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Pharmaceuticals's posts - English uPOST

Mar 26, 2020. 12 comments

Pharma Giant Gilead Retracts Request FDA Extend Monopoly Status on Experimental Covid-19 Drug

Pharma Giant Gilead Retracts Request FDA Extend Monopoly Status on Experimental Covid-19 Drug

Pharmaceutical giant Gilead Sciences on Wednesday retracted its effort to score extended monopoly rights and tax breaks on its antiviral drug remdesivir, which scientists are evaluating as a possible treatment in the novel coronavirus pandemic.

Per the Intercept, on Monday the Food and Drug Administration awarded Gilead “orphan” drug status for remdesivir, which would give it a marketing...

12 Comments

Jan 28, 2020. 7 comments

Martin Shkreli Faces New Lawsuit Over Scheme Inflating Cost of a Life-Saving Drug

Martin Shkreli Faces New Lawsuit Over Scheme Inflating Cost of a Life-Saving Drug

Convicted securities fraudster Martin Shkreli is facing fresh allegations that he and his company purposely and illegally inflated the price of the drug Daraprim, a life-saving medication used to prevent malaria and treat deadly diseases caused by foodborne illness.

New York Attorney General Leticia James and the Federal Trade Commission (FTC) announced a lawsuit against the former hedge fund...

7 Comments

Matt Novak Matt Novak Jan 25, 2020. 6 comments

Drug Company Founder Gets 5 Years in Prison for Bribery Scheme to Boost Opioid Profits

Drug Company Founder Gets 5 Years in Prison for Bribery Scheme to Boost Opioid Profits

John Kapoor, the founder of Arizona-based drug company Insys Therapeutics, was sentenced to just over five years in prison Thursday, far short of the 15 years that federal prosecutors had asked for after he was first found guilty in Boston last year.

Kapoor’s company was found guilty of paying bribes to health care professionals in an effort to expand its sales of opioid medication, Subsys,...

6 Comments

Tom McKay Tom McKay Jan 03, 2020. 15 comments

Big Pharma Continues New Year's Tradition of Squeezing U.S. Sick for Every Last Dime

Big Pharma Continues New Year's Tradition of Squeezing U.S. Sick for Every Last Dime

Pharmaceutical giants celebrated the dawn of 2020 in the best way they know how: jacking up the prices of drugs for people in the U.S. that need them.

According to a report by Reuters, research by analysts at 3 Axis Advisors shows that firms including Pfizer Inc., GlaxoSmithKline PLC, Sanofi SA, Bristol-Myers Squibb Co., Gilead Sciences Inc., and Biogen Inc. have collectively raised U.S....

15 Comments

Ryan F. Mandelbaum Ryan F. Mandelbaum Jul 18, 2019. 22 comments

FDA: Big Penis Comes With a Hidden Surprise

FDA: Big Penis Comes With a Hidden Surprise

If you use a supplement called Big Penis, you should know that it contains an unexpected (or very expected?) ingredient.

Big Penis capsules secretly contain sildenafil, also known by the brand name Viagra, according to the FDA.

“The Food and Drug Administration is advising consumers not to purchase or use Big Penis, a product promoted for sexual enhancement,” the agency wrote in a statement....

22 Comments

Tom McKay Tom McKay Apr 10, 2019. 4 comments

DOJ Charges UK Firm With Conspiracy, Fraud Over Opioid Withdrawal Drug Suboxone Film

DOJ Charges UK Firm With Conspiracy, Fraud Over Opioid Withdrawal Drug Suboxone Film

Federal prosecutors on Tuesday indicted British firm Indivior Plc, the manufacturer of the opioid craving and withdrawal drug Suboxone Film, with misleading doctors and government health programs into thinking the drug was safer and less addictive than it really is, Bloomberg reported. According to the U.S. Justice Department, the company even ran a “Here to Help” program that purported to...

4 Comments

Jennings Brown Jennings Brown Apr 09, 2019. 16 comments

Doctor Who Championed Opioids for Years Flips on Pharma Ghouls to Save His Own Ass

Doctor Who Championed Opioids for Years Flips on Pharma Ghouls to Save His Own Ass

A doctor who was an early advocate for the use of opioids for the treatment chronic pain now says pharmaceutical companies pushing opioids have created an epidemic—one that kills tens of thousands of Americans each year. Of course, he’s doing it to get out of being sued.

About a decade ago, Dr. Russell Portenoy was one of the leading voices supporting the use of opioids. As a professor of...

16 Comments

Tom McKay Tom McKay Apr 02, 2019. 21 comments

Martin Shkreli Is Reportedly in Solitary Confinement After Trying to Run a Company From Prison

Martin Shkreli Is Reportedly in Solitary Confinement After Trying to Run a Company From Prison

So-called “pharma bro” Martin Shkreli earned the eternal ire of the public when he was the CEO of a company called Turing Pharmaceuticals, which he had buy up the rights to and jack up the price of life-saving drug Daraprim from $13.50 to $750 a pill. He then landed himself a seven-year prison sentence in 2018 on three unrelated counts of securities fraud and conspiracy, with a jury finding...

21 Comments

Tom McKay Tom McKay Mar 04, 2019. 2 comments

Robocall Hell, Divination Bot Returns, and a Fake MD: Best Gizmodo Stories of the Week

Robocall Hell, Divination Bot Returns, and a Fake MD: Best Gizmodo Stories of the Week

The winds of time blow strangely here, in our unfortunate state of internet-enabled perpetual present, but how the heck is it already March? This is not a rhetorical question. If you could explain this to me, that would be great.

Yet in keeping pace with the relentless march of seconds turning into minutes turning into hours turning into days, Gizmodo had a busy week! As March approached, our...

2 Comments

Ed Cara Ed Cara Nov 22, 2018. 7 comments

Rising Drug Prices Aren't Going to Stop Under Trump

Rising Drug Prices Aren't Going to Stop Under Trump
GreedThis week, we explore greed—animal, human, and corporate.  

Earlier this July, the pharmaceutical company Pfizer announced price jumps for many of its brand name drugs, including the smoking cessation aid Chantix and the erectile dysfunction drug Viagra . But less than a month later, the company reversed course, seemingly bending to pressure from President Donald Trump, who called out the...

7 Comments

Catie Keck Catie Keck Nov 01, 2018. 4 comments

FDA Approves New 23andMe Pharmacogenetic Reports, But There Are Some Caveats

FDA Approves New 23andMe Pharmacogenetic Reports, But There Are Some Caveats

The U.S. Food and Drug Administration (FDA) announced Wednesday that it has approved the marketing of 23andMe’s reports on pharmacogenetics, which the genetic-testing company claims are designed to assess whether genetics may affect an individual’s ability to metabolize certain drugs including antidepressants.

The company is characterizing the move as the “first authorization of a...

4 Comments

Tom McKay Tom McKay Jul 13, 2018. 20 comments

Courts Halt Nevada's Disgusting Plan to Execute Convicted Killer With Untested Drug Cocktail

Courts Halt Nevada's Disgusting Plan to Execute Convicted Killer With Untested Drug Cocktail

The execution of twice-convicted killer Scott Raymond Dozier in Nevada on Wednesday was postponed after pharmaceutical company Alvogen requested a federal judge prevent officials from botching an execution with their drug midazolam.

Per the Associated Press, Alvogen claimed that Nevada prison officials obtained the sedative, which authorities have used in numerous botched executions that left...

20 Comments

Mar 19, 2018. 24 comments

Drug Companies May Not Be Able to Justify the Cost of Medicines

Drug Companies May Not Be Able to Justify the Cost of Medicines

In the US, drug prices for consumers are climbing. The average cost is up 11% from 2013 to 2014 — that’s a lot more than inflation. What’s really behind that sky-high pricetag?

First, a Few Numbers

Pharmaceutical companies cite the high costs of drug discovery as the reason for expensive medication, but it’s hard to fact-check whether their numbers are based on science or inflated to boost...

24 Comments

Ed Cara Ed Cara Mar 19, 2018. 5 comments

Virtual Lab Rats Could Replace Living Animals in Early Drug Testing

Virtual Lab Rats Could Replace Living Animals in Early Drug Testing

Rats, mice, rabbits, and other animals have long been an essential part of testing drugs for safety and efficacy before they make their way to human subjects. But some scientists are trying to spare these animals, and even make drugs safer, by instead creating and relying on virtual test subjects.

On Monday, the UK-based National Centre for the Replacement, Refinement, and Reduction of Animals...

5 Comments

Jennings Brown Jennings Brown Mar 01, 2018. 13 comments

Apples Launches Healthcare Service to Treat Employees' Out-of-Warranty Bodies

Apples Launches Healthcare Service to Treat Employees' Out-of-Warranty Bodies

Apple is reportedly launching a new healthcare venture this spring, but it will only aid its own employees—at least for now.

The new health clinics, operating under the name AC Wellness, will initially provide care for Apple workers in Santa Clara County, near the company’s headquarters in Cupertino, according to a report from CNBC. There are currently two clinics, including one at Apple Park,...

13 Comments

Maddie Stone Maddie Stone Dec 15, 2017. 18 comments

Report: Many Over-the-Counter Decongestants Are Basically Useless

Report: Many Over-the-Counter Decongestants Are Basically Useless

Remember a few years back, when relieving your stuffy nose was a simple matter of going to your local pharmacy and buying Sudafed? And then one day Sudafed just....stopped working? You weren’t imagining it. According to new research, phenylephrine—the active ingredient drug makers swapped into over-the-counter decongestants when they took out pseudoephedrine—is basically useless.

In an...

18 Comments

Tom McKay Tom McKay Dec 10, 2017. 17 comments

Spooked by Amazon, CVS Decides to Buy Massive Health Insurer Aetna

Spooked by Amazon, CVS Decides to Buy Massive Health Insurer Aetna

E-commerce giant Amazon’s power has steadily grown to the point where it can flash-fry competitors just by pointing its fearsome gaze in the general direction of their retail sector, like a magnifying glass aimed at ants or a really efficient Eye of Sauron. Now it’s eyeing moving into the pharmacy sector, and competitors are sufficiently freaked out that they’re taking drastic measures—like...

17 Comments

Tom McKay Tom McKay Dec 03, 2017. 5 comments

Martin Shkreli May Have to Give His Wu-Tang Album to the Feds

Martin Shkreli May Have to Give His Wu-Tang Album to the Feds

Martin Shkreli, the convicted securities fraudster, insufferable troll, and so-called “Pharma Bro” widely loathed for jacking up the price of anti-parasitic drug Daraprim, bought the Wu-Tang clan’s single-copy album Once Upon a Time in Shaolin in 2015 , impressively making himself even more widely loathed. It’s possible yet the public will get to hear that album, as the Department of Justice...

5 Comments

Kristen V. Brown Kristen V. Brown Dec 02, 2017. 22 comments

For the First Time in Decades, a Drug for Migraines Shows Promise

For the First Time in Decades, a Drug for Migraines Shows Promise

A new drug, called Erenumab, has shown promise in preventing migraine attacks, the intense headaches that chronically plague millions of adults each year in the US alone.

Erenumab is a lab-made antibody that works by blocking a neural pathway called CGRP. Data from a recent phase three reported Thursday in the New England Journal of Medicine found that it cut the number of “migraine days”...

22 Comments

Maddie Stone Maddie Stone Oct 27, 2017. 18 comments

Scientists Have Hacked Yeast to Produce Narcotics

Scientists Have Hacked Yeast to Produce Narcotics

Yeast, that magical microorganism that provideth bread and beer, can now make narcotics, too. In a much-anticipated update , a team of scientists from Stanford University has engineered a strain of common brewer’s yeast to turn simple sugars into opioid drugs.

Last year, bioengineer Christina Smolke announced that her lab had coaxed yeast into producing precursors to thebaine, an opioid...

18 Comments

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