California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts
Posted inbiosimilars California CalRx Diabetes Discount Selling Drugs (Pharmaceuticals) Eli Lilly and Company Generic Brands and Products Government Contracts and Procurement Inflation Reduction Act of 2022 Insulin Law and Legislation Novo Nordisk A/S Prices (Fares, Fees and Rates) Sanofi SA

California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts

The state awarded a $50 million contract to produce less costly treatments, but moves by major suppliers might undercut the initiative before any new product emerges.
Double-Barreled Economic Threat Puts Congress on Edge
Posted inBanking and Financial Institutions Biden, Joseph R Jr Democratic Party Emergency Economic Stabilization Act (2008) Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Republican Party Schumer, Charles E Senate Shutdowns (Institutional) United States Economy United States Politics and Government

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.