Big Pharma

5 Stories

The Drug Costs $95K. Its Maker 'Dodged' $10B in Taxes

Gilead Sciences' Hep C treatment can run $94,500

(Newser) - A pharmaceutical company that has in recent years made billions of dollars on hepatitis C treatments—the three the FDA has approved range from $75,000 to $94,500 —has been named a "price gouger" and "tax dodger" in a new report . Gilead Sciences, the sixth richest... More »

Pharma Company Still Hasn't Reversed 5,000% Price Hike

Even though Martin Shkreli said they would backtrack

(Newser) - Two weeks ago, Martin Shkreli, the controversial CEO of Turing Pharmaceuticals, said that, following much public pressure, he would dial back his company's 5,000% price hike on a toxoplasmosis drug. But Daraprim, which jumped from $13.50 to $750 per pill, still costs the same amount, Business Insider... More »

We Should Be Thanking Price-Gouging Drug CEO

Vox writer explains why Martin Shkreli is an 'American hero'

(Newser) - If Martin Shkreli is not the most vilified man in American right now, he's in the conversation. (Consider this headline at the Daily Beast : "Martin Shkreli Lowers Drug Price, Is Still an A--hole.") But at Vox , Dan Diamond makes the case that we should all be... More »

America's Most Popular Drug Is... (You Won't Know)

...Abilify, an anti-psychotic that curbs severe mental illness

(Newser) - America's best-selling drug is ... Viagra? Prozac? Nah, it's actually an anti-psychotic called Abilify that comes with two surprising factoids: It's designed to treat severe mental illnesses like schizophrenia and bipolar disorder but is now also widely prescribed for depression, and the FDA can't explain how it... More »

Birth Control Shot for Guys May Be Here by 2017

Long-lasting Vasalgel contraceptive would require just a single injection

(Newser) - There may be another birth control option headed our way, and the guys will get to take the lead on this one. The Parsemus Foundation has tested an injectable, non-hormonal polymer contraceptive on male baboons that appears to successfully prevent pregnancy in females, Medical Daily reports. The procedure, which requires... More »

5 Stories

AROUND THE WEB