Horizon Pharma plc shares HZNP, +4.60% soared 17% in premarket trade Thursday, after the company announced positive results in a late-stage trial of a treatment for active thyroid eye disease, or TED. The company said the phase 3 trial of teprotumumab met its primary endpoint of improving proptosis, or bulging of the eye compared with placebo, with 82.9% of patients showing improvement compared with 9.5% of placebo patients.
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Source: Healthcare Press (healthcarepress.net)
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Pharma giants are betting billions on gene therapies that could fundamentally change how we treat diseasesRecent deals like Roche's $4.8 billion bet on Spark and Novartis' $8.7 billion acquisition of AveXis show that big pharma is betting big on gene therapy.
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GE-Danaher pharma deal is a win-win remedyCEO Larry Culp is unloading the conglomerate’s biologics unit to his old employer for $21 bln. It’s his boldest downsizing move yet and will help cut leverage. Danaher gains scale in its health business at a reasonable price while Culp needed a sale, not necessarily top dollar. tombuerkle rob_cyran Big corporations are why our Medical cost are so damn high and our Congress is the reason. They OK'd enough mergers where there is NO competition. Corporations and Congress are the culprits !
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17 Tweets From This Week That Are Too Funny For Words''Your Love Is My Drug' by Ke$ha will defeat big pharma.'
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Aurora Cannabis to acquire 51% stake in Portugal's Gaia Pharma, set up medical cannabis facility
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These Senators Received The Biggest Checks From Pharma Companies Testifying TuesdaySeven pharma executives are expected to face tough questions about the price of their drugs Tuesday before the U.S. Senate Finance Committee. They’ll also be answering to a group that’s received hundreds of thousands of dollars in campaign contributions from their own companies’ PACs. We need caps on lobbyists Bernard Noble was sentenced to 14 years, for possession of 2 joints, But John Boehner’s epiphany sent the stock market up several points. Marijuana, cocaine and heroin dealers are locked up in the caboose, Biggy Pharma, Congress, DEA, DOJ, opioid distributors, are in cahoots. 115 Americans die every day from an opioid overdose GOP congressman Tom Marino wrote a bill, made the situation worse. The Law made it more difficult to prosecute the distribution of this killer pill Bull shit walks while money talks, throughout the corridors of Capitol Hill.
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Grassley to Big Pharma: 'I'm sick and tired of the blame game'Sen. Chuck Grassley opened a hearing into the rising costs of prescription medicine on Tuesday by blasting Big Pharma, saying that skyrocketing prices are hurting Americans and that the time has come for a reckoning. 'I'm sick and tired of the blame game.' Stop extending patents then. How long have you been in office, Chuck? This is not a new problem! For once I wholeheartedly agree with Sen. Grassley!
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Big Pharma companies defending skyrocketing prices on the HillAmericans spent more than $300 billion on prescription drugs last year alone and that’s set to get even higher. Right now, the heads of seven major pharmaceutical companies are on Capitol Hill, trying to defend the skyrocketing costs. Ali Velshi and Stephanie Ruhle are joined by Hippo’s Chief Patient Advocate, MJ Hegar, who claims to have the answer to all of this. How many gave donations to various campaigns? That's wicked, greedy cabal right there. NO excuse for GREED.
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Friction between drugmakers, GOP intensifies at hearing on pharma pricingThe drug industry may no longer be able to take congressional Republicans' support for granted after the Senate Finance Committee grilled seven company executives on their pricing practices on Tuesday oh no Nothing will come of it because - Capitalism and high quality, decent, affordable medical care ARE INCOMPATIBLE! Until we get this shit straight, we'll continue to fuck decent people over so a select few can be even wealthier.
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Big Pharma Survives Hearings, but Watch OutHeard on the Street: The Senate's hearing on drug pricing didn’t cause much of a stir on Wall Street, but investors in drug stocks would be wise to note the tough tone feat. Monsanto wow. putting it back on congress. what do you say. Big and Small Pharma is basically gouging American Public
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