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News and Reports
FiercePharma: Novartis CEO opens door to cancer patient demanding 'fair' CAR-T pricing
August 21 Arlene Weintraub David Mitchell had just finished a five-hour infusion of drugs to keep his multiple myeloma under control when he decided to dash off a letter to Joe Jimenez, CEO of Novartis, requesting a meeting about how the company plans to price tisagenlecleucel (CTL019), its CAR-T leukemia treatment expected to win approval […]
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USA Today: FDA Chief Says Drug Makers are Gaming the System to Slow Generic Competition; Vows Action
August 15 Jayne O’Donnell A day after President Trump lashed out at the black CEO of drug maker Merck on Twitter, his new Food and Drug Administration commissioner said brand name drug companies are “gaming the system” to block generic competition and vowed to do something about it. Physician and FDA chief Scott Gottlieb declined […]
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Kaiser Health News: Middlemen Who Save $$ on Medicines - But Maybe Not For You
August 2 Francis Ying, Julie Appleby and Stephanie Stapleton For the past seven months, the GOP push to replace the Affordable Care Act has consumed Washington. All the while, many consumers continue to be focused on the rising costs of prescription drugs. Pharmacy benefit managers — companies that are often unnoticed and even less understood […]
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The Buffalo News: Tired of the Cost of Prescription Drugs? Share Your Story
July 21 Scott Scanlon Juliana Keeping, of Oklahoma City, had to pay $1,000 out of pocket – five times – for a drug that prevented her 4-year-old son from catching a severe cold that could have had a catastrophic effect on his cystic fibrosis. Her insurer denied payment for the treatment, citing a 1960s study […]
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NBC News: Prescription Price Crisis? 28 Million Americans See Spike in Drug Prices
June 11 Ali Velshi, Allison Girvin, Ben Popken and Michael Cappetta At least 28 million Americans have experienced a spike in the cost of their prescription medications in the past 12 months. And for 4 million of them, the price was so high they walked away without their prescription altogether, according to a new Consumer […]
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The New York Times: Considering the Side Effects of Drugmakers' Money-Back Gurantees
July 10 Katie Thomas and Charles Ornstein More than a decade ago, Italy tried a novel approach to help bring down drug costs: asking pharmaceutical companies to return money to the national health system if some of their medicines failed to work as expected. The effort largely flopped. The Trump administration is now considering whether […]
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The Washington Post: Martin Shkreli’s trial shows just how angry people are about drug prices
June 29 Carolyn Y. Johnson Martin Shkreli isn’t actually on trial for buying an obscure antiparasitic drug used by AIDS patients and jacking up the price astronomically, but he might as well be. Three days into Shkreli’s trial for alleged securities fraud — for an issue unrelated to his notorious pharmaceutical price-hike –potential jurors kept […]
News and Reports
AARP: Why Our Drugs Cost So Much
May 2017 AARP Bulletin PRESCRIPTION DRUG PRICES in America are among the highest in the world. On the campaign trail, President Trump said drug companies were “getting away with murder.” Is that true? Or are these firms the beneficiaries of a system that turns a blind eye to excessive profit-making at the expense of society? […]