Tag Archives: Prices

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 »

Drug Prices Will Soon Appear in Many TV Ads

WASHINGTON — The Trump administration for the first time will require pharmaceutical companies to include the price of prescription drugs in television advertisements if the cost exceeds $ 35 per month. The move, announced on Wednesday by Alex M. Azar II, the health and human services secretary, is the most visible action the administration has… Read More »

White House Plan to Disclose Drug Prices May Not Drive Down Costs: Study

Print this page FRIDAY, Jan. 25, 2019 — By itself, a Trump administration plan to make drug companies disclose the cost of their medicines in TV ads is unlikely to help tame drug prices, a new study shows. Researchers did find that revealing the cost of expensive drugs in ads would significantly lower patient demand… Read More »