Tag Archives: Drug

Cutting US drug prices to match rates in other countries could save $73 billion on medicare

Cutting US drug prices to match rates in the UK, Japan and Canada would save Medicare tens of billions of dollars, study suggests On average, drugs commonly used by Medicare beneficiaries cost over four times more in the US than in the UK  The same drug may be anywhere from 30 percent to 7,000 percent… Read More »

FDA approves drug to combat postpartum depression

The Food and Drug Administration approved the first drug designed specifically for postpartum depression treatment Tuesday. Zulresso, Sage Therapeutics’ first product, is administered as an IV infusion by a professional in a certified healthcare facility. While the treatment lasts more than 60 hours, it reportedly starts working within days. Patients must be monitored during the… Read More »

Pharma CEOs Walk Into a Congressional Hearing to Defend High Drug Prices…

The top executives of seven drugmakers appeared before the Senate Finance Committee to explain why prescription meds are “outrageously expensive,” as Senator Ron Wyden (D-Oregon) put it, especially when compared with the prices of drugs in other countries. The result? Pharma leaders shifted the blame to the insurance industry and pharmacy benefit managers, NPR reports.… Read More »