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The Insulin Empire
Insulin transforms a sick body. It also has the potential to reconstitute our political economic realities. By Edward Ongweso Jr., Athena Sofides
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Katie Porter PRESSES pharma CEO on industry's lies
Big pharma maintains drugs prices are massive because of the cost of drug R&D.
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Drug price spikes still unchecked, five years after controversy
The current debate over expensive prescription drugs caught fire after a notorious 2015 episode, when the price of a cheap, lifesaving drug was jacked up by more than 5,000 percent and the pharmaceutical executive behind it seemed to revel in the outrage over his decision.
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With no prospects for profits, big pharma neglects new infectious diseases
More companies are shifting resources away from emerging infectious diseases into more lucrative areas like cancer. What does this mean for Covid-19?
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OxyContin maker Purdue Pharma files for bankruptcy protection
OxyContin maker Purdue Pharma LP filed for bankruptcy protection in New York Sun...
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Big Pharma is using faux generics to keep drug prices high, critics say
Drug makers have mastered gaming the system to beat generic competition, critics say.
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Johnson & Johnson faces multibillion opioids lawsuit that could upend big pharma
Oklahoma is holding the drug giant with the family-friendly image responsible for its addiction epidemic
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The absurdly high cost of [U.S.] insulin, explained
Colorado just became the first state to cap the price of insulin at $100 per month. By Julia Belluz.
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Five more states sue OxyContin maker Purdue Pharma for opioid epidemic
Four of the states — Iowa, Maryland, Wisconsin and West Virginia — also sued the company's former president Richard Sackler.
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Top Executives of Insys, an Opioid Company, Are Found Guilty of Racketeering
The defendants were accused of conspiring to bribe doctors to prescribe a fentanyl-based painkiller and misleading insurers about patients’ need for the drug. By Gabrielle Emanuel, Katie Thomas.
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Jot Jinx
I’m not sayin I jinxed it, but I was home sick today. Then I was at the doctor’s office sick. Then I was at the pharmacy sick before being home sick again. I feel much better. Mostly I&…
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Family behind OxyContin maker engineered opioid crisis, Massachusetts AG says
In a lawsuit, the state targets eight members of the Sackler family.
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Big Pharma spent an additional $9.8 billion on marketing in the past 20 years. It worked
If you’re in the US and it feels like you’ve been seeing more drug ads recently, it’s because you have. According to a study published Tuesday (Jan. 8) by researchers at Dartmouth College, total spending on marketing for condition awareness, health services, lab testing, and drugs ballooned from $17.7 billion annually in 1997 to almost $30 billion in 2016. The vast majority was spent by pharmaceutical companies on marketing prescription drugs—and the investment worked.
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Sackler family members face mass litigation and criminal investigations over opioids crisis
Suffolk county in Long Island, New York, has recently sued family member, and Connecticut and New York are considering criminal fraud and racketeering charges against leading family members
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OxyContin Billionaire to Sell Drug to Get You Off OxyContin
Pharmaceutical billionaire Richard Sackler, whose family-owned company Purdue Pharma created the notorious drug OxyContin, has been granted a patent for a new drug designed to help wean people off that highly addictive opiate. Purdue has been named as one of the key drivers in an opioid epidemic that is killing tens of thousands of Americans every year. The Financial Times reports that Sackler now stands to make millions more dollars from a milder opiate that would be sold to people addicted to more powerful drugs like heroin or OxyContin.
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Amazon is already undercutting prices on over-the-counter pills
As pharmacy chains await Amazon.com Inc.’s entry into the prescription-drug market, the online retail giant is already undercutting them for nonprescription medicine for aches, colds and allergies.
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These New Pharma Bros Are Wreaking Havoc on Prescription Drug Prices
A Chicago-based duo is selling a simple strategy — and companies they’ve worked with have raised prices on drugs as much as 4,116%.
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Question0 +1
Why are Online Pharmacies Cheaper?
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+20 +1
The Poison We Pick
The scale and darkness of this epidemic is a sign of a civilization in a more acute crisis than we knew. By Andrew Sullivan.
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In two years, drug giant McKesson shipped 5 million pain pills to town of 400, House panel says
In just two years, drug giant McKesson Corp. shipped nearly 5 million prescription painkillers to a single pharmacy in a Southern West Virginia town with 400 residents, according to a letter released Thursday by a congressional committee investigating the opioid epidemic. McKesson, which ranks No. 5 in the Fortune 500, supplied more than 184,000 hydrocodone pills a month to a drive-thru pharmacy in Kermit in 2006 and 2007, the House Energy & Commerce disclosed in the letter.
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