Generic and biosimilar drugs are often preferred over brand-name drugs due to their lower price. Generics are exact copies of branded equivalents, while biosimilars are “similar” and often require clinical trials. Health insurance companies, Congress and patients love generics. This is a growing industry in the medical sector as drug patents typically expire 20 years … Read more
Former US President Donald Trump after a jury found him guilty of all 34 counts in his criminal trial in the New York State Supreme Court in New York, New York, USA, May 30, 2024. – Reuters WASHINGTON: US President-elect Donald Trump is expected to appoint Martin McCurry, a Johns Hopkins surgeon and outspoken critic … Read more
Medicare has negotiated down the prices for several popular prescription drugs for the first time ever, resulting in steep discounts for millions of enrollees. The Biden administration on Thursday unveiled the outcome of Medicare’s first round of negotiations for 10 drugs used to treat diabetes, arthritis, heart failure, cancer and other conditions. The discounts will … Read more