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pharmaceutical industry

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BioNTech COVID-19 vaccine production facility in Reinbek

Health Sep 25

COVID-19 vaccine boosters could mean billions for drugmakers

By Tom Murphy, Associated Press

Health Jul 20

Federal data shows 76 billion opioid pills were distributed from 2006 to 2012. Photo by Education Images/UIG via Getty Images
U.S. opioid lawsuits on verge of settlements with 4 companies

Full details of the settlement involving AmerisourceBergen, Cardinal Health and McKesson could come this week but it could take months to get final approval from state and local governments.

By Geoff Mulvihill, Associated Press

Health Dec 08

U.S. is taking final steps to review the first COVID-19 vaccine. Here’s what’s next

The Food and Drug Administration posted a positive review of the Pfizer vaccine on Tuesday and will hold a public hearing on Thursday. The Associated Press has a look at the process.

By Associated Press

Health Jan 23

Former Insys Therapeutics Chairman sentenced for role in opioid scheme

The founder of an Arizona pharmaceutical company has been sentenced to 5 1/2 years in prison for his role in a bribery and kickback scheme that prosecutors said helped fuel the opioid crisis. John Kapoor, the 76-year-old former chairman of…

By Collin Binkley, Associated Press

Health Jul 12

The Trump administration’s move to shelve a plan aimed at lowering drug prices, explained

This week, the Trump administration reversed its position on reforming the drug rebate system. Analysts and advocates say there may be better approaches to lower out-of-pocket costs.

By Laura Santhanam

Apr 24

Watch 6:14
How federal case against drug distributor could change opioid fight

Amid the ongoing opioid epidemic, drug manufacturers, doctors and pharmacists have all come under fire. But it's a drug distributor, a company called RDC, at the center of a new federal criminal case that equates its business operations with illegal…

Continue watching

Feb 26

WATCH: Drug companies ‘bear none of the consequences’ of skyrocketing prices, Sen. Wyden says

By Ricardo Alonso-Zaldivar, Matthew Perrone, Associated Press

The hearing marks the first time lawmakers have called top industry executives to account for rising prices that are squeezing Americans.

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Jan 14

House Democrats announce they are investigating drug pricing

By Ricardo Alonso-Zaldivar, Associated Press

House Democrats announced a sweeping investigation Monday of the pharmaceutical industry's pricing practices, jockeying for the upper hand with the Trump administration on an issue that concerns Americans across the political spectrum.

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Aug 11

Watch 11:08
Do prescription drug middlemen help keep prices high?

By Megan Thompson, Mori Rothman

Americans pay more for prescription drugs than any country in the world, and the pharmaceutical industry earns billions in profits each year. Critics blame pharmacy benefit managers, or PBMs, for a portion of those high costs through their role as…

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Jun 30

Justice Department announces crackdown on fraudulent opioid prescriptions

By Lev Facher, STAT

Federal agencies on Thursday announced charges in what Attorney General Jeff Sessions called “the largest health care fraud takedown in American history,” an investigation into over $2 billion in alleged fraud by doctors, pharmacists, and nurses.

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