Pharmaceutical Costs

April 15, 2024, Americans Are Paying Billions to Take Drugs That Don’t Work

April 15, 2024, Americans Are Paying Billions to Take Drugs That Don’t Work Companies are increasingly using fast-track approval processes to get unproven treatments to patients. One ALS drug made $400 million in sales for its maker. It doesn’t work. A cancer treatment brought in $500 million. That one turned out to have no effect […]

January 28, 2023, How a Drug Company Made $114 Billion by Gaming the U.S. Patent System

January 28, 2023, How a Drug Company Made $114 Billion by Gaming the U.S. Patent System AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers.  The key patent on the best-selling anti-inflammatory medication, used to treat conditions like arthritis, was expiring at the end of the year. […]