Tag: Pharmaceutical Industry

The pace of dealmaking among pharmaceutical businesses is expected to pick up in the next six to 12 months, in part because of the Tax Cuts and Jobs Act passed in December.

Big Pharma goes shopping as tax bill returns almost $200 billion cash to US

James Langford · January 9, 2018 10:44 pm

"Every incentive in this system is towards higher prices," Alex Azar said. "No one company is going to fix that system. That is why I want to be here working with you." (AP Photo/Carolyn Kaster)

Trump’s HHS pick: I don’t know if any brand-name drug price has ever been lowered

Robert King · January 9, 2018 4:39 pm

So far legislation to tackle high drug prices has not been high on the GOP's legislative agenda for 2018, as other issues such as immigration, infrastructure and welfare reform crowd out time in an election year.

Maryland to fight pharmacist ‘gag rule’ on drug costs

Robert King · January 9, 2018 5:01 am

The legislation would allow terminally ill patients to access experimental drugs. (iStock photo)

Koch-backed group urges passage of ‘Right to Try’ bill allowing experimental drugs for terminal patients

Kimberly Leonard · January 8, 2018 2:31 pm

Many of the recommendations offered by the National Academies of Sciences, Engineering, and Medicine aim at increasing competition by regulating pharmaceutical companies even more in order to decrease drug prices. But a more effective way to lower drug prices is to change the system so it actually reflects free market principles. (AP Photo/Jim Mone)

Beltway Confidential

Tom Coburn: Making medicine affordable is simple

Tom Coburn · January 4, 2018 10:48 pm

In this article, Rep. Andy Biggs, R-Ariz., lists some of his legislative initiatives in Congress during 2017. (AP Photo/Ross D. Franklin)

Rep. Andy Biggs: I kept my campaign promises by introducing or sponsoring these bills

Rep. Andy Biggs · December 29, 2017 8:42 pm

In this 2006 photo, Wal-Mart pharmacy technician Mark Pool fills a generic anti-inflammatory prescription at a Little Rock, Ark., Wal-Mart Super Center store. While the Constitution allows for patents, patents are temporary monopolies, meaning that drug companies want to extend their effective life as much as possible - much to the detriment of generics. (AP Photo/Mike Wintroath)

Congress can liberate drugs that come off their patents

Peter Ferrara · December 26, 2017 5:01 am

Opioids made up the largest proportion of drug-related deaths. Roughly half of opioid-related deaths were caused by fentanyl, a highly potent opioid that has been described as 50 times stronger than heroin. (AP Photo/Jacquelyn Martin)

Opioid deaths rose for men and women of all ages in 2016

Kimberly Leonard · December 21, 2017 1:52 pm

Sens. Susan Collins, R-Maine, and Bill Nelson, D-Fla., have sponsored legislation to give states $10 billion in 2019 and 2020 to set up a reinsurance program. Reinsurance pays an insurer for the highest medical claims, which in turn would reduce premiums for everyone else. (AP Photo/Evan Vucci)

Bill would reverse premium increases from repealing Obamacare mandate, report finds

Robert King · December 19, 2017 11:53 pm

A new report released Tuesday found there were roughly 225,000,000 prescriptions of opioids that include hydrocodone and oxycodone dispensed in 2016, compared to roughly 275,000,000 in 2012. (AP Photo/Patrick Sison)

Number of opioid prescriptions down 16 percent over the last four years

Robert King · December 19, 2017 3:17 pm

The IRS cannot predict what loopholes and workarounds corporations and individuals might find under the revised tax code Republicans are expected to pass Tuesday. (Andrew Harrer/Bloomberg)

IRS to get massive new workload when GOP tax bill becomes law

Joseph Lawler · December 19, 2017 11:00 am

"An obstacle is what is called the patent thicket strategy that too many drug companies pursue," said Sen. Susan Collins, R-Maine (pictured right). (AP Photo/Carolyn Kaster)

Lawmakers zero in on next target in fight against high drug prices

Robert King · December 17, 2017 5:01 am