly generic drug approval record in July

The Food and Drug Administration approved or tentatively approved a record 126 generic drugs in July, the agency reported Thursday, an indication that Republicans are getting the faster approvals they have sought. The agency approved 96 generic drugs and gave a tentative approval to 30 more in July, according to monthly data. Greater generic competition […]

Prescription coupons, rebates may drive up prices in long run

Prescription coupons, rebates may drive up prices in long run

Aug. 9 (UPI) — Manufacturer coupons and rebates may seem to save consumers money on brand-name prescription drugs — but they may not in the long run because of how the savings are applied to deductibles and contribute to rising premiums. Drug company offers may lower the out-of-pocket cost at the pharmacy, but insurance companies […]

Humana sues drug companies for alleged price fixing

Humana sues drug companies for alleged price fixing

Not only does Humana seek to recover damages, it’s looking for a jury trial and triple damages under the Clayton Antitrust Act. (Photo: Shutterstock) Health insurer Humana has brought suit in Pennsylvania against dozens of drug companies, alleging that they conspired to fix prices for generic drugs such as antidepressants, muscle relaxers and skin treatment. […]

Drugmaker's lawsuit could stall Nebraska execution; hearing set for Friday

Drugmaker's lawsuit could stall Nebraska execution; hearing set for Friday

An Illinois-based pharmaceutical company has filed a lawsuit to prevent Nebraska from using lethal injection drugs next week in what would be the state’s first execution since 1997. The federal lawsuit filed late Tuesday by Fresenius Kabi, a manufacturer and supplier of intravenous generic drugs, said two of the drugs in Nebraska’s execution protocol, cisatracurium […]

Teva: Generic drug giant stumbles into NJ with $40M tax break from you

Teva: Generic drug giant stumbles into NJ with $40M tax break from you

The site where generic drug company Teva Pharmaceuticals is coming, located at 400 Interpace Parkway in Parsippany. The company is expanding its office there to serve as its USA headquarters.(Photo: Mitsu Yasukawa/Northjersey.com) It lines your medicine chest with inexpensive versions of Lipitor for cholesterol, Valium for nerves, Adderall for attention deficit to name a few, and […]