Nonprofit Plans to Make Affordable Generic Insulin

Nonprofit Plans to Make Affordable Generic Insulin

March 4, 2022 — Everyone knows that insulin prices in the United States are ridiculously high and unaffordable to many people with diabetes, but nobody has done anything about it — until now. Civica Inc., a nonprofit organization governed by health systems and philanthropies, announced Thursday that it plans to manufacture and sell generic insulin … Read more

Medicare Seeks to Cut Drug Costs for People in Part D Plans

Medicare Seeks to Cut Drug Costs for People in Part D Plans

Jan. 7, 2022 — The Biden administration said this week it intends to challenge insurance companies to deliver better service to people enrolled in Medicare, including applying discounts on drugs covered by Part D more directly to their pharmacy costs. The Centers for Medicare and Medicaid Services (CMS) on Thursday unveiled a 360-page proposed rule … Read more

FDA Generic Drug Program Shows Progress Toward Lowering Costs

FDA Generic Drug Program Shows Progress Toward Lowering Costs

Nov. 18, 2021 — At least one generic drug approval – and ideally more than one – is needed to spur competition and reduce the overall cost to consumers taking a particular medication. This is particularly true when a drug is difficult to make or has the potential to only treat a small number of … Read more

World Rallies for Little Girl to Purchase $2.1 Million Drug

World Rallies for Little Girl to Purchase .1 Million Drug

July 9, 2021 — Athletes, influencers, musicians, and people around the globe are teaming up in a final push to raise money that could potentially save the life of a 17-month-old girl in Denmark. At 10 months old, Ayah Lundt was diagnosed with type 2 spinal muscular atrophy (SMA), a rare genetic disease that … Read more

U.S. Drug Prices Much Higher Than in Other Nations

U.S. Drug Prices Much Higher Than in Other Nations

Jan. 29, 2021 — Prescription drug prices in the U.S. are more than 250% times higher overall than those in 32 other countries, according to a new report from the RAND Corporation. The gap between prices was even higher for brand-name drugs, with U.S. prices 3.44 times more than those in the other countries. … Read more

Trump order may see innovative drug prices getting halved, impact generic cos: Nirmal Bang Securities

Trump order may see innovative drug prices getting halved, impact generic cos: Nirmal Bang Securities

Safety and pricing biggest US concern on Trump pharma order, says Vishal Manchanda, Equity Research Analyst — Pharma. The Trump administration has unveiled executive orders to curb drug prices. We understand four of them have been signed. This will mostly be on capping drug prices. This is not the first time that we have come … Read more