AMills

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'Breakthrough' child cancer drug costs $475K, and this advocate says that's way too much

It's being hailed as a potentially revolutionary treatment for the most common type of childhood cancer, but the drug recently approved by the FDA …

EpiPens Are Quietly Getting More & More Expensive

<i>Update:</i> According to Mylan, the wholesale cost of EpiPen has not increased since last year. "The current wholesale acquisition cost (the cost set by …

Take the Generic, Patients Are Told. Until They Are Not.

<i>This article was written through collaboration between The New York Times and ProPublica, the independent, nonprofit investigative journalism organization.</i><p>It’s standard advice for consumers: If you are prescribed a medicine, always ask if there is a cheaper generic.<p>Nathan Taylor, a 3-D animator who …

Better drugs, faster: The potential of AI-powered humans

<b>Scientists working in tandem with artificial intelligence (AI) could slash the time it takes to develop new drugs - and, crucially, the cost - say tech companies.</b><p>Developing pharmaceutical drugs is a very expensive and time-consuming business. And as AstraZeneca found out last week, disappointing …

Artificial Intelligence

Philly drug maker seeks approval in EU for gene therapy

Philadelphia gene therapy company Spark Therapeutics has applied to the European Medicines Agency for approval to sell its treatment of rare …

Vaccines provide a boost for GlaxoSmithKline, Sanofi and Merck in second-quarter financials

For three of the world’s top four vaccine companies, sales growth churned along in the second quarter as other areas of business struggled. Vaccines …

Pfizer powerhouses Prevnar and Enbrel falter in Q2, raising doubts about growth trajectory

Where’s the upside?<p>That was the prevailing question on the minds of Wall Street analysts after Pfizer announced mixed results in its second quarter, …

Bernie's pharma bill would save billions

Allowing Americans to purchase lower-priced medicines from other countries would save the federal government alone more than $6 billion, according to …

Bernie Sanders’ Drug Price Bill Would Save Billions, Congressional Analysts Say

Allowing Americans to purchase lower-priced medicines from other countries would save the federal government alone more than $6 billion, according to …

A small biotech behind a groundbreaking approach to tackling cancer just got its first drug approved

The FDA just approved a new drug to treat acute myelogenous leukemia, a cancer of the blood and bone marrow.<p>The drug, made by Agios Pharmaceuticals in partnership with Celgene, is called Idhifa, or enasidenib. The pill treats the cancer in people with a certain genetic mutation in the IDH2 gene.<p>The …

Cancer

The Best Business Reads of July

The month’s most interesting stories about money and economics from around the web<p>Each month, the editors of <i>The Atlantic’</i>s Business Channel share the most interesting pieces of journalism about money and economics from around the web.<p>This month’s picks include an investigation of Google’s influence …

University of Illinois

Apple CEO Successfully Avoids Discussing Trump When Asked About Trump

During the company's earnings call, Tim Cook would neither confirm nor deny President Trump's claim that the company would build three manufacturing plants in the United States.<p>When asked by an analyst about President Donald Trump's claim that Apple had promised to build "three, big beautiful …

Netflix Learns From Past Mistakes, Increases Prices The Right Way

When you make a really big mistake, the best possible outcome is that you learn from it and never make it again. It would seem Netflix has done that, based on an email sent out Friday about the company’s pricing plan.<p>The price of the streaming service is going from $7.99 to $8.99 for new customers, …

Apple hires Nokia's Lumia photography lead

Ari Partinen co-authored paper on PureView technology<p>Apple has hired a senior figure from Nokia's camera division. Lumia photography lead Ari Partinen, whose LinkedIn profile lists a history of working on Nokia cameras from 2007, announced on Twitter that he is making his way to Cupertino in June. …