Politics
KFF Health News: The Drug Company That Prospered Without Creating Any Drugs
"Although Horizon says it now has 20 drugs under development, in its 15 years of existence it has yet to license a product it invented. Yet the company has managed to assemble a war chest of lucrative drugs, in the process writing a playbook for how to build a modern pharmaceutical colossus. As the White House and both parties in Congress grapple with reining in prescription drug prices, Horizon’s approach reveals just how difficult this may be. Horizon’s strategy has paid off handsomely. Krystexxa was just one of the many shiny objects that attracted Amgen, a pharmaceutical giant. Amgen announced in December that it intends to buy Horizon for $27.8 billion, in the biggest pharmaceutical industry deal announced in 2022. Horizon’s CEO, Tim Walbert, who will reportedly get around $135 million when the deal closes, has mastered a particular kind of industry expertise: taking drugs invented and tested by other people, wrapping them expertly in hard-nosed marketing and warm-hued patient relations, raising their prices, and enjoying astounding revenues." more »
Julia Sneden Wrote: Love Your Library
Julia Sneden Wrote: My mind’s eye can still see the face of the Children’s Librarian, although I have long since forgotten her name. We will be wise to continue to back up our knowledge of history and literature and art and science with hard copy. She kept up with my reading level, suggesting writers and books that she thought I might enjoy, feeding my curiosity and interests. I believe that curiosity is genetically programmed into every child. The first way a child explores the world is through direct, sensory experience. Later on, the mastery of spoken language (oh, those questions!) provides information, but ultimately, it is learning how to read that opens a child’s mind to the endless possibilities of a world of literature and science and history and human thought." more »
Federal Trade Commission to Hold Hearing on Proposed Impersonation Rule; The Informal Hearing Will Be Held Virtually and Livestreamed on ftc.gov.
The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p.m. on May 4, 2023. In a Federal Register Notice, the FTC notes that during the recent public comment period regarding the Notice of Proposed Rulemaking, an informal hearing was requested by a commenter. Any member of the public wishing to speak at the informal hearing must request to speak by April 14, 2023. Requests can be made in response to the Federal Register Notice.
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The White House, President Joe Biden: Executive Order on Reducing Gun Violence and Making Our Communities Safer
"The Attorney General; Secretary of Education; the Secretary of Homeland Security; the Director of the Office of Management and Budget; and the heads of other agencies, as appropriate, shall develop a proposal for the President, the Secretary of Health and Human Services, including through the Surgeon General of the United States; the Sit it no later than September 15, 2023, on how the Federal Government can better support the recovery, mental health, and other needs of survivors of gun violence, families of victims and survivors of gun violence, first responders to incidents of gun violence, and communities affected by gun violence." more »