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UnitedHealth filed suit against 20 generic drugmakers in a Minnesota federal court for allegedly conspiring to fix the prices of more than 100 generic drugs. Read More
In other countries, drug prices can be 50 to 60 percent lower in some cases for “the exact same pill, from the exact same factory, from the exact same company,” despite the U.S. footing the research and development bills, Trump said. Read More
Generic drugmakers, antitrust economists and a public-interest law firm that defends free enterprise all supported Impax in amicus briefs filed in a federal appeals court, arguing that the Federal Trade Commission erred in its ruling that Impax’s 2010 settlement with Endo Pharmaceuticals was anticompetitive. Read More
Purdue Pharma and the Sackler family have until Nov. 6 to try to convince states to halt litigation against them for six months to allow the company’s bankruptcy to go ahead. Read More
The Congressional Budget Office (CBO) says the Lower Drug Costs Now Act of 2019 (H.R. 3) recently unveiled by House Speaker Nancy Pelosi could cut Medicare costs by $345 billion between 2023 and 2029. Read More
The approval makes Keytruda the first anti-PD-1 therapy approved in China as both a monotherapy and in combination with chemotherapy for the first-line treatment of patients with NSCLC. Read More