Biden Makes Lower Drug Prices a Centerpiece of His 2024 Campaign
President Biden ’s Inflation Reduction Act allows Medicare to negotiate some drug prices, a change that the pharmaceutical industry and Republicans have opposed for decades.
Source: NYT - August 30, 2023 Category: American Health Authors: Michael D. Shear Tags: Presidential Election of 2024 Drugs (Pharmaceuticals) United States Politics and Government Prices (Fares, Fees and Rates) Inflation Reduction Act of 2022 Medicare Elderly Biden, Joseph R Jr Source Type: news

J&J, Lupin cut prices for tuberculosis drug in lower-income countries
Johnson & Johnson and Lupin will supply their versions of the tuberculosis drug bedaquiline at a significantly cheaper price in low- and middle-income countries, according to the Stop TB Partnership. The new prices, $130 for J&J and $194 for Lupin for a six-month course of treatment, represent a 55% and 33% reduction, respectively. Bedaquiline is a key part of recommended treatment regimens for drug-resistant TB infections, and this price reduction will help broaden access to the life-saving drug.
Source: The Economic Times Healthcare and Biotech News - August 30, 2023 Category: Pharmaceuticals Source Type: news

Distributing imaging services could improve reimbursement
Distributing CT and MRI services between sites for Medicare patients could improv...Read more on AuntMinnie.comRelated Reading: Proposed Medicare rule will not improve radiology reimbursement ACR: Radiology could take up to 4% reimbursement reduction in 2024 MICI 2023 Q3: Radiology administrators confident about imaging growth CMS proposes radiology reimbursement cuts, AUC pause for 2024 MPFS ACR weighs in on CMS proposed Medicare cuts
Source: AuntMinnie.com Headlines - August 30, 2023 Category: Radiology Source Type: news

U.S. Department of the Treasury, IRS Release Guidance on Inflation Reduction Act Provision to Ensure Good-Paying Clean Energy Jobs, Expand Clean Energy …
Guidance completes Phase 1 of Treasury Department Inflation Reduction Act Implementation, advances President Biden’s Investing in America agendaWASHINGTON — As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of the Treasury and the Internal Revenue…#phase1 #usdepartment #treasury #nprm #treasurydepartments #usdepartmentoflabor #janetlyellen #bidenharris #juliesu #bidenomics
Source: Reuters: Health - August 30, 2023 Category: Consumer Health News Source Type: news

J & J, Lupin cut prices for tuberculosis drug in lower-income countries
Johnson& Johnson and Lupin will supply their versions of the tuberculosis drug bedaquiline at a significantly cheaper price in low- and middle-income countries, according to the Stop TB Partnership. The new prices, $130 for J&J and $194 for Lupin for a six-month course of treatment, represent a 55% and 33% reduction, respectively. Bedaquiline is a key part of recommended treatment regimens for drug-resistant TB infections, and this price reduction will help broaden access to the life-saving drug.
Source: The Economic Times Healthcare and Biotech News - August 30, 2023 Category: Pharmaceuticals Source Type: news

Biden Administration Unveils First Drugs for Medicare Price Negotiations
The price negotiation program, established by Democrats as part of the Inflation Reduction Act, is expected to save the government tens of billions of dollars in the coming years.
Source: NYT - August 29, 2023 Category: American Health Authors: Sheryl Gay Stolberg and Rebecca Robbins Tags: Drugs (Pharmaceuticals) Prices (Fares, Fees and Rates) Medicare Health Insurance and Managed Care Inflation Reduction Act of 2022 Biden, Joseph R Jr United States Politics and Government Democratic Party Source Type: news

ESC: Semaglutide Beneficial for HFpEF Patients With Obesity
TUESDAY, Aug. 29, 2023 -- For patients with heart failure with preserved ejection fraction and obesity, semaglutide is associated with a larger reduction in symptoms and physical limitations, according to a study published online Aug. 25 in the New...
Source: Drugs.com - Pharma News - August 29, 2023 Category: Pharmaceuticals Source Type: news

ESC: Mavacamten Cuts Need for Septal Reduction Tx with Hypertrophic Cardiomyopathy
TUESDAY, Aug. 29, 2023 -- In patients with symptomatic obstructive hypertrophic cardiomyopathy (HCM), mavacamten reduces the need for septal reduction therapy (SRT) at week 56, according to a study published online Aug. 28 in JAMA Cardiology to...
Source: Drugs.com - Pharma News - August 29, 2023 Category: Pharmaceuticals Source Type: news

The 10 Drugs Medicare Can Negotiate Were Just Announced. These Pharma Stocks Are Impacted
Eliquis, Jardiance, and Stelara are among the first of 10 different drugs that are now subject to Medicare price negotiations following the passing of the Inflation Reduction Act.#medicare
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Argo Blockchain Reduces Debt to $75M despite Poor Market Conditions
Coinspeaker Argo Blockchain Reduces Debt to $75M despite Poor Market Conditions Argo Blockchain, a London-based crypto mining company, has unveiled its financial results for the first half of 2023, showcasing noteworthy improvements in loss reduction and strategic debt management. In the first…#argo #taxdepreciation #matthewshaw #blockminers #quebec
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Medicare to start negotiating prices for 10 drugs. Here they are.
Medicare, the health insurance program for people over 65 years old, said it will start negotiating prices on 10 drugs, part of its mandate under the Inflation Reduction Act to lower prescription prices for older Americans. The first drugs under price negotiations include diabetes medication…#medicare #novologflexpen #aarp #nancyleamond
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Eliquis and Jardiance Among First Drugs Picked for Medicare Price Negotiations
The Biden administration ’s announcement was an important moment for Democrats, who have campaigned on a promise to lower the cost of prescription drugs.
Source: NYT - August 29, 2023 Category: American Health Authors: Sheryl Gay Stolberg and Rebecca Robbins Tags: Drugs (Pharmaceuticals) Medicare Inflation Reduction Act of 2022 Biden, Joseph R Jr Health and Human Services Department Health Insurance and Managed Care Prices (Fares, Fees and Rates) Democratic Party United States Politics and Governmen Source Type: news

Africa: Experts Call for Adoption of Sweden's Model to Reduce Cigarette Use
[Daily Trust] International health experts have urged African policymakers to adopt Sweden's tobacco harm reduction strategy to combat tobacco-related deaths and improve public health across the continent.
Source: AllAfrica News: Health and Medicine - August 29, 2023 Category: African Health Tags: Africa Health and Medicine Source Type: news

Beijing Soon Needs A Whatever-It-Takes Policy Move
By George Lei and Ye Xie, Bloomberg markets live reporters and strategist China’s benchmark CSI 300 index surged 5.5% on Monday as authorities unveiled a slew of supportive measures, including a reduction of the stamp duty. By the end of the…#georgelei #yexie #csi #beijing #ecb #tinglu #nomura #hongkong #politburo #maozedong
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Hot weight loss drugs tested as addiction treatments
When the diabetes treatments known as GLP-1 analogs reached the market in 2005, doctors advised patients taking the drugs that they might lose a small amount of weight. Talk about an understatement. Obese people can drop more than 15% of their body weight, studies have found, and two of the medications are now approved by the U.S. Food and Drug Administration (FDA) for weight reduction. A surge in demand for the drugs as slimming treatments has led to shortages. “This class of drugs is exploding in popularity,” says clinical psychologist Joseph Schacht of the University of Colorado School of Medicine. But patient ...
Source: ScienceNOW - August 28, 2023 Category: Science Source Type: news

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