And so, another working week will soon draw to a close. And what a week it was. But as our savta would always remind us, “The only constant is change.” So let us turn to daydreaming about our weekend plans. Our agenda is filling up quickly. Besides raking leaves and listening to Leonard Cohen, we will attend nuptials for a favorite relative. But what about you? You could enjoy the gorgeous autumn weather. Reach out to someone special. Or simply plan the rest of your life. The possibilities are endless. Well, whatever you do, have a grand time, but be safe. Enjoy and see you soon …
Valeant Pharmaceuticals may change its name in order to break with its scandalous past, Reuters tells us. Board member and leading investor William Ackman says the beleaguered drug maker, weighed down by probes into accounting and pricing practices, has become a poster child for high drug prices and a name change may help boost its sullied reputation.
A UK appeals court ruled that the National Health Service in England has the legal power to pay for an HIV pill to prevent infection, PharmaTimes writes. The decision was a victory for AIDS campaigners who have been calling for widespread use of PrEP, or pre-exposure prophylaxis, which can lower the risk of contracting the virus during sex by more than 90 percent, according to studies. The NHS argued it could not be in a position to fund a preventive service.
A ‘name change’ for Valeant – of course, what a great solution to their… issues. Why not ‘Biovail?’ No need to search if it’s taken, although ‘Bio-travail’ might be a better fit?
Looks like indeed Papa’s got a brand new bag. Step 1) you rebrand the company, Step 2) you raise drug prices to pay for the rebranding, 3) Step 3 you can get away with jacking up prices AGAIN. WHY? Because you are like a brand new company. The name Valeant has been obliterated from people’s memory banks like a scene from “The Outer Limits”. Now you are just another drug company charging outrageously high prices with no track record. Ingenious!
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