Johnson & Johnson Joins Fight Against Lowering Drug Prices in the US
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Johnson & Johnson Joins Fight Against Lowering Drug Prices in the US
Johnson & Johnson , Joins Fight Against Lowering , Drug Prices in the US.
On July 18, Johnson & Johnson (J&J) became the
third major pharmaceutical company to challenge
the Biden administration's Inflation Reduction Act.
On July 18, Johnson & Johnson (J&J) became the
third major pharmaceutical company to challenge
the Biden administration's Inflation Reduction Act.
CNBC reports that Johnson & Johnson has
announced a lawsuit over a controversial provision
that give's Medicare the power to slash drug prices.
The lawsuit, which was filed in a New Jersey federal
district court, argues that the provision violates
the company's First and Fifth Amendment rights.
Major drugmakers filed separate suits, along
with the U.S. Chamber of Commerce and PhRMA,
the largest pharmaceutical lobbying group.
Merck and Bristol Myers Squibb are among the
companies to file lawsuits against the government.
.
Merck and Bristol Myers Squibb are among the
companies to file lawsuits against the government.
.
The Inflation Reduction Act gave Medicare
the power to negotiate drug prices for
the first time in the program's history.
.
The Inflation Reduction Act gave Medicare
the power to negotiate drug prices for
the first time in the program's history.
.
CNBC points out that the provision was aimed at
making drugs more affordable, but it would
also cut into pharmaceutical industry profits.
According to Johnson & Johnson, its patented blood
clot drug, Xarelto, will be up for price negotiations in 2023
due to it being one of the 10 most reimbursed drugs.
According to Johnson & Johnson, its patented blood
clot drug, Xarelto, will be up for price negotiations in 2023
due to it being one of the 10 most reimbursed drugs.
Last year, Johnson & Johnson garnered, $2.47 billion in revenue , from sales of Xarelto.
The U.S. Health and Human Services Department
released a statement saying the agency will, “vigorously defend the president’s drug price negotiation
law, which is already helping to lower health care
costs for seniors and people with disabilities.”.
The U.S. Health and Human Services Department
released a statement saying the agency will, “vigorously defend the president’s drug price negotiation
law, which is already helping to lower health care
costs for seniors and people with disabilities.”
Cardi B won’t be casting her ballot for Joe Biden or Donald Trump this November … 'cause she’s calling them both failures as Commanders In Chief. Cardi.. TMZ.com
Biden Asserts Executive Privilege , Over Audio of Interview With Robert Hur.
In February, Hur's yearlong investigation
into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.
In February, Hur's yearlong investigation
into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.
House Republicans were provided a
transcript of Biden's interview with Hur, but they wanted the audio, which the DOJ denied.
As a result, House Republicans were
moving to hold Attorney General
Merrick Garland in contempt of Congress.
On May 16, the Department of Justice told House Republicans that the president asserted executive privilege over audio from his interview with the special counsel.
The move protects Garland from criminal exposure as GOP lawmakers seek to hold him accountable.
Assistant Attorney General Carlos Uriarte
explained the DOJ's actions in a letter.
The Attorney General must draw a line
that safeguards the Department from
improper political influence and protects
our principles, our law enforcement work,
and the people who carry out that work
independently, without fear or favor, Assistant Attorney General Carlos Uriarte, via letter .
The Committees seek to hold the
Attorney General in contempt
not for failing in his duties,
but for upholding them, Assistant Attorney General Carlos Uriarte, via letter .
With the information you now have,
the Committees ought not to proceed
with contempt and should instead avoid
unnecessary and unwarranted conflict, Assistant Attorney General Carlos Uriarte, via letter .
White House Counsel Ed Siskel also wrote a letter supporting the assertion of executive privilege. .
The absence of a legitimate need
for the audio recordings lays bare
your likely goal—to chop them up,
distort them, and use them for
partisan political purposes, White House Counsel Ed Siskel, via letter
Credit: Wibbitz Top Stories Duration: 01:31Published
President Biden's getting better at saving himself from nasty tumbles ... 'cause he was thiiis close to going down Wednesday in the middle of a memorial for.. TMZ.com
Trump Accepts Offer , to Debate Biden.
On May 15, President Biden revealed that he agreed to an offer from CNN to debate Donald Trump and then challenged his predecessor to do the same.
I’ve received and accepted an invitation
from @CNN for a debate on June 27th.
Over to you, Donald. As you said:
anywhere, any time, any place, President Joe Biden, via X.
Donald Trump lost two debates to
me in 2020. Since then he hasn’t shown
up for a debate. Now he’s acting like
he wants to debate me again, President Joe Biden, via video message.
Well, make my day, pal, I’ll even do it
twice. So let’s pick the dates, Donald –
I hear you’re free on Wednesdays, President Joe Biden, via video message.
Trump took to Truth Social to respond.
I am Ready and Willing to Debate
Crooked Joe at the two proposed
times in June and September, Donald Trump, via Truth Social.
Both candidates have expressed a preference to debate sooner than the fall dates initially proposed by the Commission on Presidential Debates.
Both candidates have expressed a preference to debate sooner than the fall dates initially proposed by the Commission on Presidential Debates.
According to Biden campaign chair
Jen O'Malley Dillion, those dates are
"out of step with changes in the structure of our elections and the interests of voters.".
Trump went on to say that he'd like
to debate Biden more than twice.
I would strongly recommend more
than two debates and, for excitement
purposes, a very large venue, although
Biden is supposedly afraid of crowds - , Donald Trump, via Truth Social.
That’s only because he doesn’t get
them. Just tell me when, I’ll be
there. 'Let’s get ready to Rumble!!!', Donald Trump, via Truth Social.
That’s only because he doesn’t get
them. Just tell me when, I’ll be
there. 'Let’s get ready to Rumble!!!', Donald Trump, via Truth Social.
The first debate between the two
presidential candidates will be June 27.
The first debate between the two
presidential candidates will be June 27
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Cracks Down , on ‘Junk Insurance Plans’.
On March 28, President Joe Biden announced that
a new rule will limit short-term health insurance
plans to three months, ABC News reports. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
Additionally, short-term plan providers must
clearly explain benefit limitations to consumers. .
The president really believes
the American people do not want
to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement.
Short-term insurance is intended to temporarily serve as a safety net for periods of transition,
such as switching jobs or prior to receiving Medicare.
However, critics call these plans
"junk insurance" because they're often misleading as far as what they actually cover.
ABC News reports that the plans aren't required to cover those with preexisting conditions or pay for prescription drugs.
In 2018, Trump expanded short-term plans and referred to them as "much less expensive health care at a much lower price.".
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
The short-term plan expansion was
upheld by an appeals court in 2020
Credit: Wibbitz Top Stories Duration: 01:31Published
Walmart Lays Off Hundreds of Workers , While Requiring Others to Relocate.
On May 14, the retail giant announced layoffs impacting several hundred employees at campus offices, NPR reports.
It was also revealed that most remote workers and
employees in Dallas, Atlanta and Toronto will be required
to move to "Bentonville, Arkansas; Hoboken, New Jersey;
and the San Francisco Bay Area," NPR reports.
Chief People Officer Donna Morris
let workers know in a memo.
It has been a little over four years since
we faced the global pandemic that
reshaped our lives in many ways,
including our ways of working. , Chief People Officer Donna Morris, via memo.
With the goal of bringing more of us
together more often, we are asking the
majority of associates working remotely,
and the majority of associates within our
offices in Dallas, Atlanta, and our
Toronto Global Tech office, to relocate. , Chief People Officer Donna Morris, via memo.
Morris went on to address the
"reduction of several hundred campus roles." .
While the overall numbers are small
in percentage, we are focused on
supporting each of our associates
affected by these changes, Chief People Officer Donna Morris, via memo.
A reason for the layoffs was not provided other than the fact that "some parts of our business have made changes," Morris said.
We have had discussions with
associates who were directly
impacted by these decisions. , Chief People Officer Donna Morris, via memo.
We will work closely with them in
the coming days and months to
navigate the best path forward, Chief People Officer Donna Morris, via memo
Credit: Wibbitz Top Stories Duration: 01:31Published
‘New York Times’ Poll , Indicates Trouble for Biden.
Donald Trump was found to be "leading in
five out of six swing states," 'The Hill' reports. .
Wisconsin is the only swing
state where Biden is leading.
In 2020, Biden won all six swing states.
The May 13 poll also indicated that support for Biden is dwindling among young voters,
as well as Black and Hispanic voters.
What’s so impressive about this is
polls have historically underestimated
Trump’s support, not overestimated
Trump’s support, Ford O’Connell, a Republican strategist, via 'The Hill'.
And then if you couple this poll
with nearly 100,000 people
showing up in Arctic blue New
Jersey, this is a disaster for Biden, Ford O’Connell, a Republican strategist, via 'The Hill'.
And then if you couple this poll
with nearly 100,000 people
showing up in Arctic blue New
Jersey, this is a disaster for Biden, Ford O’Connell, a Republican strategist, via 'The Hill'.
Biden supporters, however, say that polling conducted this far away from election day should be taken with a grain of salt.
The only consistency in recent
public polls is inconsistency. , Geoff Garin, Biden campaign pollster, via 'The Hill'.
These results need to be weighed against
the 30-plus polls that show Biden up and
gaining — which is exactly why drawing
broad conclusions about the race based
on results from one poll is a mistake. , Geoff Garin, Biden campaign pollster, via 'The Hill'.
The reality is that many voters are not paying
close attention to the election and have not
started making up their minds — a dynamic
also reflected in today’s poll. , Geoff Garin, Biden campaign pollster, via 'The Hill'.
These voters will decide this election,
and only the Biden campaign is doing
the work to win them over, Geoff Garin, Biden campaign pollster, via 'The Hill'
Credit: Wibbitz Top Stories Duration: 01:31Published
Donald Trump's got murderers on the mind ... making a reference to fictional serial killer Hannibal Lecter at a recent rally -- to make a point about.. TMZ.com
Early in the morning on Wednesday, April 10, the night sky over New Jersey was unexpectedly illuminated by a massive fireball streaking across it. This remarkable event marks the third extraordinary natural phenomenon observed in the United States this week, following a rare earthquake and a total solar eclipse. Reports suggest that the sudden blaze of light may have been caused by a meteor hurtling towards the earth, possibly landing somewhere within New Jersey's Garden State or its surrounding areas.
#NewJerseyFireball #BizarrePhenomena #NightSkySpectacle #MeteorMadness #AstrologyWonders #EpicFireball #CelestialDisplay #WeekOfWonder #MeteorMystery #SkyLitUp
~PR.152~ED.194~
4.8-Magnitude Earthquake , Hits US East Coast.
NBC reports that the East Coast of the United States
was struck by an earthquake on April 5
which was felt from Maryland to Maine.
According to the U.S. Geological Survey,
the earthquake struck just before 10:30 a.m. local
time and was measured at a 4.8-magnitude. .
There were no initial reports
of any major damage.
According to New York Governor
Kathy Hochul, the quake could
be felt across the state. .
My team is assessing impacts
and any damage that may have
occurred, and we will update
the public throughout the day, Kathy Hochul, New York Governor, via NBC.
New Jersey Governor Phil Murphy
said that the state's emergency
operations center had been activated.
New Jersey Governor Phil Murphy
said that the state's emergency
operations center had been activated.
As a result of the quake, the Port
Authority Transit Corp. suspended service
between Pennsylvania and New Jersey. .
Crews will inspect the integrity
of the line out of an abundance
of caution. Once inspection is
complete, service will resume.
No timeframe. Updates to follow, Port Authority Transit Corp. statement, via X.
Meanwhile, New York’s Metropolitan Transportation
Authority said service would not be impacted by the quake,
and teams would be inspecting train lines for damage.
NBC reports that earthquakes are a rare occurrence in
the Northeast, however in February of 2023, Buffalo,
New York, was struck by a 3.8-magnitude quake
Credit: Wibbitz Top Stories Duration: 01:30Published
Drug Shortages Reach , All-Time High in US, , Pharmacists Say.
According to the American Society of Health-System Pharmacists (ASHP) and
the Utah Drug Information Service.
the first quarter of 2024 saw
323 active drug shortages, Fox News reports.
The previous record of
320 shortages was set in 2014.
ASHP CEO Paul Abramowitz said,
"some of the most worrying shortages involve generic sterile injectable medications," .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
... "including cancer chemotherapy drugs and emergency medications stored in hospital crash carts and procedural areas." .
Abramowitz went on to say that the
"ongoing national shortages of therapies for attention-deficit/hyperactivity disorder also remain
a serious challenge for clinicians and patients.".
A separate ASHP report said that "the most severe and persistent shortages are driven by economic factors that undermine investment in manufacturing capacity, manufacturing quality and supply chain reliability.".
These economic challenges are
driven by extreme price competition
among generic manufacturers, ASHP, via report.
ASHP will continue to engage
with policymakers regularly as we guide
efforts to draft and pass new legislation
to address drug shortages and continue
to strongly advocate on behalf of our
members for solutions that work, ASHP CEO Paul Abramowitz, via statement.
Last week, the Department of Health and Human Services issued a white paper recommending tactics for Congress to help.
With today’s white paper,
HHS offers solutions and stands
ready to work with Congress to
ensure no patient faces the devastating
consequences of drug shortages or
goes without needed medicines, U.S. Department of Health and Human Services, via press release
Credit: Wibbitz Top Stories Duration: 01:31Published
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