All articles tagged with #drug industry
The U.S. plans to impose 100% tariffs on imported branded pharmaceuticals, potentially raising drug prices, but exemptions for generics and U.S.-based manufacturing facilities may limit the impact. Major drugmakers are stockpiling supplies in anticipation, and some European companies expect little to no effect due to existing manufacturing investments and trade agreements.
President Trump threatened to impose tariffs up to 250% on pharmaceutical imports to encourage domestic manufacturing, causing concern among drug companies about supply chain disruptions and increased costs, while major firms are investing heavily in U.S. production.
Robert F. Kennedy Jr., known for his critical stance against pharmaceutical companies and regulatory bodies, is set to gain significant influence, potentially impacting drug industry practices and public health policies.
Amazon Pharmacy announced that it will automatically apply manufacturer-sponsored coupons to over 15 insulin and diabetes medicines, helping patients access discounts pledged by the drug industry. This program eliminates the need for patients to manually search for and enter coupons from insulin makers such as Novo Nordisk, Eli Lilly, and Sanofi. The move comes after a report revealed that some patients were struggling to obtain discounted insulin from pharmacies. Amazon Pharmacy will also apply discounts to diabetes-related medical devices and other cardiometabolic medicines. The automated discounting aims to make it easier for the 37 million Americans with diabetes to access affordable treatments.