Instead, they should be actively looking to lower the costs of their already excessively priced graduate programs.
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The agency recently targeted Horizon Pharma, for instance, deeming its drug Procysbi, tagged at C$325,000, excessively priced.
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Senator Elizabeth Warren would create an Office of Drug Manufacturing to manufacture generic versions of excessively priced or inaccessible drugs.
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" Even a Consumers Union official compared insurers' blame of drug costs as a "Trojan horse with which to usher in excessively priced insurance rates.
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Ro Khanna (D-CA), had such broad criteria for labeling drugs as "excessively priced" that the risks to medical innovation started to outweigh the benefits of lower prices.
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Independent experts say the drug, which is a half-century old and treats multiple sclerosis and infantile spasms, is excessively priced and isn't any better than cheaper alternatives.
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Amazon is removing excessively priced bottled water from its marketplace after being accused of price gouging, as thousands of Americans prepare for the deadly Hurricane Irma to make landfall in Florida.
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"In my view, it's generally not a good idea to address high drug prices by labeling almost every brand-name drug as excessively priced and then removing all patent rights from the manufacturer," Gellad told me by email.
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In light of the tumultuous move in global stocks this week, I found it comforting, in that it-could-be-worse sense, to think about some excessively priced assets I've watched up close, as well as from a distance.
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Walid Gellad, who leads the University of Pittsburgh's Center for Pharmaceutical Policy and Prescribing, generally supports aggressive action to bring down drug prices but said he worries the Sanders-Khanna legislation has such broad criteria that almost every patent-protected drug could end up being classified as excessively priced.
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National Safety Associates, the owner of Juice Plus, claim that it is “the next best thing to eating fruits and vegetables”, containing the “nutritional essence of 17 different fruits, vegetables, and grains” with key phytonutrients and that the product is absorbed by the body, reduces oxidative stress, promotes cardiovascular wellness, supports a healthy immune system, and helps protect DNA. Multiple studies have produced conflicting results as to the truth of these claims. Doubts have been raised about the advertised benefits of Juice Plus by Memorial Sloan-Kettering Cancer Center, University of California Berkeley, Center for Science in the Public Interest, and other sources. The product has been criticized on the basis that: its marketing is unsupported by research data, it contains too little fruit and vegetable powder to offer significant clinical benefits, its effects can be attributed to the inclusion of added exogenous vitamins and micronutrients, and it is excessively priced relative to its potential benefits. Memorial Sloan-Kettering Cancer Clinic referred to Juice Plus as a “pricey supplement” that is “distributed through a multi-tiered marketing scheme with exaggerated value and cost.
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