Posts From King World News

Valeant CEO sees new drug pricing environment ahead

Valeant CEO J. Michael Pearson told investors the company’s 2016 outlook is based on expectations for a new pricing environment where none of its drugs have an actual price increase of more than 10 percent. Valeant shares fell 7.5 percent, or $13.18, to $164.38 on the New York Stock Exchange, while the broader Arca pharmaceutical index was off 0.56 percent . “The pharmaceutical industry is being aggressively sort of attacked

Judge orders Louisiana to fund Planned Parenthood clinics

A federal judge has blocked Louisiana’s efforts to defund Planned Parenthood clinics in the state, finding that more than 5,000 low-income patients would have their healthcare disrupted by a move he ruled likely ran afoul of the law. U.S. District Judge John deGravelles issued a temporary restraining order late on Sunday requiring Louisiana to continue providing Medicaid funding to the reproductive health organization’s clinics for the next two weeks as

Medical aid for 29,500 reaches besieged Syrians, no evacuations

Emergency supplies for 29,500 people arrived in four besieged Syrian towns on Sunday under a local ceasefire agreement but no one was evacuated as the deal provided for, the United Nations and the International Committee of the Red Cross said on Monday. Thirty-one trucks took the medical and humanitarian supplies to the Shi’ite Muslim towns of Kefraya and al-Foua, under rebel siege in Idlib province in northwest Syria, as well