Major drug companies took hefty price increases in the U.S., in some cases more than doubling listed charges, for widely used medications over the past … Makers took big price increases on widely used U.S. drugsRead more
Medicine
Posted inEconomics / Medicine / ToMl
Turning Big Pharma into a Rent Extraction Business
The pharmaceutical industry has long enjoyed very generous government support, yet over the last two decades has taken to putting profits (meaning CEO and C-level … Turning Big Pharma into a Rent Extraction BusinessRead more
Posted inEconomics / Medicine / Tax / ToMl
Sanders Demands Treasury Block Pfizer Tax Dodging Deal
In a bid to prevent what has been called the biggest tax evasion scheme of its kind—and others like it—Sen. Bernie Sanders of Vermont has … Sanders Demands Treasury Block Pfizer Tax Dodging DealRead more
Posted inEconomics / Medicine / ToMl / USA Empire
US drug prices doubled since 2011
According to a new report by the pharmacy benefits manager Express Scripts, the average price of brand-name drugs increased by 16.2 percent last year. Between … US drug prices doubled since 2011Read more
Posted inIndia / Medicine / Patent / ToMl
Pfizer’s patent on the pneumonia vaccine in India
Médecins Sans Frontières (MSF) has filed a ‘patent opposition’ in India to prevent US pharmaceutical company Pfizer from getting a patent on the pneumococcal conjugate … Pfizer’s patent on the pneumonia vaccine in IndiaRead more
Posted inEconomics / Medicine / ToMl
Corporations Killed Medicine
Along the path toward the creation of a global capitalist system, some of the most significant steps were taken by the English enclosure movement. Between … Corporations Killed MedicineRead more
Posted inMedicine / Patent / ToMl
After India, China rejects patent claim for hepatitis C drug Sovaldi
In another blow to patent claims made by pharmaceutical giant Gilead Sciences Inc, China has rejected a critical patent application for the hepatitis C medicine … After India, China rejects patent claim for hepatitis C drug SovaldiRead more
Posted inMedicine / Science / ToMl
Basic science disappearing from medical journals
A new study has found a steep decline in the number of scholarly papers about basic science published in leading medical journals in the last … Basic science disappearing from medical journalsRead more
Posted inEconomics / Medicine / ToMl
The Multibillion Dollar Vaccine Market
The business of vaccines is soon to become a major source of profits for the world’s largest pharmaceutical corporations. A press release (Business Wire, January … The Multibillion Dollar Vaccine MarketRead more
Posted inMedicine / ToMl
Big Pharma’s worst nightmare
On a hot August afternoon in 2000, four Americans arrived for a secret meeting at the central London penthouse flat of an Indian billionaire drug … Big Pharma’s worst nightmareRead more