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big pharma

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Big Pharma's Biggest Enemy Is… Apple?

By , Associate Editor, Money Morning -

apple

The line between pharmaceuticals and technology is blurring.

Apple has been "secretly" creating a new, revolutionary sensor that will disrupt the Big Pharma industry forever.

Here's what Apple's been up to...

These Numbers Prove Big Pharma Is Scared of Trump

By , Associate Editor, Money Morning -

trumps solar panel wall

Big pharma execs are hoping to avoid President Trump's wrath by drastically reducing the amount of price hikes in 2017.

Producers raised the list prices of 25% fewer drugs than this time last year.

However, this pause on price increases won't last long...

How One Simple Tweet Tanked a Stock and Minted a Millionaire

By , Associate Editor, Money Morning -

stock

Yesterday, a tweet about one simple stock caused a company's share price to plummet in minutes.

That same Twitter post also minted one trader nearly $3 million...

[Chart] Pharma Companies Make Billions as Prescription Spending Soars

By , Associate Editor, Money Morning • @KyleAndersonMM -

Biotech Investing

Prescription drug spending continues to hit record highs, and the world's top pharma companies continue to bank billions.

More than $374 billion was spent on prescription drugs in the United States in 2014, according to a report from the IMS Institute of Health. That was a 13.1% jump from 2013, and the highest growth rate in more than a decade, says ExpressScripts.

Here's a look at how U.S. prescription drug spending has trended over the last 10 years..

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