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Tag: Drug Companies


Martin Shkreli Abandons Promise to Lower HIV Drug Price He Gouged

The disreputable pharmaceutical boss has reneged on an agreement to lower the price of a medication he raised from $13.50 to $750 per pill.

Posted on Nov 26, 2015 READ MORE



Rep. Jason Chaffetz Uses House Leadership Power to Protect His Drug Company Backers

Republican Jason Chaffetz, chairman of the House Committee on Oversight and Governmental Reform, has been accused of protecting drug companies Valeant and Turing Pharmaceuticals from a congressional investigation into alleged price gouging.

Posted on Nov 5, 2015 READ MORE



Late Chemo: Expensive and Unnecessarily Painful

Chemotherapy administered in the last months of life—which offers a boon to profit-seeking drug companies (one month’s supply can cost $10,000 or more)—significantly increased the odds that a cancer patient would require intensive treatment in the last week of life, late referral to hospice care, and death away from their preferred place, an investigation has shown.

Posted on Mar 7, 2014 READ MORE



opensourceway (CC BY-SA 2.0)

The U.S. Has the Best Health Care System in the World—for Drug Companies

Two new articles dive into the ways in which the pharmaceutical industry has gamed the market forces behind U.S. drug prices, and how sweetheart deals between doctors and financing firms are gouging the economically vulnerable.

Posted on Oct 14, 2013 READ MORE



::carlos:capote:: (CC BY 2.0)

Suit Alleges Drug Company Paid Doctors to Shill

Swiss pharmaceutical manufacturer Novartis paid doctors to push three of its products by holding “educational events” on fishing trips and at Hooters restaurants that amounted to little more than parties, according to the federal government.

Posted on May 1, 2013 READ MORE



Flickr / Wootang01

WHO Accused of Overstating Swine Flu Threat

Two reports released Friday are critical of the World Health Organization’s handling of the H1N1 flu pandemic—which was dubbed “exaggeration on stilts”—as well as the fact that some WHO scientists had previously been on the payroll of big drug companies.

Posted on Jun 4, 2010 READ MORE


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