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Trump Budget Touts Lower Drug Prices, But No Medicare Negotiation

Xconomy

As president-elect, Donald Trump in January 2017 slammed drug companies for “getting away with murder” and said he supported Medicare negotiation. He vowed during last month’s State of the Union speech that drug prices “will come down.” The first is drug importation—bringing in cheaper products from.

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Bio Roundup: Drug Prices, CRISPR Caveats, Rubius IPO Pop & More

Xconomy

After nearly two years of all smoke, no fire around President Trump’s promise to curtail drug prices, there’s finally some glimmer of action. Pfizer said last week it would halt its price hikes, and Novartis and Merck took similar actions this week. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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SPECIAL REPORT: 2019 Blockchain Outlook — Reality Check

Xconomy

After a breakout year in 2017, the blockchain sector suffered a series of blows in 2018, from crashing cryptocurrency prices to increased regulatory scrutiny of crypto ventures and deepening skepticism about whether the technology was actually useful.

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Could Facebook’s Crypto Break Financial System? Congress Airs Fears

Xconomy

In late 2017, a federal watchdog unit assigned a working group to keep an eye on cryptocurrencies such as Bitcoin, and to sound an alert if those alternate currencies showed signs of becoming a risk to the stability of the US financial system.

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Senomyx, Maker of Flavor Enhancers, Set to be Acquired by Firmenich

Xconomy

But since then its stock price has fallen significantly, dropping below $1 per share multiple times in the past two years, which nearly got the listing booted from the Nasdaq exchange. billion in sales in 2017—said Thursday it had had agreed to buy Senomyx for $1.50 Through a U.S. per share, or.

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Qualcomm Rolls Out First Commercial Use of Wireless EV Charger

Xconomy

Qualcomm (NASDAQ: QCOM ), the San Diego wireless technology giant, announced in a blog item this week that its Halo wireless electric vehicle charging technology will be available commercially for the first time in 2017, with the mid-year introduction of the 2018 model of the Mercedes-Benz S550e.

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Business Leaders Talk Trump’s Impact on Visas, Drug Pricing, Insurance

Xconomy

Here’s an excerpt of their Q&A: —What is your biggest healthcare-related fear for 2017? Alex Lash, our national biotech editor, traded e-mails with Bob Nelsen , co-founder and managing director at Arch Venture Partners. Nelsen is based in Seattle). Bob Nelsen Nelsen : Biggest fear is accidental.

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