Truthout
Pharmaceutical Industry
I Am One of 20 Million in US With Long COVID. RFK Pulled the Rug From Under Us.
RFK Jr. has shut down the Office of Long COVID Research and Practice, gutted funding, and derailed trials and studies.
A Drugmaker Failed to Fix Safety Violations. The FDA Repeatedly Let It Slide.
"If your market [share] is big enough, then you get leeway,” one former inspector said.
Commercialization Is Making Access to the New COVID Vaccine More Difficult
As health care inequities deepen, pharmaceutical giants and insurers are maximizing profits.
All Manufacturers of 10 Drugs Set for Medicare Negotiation Agree to Participate
The negotiation process won't begin until early 2024, and new prices won't be implemented until two years later.
Big Pharma Raked in $82B Last Year While Lobbying Against Drug Price Proposals
The companies also upped their stock buyback and dividend payouts by nearly $7 billion last year.
Advocates Urge Schumer to “Put an End to Insulin Profiteering” in Health Package
The groups are urging Schumer to ensure that patients across the board can afford insulin.
Sanders Will Block Health Nominees Until Biden Offers Plan to Lower Drug Prices
As chair of the Senate HELP Committee, Sanders has the unilateral power to block health-related nominees.
Merck Sues Government, Saying Plan to Lower Medicare Drug Prices Is “Extortion”
The company claims that the plan to allow Medicare to negotiate drug prices violates the First and Fifth Amendments.
FDA Still Struggles to Inspect Foreign Drug Manufacturers After COVID Delays
A series of deaths linked to bacteria-tainted eyedrops produced overseas has raised alarm over a lag in FDA inspections.
Sanders Slams Biden for Rejecting Request to Lower Price of $190K Cancer Drug
The administration rejected a request to lower the price of prostate cancer drug Xtandi this week.