Pharmaceutical manufacturing

FILE - This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports earnings Friday, Feb. 1, 2019. (AP Photo/Seth Wenig, File)
February 01, 2019 - 8:58 am
Higher medicine sales and lower restructuring and other costs lifted drugmaker Merck to a $1.83 billion profit in the fourth quarter, as it edged past Wall Street expectations. The maker of blockbuster cancer drug Keytruda and Januvia diabetes pills lost $1.05 billion a year earlier, when it had a...
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FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
January 31, 2019 - 7:55 pm
WASHINGTON (AP) — The Trump administration Thursday unveiled a plan to channel now-hidden prescription drug rebates directly to patients, saying it would bypass middlemen and lower prices for consumers. The proposed regulation from Health and Human Services Secretary Alex Azar would eliminate...
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Trader Michael Unkonis, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 29, 2019. Stocks are opening slightly higher on Wall Street as several big U.S. companies reported solid results for the latest quarter. (AP Photo/Richard Drew)
January 29, 2019 - 3:44 pm
NEW YORK (AP) — Major U.S. stock indexes were mostly lower late Tuesday afternoon, placing the market on course for its second decline in a row. Losses in technology and media companies outweighed gains in industrial and health care stocks. Early gains faded as investors assessed a mixed bag of...
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Sen. Chuck Grassley, R-Iowa, center, chairman of the Senate Finance Committee, is joined at left by Sen. Ron Wyden, D-Ore., the ranking member, at a hearing on the high price of prescription drugs, on Capitol Hill in Washington, Tuesday, Jan. 29, 2019. (AP Photo/J. Scott Applewhite)
January 29, 2019 - 11:35 am
WASHINGTON (AP) — A senior Republican lawmaker said Tuesday that he plans to investigate the "unacceptable" cost of insulin, as Congress opened hearings on high prescription drug prices and how government might put the brakes on a pharmaceutical industry used to setting its own terms. "I have heard...
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FILE- This Dec. 4, 2017, file photo shows a tablet of Pfizer's Viagra, left, and the company's generic version, sildenafil citrate, at Pfizer Inc., headquarters in New York. Pfizer Inc. reports earnings Tuesday, Jan. 29, 2019. (AP Photo/Richard Drew, File)
January 29, 2019 - 9:13 am
NEW YORK (AP) — Pfizer lost $394 million in the fourth quarter as it booked billions in charges for layoffs and losses related to the acquisition of a trouble-plagued business that makes sterile injectable medicines. While Pfizer edged past Wall Street's profit expectations, its financial forecast...
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FILE- In this Jan. 18, 2019, file photo specialist Michael Pistillo works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 25. (AP Photo/Richard Drew, File)
January 25, 2019 - 4:42 pm
NEW YORK (AP) — Stocks closed higher on Wall Street Friday, recovering a chunk of their losses from earlier in the week. Technology and industrial companies jumped. Traders took a brighter view on the economy, and U.S. companies continued to report solid results for the fourth quarter. Energy and...
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In this photo taken with a long shutter, the sign of the World Economic Forum is displayed at the entrance of the at annual meeting of the forum in Davos, Switzerland, Tuesday, Jan. 22, 2019. (AP Photo/Markus Schreiber)
January 22, 2019 - 12:32 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 6:30 p.m. Drugmaker Merck says it will ship another approximately 120,000 doses of an experimental Ebola vaccine to Congo by the end of next month amid the second deadliest outbreak in history...
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FILE - In this Jan. 4, 2019, file photo Rep. Elijah Cummings, D-Md., speaks at the Capitol in Washington, Friday, Jan. 4, 2019. Leading congressional liberals are unveiling a package of bills that aims to reduce what Americans pay for prescription drugs by linking prices to lower costs in other countries. Vermont Independent Sen. Bernie Sanders and Cummings plan to introduce three bills Thursday, Jan. 10. (AP Photo/J. Scott Applewhite, File)
January 14, 2019 - 12:41 pm
WASHINGTON (AP) — House Democrats announced a sweeping investigation Monday of the pharmaceutical industry's pricing practices, jockeying for the upper hand with the Trump administration on an issue that concerns Americans across the political spectrum. Oversight and Reform Committee Chairman...
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Sen. Bernie Sanders, I-Vt., center, joined from left by Sen. Richard Blumenthal, D-Conn., Rep. Peter Welch, D-Vt., Rep. Elijah Cummings, D-Md., and Sen. Cory Booker, D-N.J., speaks to reporters as he prepares to introduce new legislation that aims to reduce what Americans pay for prescription drugs, especially brand-name drugs deemed "excessively priced," during a news conference on Capitol Hill in Washington, Thursday, Jan. 10, 2019. (AP Photo/J. Scott Applewhite)
January 10, 2019 - 2:34 pm
WASHINGTON (AP) — Challenging President Donald Trump to make good on his pledge to cut prescription drug prices, congressional liberals proposed legislation Thursday to bring U.S. prices in line with the much lower costs in other countries. The Democratic bills stand little chance of becoming law...
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FILE- In this July 11, 2018, file photo, Bridgett Snelten holds her Trulicity injection at her home in Sandy, Utah. Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV. On Tuesday, Jan. 8, 2019, the company began running TV ads for Trulicity, a popular diabetes drug, that don’t give the price but direct viewers to the website. (AP Photo/Rick Bowmer, File)
January 08, 2019 - 5:27 pm
Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV. On Tuesday, the company began running TV ads for a popular diabetes drug that don't give the price but direct viewers to the website . The site gives Trulicity's monthly list price of $730.20, the average...
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