Washington, July 23 (IANS) President Donald Trump has promoted his administration’s new TrumpRx programme, claiming it would slash prescription drug prices for Americans by requiring pharmaceutical companies to match the lowest prices charged in other developed countries. Addressing a rally in Marietta, Georgia, Trump said his administration had implemented a “most favoured nation” pricing policy that would dramatically reduce the cost of medicines, arguing that Americans had long paid far more …
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Boston, May 1 (IANS) India’s emergence as a global pharmaceutical powerhouse is entering a new phase, driven by innovation, vaccine leadership and expanding clinical capabilities, according to Dr Elias Zerhouni, former Director of the US National Institutes of Health (NIH).Zerhouni said the India-US relationship in healthcare and biotechnology has steadily strengthened over the years, moving beyond manufacturing to innovation-led collaboration.“There’s a tremendous amount of exchanges and …
Washington, March 12 (IANS) The US pet industry has reached a record $157 billion in spending, but small business owners told senators that rising healthcare costs, regulatory hurdles, labour challenges, and financing constraints are making it harder for many companies to keep pace with the sector’s rapid growth. At a hearing of the Senate Small Business and Entrepreneurship Committee on Wednesday (local time), lawmakers and business owners painted a picture of a booming consumer market that h…