California bans drug coupons when cheaper alternatives are available

first_img Log In | Learn More Pharmalot Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Ed Silverman Tags drug pricespharmaceuticalsSTAT+ Call it a one-two punch.At the same time California Governor Jerry Brown signed a law, requiring drug makers explain and justify price hikes, he also signed another law prohibiting the use of prescription drug coupons when a lower-priced generic medicine is available. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. What’s included? [email protected] What is it?center_img APStock @Pharmalot Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED By Ed Silverman Oct. 10, 2017 Reprints California bans drug coupons when cheaper alternatives are available About the Author Reprints GET STARTEDlast_img read more

U.S. auto sales prove to be another mixed bag through September

first_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | virtual panelPlayThese spy shots get us an early glimpse of some future models | Trending in Canada “We’re still bullish,” he said, “that the next couple years will be — maybe not at record levels — but pretty darn close.” advertisement COMMENTSSHARE YOUR THOUGHTS Light-vehicle sales in September came in much stronger than analysts had estimated, led by Nissan and Fiat Chrysler, suggesting there still may be some steam left in the U.S. auto industry’s six-year growth spurt.General Motors, the largest U.S. automaker, estimated that the annualized selling rate adjusted for seasonal trends reached 17.8 million in September, and Ford made a similar projection. While that pace would be down from 18.1 million a year earlier, it’s faster than any analyst estimate in a Bloomberg survey. The average projection was for a 17.5 million rate.Automakers will be reporting September results throughout Monday, giving investors new evidence to determine whether the industry’s expansion is coming to an end after a record 2015 or if there is more room for economic-driven growth. Concerns that U.S. auto sales are slowing have depressed automakers’ shares this year, even as the companies report strong profits amid consistently high volumes. We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Trending Videos RELATED TAGSNewsAutomobile ManufacturingAutomobile SalesBill FayBusinessCars and Car DesignChevrolet SilveradoChrysler Group LLCConsumer CyclicalsConsumer Products and ServicesCulture and LifestyleDodge RamEconomic IndicatorsEconomiesFord F-SeriesFord Motor CompanyGeneral Motors CorporationGMC YukonHonda AccordHonda CivicHonda Motor Co. Ltd.IndustriesManufacturing SectorMark Fields (Executive)Mark LaNeveMotor Vehicle ManufacturingMustafa MohataremNew YorkNissan Motor Co. Ltd.Nissan MuranoNissan RogueRetail SalesSUVs and CrossoversToyota Motor CorporationU.S. EconomyUnited States Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Nissan is making automatic braking standard on most of its volume-selling models, such as the Rogue CUV. See More Videos The Rolls-Royce Boat Tail may be the most expensive new car ever ‹ Previous Next › Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” “Key economic fundamentals like a strong jobs market, rising personal incomes, low fuel prices and low interest rates continue to point toward strong industry performance,” said Mustafa Mohatarem, GM’s chief economist. “We think the industry is well positioned for a continued high level of customer demand into the foreseeable future.”GM said Monday it saw sales decline 0.6 percent to 249,795 cars and light trucks, beating analysts’ estimates of a 1.6 percent drop. GM said retail sales to individual customers grew 1 per cent last month, as Buick sales jumped 14 per cent and Cadillac sales rose 3.1 percent. Chevrolet Silverado pickup sales fell 16 percent, while GMC Yukon sales rose 34 per cent.Fiat Chrysler reported a decline of 0.9 per cent, compared with the average estimate for a drop of 5.1 per cent. Sales of all of its brands fell in September, except the Ram lineup, which jumped 27 percent. Ram pickup sales rose 29 percent.Ford, which enjoyed elevated fleet sales in the second half of 2015 and first half of this year, sold 203,444 cars and light truck in September, matching analysts’ estimates for an 8 per cent drop. Ford’s car sales fell 21 percent, while its top-selling F-Series pickups declined by 2.6 percent and SUV sales dropped 3.4 percent.‘Strong Demand’“We continue seeing strong customer demand, especially for vans and pickup trucks,” Mark LaNeve, Ford ’s U.S. vice president of marketing, sales and service, said in a statement. “Demand for a rich mix of our all-new Super Duty pickups helped boost Ford’s average transaction prices by $1,100 versus a year ago.”GM’s ATPs, which reflect retail transaction prices after sales incentives, were $35,804 in September, almost $5,000 above the industry average and approximately $1,000 above last September’s performance.Nissan sold 127,797 cars and light trucks in the U.S. last month, a 4.9 percent gain from a year earlier. That compares with the average analyst projection of a decrease of 1.4 percent, as pricey SUVs continue to move off dealer lots. Sales of the Murano rose 46 percent, and the popular Rogue was up 5.6 per cent.Toyota reported 197,260 deliveries for a gain of 1.5 per cent, missing the 2 per cent average estimate. Honda said its sales fell 0.1 per cent from a year earlier period, missing analyst estimates for a 1.6 per cent increase. Honda reported a 0.3 percent decrease in sales for its Civic, which had enjoyed double-digit increases through the first eight months of the year. The CR-V, the top-selling SUV in the U.S., continued rolling along with a 6.5 percent increase for September.After six years of annual sales increases — the longest such streak since before World War II — the industry surprised analysts with a record 17.5 million sales last year. While some argue that more economic growth may release further pent-up demand, many analysts and executives have said they expect a decline or little change from 2015’s record high. Ford CEO Mark Fields is among those saying the growth cycle has ended.“The industry has plateaued,” he said last week on Bloomberg Television. “We are seeing some weakness in the retail end of the marketplace that’s manifesting itself through more competitive pressures.”Through August, sales were running 0.6 percent ahead of last year’s pace, and analysts are split on whether this year will finish up a little or down slightly. August’s annualized rate was 17 million.September reports should show a “very, very solid month,” said Bill Fay, head of U.S. sales for Toyota’s namesake brand. U.S. consumer confidence rose last month to the highest level since before the recession on optimism about the labor market, the New York-based Conference Board said last week. Available credit and relatively low gasoline prices are also encouraging big-ticket purchases, he said. last_img read more

Chevening Scholars Invited To Take Part In Activities Hosted By High Commission

first_imgFacebookTwitterWhatsAppEmail Photo: Contributed Jamaica’s High Commissioner to London, Her Excellency Aloun Ndombet-Assamba (Centre) and Deputy High Commissioner Mrs. Deidre Mills (third right) share a photo opportunity with five of 2015/16 Jamaican Chevening Scholars during a courtesy call at the Jamaican High Commission in London on Thursday November 5 2015. The Chevening Scholars from left are: Adley Duncan, Chadine Ellis, Jerome Cowans, Grace Lindo and Oroyo Eubanks. Chevening Scholars Invited To Take Part In Activities Hosted By High CommissionJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay Advertisements High Commissioner to London, Her Excellency Aloun Ndombet Assamba, has invited the 2015/16 Jamaican Chevening Scholars to participate in activities hosted by the High Commission while they are studying in the United Kingdom (UK).Mrs. Ndombet Assamba, who met with five of the 11 Jamaican scholars at her office in London, on November 5, said the High Commission has a number of activities to celebrate national and other special Jamaican events throughout the year.“We host these events at the High Commission to offer Jamaicans here a little piece of home and as a way of staying connected to the strong and rich Jamaican culture,” she said.She reminded the scholars to use the opportunity while in the UK to visit places of interest and build strong networks, and to contact her office for any help or information they may need.In the meantime, the High Commissioner said there has been a growing interest from people living in the UK, but whose parents were born in Jamaica, to apply for their Jamaican citizenship. She said the process has been going well and the High Commission will continue its efforts to get more people to apply.She said the Jamaican passport has tremendous value when travelling across the world and encouraged the Chevening Scholars to let persons in the UK who are eligible for Jamaican citizenship know they can apply. RelatedSenator Nicholson Urges Full Support for CCJ Chevening Scholars Invited To Take Part In Activities Hosted By High Commission Foreign AffairsNovember 10, 2015Written by: Oroyo Eubanks Story HighlightsHigh Commissioner to London, Her Excellency Aloun Ndombet Assamba, has invited the 2015/16 Jamaican Chevening Scholars to participate in activities hosted by the High Commission while they are studying in the United Kingdom (UK).Mrs. Ndombet Assamba, who met with five of the 11 Jamaican scholars at her office in London, on November 5, said the High Commission has a number of activities to celebrate national and other special Jamaican events throughout the year.She reminded the scholars to use the opportunity while in the UK to visit places of interest and build strong networks, and to contact her office for any help or information they may need. RelatedUS Ambassador Lauds Relationship Between JA and US RelatedCaribbean to Get Support from UNESCO to Meet Sustainable Development Goals The five Chevening Scholars who called on the High Commissioner and her Deputy, Diedre Mills, were:  Chadine Allen, Oroyo Eubanks, Adley Duncan, Jerome Cowans and Grace Lindo.last_img read more

Air Products receives 2015 Best Brand Image Award in China

first_imgGet instant access to must-read content today!To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $270. Subscribelast_img

GPA elects officers and reports positive outlook

first_imgThe port authority board elected Will McKnight to serve a second year as chairman, Joel Wooten Jr. as vice chairman, and Kent Fountain as secretary treasurer.McKnight has been a part of the board since 2014, as secretary treasurer and vice chairman; he continues to serve as president of his family owned construction company McKnight Construction (MCK).Wooten, Jr. is a founding partner at law firm Butler Wooten & Peak LLP. Fountain is president and ceo of Southeastern Gin & Peanut manufacturing company.Throughout the pandemic, GPA has remained open for business whilst implementing safety practices to protect workers and port users.The port has reported relatively strong results, given the Covid-19 crisis. Griff Lynch, executive director said: “While our deepwater terminals have seen challenges…our long-term outlook remains positive.”The authority cites that its port of Savannah Garden City Terminal handled 337,359 teu during may 2020 – a year-on-year decrease of 9.7 percent. For the fiscal year to date, container trade has decreased by 0.5 percent (in teu) compared with 2019. From July 2019 to May 2020, the total volume of cargo handled by the port tons increased by 1 percent.www.gaports.comlast_img read more

Unpaid salaries for truckers to be resolved soon

first_img Tweet Share 10 Views   no discussions LocalNews Unpaid salaries for truckers to be resolved soon by: – June 18, 2013 Truckers have been asked to hold on for at least two more weeksTruckers contracted to undertake work on phase two of the Melville Hall road project have to wait for at least two more weeks for overdue salary payments. The truckers who claim that they have not been paid salaries since January 2013, commenced industrial action three weeks after attempts to collect their salaries failed. On Monday 17th June the executive of the Dominica Tipper Truckers Association met with officials from the Ministry of Public Works including Public Works Minister Rayburn Blackmoore, permanent secretary in the Ministry of Public Works Lucienne Blackmoore and senior engineer Emile Lancelot.At that meeting they were informed that all funds for of the project have been exhausted.However, according to vice president of the Association Malcolm Reid, they were asked to “hold on for at least the end of this month” and assured that arrangement for additional funding for the project is being sought. Mr Reid explained the difficulty in obtaining payment is that the invoices must be sent to Martinique and that takes some time.“We would have had to go through the various agencies here through the consultant, etc., and then the documents would have been forwarded to Martinique where it would spend a long time – Martinique was the problem, then from Martinique to France then back to Martinique then come back to Dominica”, he explained. Contractor Jacques Ghardakhan is charged with the responsibility to pay to the truckers and not the government. Mr Reid stated that the new payment arrangements will allow for tranches of money to be logged in a bank in Dominica.“So when we have work and made our claims once we have satisfied the consultants or the contractors, then the funds will already be in Dominica for payment,” he explained. He also called on Mr Ghardakhan’s project manager to treat Dominican truckers fairly.“Jacques Ghardakhan’s project manager seems to have a beef with Dominican truckers and little petty personalities, and withholds information from us and does arbitrary stuff,” he said.Therefore, the Association will be meeting sometime today and tomorrow to discuss how this could be dealt with. He added that they will not condone any behavior that would cause problems for the Association and its members. “Some of us our loans have gone into arrears, we owe for tires and all kind of things so now that this thing is being fixed up”.He also noted that the meeting with Public Works officials went well and they “are happy it is resolving itself”. Meanwhile, president of the Association Earl Laudat said he is confident that government will resolve the matter in the quickest possible time. “The Minister at least set the cards on table. He was very unhappy that we have not gotten paid from since January. It was some sort of disbelief to everybody but that is the reality about it,” he noted.Mr said he clearly understands that the problem is not that of the government but that of the funding agency and contractor and called on Mr Ghardakhan to meet with truckers soon to discuss new working arrangements. Dominica Vibes Newscenter_img Share Sharing is caring! Sharelast_img read more

High kicks & flying swords on show at Wushu championships

first_imgIn Pattaya, the winners of each category were presented with the mayor’s trophies while all participants received medals.  This event is considered a great way of showcasing Wushu and strengthening the friendship and bond between Thai and Chinese cultures.Two female competitors face off in the Tai Chi with general weapons category.This young martial artist goes through her routine in the Tai Chi with short weapons event. Wushu practitioners from all over Thailand gathered at Pattaya School No. 7 on Saturday, April 30 for the 14th running of the national Wushu championships, being held in Pattaya for the second time. The event programme featured men’s and women’s competitions in Tai chi with general weapons, bare handed Tai chi, Tai chi with short and long weapons, bare-handed combat, weapon combat and team performance.Banjong Bantoonprayuk, host of Pattaya, and Worapoj Pongpalee, advisor to the mayor presents trophies to some of the junior winners.Wushu is derived from traditional Chinese martial arts and is both an exhibition and a full-contact sport.  In recent times it has become an internationally recognized sport through the International Wushu Federation (IWUF), which holds the World Wushu Championships every two years.last_img read more

Connacht Release Squad Update Ahead Of Southern Kings Visit

first_imgTickets are still available for the game on Saturday night (7.35pm) with savings of up to 15% available when purchased online. Update on returning players:Tiernan O’Halloran has returned to team training following knee surgery at the end of last season.Prop:Finlay Bealham sustained a head injury in the Glasgow game and is currently following return to play protocols.Lock:Andrew Browne is rehabilitating from an Achilles tendon injury and expected to be out for a number of weeks.Back Row:Naulia Dawai is continuing his recovery from a hamstring injury and is aiming to return to full training in the coming weeks.Scrum-half:Caolin Blade will re-integrate into team training this week as he continues his recovery from a hamstring injury in the pre-season game against Munster.Centre:Peter Robb underwent surgery for an ongoing hip issue earlier this week and will be out of action until December.Back Three:Niyi Adeolokun is continuing his recovery from knee surgery under the supervision of the medical and fitness teams. The Connacht medical team have issued the below update on the squad ahead of Saturday night’s historic Guinness PRO14 clash against South Africa’s Southern Kings.center_img print WhatsApp Facebook Twitter Emaillast_img read more

Masterson set to Captain Connacht in Challenge Cup Clash with Worcester

first_imgEuropean Rugby Challenge Cup Round 4, Kingston Park, Newcastle, England 20/12/2015Newcastle Falcons vs ConnachtNewcastleÕs Sonatane Takulua and Eoghan Masterson of ConnachtMandatory Credit ©INPHO/James Crombie Eoghan Masterson is set to captain Connacht in their Challenge Cup game against Worcester in the Sportsground tomorrow (3pm). The 24-year-old takes his place at number 8 in a back row that includes Eoin McKeon at blindside and James Connolly at openside. There is also a new-look front row from the team that started the round one bonus point win away to Oyonnax. Denis Buckley comes in at loosehead and Dave Heffernan and Dominic Robertson-McCoy are included at hooker and tighthead respectively.  In the backs, Bundee Aki returns to the centre alongside Eoin Griffin in the centre. Tiernan O’Halloran is also back in the side at full back after a brief injury.center_img Connacht’s record try scorer in European competition Matt Healy, who scored two tries in the opening round, is included in the starting XV.He spoke to reporters about the challenge that Connacht face tomorrow: “We had a great travelling support last week in Geneva and we were delighted with the bonus point win. So, we had a review of the Oyonnax game and very quickly moved on and started focusing on Worcester. We are delighted to be back in the Sportsground in front of our home support. Worcester will bring a big challenge, they had a good win last week and, like ourselves, will be looking to gain a bit of momentum this weekend.”#CONvWORKick-off 3.00pm:(15-9) Tiernan O’Halloran, Darragh Leader, Bundee Aki, Eoin Griffin, Matt Healy, Jack Carty, Caolin Blade, (1-8) Denis Buckley, Dave Heffernan, Dominic Robertson-McCoy, Quinn Roux, James Cannon, Eoin McKeon, James Connolly, Eoghan Masterson (Capt)Replacements (16-23): Shane Delahunt, Peter McCabe, Conor Carey, Cillian Gallagher, Jarrad Butler, Kieran Marmion, Craig Ronaldson, Cian Kelleher.print WhatsApp Facebook Twitter Emaillast_img read more

Galway girls in opposition for O’Connor Cup final

first_imgGalway county stars Shauna Molloy (St Fursey’s Headford) and Louise Ward (Kilkerrin Clonberne) of University of Limerick will go up against Sarah Gormally (Kilkerrin Clonberne) and Aine McDonagh (Maigh Cuilinn) of UCD in an intriguing O’Connor Cup Ladies Football final at 4pm today in Grangegorman. UCD edged out UCC with a late goal in a thrilling semi-final yesterday while UL were much too good for Queens as they qualified for the final for the 6th year in a row. University of Limerick 7-16 Queens Belfast 2-9UL team v QUB: C Moore (Cork); Shauna Molloy (Galway), C McGrath (Waterford), A Kelleher (Cork); Louise Ward (Galway), L Ryan (Clare), J Cregg (Roscommon); S Kelly (Cork), F McHale (Mayo); R Delee (Limerick), E Needham (Mayo), S Howley (Mayo); H O’Donoghue (Kerry), E Scally (Cork), R Howard (Tipperary). Subs: E Fitzpatrick (Tipperary) for Needham (40), F Tagney (Kerry) for Howley (40), O O’Dwyer (Tipperary) for Cregg (46), S Murphy (Kerry) for Scally (50), A Healy (Laois) for McGrath (50). UCD 2-7 UCC 1-9UCD team v UCC: L Bruggner (Kerry); K McGrath (Waterford), Sarah Gormally (Galway), R Flynn (Mayo); N Carr (Donegal), N Collins (Dublin), M Byrne (Dublin); M Lambe (Dublin), T O’Sullivan (Dublin); A Murphy (Kerry), Aine McDonagh (Galway), L McCartan (Westmeath); C Mohan (Monaghan), D Beirne (Leitrim), K Boyce Jordan (Westmeath).Subs: C Foxe (Wexford) for Mohan (29), A O’Reilly (Kerry) for Boyce Jordan (51).print WhatsApp Facebook Twitter Email NUIG ladies were beaten in the O’Connor Shield final by DCU yesterday, while GMIT’s ladies won the Donaghy Cup for only the second time after beating Marino Institute in DIT by 6-13 to 1-13. last_img read more