tv Business Deutsche Welle July 30, 2019 1:30am-1:46am CEST
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online. quiet military resumes among the light of the. ready hundreds. risen and when it hits. the mind and the music. to confess and beyond 2019 from september 6th to september 29th. to take. advil lippa tour via agra some of the world's best known drugs could soon be under a new roof we'll tell you why u.s. pharma giant pfizer is spinning off its biggest brands. also on the show like it or leave it europe's top court rules against that ubiquitous facebook like button on
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external web pages. and europe's single labor market has mostly been a boom for member countries with weak job markets but some even citizens are still off the books would mean a romanian day laborer who moved to italy. this is your deed of your business report i'm stephen beers in berlin thanks for joining us us drug giant pfizer is spinning off its older branded medications into a merger with generic drug maker milan and pfizer would have a majority stake in the new business which would both sales of $20000000000.00 annually and own the rights to some of the most familiar brands of the pharmacy including advil biography and cholesterol phillippa tour all of which have lost patent protection making them less profitable a spin off would allow pfizer to focus on newer patent protected medications which are more profitable and it comes as u.s. drug companies face intense political pressure to lower their prices. democratic presidential hopeful bernie sanders is campaigning against high drug prices in the
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u.s. at a pharmacy in canada he's joined by diabetes patients who cross the border with him to buy insulin one vial costs 340 dollars in the u.s. in canada it's just 30. many americans are faced with skyrocketing pharmaceutical prices and a congressional oversight hearing in washington to read patients spoke of the impact the prices are having on their lives what are we willing to pay to save a life and well that's easy when it's your child's ability to live to breathe when it's your wife's diabetes when it's your own cancer the answer is anything but that's the wrong question the question we should be asking is what is the right amount of money the drug companies should make on these drugs. pharmaceutical companies are under unprecedented attack us president donald trump has repeatedly criticized the drug makers for charging more in the u.s.
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than in any other country the cost of medicine in this country is outrageous. to bring prices down he wants pharma companies to include the list price of drugs and t.v. ads the idea companies will think twice if they have to advertise their medicine at extremely high prices reuters reports the trump is also considering an executive order that would cut prices on virtually all subscription drugs drug makers say lower prices could innovative research but opponents question this wherever the truth lies it appears that things are coming to a head. and let's go to our financial correspondent in new york jose luis de haro who is a major pharmaceutical spinoff you know what exactly does this do for pfizer. improviser is a case of stephen does deal is part of the company's goal to separate the new or dogs still protected by a patent in most cases a mature product truly lost those are rights.
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by doing these devaluation of new soli own buys are shooting have been pretty bold the revenues and pfizer currently full rearranging the mold after buying lots of. cancer treatments for over $10000000000.00 also to company combining consumer health business with glaxo smith kline which could eventually be a spoon to deal with pretty consistent with current a strategy it is also attractive. it's a buy low was a mile and shares were down more than 75 percent from their 2015 peak before deal peroration was announced. now say we saw briefly there is such a price pressure on us pharmaceutical companies right now and that includes milan which is been criticized as well what does this merger do for them. i
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actually as stephen mylan has been one of the most controversial publicly traded a health care company by some analysts. most significant his specialty. was because of concern even among legislators here in the us before generic competition and speaking of generic. drug buying groups has led to falling prices for manufacturers such as milan that's why they called penny has been trying to develop more complex generics and copious biotech drugs because they lose to her with a look into a big health care story there thank you jose. alternative meat products company beyond meat saw its 2nd quarter revenue break passed estimates to more than $67000000.00 now that's $15000000.00 more than analysts had anticipated and beyond meat said it expects that trend to continue amid strong demand for the company's plant based burgers and sausages is forecasting a revenue gain of
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a whopping 170 percent on its full year revenue to $240000000.00 for. you know that little facebook like button in the corner of so many websites well it's but at the center of a very big court case in europe for several years now the question whether web sites need to inform visitors that that little button is sending data to facebook even when it's not activated europe's highest court today said yes they do take a look. it's yet another privacy involving facebook the social media giant detailed information about customers on brooke's fashion website fashion i.e. whether they like that or not here's how it went the online vendor displayed facebook's like button on its website once the 3rd party site was opened by unassuming customers the site sense data to facebook information on the user's ip address browser settings and prowse
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a history this process worked whether or not the customer had ever clicked the like button now europe is making both the 3rd party site and facebook responsible for protecting the users privacy the use highest court had this to say about who has to act there but i did once the owner of a website in this case fashion id implements a social media plugin on their site they can be seen as responsible with regards to the safekeeping or transfer of any personal data. is invented. which means website operators are responsible for collecting and providing data while they are not responsible for social media platforms subsequent use of such data they have to give customers the chance to opt in to any possible distribution of their data. a cornerstone of the e.u.
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is freedom of movement the right to live and work anywhere in the bloc of course that doesn't guarantee you a decent job some laborers turn to illegal work even though the pay can be pretty pathetic. it's 5 30 in the morning in buffalo on the outskirts of rome. this is where day laborers wait for someone to offer them work most of them from rumania. van pulls over. one of the men climbs in discreetly of course the police could show up any minute. here to stay behind and keep on waiting most of the time in vain basically said construction sector is in crisis petra condron oh you had no luck finding with this morning his unlucky streak has lasted for over a week now. the automobile and it would i'm off the
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books all employers prefer that so they can avoid paying taxes insurance which they would rather take you as an undeclared worker sometimes i don't get paid at all when you they say don't pay to morrow. and then they never show up again. if you're less than a good gamble money oh well like the 63 year old well that has been trying his hand you a few years but with less and less success. he says a while ago his wife left him with their 2 children. since then he's been living at the edge of the city in this makeshift cut. every evening petra goes to bed early. i have to wake up at 430 if he wants a chance of getting any work tomorrow. god what a curse of life this is patrick andriano you was looking for a better life when you set out from romania to italy many years ago this is where
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he used to live in the village of s. and. now his house is abandoned his family has moved away many other houses stand empty here the village appears deserted the local bar is the only place left with a bit of life in it here they remember their former neighbor great on they said there was no point staying here now he's earning his daily bread and everything else who needs. your cricket. i think it's better to stay here. on our romanian fields at least here you can get some cheap cheese even if romania is poor. back in rome. like every morning patrick andriano you is openly driven by the hope of earning a few years as today. one of europe's biggest urban development projects is
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finally getting the green light in madrid after over 2 decades of deadlock surrounding the 7300000000 euro scheme the sprawling site is is in the north of the spanish capital the plan centers around moving the shell martina underground train station to create a park over $10000.00 housing units and offices the city says will bring billions of euros into the region and create nearly a quarter of a 1000000 jobs. and that's it for me in the business team as with all of these stories you can find more online at www dot com slash business on facebook and twitter. and thanks for watching.
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a place in the names of as captain of the line of the party almost to sing along to you is the come from soup when seats. for. interactive exercises. everything is online mel file and interactive benjamin for free but didn't tell you. some people don't care about me. because they don't see my beauty. some people don't care about me because they think i have nothing to give. but 2000000000 people do. to them i am everything. their homes. their food. their livelihood. but day by day i disadvantage. and so does everything i give.
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2000000000 people who care about me. me me me. and now. i need guinea. welcome to the news from the world of arts and culture i'm robin merrill we're going to be looking at aqua tech techs who specialize in houses on the water also coming up in our continuing series $100.00 german must read a wannabe writer spirals into drug addiction. and
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see the world through the unique perspective a british photographer caught in. the. years. many people dream of living on the water here in europe that tends to mean a canal boat or something similar but how about a real house with almost kongs and and up stairs and down stairs of course the experts at living on the water the dots we've been to a housing complex in amsterdam that float on the homes are environmentally friendly as well. living on water in the city center one day more than 100 people will live on the site canal in amsterdam. mach 3 then his wife yvonne fahnestock are among the 1st residents.
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