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Thursday, February 27, 2020
Drugmakers to pay $70 million over offers to keep inexpensive generics off the marketplace

Drugmakers to pay $70 million over offers to keep inexpensive generics...

Enlarge / A Teva facility in France. With four settlement agreements, the state of California will get nearly $70 million from pharmaceutical companies that allegedly cut illegal deals to keep affordable generic drugs off the market, shielding pricey brand-name products from competition. The settlements also include injunctions that temporarily prevent the drugmakers from entering into…
Shkreli remain in prison; Notorious ex-pharma CEO rapidly loses appeal

Shkreli remain in prison; Notorious ex-pharma CEO rapidly loses appeal

Enlarge / Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, center, listens while his attorney Benjamin Brafman, right, speak to members of the media outside federal court in the Brooklyn borough of New York, US, on Friday, Aug. 4, 2017. In a swift 3-0 vote Thursday, a panel of judges in a New…
DEA tracked every opioid tablet offered in the United States. The information is out– and it’s dreadful

DEA tracked every opioid tablet offered in the United States. The...

Enlarge / Members of the International Brotherhood of Teamsters hold signs while protesting during the McKesson Corp. annual meeting at the Irving-Las Colinas Chamber of Commerce in Irving, Texas, US, on Wednesday, July 26, 2017. Between 2006 and 2012, opioid drug makers and distributors flooded the country with 76 billion pills of oxycodone and hydrocodone—highly…
Sackler behind OxyContin scams provided twisted, overwhelming defense

Sackler behind OxyContin scams provided twisted, overwhelming defense

Enlarge / BOSTON, MA - JANUARY 25: Families who have lost loved ones to the opioid crisis protest in front of Suffolk Superior Court in Boston as lawyers for Purdue Pharma enter the courthouse for a status update in the Attorney General's suit against Purdue Pharma. Richard Sackler turned to verbal acrobatics and leaps in…
Drug business are resting on generics–43% of just recently authorized aren’t for sale

Drug business are resting on generics–43% of just recently authorized aren’t...

Of the more than 1,600 generic drugs approved by the Food and Drug Administration since January of 2017, more than 700—or 43 percent—are not for sale in the US, according to a new analysis by Kaiser Health News. The finding means that many pricy, brand-name drugs are not facing the competition that could help drive…
Insys officer apparently provided lap dance to physician while pressing fatal opioid

Insys officer apparently provided lap dance to physician while pressing fatal...

Enlarge / Former Regional Director Sunrise Lee, a defendant in the Insys trial, exits the John Joseph Moakley United States Courthouse in Boston on January 29, 2019. (Photo by Matthew J. Lee/The Boston Globe via Getty Images) Getty Images/Boston Globe A former regional sales director for Insys Therapeutics allegedly gave a lap dance to a…
Damning court docs reveal simply how far Sacklers went to press OxyContin

Damning court docs reveal simply how far Sacklers went to press...

With the opioid epidemic raging, you may at this point be familiar with Purdue Pharma. It makes the powerful painkiller OxyContin and has been widely blamed for igniting the current crisis. After debuting OxyContin in 1996, Purdue raked in billions using aggressive and deceptive sales tactics, including ratcheting up dosages of the addictive opioid while…
Huge Pharma spend $20 B each year to schmooze docs, $6B on drug advertisements

Huge Pharma spend $20 B each year to schmooze docs, $6B...

Talk with your doctor… It’s a common refrain at the end of any drug advertisement or disease awareness campaign. Ostensibly, it seems like a responsible suggestion. Talking with your own trusted doctor can help determine if a new drug really is right for you or if you may be suffering from an undiagnosed disease. You…
“Frightening” truth: Medications polluted with bacteria, glass, carcinogens, secret particles

“Frightening” truth: Medications polluted with bacteria, glass, carcinogens, secret particles

Enlarge / What else is in there? An investigation by Kaiser Health News into thousands of recent drug recalls reveals a frightening record of medicines in the US being tainted with dangerous bacteria, mold, glass shards, rubber bits, cancer-causing chemicals, mysterious powders, and worrying metal particles. There were also cases of medications with too much or…
Huge Pharma introduce brand-new year with rate walkings on numerous drugs

Huge Pharma introduce brand-new year with rate walkings on numerous drugs

Enlarge / Ian Read, chairman and CEO of Pfizer Inc. spoke with President Trump last July about pausing drug price hikes. Pfizer now plans to increase prices of 41 of its drugs later this month. More than three dozen drug companies welcomed the new year with sweeping price hikes on hundreds of medicines, according to…

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