article thumbnail

STAT+: Wyden claims Pfizer used a ‘colossal’ scheme to avoid paying billions in U.S. taxes

STAT

for 2018 and 2020. In what one U.S. lawmaker described as possibly the “largest tax-dodging scheme” by a pharmaceutical company in history, Pfizer sold $20 billion in medicines to U.S. customers, but treating the profits as foreign income for tax purposes.

article thumbnail

Opinion: HIV self-testing is easy, effective — and underutilized

STAT

In May 2024, the Massachusetts Department of Public Health released a troubling report on a cluster of HIV infections, with more than 200 new cases since 2018 attributable to injection drug use in the Boston region.

292
292
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

STAT+: Pharma’s reputation with patient groups dips again, mostly due to pricing issues

STAT

In 2021, for instance, 59% of companies scored highly, compared with 41% in 2018. The back-to-back declines come after 60% of patient groups believed the industry fared well thanks to the initial response of many companies to quickly develop salves for the Covid-19 pandemic. Continue to STAT+ to read the full story…

article thumbnail

Incubators and innovation hubs: Accelerating entrepreneurship in life sciences

Express Pharma

References [link] [link] per cent20S per cent26amp per cent3BT_Incubator_ %2016–5-2018.pdf pdf [link] [link] [link] [link] [link] [link] The post Incubators and innovation hubs: Accelerating entrepreneurship in life sciences appeared first on Express Pharma.

article thumbnail

India’s Growing Importance in Generic Drug API Manufacturing

Drug Patent Watch

Hyderabad’s Pharma City, which has been under construction since 2018, is a significant example of this initiative. These parks are critical in reducing India’s reliance on China and making the country an attractive location for pharmaceutical manufacturing.

article thumbnail

Making Medicines Affordable: The Role of Generics

Drug Patent Watch

Making Prescription Drugs Affordable. Retrieved from [link] National Academies of Sciences, Engineering, and Medicine. Making Medicines Affordable: A National Imperative. Retrieved from [link] National Academies of Sciences, Engineering, and Medicine. Retrieved from [link] Source

article thumbnail

Operating losses of e-pharmacies seen falling below 10 per cent next fiscal

Express Pharma

References Operating losses at the Ebitda level, where Ebitda is earnings before interest, taxes, depreciation and amortisation Wellness products refer to various health, dietary and fitness supplements The Ministry of Health and Family Welfare published draft Rules on 28th August 2018 to amend the Drugs and Cosmetics Rules, 1945, aiming to regulate (..)