Pharmaceutical Industry

Pharmaceutical Industry

While the Federal Government Twiddles its Thumbs, States Take Action on Reining in Drug Prices

On the issue of out-of-control drug pricing, the federal government has been all talk and virtually no action. In an interview published this week on STAT News, former California congressman Henry Waxman – currently chairman of the lobbying firm Waxman Strategies, which works on health care policy – said,...

Another Fox to Guard the Henhouse: Meet HHS Nominee Alex Azar

Back in October, Donald “I'm Gonna to Drain the Swamp” Trump used his favorite metaphor, stating that “Drug companies, frankly, are getting away with murder.” Pointing out the obvious, he added, “Pharma has a lot of lobbies and a lot of lobbyists and a lot of power.” Then, keeping...

Scientists Discover Another Long-Term Consequence of Excessive Antibiotic Use

The rise in antibiotic-resistant infections caused by “superbugs” has been widely reported in recent years – most of it due to the overuse of antibiotic medications. Last year, a report from the United Nations warned that if the issue was not addressed, antimicrobial resistance could result in 10 million...

“Avatar Therapy” – Another Non-Drug Treatment for Schizophrenia

Big Pharma may not like the results of a study that came out of the UK this week – but it is good news for approximately 21 million people across the world who suffer from schizophrenia and have been undergoing treatment with costly, dangerous and – in 25 percent...

Big Pharma’s Price Gouging – it’s Not Just in the U.S.

Price gouging – charging obscene markups on life-saving medications affects more than just U.S. health care consumers, even though they get the direct brunt of it. Nor are U.S. pharmaceutical companies alone in this egregious practice. Recently, a Canadian drug maker found itself facing accusations in the UK for...

Taking Zostavax For Shingles? The CDC Says You Should Take Something Different

Earlier this year, plaintiffs who took a vaccine for shingles, known as Zostavax, began filing lawsuits against drug manufacturer Merck & Co., claiming as little as a single dose resulted in serious injuries that include blindness, paralysis, and brain damage. In some cases, the drug was fatal.The complaint states...

FDA Approves New Treatment for Hemophilia – With Caveats

Swiss pharmaceutical company Roche scored a victory this week as the FDA granted its approval for a new treatment for hemophilia – but that approval came with a black box warning.Hemophilia is a condition in which a person's blood lacks particular clotting factors. Without treatment, even a small cut...

American College of Cardiology Revises Definition of High Blood Pressure Downward: is it Real, or is This a Ploy by Big Pharma to...

Prior to last weekend, if your blood pressure was no more than 140/90, you were considered to be okay. However, 15.6 million people across the U.S. woke up Monday morning to discover they suddenly had hypertension when they had no problem with it before.This was the result of...

2018 National Defense Authorization Act Allows Defense Department to Sidestep the FDA – Is This a Good Idea?

Over the Veteran's Day weekend, Congress was busy finalizing the National Defense Authorization Act (NDAA) for fiscal year 2018. Within that legislation is a disturbing provision that essentially allows the Department of Defense to sidestep the Food and Drug Administration.Page 4 of the conference report “Authorizes the Assistant Secretary...

Could a Form of Electromagnetic Therapy Replace Antidepressant Medications?

This could be bad news for Big Pharma, for which sales of antidepressant medications bring in billions of dollars in profits – but it is potentially good news for the approximately 16 million people in the US who suffer from chronic depression. Doctors working at UCLA's Semel Institute for...