Cigna and CVS stocks drop as Trump aims at ‘middlemen’ in broad executive order against major pharmaceutical companies.
Trump Targets Prescription Drug Prices with New Executive Order President Trump made headlines on Monday by signing an executive order aimed at slashing prescription drug prices for Americans by up to 90%. This move had an immediate impact, particularly on shares of companies he dubbed as “intermediate.” At the White House ceremony, Trump stated, “We’ve […]
The abortion pill issue that the pharmaceutical industry wants to hide
A recent study has revealed that women face serious adverse effects from chemical abortions at a rate that is 22 times higher than what the FDA and manufacturers disclose. This calls for federal intervention, as leaving the responsibility to states is insufficient for safeguarding women. If these drugs pose such risks, major pharmaceutical companies should […]
FDA appoints a critic of COVID policies and the pharmaceutical industry to head the vaccines division
The Food and Drug Administration has appointed Vinay Prasad, known for his critical stance on federal Covid-19 policies and a proponent of more rigorous approval processes, to head its vaccine division. He takes over from Peter Marks, who had been with the Center for Biological Assessment and Research until his resignation in March, reportedly due […]
The issue of plastic prescription bottles in the pharmaceutical industry receives a paper alternative.
Have you ever thought about what happens to all those little orange pill bottles after you’ve filled your prescription? Each year, approximately 200 billion of these bottles are produced globally, with a significant portion ending up in landfills. In the United States alone, about 4 to 5 billion plastic pill bottles are discarded yearly. That’s […]
Trump’s pharmaceutical tariffs will risk the lives of American patients
On April 1st, the Trump administration investigationWhether importing drugs poses national security risks. Considering a relatively short periodPublic CommentsThe answer seems to be a natural conclusion. Customs duties are expectedMid May. These obligations are not just a waste of financially. It slams the US healthcare system. Furthermore, unlike the “mutual” tariffs announced on April 2nd, Commerce […]
US begins inquiry into pharmaceutical and chip imports in bid to impose tariffs | Trump administration
The Trump administration has launched an investigation into drug and semiconductor imports as part of its bid to impose tariffs on both sectors for national security reasons, a notice posted Monday showed. The submission, scheduled to be published on Wednesday, marks the 21-day deadline from that date for submission of public comments on the issue, […]
Why isn’t Ozempic on Australia’s Pharmaceutical Benefits Scheme for weight loss? And should it be? | Health
Drugs sold to treat type 2 diabetes, such as Ozempic, have been shown to be effective for users to lose weight. People who take medicine for weight management say that a certain “food noise” disappears, improving mental and physical health. However, due to costs and supply issues, the company urged the government to intervene in […]
China Using ‘Health Silk Road’ to Monopolize Africa’s Pharmaceutical Market
China's plan to expand its pharmaceutical industry along the “Health Silk Road” – a trade and investment route created by the Belt and Road Initiative (BRI) – was announced on Monday, with Shanghai Fosun Pharma starting the first phase of new manufacturing. announced and took a step forward. The Ivory Coast factory is scheduled to […]