Dems raking in more cash from Big Pharma than GOP despite drug price crackdown
For decades, Democrats have been bashing Big Pharma in campaign ads and stump speeches. The pharmaceutical industry responded by shelling out millions of dollars to liberal candidates. Between 2016 and 2022, the top 10 drug companies donated $29 million to Democrats, but only a fraction to Republicans, according to an analysis by the Conservative Group […]
Novo Nordisk parent buys US drug firm for $16.5bn to expand Wegovy supply | Pharmaceuticals industry
The explosion in demand for the weight-loss drug Wegoby has prompted the holding company of its maker, Novo Nordisk, to buy the US-based drug giant for $16.5 billion ($12.70) and end its production capacity. Novo Holdings has acquired New Jersey-based pharmaceutical company Catalent, which it plans to immediately sell three of its locations in the […]
Oregon lawmakers focus on affordable housing, drug penalties, and summer school
Oregon lawmakers on Monday opened a short legislative session expected to be dominated by plans to overhaul the state’s pioneering drug decriminalization law in the wake of surging homelessness, housing shortages and overdose deaths. They will be convened for the start. Lawmakers have just 35 days to pass the bill. For now, Congressional leaders are […]
Feds seize 1.4 metric tons of liquid heroin in Oregon, arrest 4 linked to Mexico-based drug trafficking ring
Four suspected drug traffickers with ties to a Mexican international criminal organization were arrested in Oregon with multiple barrels of liquid heroin in a moving truck, authorities said Thursday. The U.S. Attorney’s Office for the District of Oregon announced in a news release that the raid was the result of investigators discovering that several individuals […]
Maine drug bust, after suspected house fire was steam from marijuana operation
In a bizarre turn of events in Maine last week, what residents believed was a fire turned into a major drug bust. According to the Androscoggin County Sheriff’s Office, at 11:24 a.m. on Jan. 31, a concerned resident of the Town of Turner called emergency services for a structure fire and possible smoke coming from […]
‘Hootie & The Blowfish’ Singer Darius Rucker Arrested for Drug Offense
Hootie & the Blowfish singer Darius Rucker was arrested Thursday in Tennessee on a minor drug charge. Rucker was arrested on a minor drug offense and charged with three separate misdemeanors, according to law enforcement records.around Yahoo News: The country singer was taken into custody on Thursday, February 1, 2023, at approximately 10 a.m. The […]
Darius Rucker arrested in Tennessee for drug offense
Country star Darius Rucker has been arrested in Tennessee on a minor drug offense, FOX News Digital has learned. The 57-year-old singer was taken into custody Thursday in Williamson County, Tennessee, according to a spokesperson for the Williamson County Sheriff’s Office. Rucker was arrested on two counts of simple possession/casual exchange of a controlled substance […]
Drug price negotiations underway | The Hill
While an offer is an important part of the negotiation process, it is only the first step. The government sent price justifications to companies along with offers. However, H.H.S. Details not disclosed Until a final offer is agreed by September. PhRMA, the industry’s powerful lobby group, said: The public will have no information to understand […]
HHS set to kick off drug negotiation
Companies are 30 days Accept or make a counteroffer. Given the large number of lawsuits filed against the administration by manufacturers and top industry lobbying groups, it is unlikely anything will be accepted without a major fight. The companies claim that the negotiation process is as follows: It is unconstitutional and amounts to forced pricing.which […]
Biogen walks away from controversial Alzheimer’s drug Aduhelm
Pharmaceutical company Biogen announced Wednesday that it will relinquish ownership of its Alzheimer’s disease drug Aduhhelm, which sparked intense criticism of the company and the Food and Drug Administration (FDA) after it was approved in 2021. The company will also halt ongoing post-approval clinical trials ordered by the FDA to determine the drug’s effectiveness in […]