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Samsung Faces Resistance From Big Pharma in the U.S.Samsung’s foray into the U.S. biologic-drug market is proving tougher than expected, as the South Korean company faces strong resistance from established pharmaceutical companies while doctors and patients are reluctant to switch to biosimilars. I assume patents as well The margins aren't there either. Like regular drugs the cost of manufacturing is usually a fraction of 1% of the price so there's a lot of value capture. With biologics it's 66% so there's not as much value to capture for biosimilars. Totally worth it if the medication gets me looking like 👇
Source: WSJ - 🏆 98. / 63 Read more »
Would Big Pharma Pay for the Wall?Ensuring the federal government reopens soon is very much in the pharmaceutical industry’s interest. Absent a deal, the FDA will run out of funds to process applications for new drugs. . let all be realistic here off course one needs the other to co-operate ! Shut down is because the Democrats would rather have our society threatened than work out a deal. The Democrats have politically decided they are far more important than joe citizen No, they are so greedy with their money
Source: WSJ - 🏆 98. / 63 Read more »
U.S. lawmaker launches investigation into pharma drug pricingA top U.S. lawmaker launched an investigation into pharmaceutical industry prici... In the meantime, he should investigate how much Cory Booker took in from big pharma. Will this be a priority of His ? Drug pricing is a National issue and Needs Deep Investigation. ABC FoxNews CBSNews
Source: Reuters - 🏆 2. / 97 Read more »