Tag Archives: drug

Nancy Pelosi’s latest Medicare proposal would pass drug discounts to all consumers

House Speaker Nancy Pelosi (D-CA) speaking at her weekly press conference at the US Capitol in Washington, DC. Michael Brochstein | SOPA Images | LightRocket | Getty Images House Speaker Nancy Pelosi‘s latest draft of legislation allowing Medicare to negotiate lower drug prices would also apply those discounts to private health plans across the U.S.,… Read More »

New cancer drug sees disease ‘put to sleep’ instead of chemo and radiotherapy

A pioneering cancer treatment that could stop the disease killing people will be developed at a new £75million British research centre. Instead of blitzing cancerous cells, the new drugs will put tumours to sleep – meaning patients will be able to live with the disease in a similar way to HIV. It is a radical… Read More »

Teva drops 16% after states accuse drugmaker of conspiring to hike generic drug prices

U.S. traded shares of Teva Pharmaceutical plunged more than 16% on Monday after 44 states sued the company, alleging it orchestrated a sweeping scheme with 19 other drugmakers to inflate prices. Shares of drugmakers Mylan, which was also named in the lawsuit, were trading 10% lower in afternoon trading. The states, led Connecticut Attorney General… Read More »