Medical Middlemen: Broken system making it harder for hospitals and patients to get some life-saving drugs

BY BILL WHITAKERMAY 22, 2022 / 7:53 PM / CBS NEWSAmerican hospitals have been living with serious drug shortages for more than a decade. Most days, nearly 300 essential drugs can…

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California Governor Proposes Bold Plan to Create State Generic Drug Label

New California proposals would lower prescription drug costs, increase access to health coverage, and restrict and tax vaping.JOSE LUIS PELAEZ INC / GETTY IMAGES alifornia is known for progressive everything, including…

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Teva and Other Generic Drugmakers Inflated Prices Up to 1,000%, State Prosecutors Say

According to a new lawsuit, generic medications including oral antibiotics, blood thinners, cancer drugs, contraceptives and H.I.V. treatments were subject to unlawful price fixing.CreditCreditRamin Rahimian for The New York Times…

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Sweeping lawsuit accuses top generic drug companies, executives of fixing prices

More than 40 states say the biggest drug makers engaged in "industry-wide conspiracy" to fix prices of generic drugs2019 May 12 CORRESPONDENT : Bill WhitakerCBSNEWS VideoIt might be the biggest price-fixing…

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Cutting US drug prices to match rates in the UK, Japan and Canada would save Medicare tens of billions of dollars, study suggests

On average, drugs commonly used by Medicare beneficiaries cost over four times more in the US than in the UK The same drug may be anywhere from 30 percent to 7,000…

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Whistleblowers: Company at heart of 97,000% drug price hike bribed doctors to boost sales

By Wayne Drash, CNN Updated 9:36 AM ET, Tue April 30, 2019 (CNN)Two whistleblowers at a pharmaceutical company responsible for one of the largest drug price increases in US history said…

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Big Pharma spends record millions on lobbying amid pressure to lower drug prices

By Susan Scutti, CNN Updated 2:56 PM ET, Wed January 23, 2019  (CNN)The lobbying group for the pharmaceutical industry spent about $27.5 million on lobbying activities in 2018, federal filings show. This is…

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What one city did to fight high drug prices reveals a drug supply chain in which just about every link can benefit when prices go up

2018 May 06 CORRESPONDENT Lesley Stahl  The Rockford File is the story of how one very expensive prescription drug threatened to financially cripple an entire city. That city is Rockford,…

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