Prescription Drug Prices Still Growing Strong

Prescription-drug prices have been outpacing the growth in prices for other medical products and services, according to a study from the Government Accountability Office this week. Which drugs have seen the biggest hikes?
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Pfizer Shrinks Its Drug Pipeline Amid R&D Cuts

In an update Tuesday, Pfizer said it is discontinuing 15 of the projects in its development pipeline. The news comes a month after the world’s largest pharmaceutical company announced large research and development cuts were on…

Why Samsung Electronics Should Say No to Drugs

Samsung Electronics is known for its smartphones, TVs and memory chips. Now it wants to tackle biopharmaceuticals, on Friday announcing a new joint venture to produce drugs to treat cancer and arthritis. Here’s why the move cou…

Pharmaceuticals Look Beyond Medications to Smartphone Apps

Pharmaceutical companies looking for fresh sources of profit are increasingly investing in a range of health care innovations that aren’t drugs at all, from smartphone apps and educational websites to social media platforms and…