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Blues health insurers fund U.S. non-profit"s generic drug expansion
A group of Blue Cross Blue Shield insurers is investing $55 million in a new venture with a non-profit generic drug manufacturer to try to offer cheaper prices on pharmacy drugs to their members, the companies said on Thursday......»»
UK Labour Party pledges to regulate pharmaceutical market
Britain's opposition Labour Party leader Jeremy Corbyn pledged on Tuesday to reform the pharmaceutical market to force drug companies to produce generic versions of new medicines and give the state a greater role in research and production......»»
Generic drug maker stocks rally after Mylan deal to merge with Pfizer"s Upjohn
Shares of companies in the generic drugs business rallied Monday, after Mylan N.V. announced the dea.....»»
Sneaky deals are keeping cheaper generic medicines off the market
It’s bad enough drug companies charge sky-high .....»»
Stocks of generic drug companies fall after more than 40 states file suit alleging price fixing
Forty-four state attorneys general announced they had filed suit against 20 generic drugmakers, including Teva and Mylan......»»
Lawsuits send generic drug company stocks tumbling
Shares of some of the world’s biggest makers of generic drugs dropped Monday on news of a lawsuit by more than 40 states accusing the companies of conspiring to fix the price of more than 100 products in the U.S......»»
States allege generic drug executives deleted texts, obstructed justice in price cartel probe
Connecticut has been leading an antitrust investigation into Teva and other companies......»»
Generic drugmakers conspired to inflate prices up to 1,000%, state prosecutors say
In court documents, the state prosecutors lay out a brazen price-fixing scheme involving more than a dozen generic drug companies and just as many executives responsible for sales, marketing and pricing......»»
U.S. states sue Teva, 19 other drug companies in price-fixing complaint
Forty-four U.S. states have filed a lawsuit accusing 20 drug companies including Teva Pharmaceuticals USA Inc of a sweeping scheme to inflate drug prices and stifle competition for more than 100 generic drugs, state prosecutors said on Saturday......»»
United Therapeutics sued by generic drug competitors
United Therapeutics Corp. has been sued for “unlawfully impeding competition†by Sandoz Inc. and RareGen LLC, the companies selling a generic form of a drug the Silver Spring biotech had under patent until last month. The lawsuit, filed April 16.....»»
FDA Calls Out Drug Makers That Improperly Block Generic Competition
The Food and Drug Administration took the aggressive step of publicly exposing drug companies it says may be gaming the system by improperly blocking competition from generics......»»
The FDA Is Naming and Shaming Companies Accused of Blocking Cheap Generic Drugs
Celgene and Novartis are among the companies accused of thwarting generic drugs. The Food and Drug Administration (FDA) i.....»»
FDA Lists Brand-Name Drugmakers That Obstruct Generic Development
The U.S. Food and Drug Administration on Thursday published a list of brand-name drug companies that the agency has received complaints against for obstructing development of generic versions of........»»
Generic drugs are competing against one another to get cheaper — but it’s having an unintended consequence on the health of Americans
Shutterstock A recent study found that generic drug companies with more competition had a higher number of recalls due to manufacturing problems. Higher competition was also found to be associated wi.....»»
Blood Pressure Medication That May Contain Cancer-Causing Impurity Is Recalled
Here's what you need to know. Several drug companies have recalled medications containing valsartan, an off-patent ingredient used in generic.....»»
What It Means for Gilead to Launch Its Own Generics for Hepatitis C Treatments
There is one fairly new effort for drug companies to mitigate the threat of generic drugs and for biotech companies to mitigate the threat of biosimilars. They can just launch their own. Several........»»
How NAFTA 2.0 will shake up business as usual
merican dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages......»»
How NAFTA 2.0 will shake up business as usual
merican dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages......»»
Drug Companies To Disclose Pricing Information In Ads
When anger over EpiPen pricing erupted in 2016, generic drugmaker Mylan NV (NASDAQ: MYL) was villainized. The price of the autoinjector used for severe allergic reactions was hiked by about 500 percent between 2007 and 2016. read more.....»»
See Anduril’s Biggest Products Explained
Introduction The defense technology company Anduril was founded in 2017 by Palmer Luckey (pictured) and has already made its presence felt in a landscape so long-dominated by just five companies. Taking its name from the sword wielde.....»»