Health

March 19, 2019

“Insurance options from firms like Steel City Re can shield companies in two ways. First, it helps protect short-term cash flows. ‘One part of our insurance is the instrumental value, which tells creditors that the short-term cash flow is protected because there is contingent capital. This improves bond ratings and risk profiles, which raises your …

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February 27, 2019

“While biopharmaceutical companies set the set list price of a medicine, insurers ultimately determine what patients pay out of pocket,” said Holly Campbell, spokeswoman for the Pharmaceutical Research and Manufacturers of America. “We agree the status quo is not working for patients and our health care system needs to change, but we need to address …

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February 21, 2019

In the case of Purdue, it appears as if they failed to recognize quickly enough that, at some point, their stakeholders – and the expectations of those stakeholders – changed. …Suddenly, elected officials at all levels became stakeholders. Local health organizations and nonprofits became stakeholders. Additional regulatory and law enforcement agencies became involved. All their …

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February 15, 2019

“A federal judge in Maryland said The Johns Hopkins University, Bristol-Myers Squibb Co and the Rockefeller Foundation must face a $1 billion lawsuit over their roles in a 1940s U.S. government experiment that infected hundreds of Guatemalans with syphilis…” “A federal judge in Maryland said The Johns Hopkins University, Bristol-Myers Squibb Co and the Rockefeller …

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June 28, 2018

Unfortunately, the industry’s reputation for corporate governance and corporate practices do not share that insulation and, in fact, the industry has been a popular target for many years among politicians, the media and public policy activists. The reputation of the pharmaceutical industry runs along two tracks. Because of a long and positive record supported by …

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April 14, 2018

“Many of you have seen media reports regarding the Novartis relationship with Essential Consultants in the U.S. and many of you will feel disappointed and frustrated…We made a mistake entering into this engagement and as a consequence are being criticized by a world that expects more from us,” wrote Novartis CEO Vasant Narasimhan. The chief …

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March 13, 2018

The resulting matrix includes 41 issues across four categories: access to health, environmental sustainability, employees, and ethics and transparency. It was completed in 2014 and is based on both internal and external research and surveys . As head of the pharmaceutical giant, Frazier oversaw an assessment of which issues are most important to each of …

March 13, 2018 Read More