Profits drug industry. Medical search. Frequent questions

Still, higher materials and freight costs, marketing and R&D spending and employee compensation are expected to hurt the company's operating profit margin in the quarter through September. (yahoo.com)
A memo summarizing the documents said the paperwork shows that CEO J. Michael Pearson decided to buy two life-saving heart drugs, Nitropress and Isuprel, to dramatically hike prices and drive up his company's revenue and profit. (allgov.com)
Innate said in April it is developing a cancer treatment that could become an infusion drug, according to the company's U.S. patent application for the treatment. (thedailybeast.com)
So the buybacks and dividends together came to $13.5 billion, in effect consuming 100% of the company's profit. (madinamerica.com)
Moreover, it may take quite a few years for any newly-approved drug to contribute significantly to its company's top line. (247wallst.com)
In their statement heralding their good fortune, they said the "reflects the company's shift toward cancer treatments, one of the hottest areas in the drug industry. (nonprofitquarterly.org)

Given the profit-driven nature of pharmaceutical companies and their research and development expenses, companies use their research and development expenses as a starting point to determine appropriate yet profitable prices. (wikipedia.org)
Pharmaceutical companies spend a large amount on research and development before a drug is released to the market and costs can be further divided into three major fields: the discovery into the drug's specific medical field, clinical trials, and failed drugs. (wikipedia.org)
After "discovery" and a creation of a chemical compound, pharmaceutical companies move forward with the Investigational New Drug (IND) Application from the FDA. (wikipedia.org)
After the investigation into the drug and given approval, pharmaceutical companies can move into pre-clinical trials and clinical trials. (wikipedia.org)
The thesis defended in the paper is: (i) there should be no legal constraints on the profits pharmaceutical companies can make on their products for tropical diseases. (bmj.com)
ii With respect to drugs for tropical diseases, the point is that once society either renegades on an already existing commitment to offer patent right protection for drugs for tropical diseases or decides that no such protection will be offered in the future, the effect will probably be that pharmaceutical companies will scale back on the research and development of drugs for tropical diseases. (bmj.com)
v This is in comparison to the profit margins that pharmaceutical companies achieve on the same drugs sold on the North American/European market 2 (p1891). (bmj.com)
The Anglo-Swedish drugmaker - one of the strongest performers recently among listed European pharmaceutical companies - reported core profit per share of $1.73 on revenues of $11.49 billion for the third quarter. (indiatimes.com)
If the treatment were an infusion drug and if Collins' bill became law, it would mean millions in additional profits for Innate and other pharmaceutical companies. (thedailybeast.com)
But to take it off the backs of pharmaceutical companies inappropriately could lead to higher [drug] prices overall. (thedailybeast.com)
In attempting to justify skyrocketing drug prices, John C. Martin, the executive chairman of Gilead Sciences, claimed that pharmaceutical companies must make large profits so they can "continue to innovate. (madinamerica.com)
The pharmaceutical companies' profits are really indistinguishable, statistically, from those of technology companies. (worldofdtcmarketing.com)
From 2000 to 2018, 35 large pharmaceutical companies reported cumulative revenue of $11.5 trillion, gross profit of $8.6 trillion, EBITDA of $3.7 trillion, and net income of $1.9 trillion, while 357 S&P 500 companies reported cumulative revenue of $130.5 trillion, gross profit of $42.1 trillion, EBITDA of $22.8 trillion, and net income of $9.4 trillion. (worldofdtcmarketing.com)
The report also found, not surprisingly, that the total profits of America's top pharmaceutical companies far exceed their research and development costs. (truthout.org)
Once an afterthought, the life science/pharma industry now glimmers as a large blip on the hedge fund radar despite shortfall in flu vaccines and Merck headlines partly because aggressive marketing and pricing have made pharmaceutical companies America's most profitable industry. (eurekahedge.com)

Hypocrisy infects America's insane drug war on every level. (ontheissues.org)
Thanks to America's for-profit health insurance industry, prescription drugs are a big business. (truthout.org)
If you ask executives at America's top pharmaceutical drugs about the high costs of prescription drugs, they'll tell you that high and increasing drug prices are needed to sustain research and development efforts. (truthout.org)
One study, by the group Families USA, found that America's major drug companies are spending more than twice as much on marketing, advertising and administration than they do on research and development. (truthout.org)
Many of America's jails are filled to the brim with people who got long and unfair sentences for possession of the drug. (bartleby.com)

Innate plans to seek "investigational new drug" status from the Food and Drug Administration, a process Collins has made easier thanks to legislative language he wrote in a 2016 law . (thedailybeast.com)

The University requires doctors to disclose all ties to drug companies, even situations in which they are not compensated. (propublica.org)
Fine said his relationships with drug companies add to his knowledge about their products. (propublica.org)
In an email to ProPublica, Fishman said he had stopped taking money from drug companies in recent years to avoid the perception of a conflict of interest. (propublica.org)
Typically, companies spend tens to hundreds of millions of U.S. dollars on drug development. (wikipedia.org)
In an analysis of the drug development costs for 98 companies over a decade, the average cost per drug developed and approved by a single-drug company was $350 million. (wikipedia.org)
But for companies that approved between eight and 13 drugs over 10 years, the cost per drug went as high as $5.5 billion. (wikipedia.org)
Cummings has used his position atop the House Committee on Oversight and Government Reform to investigate several companies that have bought previously low-cost drugs and jacked up their prices many times over. (allgov.com)
The Democrat said in a statement that the documents show 'that many drug companies are lining their pockets at the expense of some of the most vulnerable families in our nation. (allgov.com)
One of the reasons the White House has had such trouble convincing anybody of the sincerity of its populist fervor, and of its righteous anger at insurance companies, is the deal it struck early with the drug industry group PhRMA. (politico.com)
A reader sends over SEC data indicating that the PhRMA companies on the Fortune 500 sector list had profits of $59 billion in 2009, a 40% increase over 2008. (politico.com)
As these companies are reporting, they're giving very realistic and more downbeat assessments of what the demand outlook is going to look like this year, and there's the realization that economic activity is slowing, profit growth is likely slowing and maybe even turning negative. (timescolonist.com)
The level of cash and profit that companies produce is one of the main levers that set stock prices on Wall Street. (timescolonist.com)
Employees of both companies are hopeful that the combination of Innate's previous work on its failed drug and Amplia's intellectual property will turn into groundbreaking treatments for a variety of cancers. (thedailybeast.com)
Regulators have tried to address this by offering inducements to companies to apply for formal authorisation for drug use in children. (medialens.org)
Moreover, the outlook provided by the companies indicates bright prospects now on the back of new drug approvals and positive pipeline updates. (247wallst.com)
The Zacks Biomedical and Genetics industry includes biopharmaceutical and biotechnology companies that develop high-profile drugs using path-breaking technology. (247wallst.com)
As only a few companies in this industry have approved drugs in their portfolio, the focus is primarily on the performance of high-profile drugs and pipeline development. (247wallst.com)
Most companies spend millions and billions to create a drug with path-breaking technology, which leads to significant research and development expenditure. (247wallst.com)
This is because leading pharma/biotech companies look to diversify their revenue base in the face of dwindling sales of high-profile drugs. (247wallst.com)
Cost synergies in research and development are added benefits, as quite a few smaller biotech companies are using innovative technologies to develop drugs and treatments. (247wallst.com)
Nevertheless, with increasing R&D spend and most companies looking to diversify, new drug approvals are likely to see an acceleration going forward. (247wallst.com)
Weakening tools pharmacy benefit companies use to lower drug costs gives Big Pharma more power to keep drug prices high. (politico.com)
The Big Pharma bills to end so-called "delinking" hand billions of dollars annually to drug companies, while costing patients and payers billions. (politico.com)
Researchers writing in the Journal of the American Medical Association (JAMA) found that in the years between 2000 and 2018, 35 big drug companies received a combined revenue of $11.5 trillion, with a gross profit of $8.6 trillion. (worldofdtcmarketing.com)
Researchers writing in the Journal of the American Medical Association (JAMA) investigated the financial balances of pharma companies dealing in the business of developing, manufacturing, marketing and selling drugs. (worldofdtcmarketing.com)
They look very much like other innovation-driven, research-driven companies," lead author Professor Fred Ledley, Director of the Center for Integration of Science and Industry at Bentley University, told Newsweek . (worldofdtcmarketing.com)
Every day, Big Banks, Big Polluters, and Big Tech companies are threatening our economy, our environment, and our democracy - sacrificing Main Street Americans and our families on the altar of corporate profits. (citizen.org)
The report reveals how major U.S. drug companies and their Washington lobby group, the Pharmaceutical Research and Manufacturers of America (PhRMA), have carried out a misleading campaign to scare policymakers and the public. (citizen.org)
We project that drug distribution revenues for the Big Three public companies-AmerisourceBergen (Cencora), Cardinal Health, and McKesson-will reach $700 billion for 2023," says Drug Channels Institute CEO Adam J. Fein , Ph.D., the study's author and a widely regarded expert on pharmaceutical economics and the drug distribution system. (prweb.com)
While drug companies have been largely able to get away with robbing Americans left and right for the past several decades, more and more people are speaking up about the outrageous costs of lifesaving treatments. (truthout.org)
In fact, in 2012, the top 11 global drug companies made nearly $85 billion in net profits. (truthout.org)
A group of more than 100 leading oncologists from across the globe have penned a journal article, announcing their plans to start a campaign to force drug companies to slash their profit margins. (truthout.org)
The FDA relies on studies conducted by major drug companies themselves, which may not be reliable. (anh-usa.org)
There is a great deal we don't know, partly because so much of drug companies' research on these drugs is kept secret. (anh-usa.org)
Gorsky went on to note that much of the most innovative thinking in the pharmaceutical industry now comes from divisions of major drug firms or from smaller biotech companies. (upenn.edu)
Like many innovative organizations, MSKCC saw the need to partner with for-profit drug companies, judging that this was necessary to effectively move the work out of the laboratory into worldwide delivery, sharing important treatments and the economic value of new medications. (nonprofitquarterly.org)
The only two industries in the world that call their customers "users" are drug dealers and software companies. (webbyawards.com)
In a for-profit health care industry, drug companies need to make reasonable profits. (pa.us)
Drug companies enjoy monopoly-like conditions that discourage competition based on price. (pa.us)
Yet exorbitant prices for life-saving drugs, safety recalls affecting tens of millions of Americans, and soaring rates of addiction and overdose on pre-scription opioids have caused many to lose faith in drug companies. (northshire.com)
That's the way we can speak with our money to the drug companies to treat us more fairly. (cnn.com)
A tax could also be put on the drug, and the companies that grew and possessed the plants would have to pay income taxes to the government. (bartleby.com)
Regulators could also incentivize companies to implement balanced rules between arms by not granting drug approval based on trials suffering from such flaws. (medscape.com)

NEW YORK (AP) - Stocks shook off an early slide and wound up little changed as worries about corporate profits weighed on the market. (timescolonist.com)
NEW YORK (AP) - Wall Street is wobbling Wednesday on worries about corporate profits following a mixed set of earnings reports and forecasts from Microsoft and others. (timescolonist.com)
Worries are rising that corporate profits are set to shrink broadly because of a slowing economy, higher interest rates and still-high inflation. (timescolonist.com)
Banks got 40% of all corporate profits, paid by middle class. (ontheissues.org)

According to the National Institute on Drug Abuse, as of February, Maryland was among the top five states in the nation in terms of opioid-related deaths. (thedailyrecord.com)

In this interview, Richard shares with Eurekahedge about the life science/pharma industry in his capacity as the co-founder of Life Science Group Partners while connecting the dots between India, technology and the life science industry. (eurekahedge.com)
This being presidential year as well, Richard shares with us about the life science/pharma industry in this capacity as he joins the dots between India, technology and the life science industry. (eurekahedge.com)
While many factors interact to ensure success in the biotech/pharma industry, what two factors remain crucial to the Life Science Group Partners? (eurekahedge.com)

This presentation will explore the history of injustice within the tobacco and vaping industries, and the action steps Massachusetts has taken to prioritize community health over tobacco and vaping industry profits. (drugfreegreaterlowell.org)

After a decent performance in the first half of 2023, the outlook for the second half of 2023 for the biotech industry looks upbeat as the world cautiously wades through an uncertain macroeconomic environment. (247wallst.com)
PHILADELPHIA , Oct. 10, 2023 /PRNewswire-PRWeb/ -- Today Drug Channels Institute (DCI) released its exclusive analysis of U.S. prescription drug distribution channels. (prweb.com)
DCI's new 2023-24 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors delves into the business operations and industry environment of the Big Three public drug wholesalers-AmerisourceBergen/Cencora, Cardinal Health, and McKesson. (prweb.com)

Data were mainly accessible for smaller firms, products in certain therapeutic areas, orphan drugs, first-in-class drugs, therapeutic agents that received accelerated approval, and products approved between 2014 and 2018. (worldofdtcmarketing.com)
So much innovation in the pharmaceutical industry is coming from the small firms … and it seems to come from the passion and the involvement of being master of your own destiny. (upenn.edu)
7) These costs were borne by injured workers and their families, by all other workers through lower wages, by firms through lower profits, by consumers through higher prices, and by taxpayers through higher taxes. (cdc.gov)

In 2016, the pharmaceutical industry lost out on $16 million in profits thanks to 340B. (thedailybeast.com)
Compared to the $450 billion in total 2016 U.S. drug sales , 340B cost the pharmaceutical industry 0.000035% of its revenue that year. (thedailybeast.com)
In 2016, the company reported profit of $13.5 billion. (madinamerica.com)

Speaking anonymously, with his face hidden, an online seller from Pakistan shared how easy it is to market counterfeit drugs. (cnn.com)
Since then, according to a report by the Intellectual Property Rights Coordination Center, the WHO no longer provides estimates of counterfeit drugs, "because of the difficulty of providing accurate measurement. (cnn.com)

Overall, research and development expenses relating to a pharmaceutical drug amount to the billions. (wikipedia.org)
This translates into billions of dollars in profits worldwide for the pharmaceutical industry. (anh-usa.org)

A new study in 2020 estimated that the median cost of getting a new drug into the market was $985 million, and the average cost was $1.3 billion, which was much lower compared to previous studies, which have placed the average cost of drug development as $2.8 billion. (wikipedia.org)
Brandice M. Dotolo, 39, is accused of using and maintaining drug premises in 2020. (sunjournal.com)
FARMINGTON - An Avon woman is accused by the U.S. Attorney's Office in Maine of using and maintaining drug premises at 887 River Road in Avon between March 1 and July 17, 2020. (sunjournal.com)

As opioid addiction has increased in prevalence among affluent and middle-class Marylanders, for-profit treatment centers are flourishing in the state. (thedailyrecord.com)
The more for-profit treatment centers, he said, especially residential facilities providing a full continuum of services, the better for the state and addicts. (thedailyrecord.com)

When Medicare was enacted in 1965, people took far fewer prescription drugs and they were cheap. (nybooks.com)
At the end of 2003, Congress passed a Medicare reform bill that included a prescription drug benefit scheduled to begin in 2006, but as we shall see later, its benefits are inadequate to begin with and will quickly be overtaken by rising prices and administrative costs. (nybooks.com)
This R&D scare card is built on myths and falsehoods that are maintained by the drug industry to block Medicare drug coverage and measures that would rein in skyrocketing drug costs," said Frank Clemente, director of Public Citizen's Congress Watch. (citizen.org)
In his State of the Union address last week, President Bush hailed the passage of the Medicare bill that will give seniors "the modern medicine they deserve" and touted the new drug-discount card that the Administration says will save them 10% to 25% on pharmaceuticals. (cnn.com)

For example, it was reported that AstraZeneca spent upwards on average of $11 billion per drug for research and developmental purposes. (wikipedia.org)
With the addition of "failed drug" costs, the $11 billion easily amounts to over $20 billion in expenses. (wikipedia.org)
citation needed] Therefore, an appropriate figure like $60 billion would be approximate sales figure that a pharmaceutical company like AstraZeneca would aim to generate to cover these costs and make a profit at the same time. (wikipedia.org)
Short-term incentive compensation is estimated to shave off $1.5 billion from company profits this year. (yahoo.com)
Merck alone reported profits of $13 billion -- more than the entire health insurance sector. (politico.com)
Analysts on average expected core profit of $1.69 per share and revenues of $11.47 billion, according to a company-compiled consensus. (indiatimes.com)
The results add to a string of strong quarters for Britain 's biggest company by market capitalisation - worth 159 billion pounds ($195 billion) - bolstered by a strong pipeline of drugs. (indiatimes.com)
The company also announced on Thursday it had bought an exclusive licence for an oral weight-loss drug candidate for up to about $2 billion from China's Eccogene, boosting its anti-obesity development work to participate in a booming market. (indiatimes.com)
Americans now spend a staggering $200 billion a year on prescription drugs, and that figure is growing at a rate of about 12 percent a year (down from a high of 18 percent in 1999). (nybooks.com)
Every year, traffickers generate more than $150 billion in profits by victimizing millions of people worldwide. (covenanthouse.org)
The International Labor Organization estimates that profits from human trafficking and forced labor are $150 billion annually . (unicefusa.org)
The cost of research and development is only 10 percent of the $1-2.6 billion figure that is claimed in industry-supported studies. (pa.us)

This is their most important near-term new product launch - the next new product to market is Serono's proprietary psoriasis drug, onercept, expected to be launched in 2007," said Carl-Heinz Koch, an analyst at Swiss private bank Lombard, Odier, Darier Hentsch. (swissinfo.ch)
The cost of drug development is the full cost of bringing a new drug (i.e., new chemical entity) to market from drug discovery through clinical trials to approval. (wikipedia.org)
In essence, (i) expresses the idea that drugs for tropical diseases should be treated as any other product on the free market and that the producers of these drugs should be allowed to sell their products at whatever price the market can bear. (bmj.com)
Like drug and arms trafficking, human trafficking is a market-driven criminal industry based on the principles of supply and demand. (covenanthouse.org)
But cancer drugs aren't the only drugs on the market that are gouging the wallets of Americans. (truthout.org)
Last year, 11 of the 12 new-to-market drugs approved by the Food and Drug Administration were priced above $100,000 per-patient per-year. (truthout.org)
The FDA recognizes this, and many antidepressants carry "black box warnings," the most stringent precaution a drug label can carry before being removed from the market. (anh-usa.org)
Other industry professionals, however, urged caution in reducing oversight because of the potential for "bad actors" to enter the market looking to make a quick buck and exploiting vulnerable people. (thedailyrecord.com)
Industry-sponsored trials may be designed so that the new drug has the best chance to get the largest 'win' because this means more market share and more profit for the company that manufactures the drug," Olivier noted. (medscape.com)
The drug industry runs on a business model that "naturally aims to gain more market share and more profit," he said. (medscape.com)

This content was published on Mar 11, 2004 Mar 11, 2004 After several years of stagnation and difficulty in attracting capital, the biotech industry worldwide is flourishing again. (swissinfo.ch)
Given the continuous need for innovative medical treatments, irrespective of the state of the economy, the biotech industry can be a haven despite the inherent volatility and uncertain macroeconomic environment. (247wallst.com)
Consolidation has always taken center stage in the biotech industry. (247wallst.com)

All the popular brand-name drugs are readily available online at discounted prices, and often without a valid prescription. (cnn.com)
Two drugmakers have made a practice of buying and then dramatically hiking the prices of low-cost drugs given to patients with life-threatening conditions including heart disease, AIDS and cancer, according to excerpts from thousands of documents released by federal lawmakers. (allgov.com)
Drug prices reportedly went up last year, but the drug industry has been an important ally, making concessions and backing the plan publicly. (politico.com)
The increase in drug spending reflects, in almost equal parts, the facts that people are taking a lot more drugs than they used to, that those drugs are more likely to be expensive new ones instead of older, cheaper ones, and that the prices of the most heavily prescribed drugs are routinely jacked up, sometimes several times a year. (nybooks.com)
Big Pharma is the link between patients and high drug prices. (politico.com)
However, after accounting for rebates and discounts, net prices for the same drugs increased by 60%, or 4.5% per year. (worldofdtcmarketing.com)
Finally, innovation is driven by independent investigators who will continue to conduct research even if drug prices fall. (pa.us)
Please join me in supporting this legislation to help address some of the absurdly high drug prices in Pennsylvania. (pa.us)
At U.S. prices, she couldn't afford her total drug bill and would have to pick and choose which conditions to treat. (cnn.com)

In his correction , he acknowledged receiving fees for teaching medical education courses, some of which were funded by drug-company grants. (propublica.org)
Europe's biggest biotech company, Serono, has won European Union marketing approval for its new psoriasis drug, Raptiva - potentially its third most important product. (swissinfo.ch)
One element of the complexity is that the much-publicized final numbers often not only include the out-of-pocket expenses for conducting a series of Phase I-III clinical trials, but also the capital costs of the long period (10 or more years) during which the company must cover out-of-pocket costs for preclinical drug discovery. (wikipedia.org)
After a drug has passed through all three phases, the pharmaceutical company can move forward with a New Drug Application from the FDA. (wikipedia.org)
Chief Financial Officer Andrew Bonfield told Reuters the company does not expect to offer profit per share guidance this year. (yahoo.com)
Company presentations released Tuesday show that as early as last May, Turing planned to turn Daraprim into a $200-million-a-year drug by dramatically increasing its price. (allgov.com)
The company said there was some impact on Chinese sales from reduced promotional activities following the launch of a government anti-corruption campaign in July targeting the bribing of doctors in drug and medical equipment sales. (indiatimes.com)
2 As a spokeswoman for one company explained, "Price increases are not uncommon in the industry and this allows us to be able to invest in R&D." 3 In 2002, the average price of the fifty drugs most used by senior citizens was nearly $1,500 for a year's supply. (nybooks.com)
Collins learned Innate's lone drug failed its clinical trial and allegedly told his son before the company announced the devastating news. (thedailybeast.com)
The drug's failure meant about $17 million in lost stock value for Collins, as well as speculation in the pharmaceutical industry that the company was largely finished. (thedailybeast.com)
In any sensible world, when researchers are conducting trials on a new tablet for a drug company, for example, we'd expect […] that all researchers are obliged to publish their results, and that industry sponsors - which have a huge interest in positive results - must have no control over the data. (medialens.org)
Rather than tell doctors and patients, or withdraw the drug, a secret internal company memo concluded: 'It would be commercially unacceptable to include a statement that efficacy had not been demonstrated, as this would undermine the profile of paroxetine. (medialens.org)
So while the company knew the drug didn't work in children, it was in no hurry to tell doctors, despite knowing that large numbers of children were taking it. (medialens.org)
The company said in a statement on Wednesday that profit had fallen from SFr267 million ($250 million) to SFr118 million. (swissinfo.ch)
And drug company money represent a substantial percentage of the FDA's operating budget. (anh-usa.org)
Along the way, individual researchers saw no conflict in serving on the boards of their drug company partners and holding ownership stakes in organizations with which their nonprofit employer partnered. (nonprofitquarterly.org)
First governmental bodies must not succeed in limiting the profits a company can make if they develop a blockbuster drug. (eurekahedge.com)
At the International Congress on Drug Therapy in HIV Infection (HIV Glasgow) yesterday, the drug company MSD (Merck in the US) presented the first detailed data on the unexpected side effects of its first-in-kind anti-HIV drug, islatravir. (aidsmap.com)
Previous to this position Sharon was employed in the health and fitness industry as a physical education teacher and Director of a Sport and Recreation Company. (lymphoma.org.au)

For decades, the tobacco and vaping industries have strategically and successfully targeted Black, LatinX, and LGBTQ+ communities with their addictive products. (drugfreegreaterlowell.org)
Fast forward to 2015 and current day, and the tobacco and vaping industry came out with electronic cigarettes to addict a new generation on nicotine with similar marketing tactics. (drugfreegreaterlowell.org)
Unfortunately, many political factors come into play regarding the legal status of drugs and industries such as the pharmaceutical, tobacco and alcohol industries, who harbor the most money and have an influence in the legality of drugs whether they are safe or not. (bartleby.com)
I hate the tobacco industry and its knowingly murder-for-profit actions. (medscape.com)
We know how to be tough against the tobacco addiction industry and also kind to the addicted victims and their loved ones. (medscape.com)
These estimates are significantly lower than the anecdotal claims of the tobacco industry. (who.int)
The tobacco industry has long argued that high taxes are responsible for the growth in illicitly traded cigarettes. (who.int)

The drugs treat abnormal heart rhythms, congestive heart failure and high blood pressure. (allgov.com)
Prescription drug costs are indeed high-and rising fast. (nybooks.com)
Two main factors drive the spread of human trafficking: high profits and low risk. (covenanthouse.org)
The costs are low and the profits are extremely high. (unicefusa.org)
Unnecessarily expensive prescription drugs are driving up the already high cost of healthcare for people across Pennsylvania. (pa.us)
Like many other elderly people, she takes multiple prescription drugs for several conditions, including high blood pressure, elevated cholesterol and glaucoma. (cnn.com)

Secondly, we look for multiple opportunities to win via the drug pipeline or other events such as an acquisition. (eurekahedge.com)

Even if the data is pristine, the interpretation will almost certainly be skewed in favor of the drug. (anh-usa.org)
More than half of studies testing anticancer drugs against each other have rules about dose modification and myeloid growth factors that favor the experimental drug arm, a new analysis suggests. (medscape.com)

WASHINGTON, D.C. The pharmaceutical industry spends about one-fifth of what it says it spends on the research and development (R&D) of new drugs, destroying the chief argument it uses against making prescription drugs affordable to middle and low-income seniors, a Public Citizen investigation has found. (citizen.org)
The drug industry spends 1.3% of its budget on basic research, but 20-40 percent on advertisements and related activities. (pa.us)

Industry executives argue their prisons are efficient and necessary. (msnbc.com)
A congressional review of more than 300,000 pages from Turing Pharmaceuticals and Valeant Pharmaceuticals reveals how executives planned to maximize profits while fending off negative publicity over the price hikes. (allgov.com)

Politicians in both parties responded to prison crowding with private prisons: The industry grew by 1,600% over a 20-year period ending in 2009. (msnbc.com)
The foundation received 88 percent of its $5 million income last year from drug and medical-device makers. (propublica.org)
Caterpillar's shares were the biggest drag on the Dow Jones Industrial Average on Friday, having outperformed the blue chip index so far this year. (yahoo.com)
Adjusted profit for the second quarter came in at $2.60 per share, up from $1.27 per share a year earlier. (yahoo.com)
Laval, Quebec-based Valeant Pharmaceuticals International Inc. bought the drugs for $350 million from Marathon Pharmaceuticals about a year ago and then tripled the price for one and increased the other six-fold. (allgov.com)
The drugs generated $547 million in revenue and around $351 million in profits last year alone. (allgov.com)
Analysts have been too rosy for the profit outlook for this year," Saglimbene said. (timescolonist.com)
Many infusion drugs are used to treat deadly diseases like cancer and HIV and can costs tens or hundreds of thousands of dollars per year. (thedailybeast.com)
Swiss drug industry supplier Lonza reports that its first-half net profit plummeted by more than 50 per cent compared with the same period last year. (swissinfo.ch)
Aruba's geographical position is a blessing and a curse at the same time,' says Eman, alluding to the pleasant climate which attracts thousands of tourists each year, and the unpleasant closeness of the Colombian and Venezuelan northern shores which makes it vulnerable for drug-traffickers. (tni.org)
Award-winning journalist and New York Times bestselling author Gerald Posner traces the heroes and villains of the trillion-dollar-a-year pharmaceutical industry and uncovers how those once entrusted with improving life have often betrayed that ideal to corruption and reckless profiteering-with deadly consequences. (northshire.com)
It has a powerful partner in the FDA, which over the past year has conducted widely publicized seizures of prescription drugs shipped into the U.S. from Canada, Mexico and elsewhere that it maintains could be harmful to consumers. (cnn.com)
MSD showed that it should be possible to take a smaller daily dose of the drug - 0.25 milligrams (mg) - without it causing the falls in CD4 cell, B-cell and total lymphocyte (white cell) counts that halted its clinical development almost a year ago . (aidsmap.com)

Some psychedelic substances such as Psilocybin are schedule 1 drugs, while alcohol and nicotine are legal. (bartleby.com)
According to the National Institute of Drug Abuse (NIDA) both alcohol and nicotine are proven to be harmful and addictive (2017). (bartleby.com)
Her experience includes professional fundraising, marketing, social media management and communication in a variety of organisations such as drug and alcohol, dementia, cancer and mental health. (lymphoma.org.au)
Thus, routine drug and alcohol screenings and conditions with no recognized work-related cause are excluded. (cdc.gov)
But for the already addicted, whether the drug is ethyl alcohol, nicotine, opiates, or opioids, harm reduction should be the goal of therapy. (medscape.com)

Public Citizen challenges Big Pharma, device manufacturers and federal regulators to make drugs and medical devices safe, effective and accessible to all. (citizen.org)
And "it is the role and duty of regulators to reconcile industry incentives with the patients' best interests. (medscape.com)
Institutional review board and drug regulators could systematically evaluate drug dosing modification and supportive medication rules before a trial gets under way. (medscape.com)

Every day Americans are subjected to a barrage of advertising by the pharmaceutical industry. (nybooks.com)
They made these profits by slapping extraordinary price tags on the prescription drugs and health treatments that Americans are forced to rely on in order to survive devastating diseases like cancer. (truthout.org)
These are just two of the commonly used drugs that are bankrupting Americans. (truthout.org)
Lifesaving medications and commonly prescribed drugs in America today are absurdly expensive here - and only in this country - because Big Pharma is ripping off Americans. (truthout.org)
Now, Americans are demanding a national reckoning with a monolithic industry. (northshire.com)
I could not put down Gerald Posner's Pharma , the definitive story of how one family, the Sacklers, set out to get exquisitely rich on the back of unsuspecting Americans-then blamed the so-called 'abusers' instead of their own highly addictive drug. (northshire.com)

He said it's more about finding the cheapest binding agent they can get their hands on to maximize their profit. (cnn.com)

That is why we will be reintroducing legislation directing the Pennsylvania Department of Health (DOH) to study the potential savings of importing less expensive prescription drugs from Canada and design a potential prescription drug importation program for our state when the study demonstrates savings for consumers. (pa.us)
By directing DOH to conduct a study on the merits of an importation program in our state and design a potential program, we can ensure the legislature is in the best position possible should we wish to expediently implement a well-researched prescription drug importation program. (pa.us)
There's only [one] way that this is going to begin to turn around, and it is if we begin to allow the legal importation of drugs from Canada. (cnn.com)

1 Drugs are the fastest-growing part of the health care bill-which itself is rising at an alarming rate. (nybooks.com)
Public Citizen based the study on an extensive review of government and industry data and a report obtained through the Freedom of Information Act from the National Institutes of Health (NIH). (citizen.org)
Wharton professor of health care systems Patricia Danzon , who has conducted extensive research on pharmaceutical industry mergers, identified passion as critical to innovation. (upenn.edu)
The unexpected twists and turns of the Sackler family saga are told against the startling chronicle of a powerful industry that sits at the intersection of public health and profits. (northshire.com)
preference for investigative research, using the quantitative method, and the research related the thematic of drugs to socio-political aspects and the need for new plans of health care services. (bvsalud.org)
The NEHIS sampled not only major health plans, but also single service plans (dental insurance, vision care plan, and prescription drug plan) and other special plans (long-term care insurance, dread disease plan, and hospital indemnity insurance). (cdc.gov)

Drug discovery is the area of research and development that amounts to the most time and money. (wikipedia.org)
However, only a small percentage of Gilead's profits are spent on research and development, with the vast majority going to shareholders. (madinamerica.com)
According to a JAMA study, which included 63 of 355 new therapeutic drugs and biologic agents approved by the US Food and Drug Administration between 2009 and 2018, the estimated median capitalized research and development cost per product was $985 million, counting expenditures on failed trials. (worldofdtcmarketing.com)
PhRMAs central claim is that the industry needs extraordinary profits to fund "risky" and innovative research and development to discover new drugs. (citizen.org)
It was suggested that an exclusive dependency on patents and intellectual property rights, particularly in poor countries, may sometimes hinder research and development and access to drugs. (who.int)

At a recent Wharton roundtable discussion on leadership and innovation, panelists were asked how the two are linked, and what single factor they think is most critical to innovation in their industry. (upenn.edu)
He then asked the panelists - who had come to campus to participate in Wharton's 125th anniversary celebration - to describe a single factor that they feel is most critical to innovation in their industry. (upenn.edu)
Technology also factors heavily into innovation, said Connie K. Duckworth, retired partner and managing director at Goldman Sachs, who now runs a non-profit organization creating economic development opportunities for women in Afghanistan. (upenn.edu)

Drug Channels is written by Adam J. Fein, Ph.D. Dr. Fein is CEO of Drug Channels Institute . (drugchannels.net)
Drug Channels Institute is a leading source of industry research about pharmaceutical economics and the drug distribution system. (prweb.com)

Pharma reveals how and why American drug com-panies have put earnings ahead of patients. (northshire.com)

Alternatives to conventional drug development have the objective for universities, governments and pharmaceutical industry to collaborate and optimize resources. (wikipedia.org)
Drug development and pre-clinical trials focus on non-human subjects and work on animals such as rats. (wikipedia.org)
New York City developer Jeffrey Katz, CEO of Sherwood Equities, a major investor in Times Square, said business leaders must remain open to what comes their way in order to capitalize on opportunities, especially in the fast-paced deal-oriented real estate development industry. (upenn.edu)
That will remove the incentive to provide risk capital to drug development. (eurekahedge.com)
Pediatric drug development, which has a complex background and history, has fundamental catches based around how children are defined in the context of clinical studies. (pharmacytimes.com)
Pediatric drug development (PDD) has fundamental catches. (pharmacytimes.com)
However, clinical development was paused when the drug was found to be associated with falls in many types of immune-system cell, including all lymphocytes (white blood cells), the B-cells that make antibodies, the NK-cells, and the T-cells, both CD8s and CD4s, that regulate cellular immunity and that are attacked by HIV. (aidsmap.com)
Awareness of the problem is a first step and understanding the influence of commercial incentives in drug development is key as well, Olivier said. (medscape.com)
Financial conflict of interest is present at many levels of drug development," Olivier said. (medscape.com)
It was argued that it is the poor themselves rather than the diseases that are neglected, and that policies regarding research on neglected diseases should include non-traditional partners in drug development. (who.int)
Author summary Human immunodeficiency virus (HIV) drug resistance has implications for antiretroviral treatment strategies and for containing the HIV pandemic because the development of HIV drug resistance leads to the requirement for antiretroviral drugs that may be less effective, less well-tolerated, and more expensive than those used in first-line regimens. (cdc.gov)

Biosimilars of provider-administered specialty drugs are now an important source of profits for wholesalers and specialty distributors," Fein adds. (prweb.com)

Explore the essentials of food law and regulation and gain a comprehensive understanding of the various administrative agencies that impact these industries. (fdli.org)
Order FDLI's A Practical Guide to FDA's Food and Drug Law and Regulation, 7th Edition , now available in e-book and print formats, for an accessible overview to the key legal and regulatory topics. (fdli.org)
Apply what you've learned from this course and contribute to the conversation at our Food Advertising, Labeling, and Litigation Conference where experts will cover the biggest issues and challenges in industry advertising, labeling, and litigation. (fdli.org)
The Food and Drug Administration mandates a 3 phase clinical trial testing that tests for side effects and the effectiveness of the drug with a single phase clinical trial costing upwards of $100 million. (wikipedia.org)
They trade off drugs against home heating or food. (nybooks.com)
Yet what Clark and others are doing is technically illegal, since the U.S. forbids the import of prescription drugs by anyone other than the original U.S. manufacturer, and even then only when the drugs meet all the approval requirements of the U.S. Food and Drug Administration (FDA). (cnn.com)
For the current study, Olivier and colleagues performed a cross-sectional analysis of all 62 head-to-head registration RCTs of anticancer drugs in the advanced or metastatic setting that led to US Food and Drug Administration (FDA) approval between 2009 and 2021. (medscape.com)
US Food and Drug Administration (FDA)-approved prescription products such as nicotine patches and gum suffice for some nicotine-dependent individuals. (medscape.com)

Reuters) -Caterpillar Inc on Friday reported higher quarterly earnings but said profits will suffer in the current quarter because of rising costs, sparking a sell-off in its shares. (yahoo.com)
AstraZeneca raised its annual earnings forecast on Thursday, helped by strong demand for its cancer drugs , and reported third-quarter profit and revenue just ahead of analyst expectations even as COVID-19 vaccine sales evaporated. (indiatimes.com)

Approximately half to two thirds of the elderly have supplementary insurance that partly covers prescription drugs, but that percentage is dropping as employers and insurers decide it is a losing proposition for them. (nybooks.com)

In the 1980s, for-profit prisons began winning contracts to operate entire jails for the first time. (msnbc.com)
The advent of desktop information technology transformed the financial services industry during her career on Wall Street in the 1980s and 1990s, she noted. (upenn.edu)

The resulting graphic (below) uses a typical brand-name prescription to show the profits earned by key drug channel participants: manufacturers, pharmacy benefit managers (PBMs), wholesalers, and pharmacies. (drugchannels.net)
Wholesalers' U.S. drug distribution revenues are growing at double-digit rates, driven by the post-pandemic bounce back in U.S. healthcare, booming utilization of new anti-obesity GLP-1 agonist medications, and shifts in procurement strategies by some large pharmacy customers. (prweb.com)

Growing drug use and changing drugs laws pose challenges for employers" is about how medical marijuana has caused problems for employers who don't want their workers using drugs but don't have a clear idea of what they should or are allowed to do about it. (healthjournalism.org)

Infosys (down 8.18%), Hindustan Unilever (down 3.65%), Reliance Industries (down 3.19%) and TCS (down 2.68%) were major drags. (livemint.com)
Important research has shown major drugs like Paxil and Prozac to be linked with violence at a substantially higher rate than other drugs-users of Paxil are 10.3 times more likely to do violence to themselves or others, while users of Prozac are 10.9 times more likely to commit acts of violence. (anh-usa.org)
Drugs are a major influential force in our country today. (bartleby.com)

But, despite everything we know about industry-funded research being systematically biased, this does not happen. (medialens.org)

Now, just weeks after leaving the nonprofit world, he has begun a new job for one of the non-disclosed for-profit organizations at the center of this controversy. (nonprofitquarterly.org)
The growing role of for-profit organizations in areas previously not seen as of commercial interest makes MSKCC's experience of wider interest for the field. (nonprofitquarterly.org)

https://orcid.org/0000-0001-7011-903X illicit drugs. (bvsalud.org)

After reviewing a battery of studies on cost and effectiveness in the industry, researchers from the University of Utah concluded in a 2007 report that any cost savings "appear minimal. (msnbc.com)
Strauss noted that Valeant was providing the drug to patients at a minimal cost of no more than $25 for a 30-day supply. (allgov.com)
Right now in Canada, drugs cost a fraction of what they do here. (truthout.org)
On average, name-brand prescription drugs in Canada cost an estimated 40% less than they do in the U.S. (cnn.com)
On a trip last November, Clark did even better than that, buying a six-month supply of medications for a little more than $1,000, a cache that she estimates would have cost about $3,000 in Maine for the same drugs. (cnn.com)

And so their profits don't seem to have been made an issue. (politico.com)
The FDA contends it is looking out for consumer safety, but in fact a growing volume of prescription drugs sold in the U.S. is made overseas and brought in by domestic manufacturers. (cnn.com)
It is clear that the ban on marijuana in the United States was unnecessary because most of the things we believe to be true about the drug were just scare tactics made up by the government at the time to get people to want to get rid of all drugs. (bartleby.com)

This content was published on Feb 2, 2004 Feb 2, 2004 Europe's largest biotech group, Serono, has posted record net profit of $390 million (SFr490 million) for 2003. (swissinfo.ch)
Turing purchased the six-decade-old drug from Impax Laboratories in August for $55 million and promptly raised its price. (allgov.com)
The number of prosecutions is shockingly low for an industry that victimizes an estimated 21 million people around the world. (unicefusa.org)

After surveying those kind of tradeoffs, The Week magazine concluded last month that "as bad as state-run prisons can be, private prisons ultimately pose a greater threat," since "they exist solely to make a profit off of incarcerated individuals. (msnbc.com)
The processes of "discovery" and clinical trials amounts to approximately 12 years from research lab to the patient, in which about 10% of all drugs that start pre-clinical trials ever make it to actual human testing. (wikipedia.org)
The evolution of new patent regimes that align the interest of patent holders with those of patients and generic drug producers, and make neglected diseases "attractive profit opportunities" was advocated. (who.int)

It's the second most profitable illegal industry- second only to the drug trade. (unicefusa.org)

In July, Collins introduced a proposed bill that would remove infusion drugs (administered by needle) from a federal program called 340B that requires the pharmaceutical industry to sell drugs at steep discounts to hospitals serving poor patients. (thedailybeast.com)
This paper examines the strategic decisions and infrastructure improvements underlying this achievement, such as the implementation of universal DOTS coverage, expansion of the laboratory network, effective drug management systems, improved communication strategies, and inclusion of private practitioners, laboratories and hospitals in the TB control programme through the public- private mix strategy. (who.int)
The profit motive and patient care : the changing accountability of doctors and hospitals / Bradford H. Gray. (who.int)

And in a 2010 report, CCA declared that "any changes" to harsh drug sentences could stem the flow of new prisoners in the U.S., reducing "demand for correctional facilities to house them. (msnbc.com)

A business that profits from treating ills can create far deadlier problems than it cures. (northshire.com)
Give your business an edge with our leading industry insights. (just-drinks.com)

In fact, the opposite is true: it is entirely normal for researchers and academics conducting industry-funded trials to sign contracts subjecting them to gagging clauses that forbid them to publish, discuss or analyse data from their trials without the permission of the funder. (medialens.org)

Ainsi, les cas signalés sont passés de 11 050 en 2000 à 248 115 en 2008. (who.int)

That drug, Daraprim, is the only approved medication for a parasitic infection which mainly strikes patients with weakened immune systems, including those with cancer and AIDS. (allgov.com)
Drugs are tested by the people who manufacture them, in poorly designed trials, on hopelessly small numbers of weird, unrepresentative patients, and analysed using techniques that are flawed by design, in such a way that they exaggerate the benefits of treatments. (medialens.org)
According to the New York Times , he will be leading a for-profit unit that will "work to bring transformative medicines to patients" and will "support growth and sharpen the focus on our main therapy areas, speeding up decisions and making us more productive in our mission to bring innovative medicines to patients. (nonprofitquarterly.org)
But the aim of maximizing profits has crossed the line into profiteering at the expense of patients. (pa.us)

Others, too embarrassed to admit that they can't afford to pay for drugs, leave their doctors' offices with prescriptions in hand but don't have them filled. (nybooks.com)
In those days, senior citizens could generally afford to buy whatever drugs they needed out of pocket. (nybooks.com)
Even worse, those unable to afford these life-saving drugs can be forced to ration and forego their medications. (pa.us)

For instance, look at Nexium, a drug commonly prescribed to treat acid reflux. (truthout.org)
Antidepressants are some of the most commonly prescribed drugs in the US. (anh-usa.org)

Nifty opened lower dragged by selling in IT heavyweights after Infosys lowered its FY24 growth guidance. (livemint.com)
When testing new cancer agents, different drug modification rules or growth factor support guidance may affect the results of randomized controlled trials (RCTs). (medscape.com)

Boiled down to its essentials, it is this: "Yes, prescription drugs are expensive, but that shows how valuable they are. (nybooks.com)
Paying for prescription drugs is no longer a problem just for poor people. (nybooks.com)
Prescription drugs are unaffordable and new drugs and devices often are approved without being proven safe and effective. (citizen.org)
Prescription drug pricing in the United States is unregulated, which means that Big Pharma can charge whatever it wants for prescription drugs. (truthout.org)
But the correlation between violent crime and the use of these legal, mind-altering prescription drugs is too strong to be ignored, while scientific evidence of the connection continues to mount. (anh-usa.org)
Several states have already passed laws establishing programs that would import prescription drugs from Canada in hopes of passing along savings to consumers. (pa.us)

Innate's previous drug was also an infusion drug that would likely have been covered under 340B's discounts had it not failed its second clinical trial. (thedailybeast.com)

One other drug failed to get approval from Europe after being cleared in the US a few years ago, and that had caused some people to question whether Raptiva would be ultimately approved in Europe," he told swissinfo. (swissinfo.ch)
Mixed in with the pitches for a particular drug-usually featuring beautiful people enjoying themselves in the great outdoors-is a more general message. (nybooks.com)
The result is that more people have to pay a greater fraction of their drug bills out of pocket. (nybooks.com)
Some people try to string out their drugs by taking them less often than prescribed, or sharing them with a spouse. (nybooks.com)
The difference is that people need drugs to live. (worldofdtcmarketing.com)
It exists across continents and is facilitated through a variety of venues, but ultimately, human trafficking is an industry, and it profits from the exploitation of people. (unicefusa.org)
Nicolaas thinks today nothing has really changed: 'The island is still infested with 'narco-complacientes', people who benefit from the drug trade. (tni.org)
We need more humane technology products that put people over profit, and sustainability over scale. (webbyawards.com)
G.O.P. Congressman Dan Burton who represents Indiana, where drug giant Eli Lilly employs thousands of voters has accused the industry of "raping the American people. (cnn.com)
The problem has gotten so out of hand that many people are even considering legalization of one of the most used drugs, marijuana. (bartleby.com)
Our recommendations are designed to ensure that the data that contribute to HIV drug resistance knowledge will be available without undue hardship to those publishing HIV drug resistance studies and without risk to people living with HIV. (cdc.gov)

Both found that industry-funded trials were about four times more likely to report positive results. (medialens.org)
All but two of them showed that industry-sponsored trials were more likely to report flattering results. (medialens.org)
In other words, industry-funded drug trials with negative results tend to be buried, glossed over or otherwise ignored. (medialens.org)
A key index component, Reliance Industries (RIL), also experienced a decline ahead of its Q1 results, which are expected later today. (livemint.com)

Worries are rising about weakening profits and an economy bending under interest rate hikes, but there are also hopes the economy can avoid a severe recession and that the Federal Reserve will take it easier on rates. (timescolonist.com)
On one hand, worries are rising about weakening profits and an economy bending under the weight of hikes to interest rates by the Federal Reserve. (timescolonist.com)

Technology, Industry, Agriculture5

Health Care3

Company's6

Pharmaceutical companies15

America's5

Investigational New1

Companies43

Corporate profits4

According to the National Insti1

Pharma Industry3

Prioritize1

20233

Firms3

20163

Counterfeit drugs2

Billions2

20203

Centers2

Medicare4

Billion12

Market10

Biotech industry3

Prices9

Company19

Tobacco7

High6

Pipeline1

Favor2

Spends2

Executives2

Year13

Alcohol5

Regulators3

Americans6

Maximize1

Importation3

Health6

Research and develop5

Innovation3

Channels Institute2

Reveals1

Development11

Specialty1

Food8

Earnings2

Percentage1

1980s2

Wholesalers2

Medical marijuana1

Major3

Systematically1

Organizations2

Illicit1

Cost5

Made3

Million3

Make3

Profitable1

Hospitals3

Sentences1

Business2

Researchers1

20001

Patients4

Afford3

Commonly2

Guidance2

Prescription drugs6

Clinical trial1

People11

Results4

Hikes2