Does Big Pharma Hike Prices When Meds Are in Short Supply?
TUESDAY, Sept. 18, 2018 (HealthDay News) -- Pharmaceutical companies appear to be engaging in price gouging during drug shortages, with costs rising at double the normal rate when medications are in limited supply, a new study claims.
Prices can be expected to rise about 20 percent for drugs facing a shortage, but only about 9...
California sues maker of Humira, says sales of blockbuster drug boosted through deceptive practices
AbbVie's signature drug Humira is used to treat a variety of autoimmune diseases, including arthritis and psoriasis. (David J. Phillip / Associated Press)
California’s insurance regulator has accused pharmaceutical giant AbbVie of using kickbacks and other illegal practices to boost sales of Humira, one of the best-selling prescription drugs in the world.
Insurance Commissioner Dave Jones...
Feds continue to monitor Medtronic plant in Puerto Rico linked to recall
Investigators continue to probe a Medtronic plant that manufactured a small number of implantable defibrillators with a potentially serious problem, warning letters released last week by the Food and Drug Administration show.
The manufacturing problems at the plant in Juncos, Puerto Rico, that led to the recall happened in the months after Hurricane Maria's devastating...
AbbVie nears settlement in thousands of lawsuits alleging harm by testosterone drug AndroGel
Thousands of federal lawsuits alleging harm from AbbVie’s AndroGel are on the cusp of being settled, marking the end of a long legal saga about the safety of testosterone therapy and the marketing tactics used to promote it.
An agreement has been reached between AbbVie and the plaintiffs on settlement terms, though the final settlement...
This week’s recalls: 1 million GM pickups and SUVs, Bob Evans sausage links, Gravel Ridge Farm eggs
General Motors' recall of more than 1 million full-size pickups and large SUVs for a steering malfunction – along with ones involving sausage and eggs – were the most notable product recalls of the week.
• GM: The automaker is recalling 1.02 million vehicles – certain 2015 Chevrolet Silverado 1500 and GMC 1500 pickups, as...
Is teen vaping really an epidemic? These experts say yes
Something was a little fishy at Jonathan Law High School in Milford, Connecticut.
Kids were disappearing from class for longer and longer times, says Francis Thompson, the school’s principal.
“In the past year or so we’ve noticed an increase in the number of students going into the bathroom and they are spending more time,” Thompson told...
GM to recall about 1.2 million vehicles worldwide
(Reuters) - General Motors Co (GM.N) is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday.
The recall covers certain 2015 Chevrolet, GMC and Cadillac pickup trucks and SUVs, and includes about 1.02 million vehicles in the...
Valsartan: Heart Drug Recalled by FDA Does Not Raise Cancer Risk Short-term
Recently recalled heart drug valsartan does not raise the risk of cancer in the short-term, according to a study.
The U.S. was among 23 countries to recall the drug used to treat high blood pressure and heart failure in July, after officials found traces of N-nitrosodimethylamine (NDMA)—a chemical compound linked to cancer—in products.
After studying...
Study: 28.5 percent of the time doctors don’t write down why they’re prescribing opioids
Researchers who examined hundreds of millions of records of doctor visits in which people were prescribed opioids have found a major gap: 28.5 percent of the time, there is no reason listed for the prescriptions.
Inappropriate prescribing, bad record keeping, or a combination of both were possible reasons for the missing data, according to the...
CDC reports 30 more cases of illnesses linked to Kellogg’s tainted cereal
(Reuters) - Thirty more people have reported sick after eating Kellogg Co’s (K.N) Honey Smacks cereal contaminated with Salmonella, the Centers for Disease Control and Prevention (CDC) said, bringing the total to 130 cases in 36 states.
So far 34 people have been hospitalized, but no deaths have been reported, CDC said on Tuesday, adding...