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NEW REPORT: Big Pharma Hikes Drug Prices in Midst of COVID-19 Crisis
WASHINGTON, DC –– According to a new analysis by Patients For Affordable Drugs, drug companies raised the list prices of 245 drugs by an average of 23.8 percent since the first case of the novel coronavirus in the U.S. was reported in January. The research found that 75 percent of those price hikes were drugs […]
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Kaiser Health News: Drugmakers Tout COVID-19 Vaccines To Refurbish Their Public Image
KEY POINTS: J&J and the rest of the pharmaceutical industry have seized on the coronavirus crisis as a way to polish an image tarnished by unaffordable medicine, patent lawsuits and an addiction epidemic. On April 16, Moderna, a small biotech company, said it will receive up to $483 million in federal funds to speed the development of […]
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AXIOS: Drugmaker tripled the price of a pill as it pursued coronavirus use
KEY POINT: “The price hike coincides with the company’s push to get its drug to more patients — specifically those diagnosed with COVID-19.” Washington, DC – This month, Jaguar Health more than tripled the price of its lone FDA-approved drug, right after asking the federal government to expand the use of its drug to coronavirus […]