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.... This is a prediction of the completely mainstream Stolper-Samuelson theorem, first published three-quarters of a century ago. And why is there so little research devoted to analysis of alternatives to patent financing of prescription drug research? The markups associated with patent protection in the sector are equivalent to tariffs of many thousand percent. ... [Read full article on Guardian ]
Thursday 27th of July 2017 10:00:46 AM
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....4 million members in the the US, is using its substantial fund holdings in McKesson, the fifth-largest corporation in the US, to press for leadership changes. This comes after the company paid the largest financial settlement of its kind amid lawsuits accusing it of “flooding” the country with prescription painkillers. ... [Read full article on Guardian ]
Tuesday 25th of July 2017 11:50:18 AM
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How about a little accountability for economists when they mess up? | Dean Baker image
.... This is a prediction of the completely mainstream Stolper-Samuelson theorem, first published three-quarters of a century ago. And why is there so little research devoted to analysis of alternatives to patent financing of prescription drug research? The markups associated with patent protection in the sector are equivalent to tariffs of many thousand percent. ...
Love Island is awful – but ITV's prospects are better | Nils Pratley image
Source : Guardian [Read Article] Wednesday 26th of July 2017 06:54:35 PM
.... Sir Andrew Witty created “discovery performance units” to get the scientists to work more efficiently. Now Emma Walmsley, his successor, is dishing out stiffer prescriptions. ...
How a father's tragedy moved the Teamsters to fight an opioid distributor image
....4 million members in the the US, is using its substantial fund holdings in McKesson, the fifth-largest corporation in the US, to press for leadership changes. This comes after the company paid the largest financial settlement of its kind amid lawsuits accusing it of “flooding” the country with prescription painkillers. ...
Wrong medicine? image
Source : BBC [Read Article] Friday 30th of June 2017 09:01:07 PM
....Alarmed at the mounting pressure, several major drug companies earlier this year pledged to limit price increases to less than 10%. But healthcare shares rallied last week, as Senate and White House proposals for healthcare and prescription drugs came into focus without signs of a crackdown. ...
Moving abroad: Here is what you should and should not be doing image
Source : Daily Express [Read Article] Friday 30th of June 2017 06:31:00 PM
....Checking how far away services such as hospitals, schools and supermarkets are will help you plan your lifestyle. Do also consider certain practicalities, such as healthcare; if you are on a prescription, will you still be able to access the medication you need?. ...
Passengers still without bags after British Airways IT meltdown image
Source : Guardian [Read Article] Tuesday 30th of May 2017 07:34:08 PM
.... Ola Holmstrom, 44, from London, whose family bank holiday break to see relatives in Sweden was aborted, said he had still not been reunited with his luggage, which had been sent to Stockholm. It included prescription medicine and his wife’s glasses. ...
British Airways owner loses £170m in value after IT meltdown image
Source : Guardian [Read Article] Tuesday 30th of May 2017 09:01:05 AM
....Customers said they had been told tens of thousands of bags were being kept in warehouses at Heathrow. Ola Holmstrom, 44, from London, whose family bank holiday break to see relatives in Sweden was aborted, said he had still not been reunited with luggage that included prescription medicine and his wife’s glasses. ...
Even Trump's Twitter binges aren't enough to make it worth $11bn | Nils Pratley image
....Like Witty, she argued that reliable cashflows from vaccines and consumer products are a natural counterweight to the higher risk and more volatile business of developing pharmaceutical drugs. And she agreed that there are benefits from being able to switch prescription medicines to the consumer category when patents expire. ...
Five-minute guide to 'National Price Hike Day' image
Source : Daily Express [Read Article] Sunday 2nd of April 2017 12:01:00 AM
....uk, has dubbed April 1 “National Price Hike Day”. “From postage to prescriptions and dental costs, your wallet is going to be hit left, right and centre,” she warns. ...
What businesses want from the talks image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:01:52 PM
.... To protect the sector's "rich heritage", regulatory co-operation needs to continue, according to the Association of the British Pharmaceutical Industry (ABPI). The industry - which accounts for one in five of the best-selling prescription drugs worldwide - is "confident" Mrs May understands its priorities for the talks. ...
Calls for ibuprofen sale restrictions after study finds cardiac arrest risk image
....Other medicines from the same group of painkillers, known as non-steroidal anti-inflammatory drugs (NSAIDs), presented an even higher risk, according to the findings published on Wednesday in the European Heart Journal. Diclofenac, available over the counter in the UK until 2015 and still taken on prescription, raised the risk by 50%. ...
M&S launches mental health drop-ins as part of Ruby Wax project image
Source : Guardian [Read Article] Tuesday 14th of March 2017 01:56:46 PM
....”. The economic cost of mental health problems in the UK is estimated at roughly £105bn a year with about 4m prescriptions for antidepressants written annually. ...
Drugs disaster image
Source : BBC [Read Article] Monday 6th of March 2017 12:10:46 AM
.... Have they been prescribed by a vet? No, the farmer explains. You don't need a prescription to buy antibiotics. ...
UK pharma firms accused of illegal deals to hike price of life-saving drug image
....Hydrocortisone tablets are prescribed to people whose adrenal glands do not produce enough steroid hormones, such as those suffering from Addison’s disease. About 1m prescriptions of the drug were distributed last year. ...
EpiPen alternative to hit market at more than seven times the price image
Source : Guardian [Read Article] Monday 13th of February 2017 11:00:11 AM
.... Both are now priced at $4,500. Evzio’s price shot up from $690 beginning in November 2015 – a 552% increase, according to Express Scripts, which helps administer prescription drug benefits for health insurers. ...
No place like home: America’s eviction epidemic image
Source : Guardian [Read Article] Sunday 12th of February 2017 10:00:03 AM
....Larraine considered asking her brothers and sisters for help. There was her eldest sister, Odessa, who lived a few miles away and spent her days in a nightgown on a corduroy recliner, watching talk shows next to a lampstand crowded with prescription medication containers. ...
Drugs firms face fresh questions after Actavis accused of 12,000% price hike image
....The treatment is prescribed to people whose adrenal glands do not produce enough steroid hormones, such as those suffering from Addison’s disease. Almost 1m prescriptions were distributed over the last year. ...
Wall Street: Dow Jones and S&P 500 hit fresh records image
Source : BBC [Read Article] Wednesday 7th of December 2016 10:45:10 PM
....Telecommunications, property and transportation shares gained on Wednesday. However, healthcare was a big loser after Trump said he wanted to bring down prescription prices. ...
RBS’s past sins are still shaping the bank’s future | Jill Treanor image
Source : Guardian [Read Article] Thursday 1st of December 2016 01:02:49 PM
....So the bailed-out bank – already being kept alive by a £45bn lifeline from the taxpayer – is taking another dose of medicine to try to get itself into better shape. The prescription involves pulling back from riskier activities, and cutting costs. ...
CitySprint courier tells tribunal of fear of receiving less work on refusing jobs image
....”. Dewhurst, whose background is in architecture, makes deliveries to a range of hospitals in London, routinely delivering clinical notes, blood and semen samples, and prescriptions including restricted drugs. ...
GlaxoSmithKline names Emma Walmsley as chief executive image
Source : BBC [Read Article] Tuesday 20th of September 2016 06:38:45 AM
.... . The firm produces a broad spectrum of medical and consumer products from prescription medicines, vaccines and HIV treatments to skincare products. ...
Painkillers at £8.50 per pack are a bitter pill to swallow image
Source : Guardian [Read Article] Monday 5th of September 2016 06:00:21 AM
.... This is not a huge amount of money, but we can imagine how extras such as this add up. As for private prescriptions costing a whopping £8. ...
EpiPen maker to sell cheaper generic version image
Source : BBC [Read Article] Monday 29th of August 2016 03:58:22 PM
....Ms Bresch also blamed the complex US health care system for the price rises and said that Mylan took just $274 of the $600 list price, while insurers, pharmacies and other parties shared the rest. How much individuals pay for an EpiPen prescription can depend on their insurance coverage. ...

Oscar Pistorius 'on suicide watch' in South Africa prison
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Source : Telegraph [Read Article] Sunday 14th of August 2016 05:26:03 PM
....He alleged that the prison official wanted to kill him and demanded to be transferred to another jail. Wardens also raided his cell and found a pair a scissors, prescription drugs and "toxic pills". ...

Scottish Labour is lost in the wilderness
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Source : Telegraph [Read Article] Friday 12th of August 2016 12:58:43 PM
.... But the administration they’ve run in Edinburgh for the past nine years has had a distinctly centre-Right flavour. It has consistently opposed higher taxes for the wealthy while supporting state aid for the same people in the form of free prescriptions and university tuition. ...

Ten thousand pregnant Frenchwomen took epilepsy drug that raises risk of birth defects, report says
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....Dépakine's manufacturers insist they have always warned of the dangers. But FACSA, the British awareness group, said it recently learnt that doctors were advised by the now defunct Committee on Safety of Medicines not to tell patients of the drug’s dangers when it was first issued for prescriptions in 1973. ...
UK top for online drug sales in Europe image
Source : BBC [Read Article] Wednesday 10th of August 2016 11:04:10 AM
....Cannabis was the most popular item on the underground websites, accounting for a third of transactions. Purchases of prescription-only medicines accounted for a further 19%. ...

The NHS needs to take better care of itself
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 09:25:28 AM
.... It is proposing to save £1. 1 million per year by stopping free prescriptions for paracetamol, cold remedies and gluten free foods except where absolutely medically necessary. ...

Donald Trump promises tax-free childcare to jump-start US economy
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Source : Telegraph [Read Article] Monday 8th of August 2016 10:54:54 PM
....Mr Trump was seeking to reset his campaign after a disastrous week when he fell up to 15 points behind Mrs Clinton in polls. He accused Mrs Clinton of "stale, big government policy prescriptions that have choked economic growth in America and led to over 40 years of wage stagnation. ...

Dozens of New York mobsters arrested by the FBI with names such as 'Muscles', 'Tony the Cripple', 'Mustache Pat' and 'Tugboat'
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....Illegal gambling was a major source of funds - one New York establishment held poker tournaments and took bets on the horses - while sports gambling businesses operated in New York, Florida, New Jersey and Costa Rica, it added. The crime ring allegedly sold firearms and untaxed cigarettes, and engaged in credit card fraud conspiracy and health care fraud using corrupt doctors to issue unnecessary prescriptions for an expensive cream, it stated. ...

British abuse of prescription drugs some of the worst in Europe
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Source : Telegraph [Read Article] Thursday 4th of August 2016 12:00:00 AM
. Endemic misuse of prescription drugs has traditionally been thought of as a US affliction, but new research suggests European habits are catching up, with Britain one of the worst offenders. ...
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'Indestructible' head lice now resistant to over-the-counter remedies, researchers warn
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...."It's important that parents contact a clinician if they suspect their child has head lice. "There are effective, non-pyrethrin, non-pyrethroid-based prescription agents that can be used if treatment with over-the-counter products such as Nix has been unsuccessful. ...
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Spending on diabetes prescriptions doubles to £1 billion in ten years
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Source : Telegraph [Read Article] Wednesday 3rd of August 2016 12:33:57 PM
. The escalating diabetes crisis is now costing the NHS almost £1 billion a year in prescriptions to treat and manage the disease. ...

Michael Douglas's son released from prison after seven years for drug offences
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....Douglas was treated for alcohol abuse in the 1990s. His half-brother, Eric, died in 2004 of an accidental overdose of alcohol and prescription pills. ...
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US conventions reveal stark choice facing America: open to all or build a wall 
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.... . "Americans don't say: 'I alone can fix it,'" Mrs Clinton said in her acceptance speech, mocking Mr Trump's prescription for healing the country's wounds. ...

Why is Hillary Clinton struggling against Donald Trump, and what will she do about it in the biggest speech of her career?
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.... Fewer than two-in-five Americans view him favourably, and those numbers are considerably lower among women and minorities. He has run a disorganised and divisive campaign, offered little in the way of policy prescriptions and lurched from one controversy to the next. ...

Doctor could face disciplinary for failing to spot effects of contraceptive pill, as coroner rules graduate's death could have been prevented
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....Miss Foster, who graduated from the University of Liverpool in 2014, was described at the hearing as a normally fit and healthy woman. She was given a three-month prescription of Dianette as a contraceptive and to combat acne in August last year, having advised a doctor of a family history of pulmonary embolism and breast cancer. ...

Graduate who died of a blood clot after starting contraceptive pill was told 'go for a spa' day by GP
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....". Miss Foster was given a three-month prescription of Dianette as a contraceptive and to combat acne in August last year, having advised a doctor of a family history of pulmonary embolism and breast cancer. ...
Young suffer as pensioners continue to prosper, says IFS image
Source : BBC [Read Article] Monday 18th of July 2016 11:02:12 PM
....5%. Pensioners are also entitled to non-means-tested winter fuel payments, free bus travel, free prescriptions, a Christmas bonus - and a free TV licence for those aged 75 and over. ...
Are YOU paying three times MORE for these drug brands that are the SAME as cheap options? image
.... . "Many of the manufacturers behind the well-known brands are often the first to bring new medicines to market, that bring new benefits to people such as a faster onset of action, prolonged duration of action or products that were previously only available on prescription. ...
Cash crop image
Source : BBC [Read Article] Wednesday 22nd of June 2016 11:00:50 PM
....In 2004 she was diagnosed with Sjogren's syndrome, an autoimmune disease. She spent years taking prescription medications that failed to alleviate her pain before being introduced to medical marijuana, which she says treated her symptoms far better than anything else. ...
Will losing Simon Roberts change Boots' 'poisonous' culture? image
Source : Guardian [Read Article] Thursday 9th of June 2016 07:57:58 PM
.... The business trades off its reputation as a trusted friend to ordinary Britons – their partner in helping them “feel good”. It is also dependent on the taxpayer for revenue: a third of its annual income – £2bn – comes from NHS prescriptions. ...
Yanis Varoufakis: Australia's negative gearing is 'scandalous' image
Source : Guardian [Read Article] Wednesday 25th of May 2016 06:22:53 AM
....Varoufakis’s answers are quick, sharp and eloquent – and ready. He barely needs a pause when asked what he’d do if suddenly installed as Australia’s treasurer, before he’s firing off a prescription for the economy. ...
Pfizer death penalty drug decision welcomed by activists but states fight on image
.... “It’s been getting progressively more difficult for states to obtain these medicines for executions and Pfizer’s stricter policy isn’t going to make it any easier. “If the states are not able to obtain medicines to use in executions from the manufacturer, they will have to look to compounding pharmacies [which make bespoke prescriptions],” he said. ...
Doctors wary as pharmacies cash in on minor check-ups and treatments image
....50. They can then take the prescription to the GP or pay privately. ...
'This is the pop culture legacy business': JAM Inc manages artists after death image
.... “But neither bands nor musicians have a great way to process issues, and issues come up over 20 or 30 years. If you don’t have a way to process that, and you add in a few zeros of wealth and a dusting of celebrity that everybody wants…” It’s a prescription for chaos and management headaches long into the future. ...
Yours, a stressed pharmacist: Boots article prompts flood of letters image
Source : Guardian [Read Article] Sunday 17th of April 2016 04:27:00 PM
....”. • “Patient safety is severely compromised as pharmacists are asked to clinically check prescriptions while ensuring people are being served at the tills, taking phone calls, giving advice to patients, handing out prescriptions, re-ordering medication for patients, texting patients, storing prescriptions, recording clinical information, etc. ...
Boots pharmacists feel the pressure of putting profit first | Letters image
Source : Guardian [Read Article] Thursday 14th of April 2016 06:28:05 PM
....Name and address supplied. • I have an elderly mother requiring a lot of routine repeat medication on prescription from her GP in north-west England. ...
Could Trump really save the US $19tn? image
Source : BBC [Read Article] Friday 8th of April 2016 02:52:33 PM
.... . He has pledged to reduce the cost of Medicaid - the government sponsored healthcare programme and the US government's second largest expense - by $300bn through reduced prescription drug costs. ...
Drug dealers using Instagram and Tinder to find young customers image
Source : Guardian [Read Article] Thursday 7th of April 2016 08:27:22 AM
....Drug dealers are branching out to platforms and apps, popular with young people, such as Instagram, Tinder, Kik and shopping app Depop to sell their wares. These can be anything from prescription medication and research chemicals to recreational drugs. ...
Ways to fight back against these sneaky price hikes image
Source : Daily Express [Read Article] Sunday 3rd of April 2016 12:01:00 AM
....Everyday life has just become even more expensive in the wake of “national price hike day” on Friday, when Britons were hit with a host of inflation-busting price increases on essentials. Council tax, postage stamps, prescription costs, dental charges, mobile phone tariffs and flights all went up, squeezing people’s wallets. ...
National price hike day: Millions hit with higher bills from TODAY image
Source : Daily Express [Read Article] Friday 1st of April 2016 12:05:00 PM
.... The price of water is also rising by one per cent to an average £389 a year. And prescription costs are leaping from £8. ...
Six things that are more expensive from 1 April image
Source : Guardian [Read Article] Friday 1st of April 2016 05:00:04 AM
.... For example, while the typical Severn Trent customer will pay a combined bill of £329, a figure that is unchanged on the previous year, an equivalent South West Water customer will have to fork out £488 (which would be £538 if it was not for a £50-a-year government contribution). NHS prescription charges go up by 20p – from £8. ...
No joke: It's national 'price hike' day image
Source : BBC [Read Article] Thursday 31st of March 2016 11:01:34 PM
....1%, or £46 a year, while residents of Wales will pay an extra £41. Water bills, prescription charges, and the cost of air travel are also rising. ...
Bargain Hunter: Beat the rise in prescription charges image
Source : Independent [Read Article] Friday 25th of March 2016 10:38:39 PM
...
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GSK chief Andrew Witty to leave drugmaker image
Source : Guardian [Read Article] Thursday 17th of March 2016 09:35:53 AM
.... He took action to clean up the company’s act. GSK became the first drugmaker to stop payments to doctors to speak on its behalf and to scrap bonus payments tied to prescriptions. ...
Nike suspends contract with Sharapova image
Source : BBC [Read Article] Tuesday 8th of March 2016 07:37:42 AM
....It was on Wada's 'watchlist' for over a year and added to the banned list on 1 January. Made in Latvia, it is widely available - without prescription and at low cost - in many east European countries, but it is not licensed in most western countries, including the United States. ...
In-N-Out Burger beefs up its promise of antibiotic-free meat image
Source : Guardian [Read Article] Saturday 5th of March 2016 04:00:08 PM
....As a California cattle producer, Harris Ranch also faces other pressure to change its use of antibiotics. The state passed a law that will go into effect in January 2018 and restrict the routine use of antibiotics and require a veterinarian’s prescription to obtain the drugs. ...
Wellness programs at work: could your boss be spying on your health? image
Source : Guardian [Read Article] Monday 29th of February 2016 12:00:06 PM
....In an effort to cut healthcare costs, large employers have started data mining their workers to assess their health status and target them in ways that might head off trouble. Health information company Castlight Healthcare, for example, recently developed a “new product that scans insurance claims to find women who have stopped filling birth control prescriptions, as well as women who have made fertility-related searches on Castlight’s health app, according to Wall Street Journal. ...
Safety first, says the PM, but the EU puts money and people at risk image
Source : Telegraph [Read Article] Friday 26th of February 2016 10:00:42 PM
.... His new book, which we are serialising, is called The End of Alchemy. He uses that title not to describe a bad era which is over, but to offer a prescription for one that persists. ...
The truth behind China's exchange rate delusion image
Source : Guardian [Read Article] Thursday 18th of February 2016 01:24:52 PM
....The optimists’ unreality is rivalled by that of supply-siders, who would apply shock therapy to China’s slumping state sector and immediately integrate the country’s underdeveloped capital markets into today’s turbulent global financial system. That is a profoundly dangerous prescription. ...
Questor share tip: Defensive Reckitt Benckiser shares soar as sales accelerate image
.... . Sales of non-prescription medicines were the fastest growing part of Reckitt in the 12 months to the end of December, with like-for-like sales up 14pc. ...
Abenomics is in poor health after Nikkei slide – and it may be terminal image
Source : Guardian [Read Article] Friday 12th of February 2016 12:09:11 PM
....And in April 2013 came the appointment of Haruhiko Kuroda, a Bank of Japan governor who shared Abe’s zeal for deflation busting through ever looser monetary policy. But by Friday, at the end of a dismal week for the Nikkei share index, market volatility caused by renewed fears over the health of the global economy has left Abe’s prescription for economic recovery in jeopardy. ...
University of Bath biotech spin-out wins EU approval for ground-breaking chlamydia test image
.... The idea is that the test, called the 'io system', is relatively cheap to carry out and can be done in a doctor's surgery or clinic, rather than in a hospital or lab setting. Patients get their results on the day and can go home with a prescription. ...
Better together, maybe,  but the break-up calls continue to plague GSK image
Source : Telegraph [Read Article] Saturday 6th of February 2016 07:12:05 PM
.... In a bid to quell the unrest, Witty unveiled a bold new strategy last year, which he says will bring a return to steady, long growth and reduce the company’s dependence on its struggling pharmaceuticals business. There would be a “fundamental shift” from high-priced prescription drugs towards its high-volume vaccines division and consumer products arm. ...
Presidential power: the race for the top US job can bruise candidates as well as world markets image
....4bn) off biotech stocks in one day. US presidential hopeful Hillary Clinton lambasted the astronomical price tags associated with prescription drugs on Sep 21, and a day later the Democratic candidate pledged to crack down on profiteering pharmaceutical firms. ...
GSK's turnaround will hinge on whether the drugs really do work image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 07:30:47 PM
....Then there’s the troubled question of the right corporate “balance”. GSK is a broader beast than most of its pharma brethren, but that might soon be an advantage, if the next US administration cuts up rough on the price of prescription medicines. ...
UK better inside EU, says GlaxoSmithKline chief image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 03:02:37 PM
....Related: GlaxoSmithKline beats sales forecasts thanks to HIV drugs boost. While sales of GSK’s asthma drug Advair continue to slide due to generic copies coming on to the market, prescriptions for the new Breo and Anoro inhaled lung drugs have increased in the key US market after a slow start. ...
New drugs bolster GSK's sales image
Source : BBC [Read Article] Wednesday 3rd of February 2016 01:13:46 PM
....That deal increased the company's exposure to consumer healthcare at the expense of higher-margin pharmaceuticals. Chief executive Sir Andrew Witty believed the shift would create a sustainable and less volatile business, but some investors have called for a sale of the non-prescription consumer healthcare business. ...
The economy isn’t working. This could be Labour’s chance | Stewart Wood image
Source : Guardian [Read Article] Thursday 28th of January 2016 12:35:35 PM
....Related: The Big Shortfall: how UK taxpayers are cheated by business lobbyists | Simon Jenkins. But I think even those who found themselves agreeing with our diagnosis of what was wrong with Britain’s banks, energy markets, housing markets and employment laws didn’t think we had the prescription to go with it. ...
Home business 2015-2016 competition entry: AcneCare Express image
Source : Guardian [Read Article] Wednesday 27th of January 2016 05:36:55 PM
.... They complete an online consultation and consent form and then can send pictures of their acne via a secure platform. Once assessed by a doctor, an appropriate treatment plan is discussed with them online and a prescription (if needed) is sent electronically through to their local pharmacy, wherever in England they are. ...
Why 'big pharma' stopped searching for the next Prozac image
Source : Guardian [Read Article] Wednesday 27th of January 2016 12:00:04 PM
....The question is, why? SSRIs have proved a huge cash cow for the industry. In the US, prescriptions have risen dramatically over the past two decades, with four times as many adults taking antidepressants in the late 2000s as in the early 90s and industry profits in the tens of billions of dollars. ...
Changeover to universal credit is driving people into long-term debt | Lizzie Presser image
.... The stress debilitated her, and for days at a time she couldn’t leave the house. Her doctor wrote her a prescription for anti-anxiety medication. ...

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