Tag Archives: prices

Teva drops 16% after states accuse drugmaker of conspiring to hike generic drug prices

U.S. traded shares of Teva Pharmaceutical plunged more than 16% Monday after state prosecutors accused the Israeli company of orchestrating a sweeping scheme with 19 other drugmakers to inflate drug prices in the U.S. Shares of drugmakers Mylan and Pfizer, which were also named in the lawsuit, were trading 9.6% and about 1% lower in… Read More »

Klobuchar says Obamacare was a missed chance to tackle high drug prices

Sen. Amy Klobuchar, D-Minn., said Friday that the Obama administration missed the chance to put Big Pharma in its place when it drafted Obamacare. “I would have liked to see this be part of the Affordable Care Act,” Klobuchar said of drug pricing measures in an appearance on CNN. “But it wasn’t, in part because… Read More »

J&J raises U.S. prices on around two dozen drugs

NEW YORK (Reuters) – Johnson & Johnson (JNJ.N) raised U.S. prices on around two dozen prescription drugs on Thursday, including the psoriasis treatment Stelara, prostate cancer drug Zytiga and blood thinner Xarelto, all among its top-selling products. FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake… Read More »