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Exclusive: Drugmakers offer Canada C$1 billion to scrap some pending pricing rules

The pharmaceutical industry has made a last-ditch C$1 billion ($761 million) proposal to the Canadian government in hopes of fending off parts of a drug pricing crackdown set to go into effect on Jan. 1, according to industry documents reviewed by Reuters. The remaining regulations would still reduce drugmakers’ revenue by at least C$19.8 billion ($15.1 billion) over 10 years, according to an industry estimate. If other costly reforms are shelved, the industry is willing to spend C$1 billion over the same period to boost local manufacturing and commercialization, and on new programs to improve access to …read more […]

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Top 10 Stocks Billionaire George Soros Just Bought

In this article we present the list of Top 10 Stocks Billionaire George Soros Just Bought. Click to skip ahead and see the Top 5 Stocks Billionaire George Soros Just Bought. Billionaire investor and philanthropist George Soros is one of the most famous figures in the investing world, earning himself the enviable moniker “The Man Who […] …read more […]