Myan’s CEO is grilled by congressional leaders on Capitol Hill, Allergan (NYSE:AGN) and Johnson & Johnson (NYSE:JNJ) step up merger and acquisition activity and the presidential debates are underway. Mylan has dominated the pharma news headlines recently over its aggressive pricing increases regarding its EpiPen which uses an auto-injection of epinephrine to treat severe allergic reactions, particularly deadly in school age children. Since Mylan acquired the product in 2007, and the “list” price increased from $100 in 2008 to its current “list” price of ~$600. Elijah Cummings Continue reading "Preview Issue #3 - Pharma Acquisitions Change The Game"→
Hillary Clinton has thrusted the drug pricing debate onto center stage once again after calling out Mylan for its aggressive price increases over the past decade for its EpiPen. The EpiPen uses an auto-injection of epinephrine to treat severe allergic reactions, particularly deadly in school age children. Mylan acquired the product in 2007, and the “list” price increased from $100 in 2008 to its current “list” price of ~$600. Hillary Clinton was quoted as stating:
We're working with INO Contributor, Noah Kiedrowski, on a new and exciting complimentary service and we wanted to give you a sneak peek. Twice a month, Noah will bring you a comprehensive analysis of the health, biotech, and pharmaceutical industry.
Noah is a biotechnology professional with a diverse scientific background and detailed knowledge in many therapeutic areas. This newsletter will highlight sector trends, merger and acquisition activity, noteworthy current events, political developments and drug approvals. Noah will focus on well-established mid-cap and large-cap companies as well appropriate ETFs as proxies for sector trends.
The health, biotech, and pharmaceutical industries are massive and with this newsletter, we hope that you will find new opportunities to explore and knowledge from an industry professional with a passion for financial analysis.
This past week has been crazy! The news has been dominated by Brexit, the house sit-in, and the ever entertaining presidential campaign. There was also tremendous tragedy in West Virginia as devastating floods took lives and destroyed homes. A few members of our staff live in this wild and wonderful state. Although they are safe, many of their state's residents are suffering great losses.
We have donated to the flood relief efforts as part of our INO Cares campaign. We hope that our contribution will be used to provide both material and emotional comfort for the flood victims.
If you have it in your hearts to contribute to the West Virginia Flood Relief, there are many ways to do so. Below you will find a few organizations that are trying to make a difference for this broken community.
What a great time of year to dish out some more INO love!
Clean, potable water has always been a global issue, but rarely is it something we hear about in our own backyard. The folks of Flint, Michigan have been dealing with toxic water since a source switch in 2014. Being able to purchase potable water is not an easy task for some. To help with a temporary solution to this major problem, organizations have been established to collect water donations and transport them to Flint for distribution.
Maryland resident and Flint, Michigan native, Ron Lee, wanted to help his hometown. Ron teamed up with "Well of Hope" to help collect, transport and distribute water donations. He and his family drove a giant moving truck filled with water all the way to Flint early Saturday morning. They will hand-deliver this much-needed resource to this area in great need.
We managed to get our water donation on the truck right before they left! Ron was grateful and assured us that our gift of love will be given directly to many Flint residents who are in dire need.
Learn more about Well of Hope and their ongoing efforts to help the citizens of Flint, Michigan.