Drug Costs

Olympus CEO resigns after allegations of illegal drug purchase, shares fall

Olympus' 6 per cent tumble put the company's shares on track for their biggest one-day fall in nearly three months

Delhi Police hits 'high' notes: Cocaine meant for concerts seized, 4 held

In a record drug bust, the Delhi Police seized Rs 6,500 crore worth of cocaine meant for distribution at upcoming concerts, arresting four key cartel members linked to Dubai-based network

Nearing $20 bn: Cocaine set to beat oil to be Colombia's main export

"From a purely economic standpoint, higher cocaine production and exports have supported short-term activity, domestic demand and external accounts," Bloomberg economist Felpi Hernandez said

Pharma industry seeks graded introduction of trade margin rationalisation

TMR may be applied in phases, with the first one including drugs priced above Rs 100 or so

World's most expensive drug approved to treat hemophilia at $3.5 mn a dose

CSL Behring's Hemgenix, administered just once, cut the number of bleeding events expected over the course of a year by 54%, a key study of the therapy found

Senate Democrats fend off changes to $430-bn climate and drug Bill

Senators, working over the weekend to pass a bill central to Biden's domestic agenda, labored through the morning in hopes of passing the bill before starting an August recess

Govt considering one-time settlement option in drug overcharging cases

Pharma companies feel that working out an overarching solution for the entire industry is cumbersome and unlikely to work out

Private hospitals fret over Delhi's proposal to cap drug costs

Health activists have lauded the move, saying it will be a boon to patients and boost affordability