Latest Pharmaceutical manufacturing News

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...

Highlights of California governor's second annual budget

Jan. 10, 2020 9:30 PM EST

SACRAMENTO, Calif. (AP) — California Democratic Gov. Gavin Newsom presented a $222 billion budget proposal to state lawmakers on Friday, setting off six months of hearings and negotiations before the Legislature must act by mid-June, in time for the new fiscal year that begins July 1. The state also will...

California Gov. Gavin Newsom gestures toward a chart showing the growth of the state's rainy day fund as he discusses his proposed 2020-2021 state budget during a news conference in Sacramento, Calif., Friday, Jan. 10, 2020.. (AP Photo/Rich Pedroncelli)

California budget plan aids teachers, those in US illegally

Jan. 10, 2020 8:54 PM EST

SACRAMENTO, Calif. (AP) — California's governor revealed a spending plan on Friday that puts a new tax on vaping, gives $20,000 to teachers who commit to working in high-needs schools and gives taxpayer-funded health benefits to older adults living in the country illegally. Gov. Gavin Newsom's $222 billion...

Grubhub, Six Flags fall, Nektar, Infosys rise

Jan. 10, 2020 4:17 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Grubhub Inc., down $3.35 at $52.38. The meal delivery company denied reports that it was considering a plan to sell the company. Nektar Therapeutics, up $5.33 at $26.92. The pharmaceutical company is expanding a partnership with...

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...

Colorado Gov. Jared Polis chats with lawmakers before entering the House of Representatives to deliver his State of State speech in the State Capitol Thursday, Jan. 9, 2020, in Denver. (AP Photo/David Zalubowski)

Polis focuses on health care in address to state lawmakers

Jan. 9, 2020 6:26 PM EST

DENVER (AP) — Colorado Gov. Jared Polis urged lawmakers Thursday to join him in combatting income inequality in a state where an economic boom has left too many behind, and he placed a particular emphasis on healthcare costs as crucial to that fight. Delivering his second state of the state address to a...

Scientist accused in trade secret theft back in US for trial

Jan. 7, 2020 11:06 AM EST

PHILADELPHIA (AP) — A Chinese scientist accused of participating in a conspiracy to steal trade secrets from pharmaceutical giant GlaxoSmithKline has been returned to the United States to stand trial in Philadelphia. The Philadelphia Inquirer reported Tuesday that 50-year-old biochemist Gongda Xue had...

FILE - In this Dec. 24, 2019 photo, President Donald Trump speaks to members of the media following a Christmas Eve video teleconference with members of the military at his Mar-a-Lago estate in Palm Beach, Fla. As a candidate for the White House, Donald Trump repeatedly promised that he would “immediately” replace President Barack Obama’s health care law with a plan of his own that would provide “insurance for everybody.” Back then, Trump made it sound that his plan — “much less expensive and much better” than the Affordable Care Act — was imminent. And he put drug companies on notice that their pricing power no longer would be “politically protected.” Nearly three years after taking office, Americans still are waiting for Trump’s big reveal. (AP Photo/Andrew Harnik)

3 years in, no sign of Trump's replacement for Obamacare

Dec. 31, 2019 12:51 AM EST

WASHINGTON (AP) — As a candidate for the White House, Donald Trump repeatedly promised that he would “immediately” replace President Barack Obama’s health care law with a plan of his own that would provide “insurance for everybody.” Back then, Trump made it sound that his...

Uber, Lennar and Freeport-McMoRan rise

Dec. 24, 2019 2:12 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Uber Technologies Inc., up 11 cents to $30.44 News that ex-CEO Travis Kalanick is resigning from the ride-hailing company's board sent shares higher. Diamondback Energy Inc., up $1.15 to $90.18 The independent oil and gas...

Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)

Buttigieg leads 2020 rivals in Wall Street contributions

Dec. 21, 2019 1:02 PM EST

WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...