Bernie Sanders invites CEOs of J&J, Merck, Bristol Myers to testify on drug pricing

Senate Health Committee Chair Bernie Sanders (I-VT) and fellow Democrats on Tuesday announced that the CEOs of Johnson & Johnson, Merck and Bristol Myers Squibb have been asked to testify about why the US pays the highest prices in the world for prescription drugs. The senators will hold the hearing

Endpoints News
US FTC challenges more than 100 patents as ‘improperly listed’ with FDA

The agency has sent letters to ten companies including AbbVie, AstraZeneca and GSK

PMLive

Only 10% of #pharma leaders say they're ready for the future, citing the uncertainty from the US inflation reduction act and generative AI

https://endpts.com/pharma-companies-arent-future-ready-as-pressure-mounts-from-ai-advances-and-ira-legislation-survey-finds

#PharmaCompanies #PharmaceuticalIndustry #AI #generativeai

Pharma companies aren't ‘future ready’ as pressure mounts from AI advances and IRA legislation, ...

Pharma is not ready for the future. Only 10% say they’re “future ready,” according to a recent survey of pharmaceutical leaders by Indegene. That’s a big decline from just two years ago when close to 60% told the commercial consulting group they felt well prepared for the future. What’s causing

Endpoints News
Eisai launches digital dementia specialist company

pharmaphorum
Change of guard at drug price watchdog: ICER founder Steve Pearson to step down after 17 years

After growing the Institute for Clinical and Economic Review (ICER) into an influential drug pricing watchdog, Steve Pearson, M.D., is stepping down. | After growing the Institute for Clinical and Economic Review into an influential drug pricing watchdog, Steve Pearson is stepping down.

Fierce Pharma

Go CA! “California said that the companies' dominance in the market, with drugmakers supplying > 90% of insulin worldwide & the pharmacy benefit managers managing ~80% of prescription claims in the US, has allowed them to hike insulin prices at patient’s expense.”

Patients need to be able to afford life-saving medications, period.
-#pharmacompanies #pharmaripoff #medicine
https://bit.ly/3H1Gy1N