Prescription drugs

This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Wednesday, Jan. 22, 2020. (AP Photo/Rick Bowmer)
January 22, 2020 - 7:45 am
Higher prescription drug sales helped push Johnson & Johnson's fourth-quarter profit up by 32%. The world's biggest maker of health care products on Wednesday reported net income of $4.01 billion, or $1.50 per share. That's up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings came...
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FILE - In this July 23, 2019, file photo, Gov. Gavin Newsom talks to reporters at his Capitol office, in Sacramento, Calif. California could become the first state with its own prescription drug label. Newsom announced Thursday, Jan. 9, 2020, he wants California to contract with generic drug companies to make prescription medications on behalf of the state so it can sell them to the public. He said the goal is to lower prices by increasing competition in the generic market. State lawmakers must approve the plan before it can take effect. (AP Photo/Rich Pedroncelli, File)
January 09, 2020 - 8:39 pm
SACRAMENTO, Calif. (AP) — California could become the first state to make its own prescription drugs under a proposal announced Thursday by Gov. Gavin Newsom, who says it would “take the power out of the hands of greedy pharmaceutical companies." The Democratic governor wants the nation's most...
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FILE - In this July 23, 2019, file photo, Gov. Gavin Newsom talks to reporters at his Capitol office, in Sacramento, Calif. California could become the first state with its own prescription drug label. Newsom announced Thursday, Jan. 9, 2020, he wants California to contract with generic drug companies to make prescription medications on behalf of the state so it can sell them to the public. He said the goal is to lower prices by increasing competition in the generic market. State lawmakers must approve the plan before it can take effect. (AP Photo/Rich Pedroncelli, File)
January 09, 2020 - 6:32 pm
SACRAMENTO, Calif. (AP) — California could become the first state to make its own prescription drugs under a proposal announced Thursday by Gov. Gavin Newsom, who says it would “take the power out of the hands of greedy pharmaceutical companies." The Democratic governor wants the nation's most...
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FILE - In this July 23, 2019, file photo, Gov. Gavin Newsom talks to reporters at his Capitol office, in Sacramento, Calif. California could become the first state with its own prescription drug label. Newsom announced Thursday, Jan. 9, 2020, he wants California to contract with generic drug companies to make prescription medications on behalf of the state so it can sell them to the public. He said the goal is to lower prices by increasing competition in the generic market. State lawmakers must approve the plan before it can take effect. (AP Photo/Rich Pedroncelli, File)
January 09, 2020 - 2:15 pm
SACRAMENTO, Calif. (AP) — California could become the first state with its own prescription drug label under a proposal that Gov. Gavin Newsom unveiled Thursday in a bid to lower prices by increasing competition in the generic market. Newsom wants the nation's most populous state, home to nearly 40...
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Speaker of the House Nancy Pelosi, D-Calif., speaks during her weekly news conference on Capitol Hill, Thursday, Dec. 12, 2019, in Washington. (AP Photo/Jose Luis Magana)
December 12, 2019 - 3:22 pm
WASHINGTON (AP) — Sharpening their 2020 election message, House Democrats on Thursday pushed through legislation that would empower Medicare to negotiate prescription drug prices and offer new benefits for seniors. The vote along party lines was 230-192. Speaker Nancy Pelosi's bill would cap...
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Speaker of the House Nancy Pelosi, D-Calif., attends a health care event at the Capitol in Washington, Wednesday, Dec. 11, 2019. (AP Photo/J. Scott Applewhite)
December 12, 2019 - 10:30 am
WASHINGTON (AP) — As a White House candidate, Donald Trump said he could save Medicare billions of dollars by negotiating prescription drug prices. Legislation expected to pass the Democratic-controlled House on Thursday would deliver that and much more. But Trump's not on board, the White House is...
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December 06, 2019 - 9:10 pm
WASHINGTON (AP) — A bipartisan Senate bill to curb prescription drug costs for Medicare recipients got a makeover Friday to lower copays and make it easier for seniors to budget for their expenses. The updated legislation unveiled by Sens. Chuck Grassley, R-Iowa, and Ron Wyden, D-Ore., would lower...
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FILE - In this June 15, 2018, file photo, pharmaceuticals are seen in North Andover, Mass. A government report says prices for prescription drugs edged down 1% last year, driven by declines for generics and slow growth for brand-name medications. (AP Photo/Elise Amendola, File)
December 05, 2019 - 4:02 pm
WASHINGTON (AP) — Prices for prescription drugs edged down by 1% last year, a rare result driven by declines for generics and slow, low growth in the cost of brand-name medications, the government said Thursday. Though modest, it was the first such price drop in 45 years, according to nonpartisan...
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Speaker of the House Nancy Pelosi, D-Calif., arrives to make a statement at the Capitol in Washington, Thursday, Dec. 5, 2019. Pelosi announced that the House is moving forward to draft articles of impeachment against President Donald Trump. (AP Photo/J. Scott Applewhite)
December 05, 2019 - 11:04 am
WASHINGTON (AP) — The House will hold a showdown vote next week on Speaker Nancy Pelosi's bill empowering Medicare to negotiate prices for costly prescription drugs, her office announced Thursday. Democrats have said they would plow billions of dollars in projected savings from the legislation into...
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FILE - In this Nov. 8, 2018 file photo, the U.S. Medicare Handbook is photographed in Washington. Medicare’s new prescription drug plan finder has a glitch that can steer unwitting seniors to coverage that costs much more than they need to pay. (AP Photo/Pablo Martinez Monsivais)
November 21, 2019 - 1:34 pm
WASHINGTON (AP) — A glitch in Medicare’s revamped prescription plan finder can steer unwitting seniors to coverage that costs much more than they need to pay, according to people who help with sign-ups as well as program experts. Serving some 60 million Medicare recipients, the plan finder is the...
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