Trump thanks Novartis, Pfizer for not hiking drug prices

22 Juillet, 2018, 01:39 | Auteur: Yves Courtet
  • Major drug-maker promises to limit price increases	 	 	 			Merck sign outside of their New Jersey headquarters

Swiss firm Novartis followed, pledging not to raise drug prices in the United States this year.

"The President and his Administration look forward to continuing its work with Pfizer and other pharmaceutical companies to reform the policies that are driving up prescription drug prices for all Americans", said Hogan Gidley, deputy White House press secretary.

Vasant Narasimhan, Novartis' CEO, addressed journalists saying that the company made the decision to "withdraw any further price increases" and also made a commitment "not to take any further price increases for the remainder of 2018".

However the price cut may also be motivated by the increasingly competitive hepatitis C drug market - sales of Zepatier slumped in the last quarter. In 2017, Merck issued its second annual Pricing Action Transparency Report, which showed that net prices across Merck's US product portfolio declined by 1.9 percent.

Trump has pressured drug companies to keep prices low, and met with Pfizer after it announced price increases for more than 100 drugs. "We thought that was prudent, given the dynamic environment we're now in", he said.

Trump heightens tariff threat in trade war with China
Powell's plan to continue gradually raising short-term rates was undermining the administration's efforts to spur economic growth. US President Donald Trump said he is willing to hit all Chinese goods imported to the United States with tariffs if necessary.

Giuliani: Trump Didn't Know Cohen Taped Conversation on Payment to Ex-Model
Agents acted on search warrants based in part on evidence from Russian Federation special counsel Robert Mueller's investigators. Cohen's recording adds to questions about whether Trump tried to quash damaging stories before the election.

British man found guilty of plot to kill prime minister
He had collected what he thought was an explosives-packed rucksack when he was arrested in Kensington last November 28. Mr Justice Haddon-Cave told Rahman that when he returns to court on 31 August he should expect a lengthy sentence.

Fox News Medical A Team's Dr. Marc Siegel on how pharmaceutical giant Pfizer agreed to postpone drug price hikes after President Trump attacked the company on Twitter.

Pfizer's July 1 hike was already its second this year after it raised prices on 41 drugs in January, according to Wells Fargo analyst David Maris, FiercePharma reported. The company will drop the price of Zepatier, a Hepatitis C drug, by 60%, and decrease the costs of "several other" drugs by 10%.

However, his administration did little until May, when it rolled out its 44-page "blueprint" for increasing competition, reducing regulations and changing the incentives for all players in the drug industry.

Amid scrutiny over big pharma drug pricing, Merck said on Thursday it would lower the price of some of its medications.

In May, the Trump administration outlined a plan for lower prices, but critics have said it did not go far enough. In a 65 percent decline from previous year, Zepatier brought in $131 million in global sales in the first quarter of 2018.


  • US Senate, after Helsinki, eyes swift sanctions in…

    US Senate, after Helsinki, eyes swift sanctions in…

    Grassley is co-chair of the Senate Baltic Freedom Caucus and recently wrote a Q&A about U.S. John McCain (R., Ariz.) and Richard Shelby (R., Ala.) were absent for the vote.

    Shazam! Trailer Arrives Taking the DC Universe in a Wild New Direction

    Zachary Levi , (Chuck), stars as the superhero version of Shazam , who is literally a boy inside a man's body. Levi points out that it's not often that you see hero discovering his powers and actually having fun with it.
    Bande-annonce VF et VOST du potentiel Cloverfield 4 — Overlord

    Bande-annonce VF et VOST du potentiel Cloverfield 4 — Overlord

    Malheureusement, ils réalisent que les nazis font des expériences avec des forces surnaturelles pour mieux les combattre. Un groupe de parachutiste américains doit être déployé juste derrière les lignes ennemies, mais ils se font canarder.
  • Dossier Kanté, le point — Mercato PSG

    Dossier Kanté, le point — Mercato PSG

    Après le départ à la retraite de Thiago Motta , le PSG cherche à se renforcer au milieu de terrain. Avant d'ajouter: "Après Maurizio Sarri a mis Jorginho dans sa valise pour jouer au poste de Kanté".

    Tiger Woods creates buzz with 66 at British Open

    Rory McIlroy feels he is still in strong contention at the Open despite dropping two shots late in his third round. He said he was thinking more about the outcome than the shots, and vowed to make sure that doesn't happen again.
    L'euro recule face au dollar

    L'euro recule face au dollar

    Vers 06H00 GMT (08H00 à Paris), la monnaie unique européenne valait 1,1642 dollar, contre 1,1639 dollar mercredi vers 21H00 GMT. Le bitcoin s'échangeait pour 7.353,41 dollars, contre 7.418,82 dollars jeudi soir, selon des chiffres compilés par Bloomberg.
  • "Just let me die": Duck boat accident survivor speaks

    In 2010, a tugboat-guided barge hit a Ride The Ducks boat on the Delaware River in Philadelphia, killing two Hungarian students. The duck boat that sank was inspected yearly and its last inspection was in February, showing no deficiencies at the time.
    Les NTIC : avantages et inconvénients

    Les NTIC : avantages et inconvénients

    En effet, avoir mille et une tâches à accomplir à la fois, ça peut avoir des effets négatifs. En effet, les travailleurs effectuent les tâches beaucoup plus rapidement tout en conservant leur qualité de vie.

    Votre voiture doit être dans un état impeccable

    En ce qui concerne la sécurité, le choix des pneus parfaitement adaptés est extrêmement. Mais tout d’abord, vous devez savoir où trouver les pièces compatibles avec votre voiture.
  • WB Storms Comic-Con With First Wonder Woman 1984 Footage

    Directed by Jenkins and starring Gal Gadot, Chris Pine and Kristen Wiig, Wonder Woman 1984 is slated to hit theaters on November 1, 2019.
    Trump denies wrongdoing, says lawyer's tape 'perhaps illegal'

    Trump denies wrongdoing, says lawyer's tape 'perhaps illegal'

    As part of the deal, McDougal signed a nondisclosure agreement that prevented her from revealing the affair. He said Trump did not know he was being recorded and claimed that the president had done nothing wrong.

    Khamenei backs threat to stop Gulf exports if oil sales halted

    Tehran and Washington have been exchanging threats since the latter sought to rip apart the 2015 Iran nuclear deal . Tehran also agreed to reduce its stocks of enriched nuclear material.


North Korea, Eritrea Have Highest Rates of Modern Slavery
However, the most critical step to avoid complicity with modern slavery is for importing countries to examine supply chains. A total of 40.3 million people globally live under the conditions of modern slavery , according to the report.

Jordan Spieth drives first hole for eagle at The Open
Twelve players were separated by four shots, a group that includes Rory McIlroy , Tommy Fleetwood and Zach Johnson. Tiger Woods of the USA watches his putt on the 18th hole during the third round of the British Open at Carnoustie.

Godzilla : King of the Monsters - le premier trailer est là
Un combat sans précédent entre ces créatures considérées jusque-là comme chimériques menace d'éclater. Les fans devront donc encore un peu patienter avant de voir leur monstre favoris à nouveau au cinéma.

Les victimes présumées demandent d'être entendues — Affaire Benalla
Ils appartiennent à la puissante Direction de l'ordre public et de la circulation (DOPC), de la préfecture de police de Paris. Tous deux ont été placés en garde à vue notamment pour violences et usurpation de fonction .

Buffy The Vampire Slayer Will Battle Blood Suckers Again In Reboot
Whedon's dance card is predictably full, despite departing the Batgirl film earlier this year. However, Monica Owusu-Breen will be showrunner, writer, and also an executive producer.

Roseanne Releases Crazed Video Apology in Response to Controversial Tweet
Shaking her head and sighing, she continues, "That's what my tweet was about!" Jarrett was also an aide to former President Obama. Roseanne Barr has finally appeared on camera to explain that racist Valerie Jarrett tweet .

Jose Mourinho raves about 18-year-old Man United star
When Mata went to the sides, it was a kid who has trained with us for the first time in this pre-season'. At the other end Lee Grant, making his debut following a summer move from Stoke, made two smart stops.

Trump says he 'did nothing wrong' after Cohen tape revelation
When questioned about the allegations, President Trump has denied the affair and said he had no knowledge of any payment. President Donald Trump participates in a cabinet meeting at the White House in Washington, U.S., July 18, 2018.

Affaire Benalla : un périlleux exercice de communication politique
A gauche d'Alexandre Benalla , Philippe Mizerski, le policier chargé "d'encadrer" le collaborateur de l'Elysée . Benalla: mise à pied deux semaines sans versement de salaire et changement d'affectation.

Une serveuse corrige un client aux mains baladeuses
La serveuse a ensuite demandé à ses collègues d'appeler la police. Sauf que ce dernier ne s'en est pas tiré aussi facilement. Et elle ajoute: "Je n'ai pas réfléchi, j'ai juste agi.