(WASHINGTON) -- Senators grilled chief executives from three top pharmaceutical companies over prescription drug prices during an hourslong committee hearing Thursday on Capitol Hill.Members of both major political parties bemoaned drug prices they consider too high, but liberals and conservatives revealed differences in their views... Read More.
(NEW YORK) -- Martin Shkreli's lifetime ban from the pharmaceutical industry was upheld by a federal appeals court in New York on Tuesday.A three-judge panel of the 2nd U.S. Circuit Court of Appeals ruled Shkreli was punished appropriately for antitrust violations.Shkreli increased the price... Read More.
(WASHINGTON) -- A historic multibillion-do7llar settlement with OxyContin-maker Purdue Pharma hung in the balance at the Supreme Court on Monday as victims of the nation's opioid epidemic urged the justices to approve the deal over opposition from the Biden administration, which warned it would... Read More.
(WASHINGTON) -- The U.S. Supreme Court on Thursday temporarily blocked Purdue Pharma's plan to emerge from bankruptcy that shielded the founding Sackler families from liability in the nation's opioid epidemic.The application for a stay, brought by the U.S. Department of Justice, was presented to... Read More.
(WASHINGTON) -- One of the nation's largest wholesale distributors of prescription drugs failed hundreds of thousands of times over the last decade to report suspicious orders of opioids, fueling the country's opioids epidemic by putting profits over safety, federal prosecutors said Thursday.AmerisourceBergen and two... Read More.
(NEW YORK) -- Martin Shkreli, who was derided with the nickname "Pharma Bro" after he hiked the price of a lifesaving drug, and who flaunted his pricey purchase of a one-of-a-kind Wu Tang Clan album, is out of prison, his lawyer said Wednesday.Shkreli had... Read More.
(NEW YORK) -- Television personality Dr. Mehmet Oz, who is running for the U.S. Senate in Pennsylvania, has a considerable financial stake in major pharmaceutical firms and Silicon Valley giants, newly released records show -- despite railing against "Big Pharma" and "Big Tech" on... Read More.