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Drugmakers ring in 2016 with hefty price hikes

2016-01-13 07:27:54| Biotech - Topix.net

If you need one of a number of drugs treating ailments ranging from heart arrhythmia to severe pain, you may be feeling another type of discomfort this year: a hit to the wallet. Drugmakers including Pfizer and Allergan have boosted prices on many brand-name medications since last month.

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Pfizer Hikes Prices for Over 100 Drugs on January 1

2016-01-09 08:17:58| Biotech - Topix.net

Pfizer Inc, which plans a $160-billion merger with Ireland-based Allergan Plc to slash its U.S. tax bill, on Jan. 1 raised U.S. prices for more than 100 of its drugs, some by as much as 20 percent, according to statistics compiled by global information services company Wolters Kluwer. Pfizer confirmed a 9.4 percent increase for heavily advertised pain drug Lyrica, which generated $2.3 billion in 2014 U.S. sales; a 12.9 percent increase for erectile dysfunction drug Viagra, which had 2014 U.S. sales of $1.1 billion; and a 5 percent increase for Ibrance, a novel breast cancer drug launched last year at a list price of $9,850 per month, or $118,200 per year.

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Will productivity gains offset ASEAN wage hikes in 2016?

2016-01-04 12:55:00| Daily apparel & textile news and comment - from just-style.com

Faced with minimum wage hikes in 2016, many Southeast Asian garment manufacturers are planning to try lifting productivity via ambitious training programmes.

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Rent Hikes Stress Single-Family Renters

2016-01-04 11:05:58| National Real Estate Investor

In most of the country, owners of single-family rental properties might be hitting the ceiling on how much further they can raise rents. read more

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Hyundai scion hikes stake in automaker for $259 million

2015-11-10 22:37:06| Automakers - Topix.net

Hyundai Motor Co. Vice Chairman Chung Eui Sun, heir-apparent to South Korea's largest carmaker, increased his stake in the automaker by buying shares from a struggling shipbuilding group controlled by his uncle.

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