Stories tagged: pharmaceuticals
UPDATED: Wed., Feb. 15, 2017, 5:12 p.m.
Surge in drug price won’t pose threat to heroin overdose patients in Washington
A dramatic price hike for one form of naloxone has some people upset, but Washington health and law enforcement agencies said it’s not affecting their ability to provide care.
UPDATED: Thu., Jan. 19, 2017, 11:06 p.m.
Costco agrees to pay $11.75 million over federal allegations that it improperly filled prescriptions
As part of a federal investigation that started in Spokane, Costco Wholesale has agreed to pay $11.75 million in civil fines to settle federal allegations that it improperly filled prescriptions …
Wed., Jan. 18, 2017, 10:43 a.m.
Secret rebates erode drugmaker revenue, industry study says
Branded drug companies’ share of total U.S. spending on their products is declining, in part because of an increase in secret rebates paid to middlemen, according to an analysis sponsored …
Mon., Dec. 5, 2016
People susceptible to the placebo effect may be keeping us from getting new drugs
And ever since the 1960s, the U.S. government has required inert placebos as a comparison in clinical trials to determine whether a potential drug is effective or not. Since the …
Mon., April 4, 2016, 3:53 p.m.
Access to free or low-cost medicines helps reduce ER and hospital use, Spokane study finds
Giving patients access to no-cost or low-cost prescription medicines reduces hospitalizations and emergency-room visits, a study done in Spokane found.
Wed., Aug. 28, 2013
Idaho recovers Medicaid overcharges
BOISE – Idaho has recovered more than $28 million from prescription drugmakers who overcharged the state’s Medicaid program. The recovery, after six years of litigation, came as the state settled …
Sun., March 24, 2013
Cheney family caught in Medicare quirk after kidney transplant
WASHINGTON – Like many high school graduates, Katelynn Janes, of Cheney, made big plans last June: move out of the house, study psychology and eventually counsel young people who have …
Thu., Sept. 3, 2009
Pfizer fined $2.3 billion
In the largest health care fraud settlement in history, pharmaceutical giant Pfizer must pay $2.3 billion to resolve criminal and civil allegations that the company illegally promoted uses of four …
Tue., March 31, 2009
Multidrug heart pill shows promise in study
Take a little aspirin, add one part low-dose cholesterol medicine and three parts low-dose blood pressure medicine. Put it in a single pill and give to everybody over the age …
Tue., March 10, 2009
Deal would give Merck No. 2 status
TRENTON, N.J. – Merck & Co. is buying Schering-Plough Corp. for $41.1 billion in a deal that gives Merck key new businesses, access to a promising pipeline of new products …
Sun., Feb. 15, 2009
FDA approves new gout drug
WASHINGTON – The Food and Drug Administration has approved the first new treatment for gout in more than 40 years, a company said Saturday. Takeda Inc. said Uloric, a once-daily …
Tue., Jan. 27, 2009
Pfizer to buy rival Wyeth, cut 10 percent of workers
TRENTON, N.J. – No. 1 drugmaker Pfizer Inc. said Monday it is buying No. 12 Wyeth for $68 billion in a deal that ultimately will wipe out nearly 20,000 jobs …
Tue., Jan. 20, 2009
Where are all the miracle medicines?
Drug companies justify the high cost of prescription medicines to help pay for breakthroughs of the future. One company even advertises: “Today’s medicines finance tomorrow’s miracles.” The implication is that …
Wed., Dec. 24, 2008
Drug pairings often risky, study warns
CHICAGO – At least 2 million older Americans are taking a combination of drugs or supplements that can be a risky mix – from blood thinners and cholesterol pills to …
Thu., Aug. 21, 2008
No drugs in Spokane water
Responding to a national report earlier this year that traces of pharmaceuticals are showing up in America’s drinking water, the Spokane Water Department has spent about $3,000 to test the …