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CVS Caremark has agreed to settle federal charges that it inflated insulin prices, promising changes that could make the lifesaving diabetes medication more affordable. The move follows similar action by another major pharmacy manager, signaling real progress on drug pricing.
At 16, Arjun Deshpande saw a man return cancer medicines he couldn't afford and decided to fix India's broken drug pricing system. With just $200, he built Generic Aadhaar into 4,000 stores that have made life-saving medications accessible to millions.
Consumer advocates are asking the government to authorize cheaper versions of popular weight loss and diabetes medications that millions of Americans can't afford. The move could help patients nationwide access drugs that have been out of reach due to high prices.
Wealthy countries are increasingly using special licenses to make patented drugs affordable for their citizens. A new study shows this practice jumped from 15% to 54% of all such licenses worldwide in just one decade.
Congress just approved a landmark healthcare deal that boosts funding for medical research and reforms drug pricing practices. The bipartisan agreement promises to strengthen America's scientific institutions and make prescription medications more affordable.