Good morning, one and all. Damian Garde here, filling in for Ed Silverman in the middle of what for many of you will be a truncated workweek. Here’s hoping for a quiet handful of days as we wend toward another weekend. In those lulls, do share your thoughts — about biopharma’s future, Scott Gottlieb’s FDA, your own hiring plans, and more — in our STAT Plus subscriber survey. Below, as always, are some headlines to get your day started. And if you hear anything interesting, do let us know.

Canadian drug firm Concordia has raised the price of a thyroid drug by about 6,000 percent over the past decade, and regulators say the company has overcharged the U.K. by more than $100 million in the process, the Guardian reports. The U.K.’s competition authority alleges that Concordia used its monopoly on the drug, liothyronine, to bilk the government, threatening to fine the company as much as 10 percent of its annual revenue. Concordia claims the pricing was done “openly and transparently,” adding that it has made “significant investment” in the medicine over the past decade.

Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free!


What is it?

STAT Plus is a premium subscription that delivers daily market-moving biopharma coverage and in-depth science reporting from a team with decades of industry experience.

What's included?

  • Authoritative biopharma coverage and analysis, interviews with industry pioneers, policy analysis, and first looks at cutting edge laboratories and early stage research
  • Subscriber-only networking events and panel discussions across the country
  • Monthly subscriber-only live chats with our reporters and experts in the field
  • Discounted tickets to industry events and early-bird access to industry reports

Leave a Comment

Please enter your name.
Please enter a comment.

  • Thanks for the fill-in Damien – will we see you tomorrow as well?
    May I also observe that the STAT Plus survey was a bit too intrusive for my taste, although I did complete it – in an unredacted fashion.

Sign up for our Daily Recap newsletter

A roundup of STAT’s top stories of the day in science and medicine

Privacy Policy