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+1
Under Rated

CVS Caremark spent more than $1M lobbying in 2Q (AP)

ECONOMY Tue Aug 12, 2008 @ 3:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- CVS Caremark Corp., the nation's largest pharmacy chain, spent just over $1 million in the second quarter to lobby the federal government, according to a recent disclosure form. The Woonsocket, R.I.-based company lobbied on legislation.. Read More
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Under Rated

Abbott Labs spent more than $1M lobbying in 2Q (AP)

ECONOMY Mon Aug 4, 2008 @ 12:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Drug and medical device maker Abbott Laboratories spent just over $1 million lobbying the federal government on health care issues in the second quarter, according to a recent disclosure form. Abbott lobbied against a bill aimed at upd.. Read More
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Under Rated

Record Spending In Washington Gets Inconsistent Results (Investor's Business Daily)

ECONOMY Sat Jun 28, 2008 @ 6:00pm neoform
biz.yahoo.com -- Last week's news that the drug industry spent a record amount of cash lobbying Congress in 2007 served as a reminder that money can only accomplish so much, even in the nation's capital. Pharma and biotech organizations ponied up $168 million on lobbying.. Read More
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Under Rated

Reserving Tamiflu for workers in case of pandemic (AP)

ECONOMY Thu Jun 26, 2008 @ 3:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Fears of bird flu are receding and sales of the anti-flu drug Tamiflu have slumped. Now its maker is offering a deal to U.S. employers: Pay an annual fee and reserve enough to protect every worker if a new super-flu strikes. The plan a.. Read More
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Under Rated

Will Mexico's Drug Wars Hurt Business? (BusinessWeek)

ECONOMY Mon Jun 9, 2008 @ 9:00am neoform
biz.yahoo.com -- President Felipe Caldern's efforts to eradicate Mexico's powerful drug cartels have unleashed a bloody turf war among competing traffickers. If the violence gets much worse it could strike at the heart of the Mexican economy as foreign and local investors.. Read More
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Under Rated

Pfizer spent $2.8M lobbying government in 1Q (AP)

ECONOMY Sat Jun 7, 2008 @ 3:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Pfizer Inc., the world's largest drug maker, spent $2.8 million lobbying the federal government in the first quarter, according to a recent disclosure form. The company lobbied on the importance of protecting pharmaceutical patents int.. Read More
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Under Rated

Quaid testifies of peril to newborn twins (AP)

ECONOMY Wed May 14, 2008 @ 12:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Actor Dennis Quaid told Congress on Wednesday of a harrowing, near-fatal drug mixup in which his newborn twins were administered 1,000 times the normal dose of a blood thinner. The actor said his family's brush with tragedy underscores.. Read More
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Under Rated

Baxter spent $730,000 lobbying government in 1Q (AP)

ECONOMY Mon May 12, 2008 @ 6:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Drug and medical device maker Baxter Healthcare Corp. spent $730,000 lobbying the federal government on health care issues in the first quarter. The company lobbied on funding for the Food and Drug Administration, which reviews the saf.. Read More
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Under Rated

Amylin spent $198,000 lobbying in the first quarter (AP)

ECONOMY Fri May 9, 2008 @ 12:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Amylin Pharmaceuticals Inc. spent $198,000 lobbying the federal government on prescription drug issues in the first quarter of 2008. The San Diego, Calif.-based company lobbied on legislation affecting the Medicare prescription drug be.. Read More
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Under Rated

Abbott spent $880,000 on lobbying in the first quarter (AP)

ECONOMY Wed Apr 30, 2008 @ 6:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Drug and medical device maker Abbott Laboratories spent $880,000 lobbying the federal government on health care issues in the first quarter. Abbott lobbied Congress on a bill aimed at updating the U.S. patent system. High-tech companie.. Read More
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Under Rated

Pa., managed-care companies spar over drug coverage (AP)

ECONOMY Tue Apr 29, 2008 @ 6:00pm neoform
biz.yahoo.com -- HARRISBURG, Pa. (AP) -- Managed-care companies that provide health coverage to nearly 1 million Medicaid recipients are opposing Pennsylvania's proposal to directly manage prescription drug benefits -- a move the state's public welfare chief says could ev.. Read More
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Under Rated

Fed Rules Claim to Pre-Empt Injury Suits (AP)

ECONOMY Sun Mar 30, 2008 @ 3:00pm neoform
biz.yahoo.com -- NEW ORLEANS (AP) -- If you think the prescription drug you took for headaches caused your heart attack, the Food and Drug Administration says you can't sue the maker for injury if it met agency standards. The Consumer Product Safety Commission says you c.. Read More
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Under Rated

Cephalon Spent Over $1M to Lobby in 2007 (AP)

ECONOMY Fri Mar 28, 2008 @ 6:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Drug maker Cephalon Inc. spent over $1 million lobbying the federal government last year on issues affecting its medicines. Cephalon and other biotech makers lobbied on legislation to allow the Food and Drug Administration to approve g.. Read More
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Under Rated

Drug Maker Pays $4M to Settle Charges (AP)

ECONOMY Thu Mar 27, 2008 @ 6:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- The U.S. subsidiary of a Japanese pharmaceutical company has agreed to pay more than $4 million to settle charges that it illegally marketed an anti-psychotic drug, the Justice Department said Thursday. Otsuka Pharmaceutical Co. Ltd.'s.. Read More
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Under Rated

Pfizer Lobbied on Pharmaceutical Issues (AP)

ECONOMY Sat Mar 1, 2008 @ 12:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Pfizer Inc., the world's largest drug maker, spent $13.8 million to lobby the federal government in 2007. The company lobbied on various appropriations bills, as well as on pharmaceutical counterfeiting and imports, Medicare drug prici.. Read More
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Under Rated

Radio Address by the President to the Nation (Business Wire)

ECONOMY Sat Mar 1, 2008 @ 12:00pm neoform
biz.yahoo.com -- WACO, Texas--(BUSINESS WIRE)--THE PRESIDENT: Good morning. Today, my Administration is releasing our 2008 National Drug Control Strategy. This report lays out the methods we are using to combat drug abuse in America. And it highlights the hopeful progress.. Read More
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Under Rated

FDA Clears Avastin for Breast Cancer (AP)

ECONOMY Sat Feb 23, 2008 @ 12:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- A Genentech drug received federal approval on Friday to treat breast cancer, a surprise decision that could represent a shift in standards for assessing the effectiveness of cancer medicines. Going against the recommendation of its adv.. Read More
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Under Rated

Drug Savings Program Expanding to NJ (AP)

ECONOMY Fri Feb 22, 2008 @ 6:00pm neoform
biz.yahoo.com -- TRENTON, N.J. (AP) -- A discount card already available in 19 states that gives patients without prescription coverage significant savings on their medications is now being launched across New Jersey. The program will start up in many other states by Jul.. Read More
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Under Rated

Express Scripts Lobbied on Drug Plans (AP)

ECONOMY Sat Feb 16, 2008 @ 12:00pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Express Scripts Inc. spent $980,000 in 2007 to lobby the federal government on prescription drug benefits under the military healthcare system. The St. Louis-based provider of pharmacy benefit management services spent $490,000 on lobb.. Read More
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Under Rated

Medicare Part D explained (Bankrate.com)

ECONOMY Mon Dec 31, 2007 @ 9:01am neoform
biz.yahoo.com -- Finding prescription drug coverage just got trickier. Probably less expensive, too. Enrollment begins today for Medicare's first prescription-drug coverage program. Known as Medicare Part D, this benefit will be available to all Americans age 65 and olde.. Read More
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