Tag: Drug Prices

Canadian Government Finalized Amendments to Drug Pricing Regulations

The government of Canada announced final amendments to drug-pricing regulations that aim to better protect Canadians from patented drugs’ excessive prices with new regulatory tools. The final amend...

Russia’s Federal Antimonopoly Service Suspects Three Moscow Pharma Distributors of Price Fixing

FAS Russia
Russia’s Federal Antimonopoly Service (FAS) supported by law enforcement bodies has initiated the check of three Moscow’s pharma distributors on suspicion of cartel agreement over cancer medication su...

Russia Established Life-Saving Drugs Price Control Order

drug-prices
A bill establishing a procedure for regulation of prices for vital and essential medicines has become law. A version of the document signed by Russian President Vladimir Putin has been published on th...

Russian Ban of Ethyl Alcohol for Making Pharma Products Will Not Affect Prices

drug-prices
The proposed ban on the use of food-grade ethyl alcohol for making alcohol-containing pharmaceutical products and medical devices will not influence their price. The introduction of the changes wil...

India’s NPPA Reduced of Anti-Cancer Drugs’ Prices by 87%

In a big relief to cancer patients and their families, the retail prices of nine anti-cancer drugs have been reduced by up to 87 per cent by the National Pharmaceutical Pricing Authority (NPPA).  T...

Indian Pharma Representatives Deny Allegations of Price Fixing in US

Indian pharma majors Dr Reddy's, Workhardt, Aurobindo and Glenmark, which are among the generic drug makers named in an anti-trust lawsuit in the US, May 14 denied allegations of engaging in conspirac...

U.S. States Accuse 20 Drug Companies of Price-Fixing

U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19 other drug companies to inflate drug prices - sometimes by more than 1,000% - and stifle co...

Big Pharma Resist Calls for Medicine Prices’ Transparency

The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) says health activists’ call last week for greater transparency on medicine prices could backfire, and drive up dru...

Pakistan Demands Pharma Companies to Slash Prices

Pakistan Medical Association (PMA) demanded the pharmaceutical companies to reverse medicines recent price hike. In a meeting chaired by PMA Multan chapter president Dr Masoodul Hiraj here Wednesda...

Executives Blamed High Drug Prices on the Big Pharma

Patients are paying increasingly higher prices for medication in the US but the nation’s largest pharmacy benefit managers (PBMs) deny that the industry’s so-called backdoor deals with drugmakers are ...

Lilly Launches Low-Priced Insulin

Authorized generic version of Humalog will be available in U.S. pharmacies at 50 percent lower list price. Reinforcing the commitment to lower out-of-pocket costs for people who need insulin, Eli L...

Drug Pricing Pressure Remains

Latest annual outlook report, ‘The State of the Biopharmaceutical Industry – 2019’, reveals that 51% of global industry respondents believe that drug pricing and reimbursement constraints will have th...

Low-Priced Generics Face Shortages

The lowest-priced generic drugs are more likely to experience shortages, according to a study published in the November issue of Value in Health. Chintan V. Dave, Pharm.D., Ph.D., from Brigham and ...

Big Pharma Companies to Raise Drug Prices in January

Novartis AG and Bayer AG are among nearly 30 drugmakers that have taken steps to raise the U.S. prices of their medicines in January, ending a self-declared halt to increases made by a pharma industry...