Express Scripts Claims New Hepatitis C Therapy will Cost Illinois $2.3B

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According to a report that Express Scripts released state legislatures will need to find billions in their budgets to purchase costly new hepatitis C therapy, according to a new state-by-state analysis released today by Express Scripts (NASDAQ: ESRX). But their report is near sighted only looking at the immediate costs of the prescription, instead of the longterm cost stagings this therapy can provide.

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White House asks Congress to Stop Tax Inversion Deals

Originally posted on Pharmalot

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All those drug makers and investment banks chasing tax inversions now face opposition from the Obama administration. Yesterday, U.S. Treasury Secretary Jacob Lew wrote the House Ways & Means Committee, which composes tax law, to urge immediate legislation that would “shut down this abuse of our tax system.” And he suggests making any law retroactive to May 2014.

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President’s advisory group calls for clinical trial changes, incentives for antibiotics R&D

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With antibiotic resistance on the rise at a time when Big Pharma has largely vacated the risk-heavy field, the President’s Council of Advisors on Science and Technology (PCAST) is proposing a number of recommendations to lure companies back into the arena and help speed up the development of new antibiotics.

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