Latest Prescription drugs News

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)

Johnson & Johnson posts higher sales, big 4Q profit jump

Jan. 22, 2020 10:46 AM EST

Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. 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...

New Hampshire considers importing Canadian drugs

Jan. 21, 2020 4:22 PM EST

CONCORD, N.H. (AP) — A proposal to import prescription drugs from Canada to New Hampshire attracted bipartisan support at the Statehouse on Tuesday, winning praise from both the Democrat sponsoring the bill and the Republican he wants to replace in the corner office. Sen. Dan Feltes, D-Concord, told the...

House passes bill that could lower prescription drug costs

Jan. 21, 2020 12:28 PM EST

CHARLESTON, W.Va. (AP) — Prescription drugs in West Virginia could soon become less expensive under a bill passed in the House of Delegates on Tuesday. Lawmakers in the GOP-controlled chamber unanimously approved a measure that would give consumers any drug manufacturer rebates that are normally sent to...

Editorial Roundup: Pennsylvania

Jan. 15, 2020 5:34 PM EST

Recent editorials of statewide and national interest from Pennsylvania's newspapers: Take wait, see approach on state budget Altoona Mirror Jan. 12 For the past two fiscal years, Pennsylvania taxpayers have had cause for cautious optimism about the Keystone State’s financial condition for the short and...

The Latest: Democratic debate ends with talk of hope for '20

Jan. 14, 2020 11:30 PM EST

DES MOINES, Iowa (AP) — The Latest on the January Democratic presidential debate (all times local): 10:25 p.m. Six Democratic presidential candidates have wrapped up their final debate before primary voting begins with talk of hope, defeating President Donald Trump and bringing a divided nation back...

Van Mitchell, a former Maryland health secretary who is now chairman of the state's Prescription Drug Affordability Board, presides over the board's first meeting in Annapolis, Maryland, on Monday, Jan. 13, 2020. (AP Photo/Brian Witte)

Prescription drug costs under review in Maryland

Jan. 13, 2020 5:09 PM EST

ANNAPOLIS, Md. (AP) — A new board that will investigate how to keep prescription drugs affordable in Maryland met for the first time Monday to discuss hiring staff members and finding an office. The five-member Maryland Prescription Drug Affordability Board will conduct studies on prescription drug costs....

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)

California could be 1st state to sell own prescription drugs

Jan. 9, 2020 8:40 PM EST

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...

Dick Burack dies, wrote 'Handbook of Prescription Drugs'

Dec. 30, 2019 5:00 PM EST

JACKSON, N.H. (AP) — Dr. Walter Richard “Dick" Burack, who wrote “The Handbook of Prescription Drugs" advocating affordable prescriptions for patients, has died. He was 93. Burack died Sunday in hospice care in Jackson, New Hampshire, said his son, Tom Burack, former commissioner of the...

Maryland prescription drug board sets first meeting

Dec. 20, 2019 3:03 PM EST

ANNAPOLIS, Md. (AP) — A prescription drug affordability board in Maryland that is the first of its kind in the nation has scheduled its first meeting next month, leading state lawmakers announced Friday. All five members have been appointed, and the first meeting is scheduled for for Jan. 13. "With the...

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)

Eyeing 2020, House empowers Medicare to negotiate drug costs

Dec. 12, 2019 3:22 PM EST

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 Medicare...