The Loopholes Drug Companies Use to Keep Prices High

The Loopholes Drug Companies Use to Keep Prices High

The retired firefighter, 53, needs Revlimid to stay healthy. Celgene Corp. has raised the price 88 percent over the past seven years. The drug doesn’t have substantial competition from a less expensive generic version, and probably won’t for another eight years. Celgene has worked hard to make sure of that. Drugmakers typically have exclusive rights to sell brand-name medicines for 12 or 13 years. After that, cheaper copycats can hit the market. Celgene and a growing number of other pharmaceutical giants are taking advantage of an array of loopholes to extend the exclusivity period,…

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Drugs case: focus turns to IT companies, education institutes

Drugs case: focus turns to IT companies, education institutes

Notice served on 13 firms, 50 schools and colleges: Excise Minister After the film industry, the Telangana excise department has turned its attention to IT companies and private education institutions, the names of employees and students of which figured in the drugs case. The department has served notice on 13 IT companies and 25 schools and an equal number of colleges which figured in the list. “We will call them for questioning once the officials gather sufficient proof,” Excise Minister T. Padma Rao Goud said. ‘Tollywood not targeted’ He refuted…

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The 23 Highest-Rated Companies For Vacation And Paid Time Off

The 23 Highest-Rated Companies For Vacation And Paid Time Off

Taking time off is critical for feeling engaged and refreshed in your job. While some companies have generous vacation policies on paper, if that policy isn’t coupled with a corporate culture that encourages taking vacation, the policy won’t matter. Consequently, hearing directly from an organization’s employees about its vacation policy is a great way to evaluate it. Glassdoor has that data. It recently analyzed thousands of company reviews and revealed the highest-rated companies for vacation and paid time off. To make the list, a firm needed at least 30 ratings…

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Standing Rock protest: Companies attack Dakota Pipeline ruling

Standing Rock protest: Companies attack Dakota Pipeline ruling

Two firms behind a controversial oil pipeline in the US have accused the White House of political interference for failing to approve its completion. The US Army said it would not authorise the final section of the Dakota Access Pipeline to allow alternative routes to be considered. The decision is a win for the Standing Rock Sioux Tribe who have protested against the pipeline for months. But the next US president, Donald Trump, says he supports the project. The multi-billion, 1,200-mile (1,900 km) pipeline, crossing four states, is intended to…

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“Days of mass recruitment drive by IT companies are over”

“Days of mass recruitment drive by IT companies are over”

The days of mass recruitment drive where information technology companies recruited hundreds of candidates and later provided them on-the-job training were over, said Manikandan Thangarathnam, Director, Alexa Voice Service, Amazon India. Delivering the convocation address at Kalasalingam University here on Sunday, Mr. Thangarathnam, said that though employment opportunities still abound, the companies now expect the graduating engineers to be highly skilled during recruitment itself. “There is a perception that job opportunities are low. But if you ask the IT companies, they will say that there are several vacancies but they…

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