article thumbnail

Senators Grill Pharmacy Benefit Execs About Skyrocketing Drug Prices

Xconomy

Executives from five of the companies that negotiate drug prices on behalf of insurers testified Tuesday before the Senate finance committee. These companies, known as pharmacy benefit managers (PBMs), negotiate prices with drug companies, using access as leverage. Their secret negotiations often lead to rebates and discounts that.

Pricing 94
article thumbnail

About this Blog

SoCal CTO

skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 About this Blog Ive been thinking about doing a blog with my thoughts on technology and whats happening in the Los Angeles area technology scene for a while, but it was Ben Kuos recent start of a blog that inspired me to actually go ahead and do it. Thanks Ben.

Blogging 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Drug Price Watchdog ICER Deems Amgen Migraine Drug “Cost-Effective”

Xconomy

In setting a price thousands of dollars less than expected, Amgen has won over one of the pharmaceutical industry’s fiercest drug price critics. As Amgen approached an FDA decision last month for its migraine-prevention treatment , concern mounted that the drug would come at premium. After the FDA approved erenumab last.

Pricing 75
article thumbnail

Bio Roundup: Prices on TV, Novartis Hearts Radio, Warp Drive’s End

Xconomy

Two new battlegrounds emerged this week in the nation’s ongoing drug pricing debate. The first involved television: The federal government hopes that blaring prices in TV ads will essentially pressure drug makers into lowering them, and the pharma lobby fired back.

Pricing 74
article thumbnail

What Does the Post Crash VC Market Look Like?

Both Sides of the Table

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. It’s just math. Except the music stopped.

article thumbnail

Amgen Slashes Cholesterol Drug Price 60% to Match Rival Regeneron

Xconomy

Amgen is cutting the list price of its new cholesterol-lowering drug by nearly 60 percent, a move the company says is intended to make the product more affordable for more patients. The Tarrytown, NY firm recently offered significant price cuts to insurance companies that help boost access to its rival medicine alirocumab (Praluent).

Pricing 55
article thumbnail

Selecting a Software Development Company in 2024

TechEmpower

Our blog post 53 Questions Developers Should Ask Innovators has a list of questions any good development team would ask. Inquisitiveness: Prior to starting the project, you should receive an estimate of the work effort. To provide an accurate estimate, the firm should ask a multitude of questions.