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Big Pharma’s Profit Problem Remains

Consumers have been infuriated about the way that pharmaceutical companies have been raising the prices of their products. The outcry has been so strong that the media has covered this issue extensively and done many stories about it. Politicians and health insurance companies have also spoken out unfavorably about the price increases. However, the massive…

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The Sad Truth: Big Hikes On Drug Prices Within USA

The high price of drugs in the United States has been a popular topic during the past two decades. However, the situation has become significantly worse since 2011. The past five years have seen a 100 percent increase in the prices of four of the country’s top 10 most popular drugs. This has helped contribute…

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Big Pharma’s Spending

The price of name-brand drugs in the United States has been a hot topic of conversation for many years. However, the problem is now much worse than it has ever been before. The prices that some companies are charging for their drugs are now so expensive that even people with a decent income will have…

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Why Drugs Cost More Than They Should: The $3.5 Billion Dollar Reason

Pharmaceutical Companies Offer Pay-for-Delay Deals to Generic Drug Manufacturers Anyone needing prescription medications that are required for an illness or chronic health condition is probably shocked by the high cost of brand-name drugs. To avoid losing massive amounts of profits from new medications, pharmaceutical companies have offered pay-for-delay plans to generic medication manufacturers. The average generic…

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Why Are Pharmaceuticals Cheaper Abroad?

Citizens of the United States often bemoan the costs of healthcare, pointing to the ever-increasing prices of prescription drugs as a prime example of what is wrong with the current system. The truth of the matter is that Americans are not wrong about the seemingly exorbitant expenses associated with prescription drugs; in fact, American consumers…

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What Check 21 Can Do For You

With the proliferation of the Internet, American consumers needed a new way to make purchases, and the Check 21 Act gave this to them. For example, when you pay for your goods with a check, the retailer creates an electronic image of it. This eliminates the need for your bank to have the paper version…

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Big, Bad Pharma: Daraprim Increases From $13.50 per pill to $750, Overnight

Patients who require Daraprim could have more difficulty obtaining the drug after the price rose from $13.50 per pill to $750 overnight. Martin Shkreli, the CEO of Turing Pharmacuticals, has been unapologetic about drastically increasing the price of a 62-year-old drug. According to Shkreli, Daraprim was not priced appropriately when his start-up company bought rights…

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The Truth Behind Opposition of International Prescription Referral Services

Before online pharmacies became immensely popular, Americans used to take buses to Canada to fill their prescriptions. Nowadays they have the convenience of jumping online and saving tons of dollars by completing their purchase via online prescription referral services, like Planet Drugs Direct. Americans are flocking to these Canadian prescription referral services rather than doing…

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Familial Genetic Disorder Leads to Manufacture of New Medication to Reduce Levels of LDL Cholesterol

New Drug Approved to Lower LDL Cholesterol The Food and Drug Administration has approved a new prescription medication designed to lower a patient’s LDL cholesterol levels. Low-density lipoproteins are considered more dangerous than other forms of cholesterol. In addition, there are individuals with a propensity for developing chronic heart disease due to a genetic abnormality…

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Female Viagra Nearing Approval in U.S.

A panel from the United States government is backing a new, pioneer medication to treat female sexual interest/arousal disorder, which is more commonly known as FSIAD. FSIAD can deeply affect the lifestyles of many women, possibly dissolving relationships and lowering day to day levels of satisfaction. Flibanserin, currently nicknamed the “female Viagra”, works to help…

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