Big Pharma is in a rut. The industry keeps spending more and yet making fewer scientific breakthroughs.But help is on the way.
GlaxoSmithKline recently announced a radical change in R&D spending. The British drug giant will refocus on data analytics, and the link between the immune system and human disease.
Rarely does mention of the pharmaceutical industry conjure up images of smoke stacks, pollution and environmental damage.
Yet our recent study found the global pharmaceutical industry is not only a significant contributor to global warming, but it is also dirtier than the global automotive production sector.
Flu vaccines make pharma companies $3 billion a year and aren't very effective. Without a Manhattan Project-style initiative to modernize immunizations, things aren’t going to get any better.
Since 2015, DNA testing has become far more mainstream. 23andMe has added millions of customers, many of them less interested in the genetics of disease than their genetic ancestry. It’s one thing to build a database of customers interested in the genetics of disease and sell it to drug companies. It may be another to build the database out of people who simply want to know where their ancestors came from.
Just how expensive do prescription drugs need to be to fund innovative research?
Lawmakers want lower list prices, but insurers are at fault for mismanaging plans.
Waterways can contain traces of many drugs—among them antifungals, antimicrobials, and antibacterials, as well as ones for pain, fertility, mood, sleeplessness, and neurodegenerative diseases. If current trends persist, scientists estimate, the volume of pharmaceuticals diffusing into fresh water could increase by two-thirds by 2050.
Elected officials have made a lot of noise about the cost of prescription drugs. Now they must demand answers from pharmaceutical companies.
A majority of respondents blamed these companies for making the crisis worse.
An angry public overwhelmingly wants change in an easily vilified industry. The pharmaceutical industry’s recent publicity nightmare included 1,000 percent price increases and a smirking chief executive who said, “I liken myself to the robber barons.” Even powerful members of Congress from both parties have said that drug prices are too high.
In Britain the world's 20 top-selling medicines are three times cheaper than in the U.S.
The pharmaceutical giant GSK, which has held first place in the Access to Medicine Index ever since its introduction in 2008, was ranked first again this week.
The index measures how well the world’s top 20 pharma companies do at getting their drugs and vaccines — and often their scientific expertise — to the world’s poorest countries.
Big Pharma. What does that bring to mind? If you’re like me it makes your head begin to explode just thinking about it. Counter productive, no? Well, actually, it’s very productive for them.
Last year, the pharma industry’ biggest trade group raised a fortune to change the conversation about drug pricing.
The long-running show wrote a rare disease into its plot at the behest of a pharmaceutical company.
Big Pharma – oh, how we love to hate you. The corporate behemoth that is the pharmaceutical industry has morphed into a gargantuan force in American politics and business yielding immense power.
There’s been a lot of work done to expose ghostwriting in the peer-reviewed literature, but few have spent any effort trying to find it lurking in the popular press. Nevertheless, it’s endemic.
ADHD itself is not an epidemic—ADHD misdiagnosis is an epidemic. If the system functioned in such a way as to stay anywhere near the 5percent diagnosis rate that the American Psychiatric Association's official definition suggests, we wouldn't be in this mess.
A new study reveals a correlation between drug companies’ payments to doctors and opioid prescriptions.
Of all sectors in healthcare, the most profitable is pharmaceuticals. They now account for nearly as much cost as hospitals, and prices continue to rise at a rate two to three times faster than overall medical inflation.
New research found that even receiving something as small as a meal made physicians more likely to prescribe brand-name drugs.
Although makers of a branded drug are using a variety of tactics to create barriers to healthy competition, generic drug companies are often not helping their own case.
The United States is exceptional in that it does not regulate or negotiate the prices of new prescription drugs when they come onto market. Other countries will task a government agency to meet with pharmaceutical companies and haggle over an appropriate price.
In which a recently formed pharmaceutical company run by a disgraced hedge fund manager starts charging $750 a pill for an essential drug.
Because what they get in return is far, far more valuable.
The pharmaceutical industry has had a rough go of it lately. Between negative headlines (with the recent Mylan EpiPen controversy only the latest controversy), congressional inquiries and calls from insurers and the medical community to defend the price of medications, today’s value-focused healthcare landscape presents an unprecedented set of challenges for the sector.
Derek Lowe's commentary on drug discovery and the pharma industry. An editorially independent blog from the publishers of Science Translational Medicine.
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