While a public desperate for protection against COVID-19 is quick to shame “vaccine hunters,” the real culprits are the companies refusing to share their publicly funded intellectual property and the governments allowing them to get ...
“The tax code is so rigged for the rich that even when they kill people they get a tax break.” (By: Kenny Stancil, Common Dreams) Four pharmaceutical corporations that agreed to pay a combined $26 billion ...
Unable to secure a profit in immunizing poorer nations, Western multinationals, including Oxford’s private partner AstraZeneca, have prioritized those who can pay the most. (By: Alan Macleod, Mintpress News) Europe is reeling from the shock ...
“It ought to be the people’s vaccine, not a new taxpayer burden.” (By: Jake Johnson, Common Dreams) Consumer advocates warned Wednesday that pharmaceutical giant Moderna is “taking taxpayers for a ride” after the company announced ...
Three weeks away from the Democratic National Convention (DNC) a group of delegates are poised to withhold support for Biden as the presidential nominee unless the party changes the platform to include Medicare for All ...
Solution: slash the prices and kill the ads. (Common Dreams) Prescription drugs have long provided two bad examples of American exceptionalism. They cost three-to-four times more than anywhere else, and we’re one of only two countries in the ...
Americans may soon be able to import prescription drugs from Canada, courtesy of an executive order signed by President Donald Trump on Friday. Restructuring America’s Pharmaceutical Industry Americans may soon be able to import prescription ...
After his disastrous handling of the COVID-19 epidemic, Trump is trying to improve his waning electoral chances by reserving all of Gilead’s stock of remdesivir. The U.S. has bought up almost all of the stock ...
To make matter worse, Remdesivir is a drug that “has had its development costs paid for, in large part, by independent donors like governments and ministries of health in China, the WHO, and the US government.” ...
Lack of healthcare is a death sentence. (Common Dreams) In the first 10 Democratic debates, moderators asked candidates 21 questions about how they planned to pay for social programs like Medicare for All. Yet when it ...
A new contact tracing program was recently unveiled in Massachusetts in partnership with Partners in Health, an NGO with links to US regime change operations, big pharma and the Clinton Foundation. (By: Raul Diego, Mintpress ...
History is made, not decreed, which is why on May 11th, activists from dozens of different countries launched Progressive International, a global initiative with a mission to unite, organize and mobilize progressive forces. (Common Dreams) ...
“There’s no doubt that the prospect of an enormous public backlash is what made the difference.” (By: Julia Conley, Common Dreams) Government watchdog Public Citizen celebrated Wednesday afternoon as pharmaceutical giant Gilead Sciences backed off ...
“McConnell’s opposition to the bill comes after he had an exceptional quarter of fundraising from executives and PACs of pharmaceutical companies that could be forced to reduce the prices of their drugs under Medicare if ...
The FDA is attempting to tackle the high costs of prescription drugs with two new proposals, but the start of 2020 suggests the FDA’s efforts may backfire. Although a new year is usually cause for ...
“The industry executive said the quiet part out loud,” said one outside expert in response. “Price-gouging is central to the industry business model.” (By: Andrea Germanos, Common Dreams) Corporations’ quest for profits is what “is ...
Americans experience worse health outcomes than people in wealthy countries that have adopted single-payer style health care systems. (By Andrew Perez, MapLight) As health insurance, pharmaceutical and hospital companies fight to prevent more politicians from backing Medicare ...
“The average price of vincristine in the developing world, where it is on the World Health Organization’s list of essential medicines, is $1.80 a dose, compared to $42.60 per dose in the U.S.” Vincristine, a ...
Two bills attempting to lower prescription drug costs are making progress in Congress and show promising signs of bipartisan support. Americans pay exponentially more for prescription drugs than citizens of other developed countries, and spending ...
It’s getting hot in Cleveland as drug retailers attempt to disqualify a judge presiding over a major opioid trial set to begin in a matter of days. Eight drug retailers, including CVS, Walgreens, Walmart and ...
Purdue Pharma, the maker of OxyContin, and fellow pharmaceutical companies are all looking to make billion-dollar settlement deals over their role in the opioid epidemic. Reuters was able to independently verify an NBC report regarding Purdue Pharma ...
Was Pfizer’s decision not to pursue Enbrel as an Alzheimer’s drug purely based on science, or was it based on the almighty dollar? Pfizer is highly regarded for many blockbuster drugs. In particular, the company’s ...
“We have emails, text messages, telephone records, and former company insiders that we believe will prove a multi-year conspiracy to fix prices and divide market share for huge numbers of generic drugs.” Sen. Bernie Sanders and ...
The closed-door negotiations “reveal a familiar dynamic in Washington, where political parties don’t debate each other on policy as much as they mediate fights between corporate interests.” Progressive activists and lawmakers criticized House Democratic leadership ...
“We the public, we the people, developed this drug, we paid for this drug. There’s no reason this should be $2,000 a month. People are dying because of it.” (Common Dreams) During a House hearing ...
“This lawsuit contains detailed allegations about the Sackler family and their attempt to hide the vast fortunes they collected at the expense of actual lives.” In the late 1990s and early 2000s, doctors began to ...
The Affordable Care Act is back on the chopping block with both Republicans and Democrats equally determined to repeal or save the act, respectively. Buoyed by the momentum of the Mueller probe’s conclusion, the Trump ...
The consequences of pricey pharmaceuticals are significant in terms of costs and diminished health. Close to 20 percent of adults report skipping medications because they are concerned about costs. (By Simon F. Haeder, West Virginia ...
Can one family singlehandedly create a national opioid epidemic? Purdue Pharma and the Sackler family came close. If you’re a keen observer at the Guggenheim Museum or the American Museum of Natural History, the Metropolitan ...
Big pharma executive John Kapoor is on trial for his role in creating the opioid epidemic and if convicted faces up to 25 years in prison. For the first time, big pharma is being challenged ...
“This is most likely the largest cartel in the history of the United States.” The Connecticut Attorney General’s office is heading an explosive investigation into coordinated drug price-fixing among at least 16 generic drug manufacturers ...
Merck is ending an agreement to supply a life-saving virus to low-income countries at reduced costs due to supply issues, but will begin selling the vaccine to China. Pharmaceutical company Merck & Co., Inc. has ...
Nirmal Mulye, founder and president of Nostrum Pharmaceuticals, is quoted in a Financial Times article on Tuesday saying that he has a moral requirement to sell the product at the highest price. Mulye told Financial ...
“The system is rigged.” This phrase applies to many situations, but perhaps it’s at its worse when it is applied to the unfair world of prescription drug prices, where many patients are simply being priced ...
German pharmaceutical company Bayer has taken a stock market dive owed to its newest acquisition Monsanto, and recent media surrounding the carcinogenic impacts of their products. After a San Francisco court sided with a groundskeeper ...
(Stop The Drug War) Much attention this year has been focused on marijuana legalization efforts in state legislatures, particularly in the northeast and mid-Atlantic states, but unless Albany and Annapolis and Trenton get their acts ...
A collaborative investigation between the Center for Public Integrity (CPI) and NPR unveiled the extraordinary and potentially illegal lengths that pharmaceutical companies employed to boost their Medicaid sales. While Medicaid is required to cover almost all drugs, ...
These days, with the Supreme Court in the news so much, you may feel that you’ve heard it all about the American court system. However, there is a special court, called the vaccine court, which ...
Epidiolex, a new drug to treat seizures is the first-ever FDA approved cannabis-based drug. Imagine being a parent with a child who has hundreds of uncontrollable seizures each week. This is the heartbreaking fate of ...
“You are one of five visionary tech entrepreneurs who are changing the world.” This was the New York Times description of Theranos CEO Elizabeth Holmes, who was charged with massive fraud by the Securities and ...
Suboxone is a drug treatment for addiction to opioids. A visit to the suboxone.com website shows pictures of caring doctors and the “we’re here to help” mantra. It’s all well and good, but the big ...
Hedge Clippers, an organization dedicated to exposing the political and economic havoc wreaked by hedge funds and billionaires on the American people, has released a new report titled Hedge Papers No. 57: Stopping the Opioid ...
Both the CEO and President of Theranos, a once promising tech and medical startup that raised billions in venture capital, are now facing fraud charges. “You are one of five visionary tech entrepreneurs who are ...
Opioids are in the headlines again as drug company, Insys Therapeutics, faces another accusation of fraudulent marketing and bribing doctors. New York has become the latest state to take legal action against Insys Therapeutics. Eric ...
“This is a Shkreliesque move, and is near to first degree murder as one can get without risking jail,” said one critic, referencing the Big Pharma CEO that infamously raised the price of an AIDS ...