big pharma

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Big Pharma's Biggest Enemy Is… Apple?

By Casey Wilson, Associate Editor, Money Morning - April 13, 2017

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...

Article Index

Big Pharma's Biggest Enemy Is… Apple?

By Casey Wilson, Associate Editor, Money Morning - April 13, 2017

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 Casey Wilson, Associate Editor, Money Morning - February 27, 2017

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 Casey Wilson, Associate Editor, Money Morning - December 9, 2016

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 Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - July 24, 2015

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..