Tag Archives: Drug

CBO: Pelosi drug pricing bill would save government $345B over 10 years, but stifle new treatments

House Speaker Nancy Pelosi’s bill to let the government negotiate prices on some drugs would save the government $ 345 billion over seven years but stifle innovation of new treatments and cures, according to a new analysis from the Congressional Budget Office. Democrats are likely to use the findings, from an initial report from the… Read More »

Breast cancer drug trial raises hopes

A new type of drug that blocks one of cancer’s escape routes from chemotherapy could be used to treat aggressive breast cancers, a study suggests. Scientists at The Institute of Cancer Research (ICR), London, found the drug could boost the response to chemotherapy in cancers that had become resistant in both cells grown in the… Read More »

Japan drug price reforms risk hurting investment: Bristol-Myers CEO

TOKYO (Reuters) – Japan’s “overly restrictive” drug pricing policies risk diverting foreign direct investment to China and other markets, the chief executive of Bristol-Myers Squibb said on Thursday. The Japanese government made reforms in 2018 that change how its national health system pays for new and innovative drugs. But those changes are not science-based and… Read More »

Leukemia drug shows promise for treating a childhood brain cancer

A drug used to treat chronic myeloid leukemia appears to be more effective at stopping a type of medulloblastoma in mouse models than existing treatments for the deadly pediatric brain tumor, reports a multi-institutional team led by researchers at Skaggs School of Pharmacy and Pharmaceutical Sciences at University of California San Diego. In the study,… Read More »

1 drug company announces details of $5M opioid settlement

The drug company Allergan says its $ 5 million payments divided between two Ohio counties will remove it from a trial scheduled for October on the toll of opioids there. Government officials previously announced the settlement with Cuyahoga (ky-uh-HOH’-guh) and Summit counties. The Dublin, Ireland-based company made its first public statement about the deal on… Read More »