Drug Pricing
Commentary
Learn about Sen. Sanders' latest scheme to cut drug prices
Why Bernie Sanders’ Ozempic crusade is misguided
Wouldn’t it be nice if we didn’t have to pay for the things we want? That’s the long and short of U.S. Sen. Bernie Sanders’ latest harebrained scheme to cut drug prices. In the Vermont independent’s capacity as chairman of the Senate Health, Education, Labor and Pensions Committee, Sanders sent ...
Sally C. Pipes
June 18, 2024
Commentary
Read the latest on drug innovation
How The FDA’s Sunscreen Skepticism Burns Americans
Every day, nearly 10,000 people in the United States are diagnosed with skin cancer. The good news is that applying sunscreen can substantially reduce a person’s risk of getting skin cancer. The bad news is that the federal government is doing its best to keep effective sunscreens out of the hands of ...
Sally C. Pipes
June 10, 2024
Commentary
Read the latest on drug pricing
Insulin Prices Fall, Democrats Respond With Denial
For years, the left’s campaign to dictate the price of prescription drugs has focused on one medicine above all others — insulin. The hormone was discovered more than a century ago by Canadian doctor Frederick Banting and his medical student Charles Best. They famously sold their patent to the University of ...
Sally C. Pipes
May 31, 2024
Commentary
Don’t Import British Methods For Rationing Access To Drugs
Earlier this year, European authorities recommended approval of tofersen, a new drug that treats a rare genetic form of amyotrophic lateral sclerosis, or ALS. That decision came nearly a year after American regulators granted the drug accelerated approval. Patients with that rare form of ALS in England aren’t so lucky. The National Institute for ...
Sally C. Pipes
May 28, 2024
Commentary
Read the latest on drug pricing
Inflation Reduction Act Will Destroy Drug Access
Last month at a White House event, President Joe Biden and Sen. Bernie Sanders, I-Vt., took a victory lap for supposedly having “beat Big Pharma” through drug-pricing provisions in the Inflation Reduction Act. Beaming with pride, they hailed new powers for Medicare to “negotiate” drug prices as a historic achievement. But their self-congratulation rests ...
Sally C. Pipes
May 20, 2024
Drug Pricing
NEW BRIEF: JAMA Study Justifying Drug Price Controls Deeply Flawed, Patient Health Jeopardized if Findings Implemented
SACRAMENTO – A new brief released today by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute analyzes a Journal of the American Medical Association (JAMA) study cited by Sen. Bernie Sanders (I-Vermont) to justify drug price controls, finding it was deeply flawed and would put ...
Pacific Research Institute
May 8, 2024
Commentary
Read the latest on pharmaceutical benefit managers
Biosimilars could save the healthcare system billions
Cost Plus Drug Company CEO Mark Cuban recently pointed out that self-insured businesses could save over $70,000 per employee annually by getting their workers to switch from AbbVie’s blockbuster anti-inflammatory treatment Humira to a lower-cost biosimilar called Yusimry. Humira has a list price of roughly $7,000 per month. Since it lost market exclusivity last year, nine nearly identical copycats have hit ...
Sally C. Pipes
April 23, 2024
Commentary
Congress Has A Big Chance To Investigate A Financial Threat To Patients
Following an enormous cyberattack on a subsidiary of UnitedHealth Group, the Senate Finance Committee has called the company’s CEO, Andrew Witty, to testify on April 30th. The hackers stole millions of medical records, which reflects badly on the company’s ability to protect patients. But while members of Congress are grilling Witty about the ...
Sally C. Pipes
April 22, 2024
Commentary
Read the latest on prescription drug pricing
Biden, Sanders Took on ‘Big Pharma’ and Patients Lost
Speaking at a White House event with Sen. Bernie Sanders, I-Vt., very recently, President Biden crowed about his rapidly progressing scheme to impose price controls on prescription drugs. “Finally — finally we beat Big Pharma,” he said to Sanders. Unfortunately for Americans — and indeed, patients everywhere — the Democrats’ assault on the drug industry ...
Sally C. Pipes
April 16, 2024
Commentary
Read the latest on US drug pricing
Global Collaboration on Reference Models Will Further Depersonalize Healthcare
By Sally Pipes & Wayne Winegarden Question: What’s worse than government bureaucrats in Washington declaring the value of your medicine? Answer: Bureaucrats from Boston, London, Ottawa and Diemen establishing that value. Unfortunately, this is not a joke. It is the direction that the Institute for Clinical and Economic Review is ...
Pacific Research Institute
March 28, 2024
Learn about Sen. Sanders' latest scheme to cut drug prices
Why Bernie Sanders’ Ozempic crusade is misguided
Wouldn’t it be nice if we didn’t have to pay for the things we want? That’s the long and short of U.S. Sen. Bernie Sanders’ latest harebrained scheme to cut drug prices. In the Vermont independent’s capacity as chairman of the Senate Health, Education, Labor and Pensions Committee, Sanders sent ...
Read the latest on drug innovation
How The FDA’s Sunscreen Skepticism Burns Americans
Every day, nearly 10,000 people in the United States are diagnosed with skin cancer. The good news is that applying sunscreen can substantially reduce a person’s risk of getting skin cancer. The bad news is that the federal government is doing its best to keep effective sunscreens out of the hands of ...
Read the latest on drug pricing
Insulin Prices Fall, Democrats Respond With Denial
For years, the left’s campaign to dictate the price of prescription drugs has focused on one medicine above all others — insulin. The hormone was discovered more than a century ago by Canadian doctor Frederick Banting and his medical student Charles Best. They famously sold their patent to the University of ...
Don’t Import British Methods For Rationing Access To Drugs
Earlier this year, European authorities recommended approval of tofersen, a new drug that treats a rare genetic form of amyotrophic lateral sclerosis, or ALS. That decision came nearly a year after American regulators granted the drug accelerated approval. Patients with that rare form of ALS in England aren’t so lucky. The National Institute for ...
Read the latest on drug pricing
Inflation Reduction Act Will Destroy Drug Access
Last month at a White House event, President Joe Biden and Sen. Bernie Sanders, I-Vt., took a victory lap for supposedly having “beat Big Pharma” through drug-pricing provisions in the Inflation Reduction Act. Beaming with pride, they hailed new powers for Medicare to “negotiate” drug prices as a historic achievement. But their self-congratulation rests ...
NEW BRIEF: JAMA Study Justifying Drug Price Controls Deeply Flawed, Patient Health Jeopardized if Findings Implemented
SACRAMENTO – A new brief released today by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute analyzes a Journal of the American Medical Association (JAMA) study cited by Sen. Bernie Sanders (I-Vermont) to justify drug price controls, finding it was deeply flawed and would put ...
Read the latest on pharmaceutical benefit managers
Biosimilars could save the healthcare system billions
Cost Plus Drug Company CEO Mark Cuban recently pointed out that self-insured businesses could save over $70,000 per employee annually by getting their workers to switch from AbbVie’s blockbuster anti-inflammatory treatment Humira to a lower-cost biosimilar called Yusimry. Humira has a list price of roughly $7,000 per month. Since it lost market exclusivity last year, nine nearly identical copycats have hit ...
Congress Has A Big Chance To Investigate A Financial Threat To Patients
Following an enormous cyberattack on a subsidiary of UnitedHealth Group, the Senate Finance Committee has called the company’s CEO, Andrew Witty, to testify on April 30th. The hackers stole millions of medical records, which reflects badly on the company’s ability to protect patients. But while members of Congress are grilling Witty about the ...
Read the latest on prescription drug pricing
Biden, Sanders Took on ‘Big Pharma’ and Patients Lost
Speaking at a White House event with Sen. Bernie Sanders, I-Vt., very recently, President Biden crowed about his rapidly progressing scheme to impose price controls on prescription drugs. “Finally — finally we beat Big Pharma,” he said to Sanders. Unfortunately for Americans — and indeed, patients everywhere — the Democrats’ assault on the drug industry ...
Read the latest on US drug pricing
Global Collaboration on Reference Models Will Further Depersonalize Healthcare
By Sally Pipes & Wayne Winegarden Question: What’s worse than government bureaucrats in Washington declaring the value of your medicine? Answer: Bureaucrats from Boston, London, Ottawa and Diemen establishing that value. Unfortunately, this is not a joke. It is the direction that the Institute for Clinical and Economic Review is ...