Pharmaceutical manufacturing

Trader Michael Unkonis, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 29, 2019. Stocks are opening slightly higher on Wall Street as several big U.S. companies reported solid results for the latest quarter. (AP Photo/Richard Drew)
January 29, 2019 - 3:44 pm
NEW YORK (AP) — Major U.S. stock indexes were mostly lower late Tuesday afternoon, placing the market on course for its second decline in a row. Losses in technology and media companies outweighed gains in industrial and health care stocks. Early gains faded as investors assessed a mixed bag of...
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Sen. Chuck Grassley, R-Iowa, center, chairman of the Senate Finance Committee, is joined at left by Sen. Ron Wyden, D-Ore., the ranking member, at a hearing on the high price of prescription drugs, on Capitol Hill in Washington, Tuesday, Jan. 29, 2019. (AP Photo/J. Scott Applewhite)
January 29, 2019 - 12:14 pm
WASHINGTON (AP) — A senior Republican lawmaker said Tuesday he plans to investigate price spikes in the cost of insulin for people with diabetes as Congress opened hearings on the high cost of prescription drugs. "I have heard stories about people reducing their life-saving medicines, like insulin...
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FILE- This Dec. 4, 2017, file photo shows a tablet of Pfizer's Viagra, left, and the company's generic version, sildenafil citrate, at Pfizer Inc., headquarters in New York. Pfizer Inc. reports earnings Tuesday, Jan. 29, 2019. (AP Photo/Richard Drew, File)
January 29, 2019 - 7:09 am
NEW YORK (AP) — Pfizer's strong profit for the fourth quarter is being overshadowed by a tepid outlook for the year. The drugmaker on Tuesday had a loss of $394 million, or 7 cents per share. Adjusted for non-recurring costs and costs related to mergers and acquisitions, however, per-share earnings...
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FILE- In this Jan. 18, 2019, file photo specialist Michael Pistillo works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 25. (AP Photo/Richard Drew, File)
January 25, 2019 - 4:42 pm
NEW YORK (AP) — Stocks closed higher on Wall Street Friday, recovering a chunk of their losses from earlier in the week. Technology and industrial companies jumped. Traders took a brighter view on the economy, and U.S. companies continued to report solid results for the fourth quarter. Energy and...
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FILE- In this Jan. 11, 2019, file photo, Specialist John O'Hara, left, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 24. (AP Photo/Richard Drew, File)
January 24, 2019 - 2:37 pm
NEW YORK (AP) — Stocks are mixed Thursday as technology and industrial companies climb following some better-than-expected quarterly reports from companies including chipmakers and airlines. Spice maker McCormick and other household products companies are sinking, and drugmakers are down as well...
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FILE - In this Friday, Jan. 18, 2019, file photo, Speaker of the House Nancy Pelosi, D-Calif., takes questions from reporters on Capitol Hill in Washington. Pelosi is laying out her strategy on health care and first up is improvements to “Obamacare” and legislation to lower prescription drug costs. (AP Photo/J. Scott Applewhite, File)
January 22, 2019 - 12:23 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi is laying out her strategy on health care and first up is improvements to "Obamacare" and legislation to lower prescription drug costs. "Medicare for all" will get hearings. Pelosi and President Donald Trump have been sounding similar themes about the...
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FILE - In this Jan. 4, 2019, file photo Rep. Elijah Cummings, D-Md., speaks at the Capitol in Washington, Friday, Jan. 4, 2019. Leading congressional liberals are unveiling a package of bills that aims to reduce what Americans pay for prescription drugs by linking prices to lower costs in other countries. Vermont Independent Sen. Bernie Sanders and Cummings plan to introduce three bills Thursday, Jan. 10. (AP Photo/J. Scott Applewhite, File)
January 14, 2019 - 12:41 pm
WASHINGTON (AP) — House Democrats announced a sweeping investigation Monday of the pharmaceutical industry's pricing practices, jockeying for the upper hand with the Trump administration on an issue that concerns Americans across the political spectrum. Oversight and Reform Committee Chairman...
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FILE - In this Jan. 4, 2019, file photo Rep. Elijah Cummings, D-Md., speaks at the Capitol in Washington, Friday, Jan. 4, 2019. Leading congressional liberals are unveiling a package of bills that aims to reduce what Americans pay for prescription drugs by linking prices to lower costs in other countries. Vermont Independent Sen. Bernie Sanders and Cummings plan to introduce three bills Thursday, Jan. 10. (AP Photo/J. Scott Applewhite, File)
January 10, 2019 - 10:19 am
WASHINGTON (AP) — Challenging the Trump administration on a top consumer issue, leading congressional liberals are proposing legislation that would radically reduce U.S. prescription drug bills by linking prices to lower costs in other countries. The legislation set to be introduced Thursday has...
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FILE- In this July 11, 2018, file photo, Bridgett Snelten holds her Trulicity injection at her home in Sandy, Utah. Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV. On Tuesday, Jan. 8, 2019, the company began running TV ads for Trulicity, a popular diabetes drug, that don’t give the price but direct viewers to the website. (AP Photo/Rick Bowmer, File)
January 08, 2019 - 5:27 pm
Drugmaker Eli Lilly has started posting price information online for drugs advertised on TV. On Tuesday, the company began running TV ads for a popular diabetes drug that don't give the price but direct viewers to the website . The site gives Trulicity's monthly list price of $730.20, the average...
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FILE - In this July 10, 2018 file photo, bottles of prescription medicines ride on a conveyor belt at a pharmacy warehouse in Florence, N.J. According to a report released on Tuesday, Jan. 8, 2018, annual spending by the U.S. health industry on ads and promotions has reached $30 billion. That includes advertisements for prescription drugs that were shown 5 million times on TV and elsewhere in 2016. That’s a huge increase in 20 years and just part of broad health industry efforts to promote drugs, devices, lab tests and even new hospitals. (AP Photo/Julio Cortez, File)
January 08, 2019 - 2:29 pm
Ads for prescription drugs appeared 5 million times in just one year, capping a recent surge in U.S. medical marketing, a new analysis found. The advertisements for various medicines showed up on TV, newspapers, online sites and elsewhere in 2016. Their numbers soared over 20 years as part of broad...
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