Tag Archives: drug

FDA approved world’s priciest drug using faulty data

The Food and Drug Administration is taking action against pharmaceutical giant Novartis for failing to report faulty data to government regulators about its $ 2.1 million drug that treats a paralyzing, fatal genetic disease. The FDA plans to “use its full authorities to take action, if appropriate, which may include civil or criminal penalties” against… Read More »

Senate advances drug pricing bill, setting up September vote

Dive Brief: Legislation limiting drug price increases in Medicare will face a full Senate debate in September after the Finance Committee approved it on a mixed vote Thursday. The bill could see some modification before then to incorporate additional proposals, potentially including a ban on rebates to payers. In addition, House Democrats are working on… Read More »