Tag Archives: big pharma news

Biden pushes to end ban on negotiating Medicare drug prices; Big Pharma pushes back

Undoing the ban is the linchpin of President Joe Biden’s healthcare agenda. It would mean lower costs, with savings put into things such as dental coverage for retirees.

As a participant in Medicare’s prescription drug program, Florida retiree Donna Weiner would like to pay less for her medicines, which cost her about $6,000 a year.

And as a retired accountant who spent 50 years handling the books for companies, she sees a way to get there.

“You know from working in a business that it makes no sense for an administrator of a plan or a company not to be involved in what they have to pay out,” said Weiner, who lives in Longwood, Florida, near Orlando.

For Medicare “to negotiate those prices down would be thousands of dollars back in my pocket every year,” she said.

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Scott, Campbell counties hop on board Big Pharma racketeering lawsuit train


Two East Tennessee counties are now on board to join a growing and fast-moving national effort to use federal racketeering laws to hold drug makers, distributors and dispensers accountable for creating and fostering the opioid epidemic in the United States, records show.

Government leaders in Campbell and Scott Counties have authorized the filing of lawsuits in U.S. District Court against the firms that make, distribute and dispense opiate prescription painkillers.

The law firm Jessee & Jessee filed the first such legal action in the federal Eastern District of Tennessee on behalf of Campbell County earlier this year. The law firms Lieff Cabraser Heimann & Bernstein and Taylor & Knight filed a similar action on behalf of Scott County late last week.

Full Read – https://www.knoxnews.com/story/news/crime/2018/03/06/scott-campbell-counties-opioid-epidemic-big-pharma-racketeering-lawsuits/399172002/

Drug companies want to dismiss Ohio’s lawsuit over opioid epidemic

CHILLICOTHE, Ohio – Companies that make prescription opioids want a Ross County Common Pleas judge to dismiss a lawsuit filed by Ohio Attorney General Mike DeWine that charged them with stoking Ohio’s opioid epidemic by fraudulently marketing their products.

Legal briefs filed by Purdue Pharma, which makes Oxycontin, say U.S. Food and Drug Administration requirements for its products preempt Ohio law, and DeWine’s lawsuit also failed to prove the company’s actions caused the harm he cites.

“The State does not identify a single physician who prescribed one of Purdue’s opioid medications to any patient when it was allegedly medically unnecessary, much less, a physician who did so because of Purdue’s allegedly misleading marketing or promotional materials,” the company’s legal filings say.

Read Full – http://www.cleveland.com/metro/index.ssf/2017/09/drug_companies_want_to_dismiss.html