Tag Archives: Billions

Roche Flu Medication Fraud Stole Billions

A whistleblower lawsuit has been filed against drugmaker Roche, alleging the company made false claims and misrepresented studies, causing the U.S. government to stockpile $ 1.5 billion of its influenza medicine Tamiflu (oseltamivir).1 The lawsuit was filed by Dr. Thomas Jefferson, a researcher associated with the Cochrane Collaboration research network, under the False Claims Act,… Read More »

Americans Skip Meds and Borrow Billions to Pay for Basic Health Care

Last year, Americans borrowed a whopping $ 88 billion to pay for their health care, according to a nationally representative survey. What’s more, 45 percent of respondents said they feared that a major health care crisis would lead to bankruptcy, and nearly 25 percent of respondents reported skipping medical treatments in order to cut costs.… Read More »

Increased Payer and Provider Support May Drive Billions of Dollars in Savings from Biosimilars

By SHEILA FRAME  FDA Commissioner Scott Gottlieb has said biosimilars are “key to promoting access and reducing health care costs. And it’s a key to advancing public health.” While the Administration works to reduce barriers to bringing biosimilars to market, payers and providers can help increase adoption of biosimilars in clinical practice and ensure cost… Read More »