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Feb 21, 2018
02/18
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WCAU
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they are naming names and suing the founders of purdue pharma. they didn't stop there. the defendants trickle down to some of the largest pharmacy chains in the country. patty says her son's fatal heroin overdose is directly related to big pharmaceutical greed. >> $14 billion. that's greed. >> reporter: now camden county says it's time to pay in ground-breaking litigation. they are suing 18 defendants starting with drug companies including family ownered purdue pharma, the makers of oxycontin. >> the members of the sackler family are the lowest form of humans you can imagine. they allege it was a calculated scheme to get patients addicted and pharmacies should have known better than to fill so many prescriptions. >> in our minds are no different than members of a drug cartel that distribute drugs illegally. >> reporter: justin says a high school sports injury led him from painkillers to heroin. >> 17 years old. a full-blown heroin addiction coming to camden city every day. >> reporter: he's in long-term recovery. >> this lawsuit means hope. this means that the stigma of
they are naming names and suing the founders of purdue pharma. they didn't stop there. the defendants trickle down to some of the largest pharmacy chains in the country. patty says her son's fatal heroin overdose is directly related to big pharmaceutical greed. >> $14 billion. that's greed. >> reporter: now camden county says it's time to pay in ground-breaking litigation. they are suing 18 defendants starting with drug companies including family ownered purdue pharma, the makers of...
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Feb 12, 2018
02/18
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KPIX
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also tonight, oxycontin maker srdue pharma says it will no longer promote opioids to doctors. heavy rains swamp the south, but doesn't dampen the mardi gras fun. and two americans make downhill nistory-- striking silver and gold at the olympics. >> i'm still having a really hard time believing it. this is the "cbs weekend news." >> morgan: good evening, i'm demarco morgan. ahey were sightseeing over the grand canyon in a helicopter saturday evening just before sunset when something went etrribly wrong. the helicopter crashed and burned in a steep ravine about erree miles from grand canyon west airport. at least three people are dead, four others are seriously injured. high winds and rugged terrain complicated the rescue efforts. mireya villarreal is near the scene. e> reporter: moments after the crash, witnesses rushed to help. ted fujimoto, a wedding photographer, that happened to be shooting nearby, captured video of the helicopter on fire. the accident happened 73 miles east of las vegas in a remote area known as grand canyon west. as it was pretty bad. it's amazing how the
also tonight, oxycontin maker srdue pharma says it will no longer promote opioids to doctors. heavy rains swamp the south, but doesn't dampen the mardi gras fun. and two americans make downhill nistory-- striking silver and gold at the olympics. >> i'm still having a really hard time believing it. this is the "cbs weekend news." >> morgan: good evening, i'm demarco morgan. ahey were sightseeing over the grand canyon in a helicopter saturday evening just before sunset when...
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find answers to his son's mental health outside your post boundaries of western medicine and big pharma stay to trouble. with your make this manufactured consensus instinctive public wealth. when the ruling classes project themselves. the financial merry go round be the one percent. we can all middle of the room sick. when the real news is really. running. close to the first outing for georgia. to the concerts i was paying to perform i had to actually prepare myself to. oh you don't know said he'd what do you know sorry. as most of. you just know in home. time to. her. this country was. so. what. was it he could. not yes get more depletion. twenty b s k i mean here in the. national governments in various locations still don't even understand what crypto currency is how mining works what bitcoin does and that confusion and that learning curve that they haven't bothered to climb leads to a lot of missed policy choices messed up policy choices and it's just because of a massive confusion out there so little is known about bitcoin except the currencies at all levels of government most level
find answers to his son's mental health outside your post boundaries of western medicine and big pharma stay to trouble. with your make this manufactured consensus instinctive public wealth. when the ruling classes project themselves. the financial merry go round be the one percent. we can all middle of the room sick. when the real news is really. running. close to the first outing for georgia. to the concerts i was paying to perform i had to actually prepare myself to. oh you don't know said...
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Feb 23, 2018
02/18
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BLOOMBERG
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we see the next issuance going forward, because itthat repatriation of cash, is tending to be in pharmatech. jonathan: let's get your market check. points,p three basis down a basis on the tenure. issuance,l of this treasuries have been resilient through the week. still ahead, comments from jay powell. this is bloomberg real yield. ♪ jonathan: i am jonathan ferro, this is bloomberg real yield. coming up, one of the highlights will be jay powell said before congress, and will get a fresh round of economic data, personal spending, and mario draghi and theresa may will be speaking. up, matt, wrap things kathy, and mike, and david rally from bloomberg asset-management. what are we looking for from chairman powell next week? >> i have read every speech he has given and every trans cript. his eyeis going to have on financial stability, more so than other chair people. with that in mind, even though risk today, if situation eases, that will change, and that will encourage the fed to perhaps accelerate the pace of rate hikes. that is a big that in our view it will keep flattening pressure on th
we see the next issuance going forward, because itthat repatriation of cash, is tending to be in pharmatech. jonathan: let's get your market check. points,p three basis down a basis on the tenure. issuance,l of this treasuries have been resilient through the week. still ahead, comments from jay powell. this is bloomberg real yield. ♪ jonathan: i am jonathan ferro, this is bloomberg real yield. coming up, one of the highlights will be jay powell said before congress, and will get a fresh round...
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find answers to his son's mental health outside your post boundaries of western medicine and big pharma stay to trouble. i'm completely confused about why a republican administration made a change that was essentially. part of the democratic philosophy i can only think that somewhere deep within what they call the deep state in the us treasury there were left leaning bureaucrats who implemented this change to a territoriality based system of taxation without anybody actually being aware of what was going on. here's what people have been saying about rejected in the us exactly this pull along. the only show i go out of my way to run you know what it is that really packs a punch oh yeah it's the john oliver of march. america is the same. parent me better than nothing. i see people you never heard of redacted tonight the president of the world bank. because they. sent us an e-mail. run. close to the best out of the dogs with. the concepts paying to perform i actually passed myself to die. he'd. say trust me. as most of. you know homo stuff i know that. this country was. good. so. what. was
find answers to his son's mental health outside your post boundaries of western medicine and big pharma stay to trouble. i'm completely confused about why a republican administration made a change that was essentially. part of the democratic philosophy i can only think that somewhere deep within what they call the deep state in the us treasury there were left leaning bureaucrats who implemented this change to a territoriality based system of taxation without anybody actually being aware of what...
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to find answers to his son's mental health outside your post by a reserve western medicine and big pharma state to travel. completely confused about why a republican administration made a change that was essentially. part of the democratic philosophy i can only think that somewhere deep within what they called a deep state in the u.s. treasury there were left leaning bureaucrats who implemented this change to a territoriality based system with taxation without anybody actually being aware of what was going on. i'm here that muddy field stadium in edinburgh. the home and the heart of scottish rugby i'm here to interview a scotland legend daddy we are a man who for many great battles on the stage behind me now is engaged in the greatest battle of all his struggle against motor neuron disease. according to the national institute of mental health one point one percent of the population over the age of eighteen suffer from schizophrenia if you do the math that means that any any at any one time as many as fifty one million people worldwide are suffering from this devastating and tragic afflict
to find answers to his son's mental health outside your post by a reserve western medicine and big pharma state to travel. completely confused about why a republican administration made a change that was essentially. part of the democratic philosophy i can only think that somewhere deep within what they called a deep state in the u.s. treasury there were left leaning bureaucrats who implemented this change to a territoriality based system with taxation without anybody actually being aware of...
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to find answers to his son's mental health outside imposed boundaries of western medicine and big pharma state to travel. national governments in various locations still don't even understand what crypto currency is how mining works what bitcoin does and that confusion and that learning curve that they haven't bothered to climb leads to a lot of missed policy choices messed up policy choices and it's because of a massive confusion out there so little is known about bitcoin except their currencies at all levels of government most levels of the consumer world and even within the crypto community itself. despite its turbulent history the soviet union and whose dominated international sport however this was not about the lives of those champions for him but. you know. when a mature member would be. more moved or when we would be remembered. for the record new york is what the issues the list will be reserved for you if you were to the first soviet a limpid team of one nine hundred fifty two with polluted seeds of isis concentration camp prisoners and front line soldiers sort of baby in that
to find answers to his son's mental health outside imposed boundaries of western medicine and big pharma state to travel. national governments in various locations still don't even understand what crypto currency is how mining works what bitcoin does and that confusion and that learning curve that they haven't bothered to climb leads to a lot of missed policy choices messed up policy choices and it's because of a massive confusion out there so little is known about bitcoin except their...
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Feb 13, 2018
02/18
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CSPAN
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they don't represent us, they take the money and go big pharma's way. it's so irritating. i live on $12,000 a year, i got built from my superscript medicare drug plan. they want $57 from me. that is taking food out of my mouth. host: mr. mitchell. guest: that comment, thank you for that, is really emblem attic -- really emblematic of what we hear from many. patients tell us all the time, i have to choose between buying food, i choose between paying rent and buying drugs i need. patients who cut pills in half or skip doses. people who are type 1 diabetes, have to have insulin to manage their disease, who try not to use it until their blood sugar spikes, which is really dangerous for a diabetic. it can put them into insulin shock, because they can't afford the drugs they need. we had a patient who told us two weeks ago that he has cancer and he has multiple sclerosis. he can't afford both drugs, he let's multiple sclerosis progress because he has to treat his cancer or die. this is happening all over america right now and absolutely right, the pharmaceutical industry is one
they don't represent us, they take the money and go big pharma's way. it's so irritating. i live on $12,000 a year, i got built from my superscript medicare drug plan. they want $57 from me. that is taking food out of my mouth. host: mr. mitchell. guest: that comment, thank you for that, is really emblem attic -- really emblematic of what we hear from many. patients tell us all the time, i have to choose between buying food, i choose between paying rent and buying drugs i need. patients who cut...
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Feb 12, 2018
02/18
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CSPAN
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they don't represent us, they take the money and go big pharma's way. it is just so irritating. i live on $12,000 a year. i got a bill from my silver , they medicare drug plan want $57 from me. that is taking food out of my mouth. host: mr. mitchell. guest: that comment, thank you of that, it is emblematic what we hear from so many. patients tell us all the time they have to choose between buying food, between paying rent, and bind drugs i need. inients cut their pills half, skip doses, people who are type one diabetics who have to have insulin to manage their disease, who try not to use it until their blood sugar spikes, which is dangerous for a diabetic. it can put them into insulin shock to they can't afford the drugs they need. a patient told us two weeks ago multipleas cancer and sclerosis. he can't afford both drugs, so he let his multiple sclerosis progress because he has to treat his cancer or he will die. this is happening all over america right now. right, thelutely pharmaceutical industry is one of -- if not the most powerful industry in this country. they have spent
they don't represent us, they take the money and go big pharma's way. it is just so irritating. i live on $12,000 a year. i got a bill from my silver , they medicare drug plan want $57 from me. that is taking food out of my mouth. host: mr. mitchell. guest: that comment, thank you of that, it is emblematic what we hear from so many. patients tell us all the time they have to choose between buying food, between paying rent, and bind drugs i need. inients cut their pills half, skip doses, people...
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Feb 25, 2018
02/18
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KNTV
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purdue pharma says it's cutting its sales force by more than half because it will no longer send sales reps to doctor's offices to promote the drug. the move comes as purdue and other drug companies are facing hundreds of lawsuits for deceptive marketing. they're accused of aggressively pushing opioids, downplaying the risk of addiction and overstating its benefits. but while most say it's a step in the right direction, lawmakers like senator claire mccaskill say pharmaceutical companies still have a lot of work to do. she released a senate report that says five drug makers, including purdue, paid nearly $10 million over five years to patient advocacy groups and doctors to promote oxycontin. opioid overdoses kill more than 100 people every day in america. and in 2016, opioids were involved in the fatal overdoses of more than 42,000 people. >> when we return, industrial efficiency or an invasion of privacy? the debate surrounding amazon's newest wearable technology. we want to know, would you wear it? there's only one place where you can get... more adventure, more thrills, more magic,
purdue pharma says it's cutting its sales force by more than half because it will no longer send sales reps to doctor's offices to promote the drug. the move comes as purdue and other drug companies are facing hundreds of lawsuits for deceptive marketing. they're accused of aggressively pushing opioids, downplaying the risk of addiction and overstating its benefits. but while most say it's a step in the right direction, lawmakers like senator claire mccaskill say pharmaceutical companies still...
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Feb 23, 2018
02/18
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KGO
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. >>> known as pharma bro heads to court.ll walk in a millionaire but he'll walk in a millionaire but could walk out a poor >>> the latest drought numbers issued. but not very good. unfortunately, they're getting concerning. we started to rain in october. only 8% of the state was abnormally dry or in a drought. now, look at that. 92% of the state is and just about 3/4 of the bay area back in a drought. the rain we get monday may not be enough to help us. i'll have that coming up next. >>> mike, thank you. happening today, convicted former pharmaceutical ceo martin shkreli due back in court on whether or not they will seize his assets. he's accused of cheating investors in a pair of failed hedge funds. shkreli is on the hook for more than $7 million. his lawyers argue he owes nothing because investors did not lose the money. shkreli was dubbed pharma bro after increasing the price of a drug -- >>> stealing the unicycle of a popular nba halftime performer named the red panda. this is a video from sfo. you can see a man taking b
. >>> known as pharma bro heads to court.ll walk in a millionaire but he'll walk in a millionaire but could walk out a poor >>> the latest drought numbers issued. but not very good. unfortunately, they're getting concerning. we started to rain in october. only 8% of the state was abnormally dry or in a drought. now, look at that. 92% of the state is and just about 3/4 of the bay area back in a drought. the rain we get monday may not be enough to help us. i'll have that coming...
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Feb 12, 2018
02/18
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CNBC
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up next, pharma. pharma in focus.im at pharma alaskan senator dan sullivan joins us on set to talk about the president's budget and rebuilding america plus, we're continuing to watch the futures which are strong and sharply higher this morning. just turned up 300 again on the ayw jones. st tuned you're watching "squawk box" on cnbc oh, and there's the closing bell. (sighs) i hate missing out missing out after hours. not anymore, td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, only with td ameritrade. >>> welcome back to "squawk box. check the futures again. we did it on the way out, but they just moved back into 300 plus territory 306 now on the dow strong opening after a strong session on friday. the s&p indicated up 31 and the nasdaq indicated up 74 at this point. the ten yea
up next, pharma. pharma in focus.im at pharma alaskan senator dan sullivan joins us on set to talk about the president's budget and rebuilding america plus, we're continuing to watch the futures which are strong and sharply higher this morning. just turned up 300 again on the ayw jones. st tuned you're watching "squawk box" on cnbc oh, and there's the closing bell. (sighs) i hate missing out missing out after hours. not anymore, td ameritrade lets you trade select securities 24 hours...
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Feb 13, 2018
02/18
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KQED
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♪ >>> the drugmaker purdue pharma will stop marketing its prescription painkiller to doctors.he painkiller oxycontin is at the center ofhe opioid crisis. the company is cutting its sales staff in half, leaving about 200 reprentatives in the u.s. who will no longer visit doctors to discuss and pitch opioid products. the decision to stop marketing the drug comes amid a number of lawsuits that blame the company for contributing to the opioid epidemic. >>> the president has many times about sky-high drug prices, and in his budget proposal released today he mentioned specifics on how to get those cuts down. >> the pricef prescription drugs was a popular campaign issue. >> if you get prescriptions for medicines that really help you,o it doesn't you any good if you can't afford to fill them. >> stand up to the greed of the pharmaceutical industry. >> they're getting away with murder. pharma. >> a president trump has embraced it since he was electea ng in his state of the union address that drug prices would be a top issue for his administration this year. for now trump's plans he bee
♪ >>> the drugmaker purdue pharma will stop marketing its prescription painkiller to doctors.he painkiller oxycontin is at the center ofhe opioid crisis. the company is cutting its sales staff in half, leaving about 200 reprentatives in the u.s. who will no longer visit doctors to discuss and pitch opioid products. the decision to stop marketing the drug comes amid a number of lawsuits that blame the company for contributing to the opioid epidemic. >>> the president has many...
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Feb 18, 2018
02/18
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BLOOMBERG
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carol: pharma, right? joel: right.ll of this is a massive cocktail of what is happening in health care? why do prices keep getting so much higher? and consumers feel like they are getting the shortest straw of all. what the speculation is there are middlemen, pharmacy benefit managers, and that is where there seems to be a focus that this triumvirate can bring to bear. julia: yes, because the big pharma say look, we are not mispricing the drugs. a lot gets creamed by the guys in the middle, the insurers. the guys in the middle, the benefit managers as you point out. carol: when it comes to drug pricing, this does not totally makes sense. the drug companies set up pricing, then there are refunds that come into play, and the relationship between big pharma, the pbm, and the health insurance companies has been a cozy relationship. joel: and it is very opaque. carol: right. joel: that is why this triumvirate is causing turbulence in the market. carol: yes. joel: because what they could bring to bear, what if we negotiated
carol: pharma, right? joel: right.ll of this is a massive cocktail of what is happening in health care? why do prices keep getting so much higher? and consumers feel like they are getting the shortest straw of all. what the speculation is there are middlemen, pharmacy benefit managers, and that is where there seems to be a focus that this triumvirate can bring to bear. julia: yes, because the big pharma say look, we are not mispricing the drugs. a lot gets creamed by the guys in the middle, the...
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Feb 21, 2018
02/18
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KYW
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they are applying criminal racketeering statute against co like purdue pharma whose owner, developedcontin and allegedly lied about it's a dicktive powers to doctors and pharmacists. >> the members of the sackler family are lowest form of humans you can imagine. they have earn billions of dollars over the years at the expense of the american public >> reporter: purdue, facing lawsuits from more than a dozen states returned our request for comment saying we are deeply troubled by prescription and opioid abuse crisis and dedicated to being part of the solution. vigorously denied these allegations and look forward to the opportunity to present our defense. rite aide dekind excellent. >> and spokesperson said they will not comment for any pending litigation but attorney for camden county says that it is appropriate to go after individual pharmacies over the opioid crisis, because pharmacists have an individual responsibility to make sure that customers know the dangers of the medicines that they are taking. >> we think those that created this problem, should help pay for the solution, to
they are applying criminal racketeering statute against co like purdue pharma whose owner, developedcontin and allegedly lied about it's a dicktive powers to doctors and pharmacists. >> the members of the sackler family are lowest form of humans you can imagine. they have earn billions of dollars over the years at the expense of the american public >> reporter: purdue, facing lawsuits from more than a dozen states returned our request for comment saying we are deeply troubled by...
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Feb 12, 2018
02/18
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CNBC
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it could be a little while >> thank you so much trying to keep us healthy and up to date with the pharmathanks >> we like things big in america. especially cars and trucks coming up, we'll hear from the big three automakers for their plans on growth this year. hint, it involves a lot of trucks >> last week's market freak-out was attributed to rising rates but it's probably the short volatility trade unwinding, and we'll talk more about rising rates. stick around mercedes-benz glc with its high-tech cameras and radar, contemporary cockpit, 360 degree network of driver-assist technologies, and sporty performance, what's most impressive about the glc? all depends on your point of view. lease the glc300 for just $449 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on
it could be a little while >> thank you so much trying to keep us healthy and up to date with the pharmathanks >> we like things big in america. especially cars and trucks coming up, we'll hear from the big three automakers for their plans on growth this year. hint, it involves a lot of trucks >> last week's market freak-out was attributed to rising rates but it's probably the short volatility trade unwinding, and we'll talk more about rising rates. stick around mercedes-benz...
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greece continues to struggle to clear up a scandal involving pharma giant no vomitus prosecutors have been investigating the swiss company for over a year it stands accused of bribing high ranking politicians to smooth the way for expensive sales and fast approvals for its medicines in greece now the country's parliament is also getting involved the affair has provoked furious reactions in greece where many blame corrupt politicians for the country's economic woes. kentucky fried chicken customers in the u.k. were left disappointed after the fast food chain was forced to close most of its nine hundred outlets because it was unable to get fresh chicken delivered the first food chain recently switched its delivery contract to d.h.l. which clearly had some serious logistics problems neither k.f.c. nor d.h.l. went public with the reasons for the shortfall. it's called petro and is meant to help pull venezuela out of its endless crisis. on tuesday the country's president nicolas maduro launched a new digital currency. but it does look at mt today marks the birth of a. cryptocurrency that c
greece continues to struggle to clear up a scandal involving pharma giant no vomitus prosecutors have been investigating the swiss company for over a year it stands accused of bribing high ranking politicians to smooth the way for expensive sales and fast approvals for its medicines in greece now the country's parliament is also getting involved the affair has provoked furious reactions in greece where many blame corrupt politicians for the country's economic woes. kentucky fried chicken...
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the french president and manuel monthlong has staked out a middle ground ahead of the major pharma show here farmers to invest more rather than complain about overseas competition while also promising to protect them from foreign land buyers. air b.n. b. is on the scales for a new growth opportunities many cities have restrictive the service hotels have been complaining and some air b.n. b. customers complain the places don't live up to expectations. the rentals platform could be on the doorstep of its public listing and is looking to raise its game by introducing a new plus program the company hopes to appeal to travelers who are skeptical of booking on scene properties over an automated website personally inspecting accommodation to ensure the highest quality homes get the seal of approval to bump top price to boot the luxury market is hotly contested but the timing is right at the end be announcing growing bookings on its first operating profit last year giving it the firepower to extend its reach ahead of its initial public offering which could be as soon as next year so what are th
the french president and manuel monthlong has staked out a middle ground ahead of the major pharma show here farmers to invest more rather than complain about overseas competition while also promising to protect them from foreign land buyers. air b.n. b. is on the scales for a new growth opportunities many cities have restrictive the service hotels have been complaining and some air b.n. b. customers complain the places don't live up to expectations. the rentals platform could be on the...
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Feb 16, 2018
02/18
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BBCNEWS
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an irish company called horizon pharma.is is small companies try to make as much money as they can. we saw this before with my team shkreli, the most hated man in america for a while to doing a similar thing for a treatment for aids sufferers. —— martin. it is a relatively small piece. all these stories, they feed into a debate about how healthcare works. when you have an insurance company paying the bills, these companies know that in the end, this bill will be paid. there is not your me saying we won't pay this. you see the ugly even here in the uk where there are very highly in —— highly insured sectors. charges are off the charts because we know they will be picked up by our insurance companies. i think the labour party has said we are going to take into account cheaper vets bills for those who don't know. best headline of the day, it's good to be stinky and lazy. but with provisos. it's all to save the planet. dodge deodorant and shampoo. this is the son writing in up shampoo. this is the son writing in up in shampoo.
an irish company called horizon pharma.is is small companies try to make as much money as they can. we saw this before with my team shkreli, the most hated man in america for a while to doing a similar thing for a treatment for aids sufferers. —— martin. it is a relatively small piece. all these stories, they feed into a debate about how healthcare works. when you have an insurance company paying the bills, these companies know that in the end, this bill will be paid. there is not your me...
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threatening to take buy a product off the shelves of a quality control issues and breck's it could force pharma firms to do the splits in the europe doubling up on regulatory approval on both sides of the channel. buyers executives putting on a brave face at the results press conference but perhaps they have at least one reason to be cheerful sources quoted by news agency reuters say the e.u. will soon approve the monsanto deal still analysts putting by under the microscope expect the life science companies of the headaches of twenty seventeen to continue this year and it looks like selling toys isn't exactly child's play following the collapse of toys r us in the usa now it looks like the same will play out in the u.k. and ministry to say they've got managed or they haven't managed to find a buyer and so they'll begin winding up british stores in the coming weeks up to three thousand two hundred workers are affected. only one hundred five of the toys are stores in the u.k. are open but their days are numbered the livelihoods of thousands of workers hang in the balance that customers say they'l
threatening to take buy a product off the shelves of a quality control issues and breck's it could force pharma firms to do the splits in the europe doubling up on regulatory approval on both sides of the channel. buyers executives putting on a brave face at the results press conference but perhaps they have at least one reason to be cheerful sources quoted by news agency reuters say the e.u. will soon approve the monsanto deal still analysts putting by under the microscope expect the life...
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Feb 17, 2018
02/18
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BLOOMBERG
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julia: big pharma says it is not our problem. we are not mispricing the drugs. lot of the money here gets creamed by the guys in the middle, the insurers and benefit managers. carol: i feel like when it comes to drug pricing, rice's don't -- it doesn't totally make sense. you talk about the drug companies setting pricing, then there's refunds that come into play. the relationship between big pharma, pbm's, it -- it has been a cozy relationship. >> it is very opaque. that's why this triumvirate is cutting turbulence in the market. what they could bring to bear is, what if we just negotiated directly with pharmaceuticals? we don't know what is going to happen yet, but if you could do that, you would put a lot of downward pressure on a bunch of this opaque market proving to be a little too lucrative for some players. julia: in the middle, you have a u.s. administration talking about repealing and replacing obamacare, drug pricing. >> this will be an ongoing story that all of us will be watching. this is just the appetizer we want to give you. this story will be one
julia: big pharma says it is not our problem. we are not mispricing the drugs. lot of the money here gets creamed by the guys in the middle, the insurers and benefit managers. carol: i feel like when it comes to drug pricing, rice's don't -- it doesn't totally make sense. you talk about the drug companies setting pricing, then there's refunds that come into play. the relationship between big pharma, pbm's, it -- it has been a cozy relationship. >> it is very opaque. that's why this...
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Feb 15, 2018
02/18
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CSPAN
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because the innovator market, big pharma, small pharma, bio, whatever it is, needs to know that we're going to be successful. i can understand that there's some that may not want to play in the space because of the limited markets that tom talked about. but my belief is we're headed into a period of time where it will be the technology platforms that are created, producing medical countermeasures, where nobody knows where else that platform may have a market-based application. so, we're about building technology and platforms in the future. and it may be that we're the impetus to have that platform launched and there's some of them in the pipeline right now. where there's great hope that we're going to be able to produce other medical solutions off of that same platform. it's exciting. it's way above my pay grade, though. it's a free shot at me. take it. yes, ma'am. >> you mentioned other medical solutions that could come up and i was wondering what your thoughts are on expanding the biodefense program to include nonstrategic threats. i'm speaking specifically of anti-microbial resist
because the innovator market, big pharma, small pharma, bio, whatever it is, needs to know that we're going to be successful. i can understand that there's some that may not want to play in the space because of the limited markets that tom talked about. but my belief is we're headed into a period of time where it will be the technology platforms that are created, producing medical countermeasures, where nobody knows where else that platform may have a market-based application. so, we're about...
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Feb 4, 2018
02/18
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MSNBCW
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are representing a number of cities and counties who are bringing state lawsuits to try to hold big pharmaur lawsuits allege is that this was not an epidemic in the sense that it just happened to america, this was an intentional conduct starting from the mid-'90s where a big farmer decided to lie to the american people, convinced them they were selling a new brand of opioid that was not addictive and it was exactly the same type. it got america hooked on painkillers and has cost communities literally hundreds of billions of dollars. >> but you would also concede that when it began to spill across the tracks and affect a lot of white americans, it started to become more of a crisis, and the reaction was rather than lock them up, let's heal them. and what your lawsuits are doing in terms of working with cities and states, i'm told, is to make sure that those in all communities are considered in this and not just the suburban whites, as you referred to? >> you're exactly right, reverend. i'm from a criminal justice point of view. we're seeing such a different reaction, and it is much more em
are representing a number of cities and counties who are bringing state lawsuits to try to hold big pharmaur lawsuits allege is that this was not an epidemic in the sense that it just happened to america, this was an intentional conduct starting from the mid-'90s where a big farmer decided to lie to the american people, convinced them they were selling a new brand of opioid that was not addictive and it was exactly the same type. it got america hooked on painkillers and has cost communities...
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Feb 22, 2018
02/18
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WCAU
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pills were addictive. >> if they affected one life, this lawsuit is worth it in my eyes. >> purdue pharma issued a statement saying they could for only 2% of total yoiopioid prescriptions and "vigorously deny the allegations." >>> in lehigh county, police officers and recovery specialists will follow up with people who overdose. the district attorney announced the program called blue guardians yesterday. the guardians will make personal visits to homes within two to three days to encourage addicts to start recovery. >>> i'm meteorologist bill henley. 6:37. a live view from cape may at the arena. clouds overhead. temperatures are falling, and the rain is falling in the lehigh valley. temperatures coming down here, too. temperatures dropping to the 30s during the day today. rain is on the way. grab the umbrella. not everybody is getting the rain right now, but that changes during the morning and continues into the afternoon and evening. light rain, as well. temperatures get chillier. right now, settlier showers -- steadier showers to northwest. light rain through the suburbs, chester county
pills were addictive. >> if they affected one life, this lawsuit is worth it in my eyes. >> purdue pharma issued a statement saying they could for only 2% of total yoiopioid prescriptions and "vigorously deny the allegations." >>> in lehigh county, police officers and recovery specialists will follow up with people who overdose. the district attorney announced the program called blue guardians yesterday. the guardians will make personal visits to homes within two...
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Feb 12, 2018
02/18
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CNBC
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pharma companies have come under fire for the way they've marketed addictive painkillers privately held purview has been accused by 14 states >>> and ford revs up production for two suvs the automakers is planning to raise production of expedition and lincoln models both manufactured in louisville, kentucky ford is looking to boost its own profit margins >>> and the u.s. units of takato reaches an agreement that apaves the way for takata to entity bankruptcy and takata's air bags related to deaths and injuries, promising the largest recall in automotive history. >>> and another misstep for wells fargo, and trying to make amen amends for having people buy auto insurance they didn't need. wells fargo will work to make sure customers get the appropriate amount of communication. >>> coming up, going global. we dive in the overseas market action that's straight ahead. >>> first before we head to break, check what's happening to futures because they are very much green across the board. the dow indicated it opens at 212 points so far. stay tuned you're watching cnbc hey. pass please. i'm here
pharma companies have come under fire for the way they've marketed addictive painkillers privately held purview has been accused by 14 states >>> and ford revs up production for two suvs the automakers is planning to raise production of expedition and lincoln models both manufactured in louisville, kentucky ford is looking to boost its own profit margins >>> and the u.s. units of takato reaches an agreement that apaves the way for takata to entity bankruptcy and takata's air...
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Feb 19, 2018
02/18
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BLOOMBERG
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isnks they pharmas says it not our problem, we are not miss placing the drugs. lot of the money gets creamed by the guys in the middle, the insurers, the benefit managers. >> when it comes to drug pricing it is hard to make this makes sense. you talk about refunds that come into play and the relationships between big pharma, pbm and health insurance, -- >> is very opec. -- opaque. causing somet is turbulence in the market. but they could bring to bear on it was what if they negotiated directly with pharmaceuticals? >> big hypotheticals. but if you could do that, you'll put a lot of downward pressure on a bunch of this opec market that is proving to the a little too lucrative. >> euros to u.s. administration assad about repealing and revising obamacare. of course, the president is talking about tackling drug pricing as well. >> this will be an ongoing story that all of us should be watching and this is the appetizer that we want to give you because we are just tried to inform you, this story will be one that we are going to be watching throughout the year. think
isnks they pharmas says it not our problem, we are not miss placing the drugs. lot of the money gets creamed by the guys in the middle, the insurers, the benefit managers. >> when it comes to drug pricing it is hard to make this makes sense. you talk about refunds that come into play and the relationships between big pharma, pbm and health insurance, -- >> is very opec. -- opaque. causing somet is turbulence in the market. but they could bring to bear on it was what if they...
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Feb 16, 2018
02/18
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CSPAN3
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hundreds of localities have brought legal action against pharma. you know that medicare covers nearly 4 in 10 non-elderly adults with an opioid addiction and in 2013, medicaid spent $9.4 billion for their care. my question is, can you report to us on what this administration has done to investigate the role of pharmaceutical manufacturers and when can we expect the administration to bring legal action against these pharmaceutical companies for their role in creating this problem and stop billing it all to the taxpayer. finally for today, sir, would you answer as to whether you will commit to provide the information required by law on non-bid contracts that hhs has entered which hhs has refused to provide in accord with law throughout 2017 and into this year so we know on contracts and grants what no-bid contracts your department -- >> the gentleman's time has expired. >> can you answer that? >> mr. secretary, since the time has expired, if you would respond in writing, that would be perfect. mr. smith, you are recognized. >> thank you, mr. chairman
hundreds of localities have brought legal action against pharma. you know that medicare covers nearly 4 in 10 non-elderly adults with an opioid addiction and in 2013, medicaid spent $9.4 billion for their care. my question is, can you report to us on what this administration has done to investigate the role of pharmaceutical manufacturers and when can we expect the administration to bring legal action against these pharmaceutical companies for their role in creating this problem and stop...
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Feb 12, 2018
02/18
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KYW
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. >> one big drug company is taking action, purdue pharma is one of the largest makers of oxycontin,r promote the powerful painkiller to doctors the company also says, that it is cut its sales force, in half. purdue pharma has reportedly sold $35 billion worth of oxycontin since it began selling the drug. >>> knowing what is in your medical future. today testing can provide some answers but experts warn there can be serious down side toss these dna tests. >> health reporter stephanie stahl hires to explain why in tonight ease iron style health sayer science center report. >> reporter: some testing from a doctors, others are do it yourself kits. those are especially popular with tense of millions being sold this past december alone but what many people do not realize is the information, from genetic testing, could be used against you. at 46 and healthy carolyn, was upset, and surprised when she was denied life insurance. it was a result that she believes sitting down with the genetic counselor after finding out her mother tested positive for the breast cancer gene. >> i cannot think o
. >> one big drug company is taking action, purdue pharma is one of the largest makers of oxycontin,r promote the powerful painkiller to doctors the company also says, that it is cut its sales force, in half. purdue pharma has reportedly sold $35 billion worth of oxycontin since it began selling the drug. >>> knowing what is in your medical future. today testing can provide some answers but experts warn there can be serious down side toss these dna tests. >> health reporter...
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Feb 12, 2018
02/18
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KGO
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state and local governments are suing purdue pharma. some claim they downplayed the risk of oxycontin and overstating the benefits as a painkiller. the cdc says opioids were involved in more than 40,000 deaths in the u.s. in 2016. >>> a building that sat unfinished for years on the vegas strip may finally open in 2020. the blue building you see in slated to be a casino resort called the fountain blue. construction stopped in 2009 when the great recession hit. today marriott announced it's taking over the property and plans to open the drew las vegas. when complete, it will have about 4,000 rooms and sweets. >>> takata reached a settlement agreement with those injured we exploding air bags. the deal paves the way for the japanese company to exit chapter 11 bankruptcy. lawsuits, multimillion dollar fines and the largest recall in automotive history forced takata into bankruptcy. the faulty air bags have been linked to at least 21 deaths and hundreds of injuries. takata now plans to sell most of its assets to a chinese rival for $6.1 billi
state and local governments are suing purdue pharma. some claim they downplayed the risk of oxycontin and overstating the benefits as a painkiller. the cdc says opioids were involved in more than 40,000 deaths in the u.s. in 2016. >>> a building that sat unfinished for years on the vegas strip may finally open in 2020. the blue building you see in slated to be a casino resort called the fountain blue. construction stopped in 2009 when the great recession hit. today marriott announced...
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150
Feb 11, 2018
02/18
by
WCAU
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purdue pharma is facing lawsuits blaming the company for contributing to the opioid epidemic. in 1995. it was then called a nonaddictive time-release version of oxycodone used for the treatment of chronic pain. nbc 10 is committed to covering the opioid crisis with "generation addicted." read our award-winning reporting right now on the nbc 10 app. >>> first alert weather. tracking a sunday soaker. heavy rain, storms, and potential flooding are all on tap for tomorrow. here's a live look right now from the shore. you can see the soggy conditions in ocean city. and plenty of fog out there. nbc 10 first alert meteorologist steve sosna joins us now. tomorrow's all about the rain, about the flooding, and a drastic variation in temperatures? >> yeah, it's going to be a crazy day tomorrow, denise. some areas may get close to 70 degrees in the afternoon. and other spots not getting out of the 30s. i'll breakdown which locations have that balmy weather and which locations stick with the chill. along with those crazy temperatures comes a pretty wild storm coming at us. we've issued a f
purdue pharma is facing lawsuits blaming the company for contributing to the opioid epidemic. in 1995. it was then called a nonaddictive time-release version of oxycodone used for the treatment of chronic pain. nbc 10 is committed to covering the opioid crisis with "generation addicted." read our award-winning reporting right now on the nbc 10 app. >>> first alert weather. tracking a sunday soaker. heavy rain, storms, and potential flooding are all on tap for tomorrow. here's...
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60
Feb 16, 2018
02/18
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WPVI
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eye 60
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there are res still affordable says horizon pharma. >>> your nonstick pans could be making fat.ant carpeting may int body's abilityn scientists have not pinpointed what is responsible for the link. >>> now to an alert for pet owners. several varieties of dog food are being recalled for possible traces of a drug used to euthanize animals. the branned include canned kibble and bit, skippy and they were pulled back after a station found they tested possible for thedrug. >>> new details about a massive corruption scandal in college basketball. yahoo! sports is reporting as many as 50 college basketball programs could be implicated in the ongoing criminal investigations into bribery and the handling of recruits. some hall of fame coaches will be reportedly named. one investigation has already cost louisville coach rick pitino his job and claims his staff knew their school sponsor, adidas had funneled money to the f recruits. >>> let's turn now to the winter games in pyeongchang. it has been a day of disappointment for team usa. >> yeah two medal hopefuls finished just short of making
there are res still affordable says horizon pharma. >>> your nonstick pans could be making fat.ant carpeting may int body's abilityn scientists have not pinpointed what is responsible for the link. >>> now to an alert for pet owners. several varieties of dog food are being recalled for possible traces of a drug used to euthanize animals. the branned include canned kibble and bit, skippy and they were pulled back after a station found they tested possible for thedrug....
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Feb 22, 2018
02/18
by
KYW
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eye 98
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contributors to court, they announced a big lawsuit yesterday, it targets manufacturers like purdue pharma and rite aide and wall green. county seeking money for drug treatment and toned what it considered, dangerous practices by pharmaceutical industries. >>> warminster bucks county emt is facing, luring charges after sting operation by camden county officials. pennsauken police say 46 year-old charles aimer was still wearing his emt uniform last week when he went to meet with what he thought was a 14 year-old girl. the two had allegedly exchanged text messages and planned to meet for sex but instead, aimer was met with police. he works were four different ambulance companies as an emt. >>> police are searching for an armed suspect after two home invasions in feltonville, officers responded to the 200 block of west roosevelt boulevard, for a report of gunshot, shortly after 4:00 yesterday morning. police say that i gunman broke in the man's apartment and pistol whipped him demanding money and drugs. the victim told "eyewitness news" he played dead until he could escape. >> he hit me in my
contributors to court, they announced a big lawsuit yesterday, it targets manufacturers like purdue pharma and rite aide and wall green. county seeking money for drug treatment and toned what it considered, dangerous practices by pharmaceutical industries. >>> warminster bucks county emt is facing, luring charges after sting operation by camden county officials. pennsauken police say 46 year-old charles aimer was still wearing his emt uniform last week when he went to meet with what he...
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77
Feb 12, 2018
02/18
by
KPIX
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eye 77
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also tonight, oxycontin maker srdue pharma says it will no longer promote opioids to doctors.amp the south, but doesn't dampen the mardi gras fun. and two americans make downhill nistory-- striking silver and gold at the olympics. >> i'm still having a really hard time believing it. this is the "cbs weekend news."
also tonight, oxycontin maker srdue pharma says it will no longer promote opioids to doctors.amp the south, but doesn't dampen the mardi gras fun. and two americans make downhill nistory-- striking silver and gold at the olympics. >> i'm still having a really hard time believing it. this is the "cbs weekend news."
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95
Feb 22, 2018
02/18
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WCAU
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eye 95
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. >> purdue pharma issued a statement to nbc10 saying they could for only 2% of total opioid prescriptions and "vigorously deny these allegations." >>> in the lehigh valley, police officers and recovery specialists will follow up with people who overdose. the district attorney announced the program called blue guardians yesterday. they will make personal visits to homes within two to three days to encourage addicts to start recovery. >>> today national republican leaders expect to file a second legal challenge to a new congressional redistricting map for pennsylvania. yesterday, state gop officials asked the u.s. supreme court to block the map saying they believe it's the legislature's job to redraw the district boundaries. the state supreme court issued the map monday. democratic leaders say the map redraws districts that had been gerrymandered to favor republicans. >>> today in new jersey, two state police officers who responded to the scene of an apparent terror attack in 2016 will be hailed as troopers of the year. the troopers are credited with defusing two explosives in seaside park
. >> purdue pharma issued a statement to nbc10 saying they could for only 2% of total opioid prescriptions and "vigorously deny these allegations." >>> in the lehigh valley, police officers and recovery specialists will follow up with people who overdose. the district attorney announced the program called blue guardians yesterday. they will make personal visits to homes within two to three days to encourage addicts to start recovery. >>> today national...
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112
Feb 21, 2018
02/18
by
KYW
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eye 112
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. >> it's time that big pharma is made accountable for our losses and to those who are struggling every to survive from addictions. >> now the announcement was made at the camden county hall of justice. the county is filing charges against drug manufacturers distributors and retailers. >>> well, unique project is coming to life inside a mountain in west texas. >> called the 10,000 year clock. amazon ceo jeff bezos tweeted yesterday how the piece is coming together. the 500-foot tall cuckoo clock is described as a symbol for long term thinking. once complete the clock will tick only once a year. the essential respect hand advances every year and the cuckoo comes out on the millenia. bezos says it will be powered using day and night normal cycles. no timetable on when it will be finished. >> i don't understand that. >> maybe that's why we're not the ceo of amazon. >> exactly. well, still ahead on "eyewitness news." >> the down sides of winter warmth, why officials in the midwest say these flood waters are just the tip of the iceberg. meisha. >> well, we all have hobbies that we partake in
. >> it's time that big pharma is made accountable for our losses and to those who are struggling every to survive from addictions. >> now the announcement was made at the camden county hall of justice. the county is filing charges against drug manufacturers distributors and retailers. >>> well, unique project is coming to life inside a mountain in west texas. >> called the 10,000 year clock. amazon ceo jeff bezos tweeted yesterday how the piece is coming together....
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73
Feb 15, 2018
02/18
by
LINKTV
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eye 73
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undere compapany in pharma fire for hiking the price of a painkiller for u.s. . consumers. financial times reports the firm has increased the cost of a bottle of pills by 10% to almost $3$3000. it is the 11th price rise for the drug, since the license was purchased in 2013 by her horizon -- by horizon credit and an industry -- horizon. and a cut down on ads that t are annoying, but some players in the advertising industry say that this will boost google in online advertising. anchor: how are things on the european markets? midpointwe are at this in the day, paris is the standard performer, that is being helped by the boost to airbus shares after the results, up over 10%. anchor: and new year's holidays beginning and plenty of holiday spirit around the stock exchange in hong kong. stephen: half-day today in preparation for the chinese holiday. entering the year of the dog and the market the head of the exchange brought special guests to the exchange, charles's two dogs in the footage. you can see that they are known for theiroyalty, honesty and a a sense of responsibility, a
undere compapany in pharma fire for hiking the price of a painkiller for u.s. . consumers. financial times reports the firm has increased the cost of a bottle of pills by 10% to almost $3$3000. it is the 11th price rise for the drug, since the license was purchased in 2013 by her horizon -- by horizon credit and an industry -- horizon. and a cut down on ads that t are annoying, but some players in the advertising industry say that this will boost google in online advertising. anchor: how are...