Three important things we learned from Jean-Claude Juncker this weekend on the future of Europe, Trump and Brexit

by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeType 2 Diabetes | Search AdsWarning Signs of Type 2 DiabetesType 2 Diabetes | Search AdsFitSavage5 Reasons Your Ab Routine Isn’t WorkingFitSavageTech4youThis 300x Magnifying Telescope Will Keep You Busy For HoursTech4youManuka Feed​​​​High Blood Pressure: 10 Foods to AvoidManuka FeedDepressionFixed.comWhat’ll Happen to You If You Start Eating 3 Eggs a Day?DepressionFixed.comTrendybuzz11 Efficient Arm Workouts To Build Might & MuscleTrendybuzzTime-journal10 Most Expensive Cars In The WorldTime-journalhttps://anymuscle.com15 Symptoms of Diabetes You Shouldn’t Ignorehttps://anymuscle.comAuto carLook: Top 5 best small SUVs 2021 | AutocarAuto car Share whatsapp Opinions of both the public in the member states of the union and their parliaments are moving “in different directions” Juncker said”Some countries would like more Europe. Others find that we already have too much Europe,” he said.”There are those – I belong to – who would like to have a more social Europe because the social dimension of the internal market and the monetary union are under-framed. Others find that the European Union can never become a social union, and they are nervous at the thought that this could happen.”And to end talk of the end of the EU, the bloc must address such concerns over the next two to three years, the leader said: “While we are negotiating with the British, if we want to avoid the end-time mood, we have to agree on the final conceptions of the continent about ourselves.”He added: “Now everyone is saying in relation to Trump and Brexit: ‘Now is Europe’s big chance. Now is the time to close ranks and march together,'” whatsapp “I wish it will be like this, but will it happen? I have some doubt. Because the Brits will manage without big effort to divide the remaining 27 member states.”2. No second termJuncker will not go in for a second term, saying he will step down at the end of his current five year term in 2019.”I won’t be putting myself forward as a candidate for a second time,” he said.3. Trump could be an opportunity for EuropeDespite Donald Trump’s belief that the EU is on its last legs, Juncker indicated the change in administration in the US could be a an opportunity for the bloc.”I am particularly interested in the commercial policy intentions of the new American administration. Because I realise that there is something like a departure from previous behaviours. And that really opens up great opportunities for the European Union,” he said.US vice-president Mike Pence will this week visit Brussels.  Sunday 12 February 2017 10:00 am Lynsey Barber Three important things we learned from Jean-Claude Juncker this weekend on the future of Europe, Trump and Brexit European Commission President Jean-Claude Juncker has spoken about the future of Europe and his own role within it, in an interview with German radio, and the effect of Trump and Brexit.Here are the three important things he said.1. Europe is divided – and Britain isn’t helping More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org read more

Iranian foreign minister claims country is close to European oil deal despite US sanctions threat

first_img More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Zarif suggested optimism that Iran could find its way around the sanctions, pushing back against what Tehran has described as bullying by Trump.The other signatories to the nuclear agreement – Britain, China, France, Germany, and Russia – have all said they will stand by it, raising the possibility that Iran will find leeway to continue selling oil, its single largest export, into the European Union.Last week Federica Mogherini, the European Union foreign policy chief, said: “No sovereign country or organization can accept that somebody else decides with whom you are allowed to do trade with.”Several large European firms, including Airbus and Total, have overall pulled billions of dollars in investment out of Iran in anticipation of fresh sanctions. The Iranian foreign minister claimed last night that Tehran was drawing close to an agreement which would allow the country to sell oil to European nations, in spite of threats by the United States that it would impose sanctions on countries that do business with Iran. Louis Ashworth Sunday 30 September 2018 1:40 pm whatsapp Share Iran is planning to avoid US sanctions on its oil sales by conducting international trade in currencies other than the US dollar, said Mohammed Javad Zarif.“You can use your own currency,” Zarif, who negotiated Iran’s nuclear deal, said during a meeting at the United Nations. “Sell stuff in your own currency, buy stuff in the other country’s currency, and at the end of a specific period, balance it out in a non-dollar currency. It’s quite possible and may even be profitable.”The US is preparing to implement sanctions against the middle-eastern country early in November, targeting its economically-integral oil sector.Read more: Oil price rally cools as Trump blasts Opec again and Iran hits backPrevious sanctions had been lifted after Iran entered into a nuclear deal with six other countries, including the UK, in 2015, but US officials have pressured countries to stop buying oil from the country, following President Donald Trump’s announcement in May that he planned to withdraw from the deal. Tags: Donald Trump People by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workoutmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comBetterBe20 Stunning Female AthletesBetterBeCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Herald Iranian foreign minister claims country is close to European oil deal despite US sanctions threat whatsapplast_img read more

Renault tells Nissan to stop contacting directors over Ghosn scandal ahead of crunch meeting

first_imgWednesday 12 December 2018 2:56 pm Renault tells Nissan to stop contacting directors over Ghosn scandal ahead of crunch meeting Alex Daniel Tags: Trading Archive whatsapp Renault has reportedly told Nissan to stop contacting the French car maker’s directors with incriminating evidence against sacked chairman Carlos Ghosn, ahead of a crunch board meeting tomorrow.The former Nissan boss was formally charged and re-arrested on Monday along with the company’s former representative director Greg Kelly on charges of underreporting Ghosn’s salary by tens of millions of pounds since 2010. Sharecenter_img Ever since Ghosn’s first arrest on 19 November Renault has demanded to see the findings of Nissan’s internal investigation of the claims, but sources told Reuters the French company did not want board members to be contacted on the matter because it was not the agreed channel of communication on the issue.Ghosn remains chairman of Renault despite being ousted from partner company Nissan, but his future may be debated at the board meeting on Thursday, sources said.Nissan offered to brief the Renault board with what it considers proof of Ghosn’s wrongdoing, but the French company said it should tell its lawyers instead, sources said.The communication reportedly led to a meeting between the two firms’ lawyers in Paris earlier this week.The Japanese company has invited Renault board members including deputy chief executive Thierry Bollore to examine its findings, but was rebuffed, a source said. Renault and Nissan have recently endured a strained relationship, with their alliance reportedly driven largely by Ghosn. The latest reports will add to speculation about the future of the companies’ partnership.Renault shares were up around 2 per cent and Nissan shares were up around 1 per cent today.City A.M. has approached both companies for comment. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstLearn It WiseColleagues Find Woman’s Bikini Photos Inappropriate, Give Her UltimatumLearn It Wiselast_img read more

Fever-Tree toasts fizzing first set of results since its float

first_img whatsapp Fever-Tree toasts fizzing first set of results since its float UPMARKET drinks firm Fever-Tree raised its glass yesterday to a 49 per cent jump in revenue in its debut set of results since floating on the London stock market in November.The 10-year old business reported sales of £24.7m, which in turn lifted adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) by 48 per cent to £10m. “The really encouraging thing was the growth across all four of our regions despite being a relatively young business,” Fever-Tree’s c-founder and deputy chairman Charles Rolls told City A.M.Fever-Tree was founded in 2005, initially to create a tonic water to match the UK’s artisan gin revival. It supplies premium mixers such as Sicilian lemonade and ginger beer for all alcohols to retailers as well as hotels, restaurants and bars. Rolls said ginger beer sales rocketed thanks to the popularity of the Moscow Mule cocktail, helping overall sales in its second largest market grow by 59 per cent. Sales in the UK, still its biggest market, were up an impressive 60 per cent while Europe sales rose by 35 per cent. The group expanded into eight new territories last year including India, bringing tonic water back to where it was invented. It is now present in 50 territories, with 70 per cent of sales made outside the UK. whatsapp Share Express KCS Show Comments ▼center_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Monday 23 March 2015 9:52 pm Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom NationMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesWorldemandCanal Drained For First Time And They Find ThisWorldemandComedyAbandoned Submarines Floating Around the WorldComedyDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionlast_img read more

Price war prompts a record high of bets against Supermarket giants

first_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesStarscopeWhy is This $47 Monocular Better Than $3000 Telescope?StarscopeCrafthoughtShe Was A Legendary Actress – Today She Works 9 To 5CrafthoughtVitaminewsToenail Fungus? Try This TonightVitaminewsAll Around MoneyJohn Wick Stuntman Reveals The Truth About Keanu ReevesAll Around Money whatsapp Show Comments ▼ HEDGE funds are making record bets against the health of the supermarket sector, with the average interest in the UK’s four listed grocers breaking the 11 per cent barrier for the first time.Sainsbury’s and Morrisons are now the two most-shorted constituents of the FTSE 100 behind oilfield services provider Petrofac, according to a report published by Markit yesterday. “UK supermarkets were a major high conviction short play of last year as a mixture of new competition, changing consumer behaviour and accounting irregularity sent share prices in the sector down sharply,” Markit analyst Simon Colvin said.As of this week, Sainsbury’s had 16 per cent of shares being shorted compared with 9.5 per cent last year, while Morrisons stood at 15.8 per cent, up from 6.5 per cent.Online grocer Ocado is a long-term target of short sellers, with 10.5 per cent of its share currently out on loan while Tesco’s shorted position stood at 2.4 per cent. Tuesday 9 June 2015 9:17 pmcenter_img Price war prompts a record high of bets against Supermarket giants Express KCS whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Tags: NULLlast_img read more

News / Swissport expands handling footprint in Germany with Apron acquisition

first_imgBy Alex Lennane 24/09/2018 Swissport will also extend its product portfolio at Stuttgart to add Cargo and Mail transport, security services and training, services offered by Apron.Stuttgart handled more than 27,000 tonnes of air freight in 2017, including specialised car cargo shipments by the local auto manufacturing industry.Swissport announced a large expansion of its cargo infrastructure at Frankfurt earlier this year, creating a custom-built air cargo warehouse of some 16,000 sq metres, its third largest.Meanwhile, it looks increasingly likely that Swissport itself will be divested from its parent, Chinese conglomerate HNA Group. It postponed an IPO for the handler last year, but is said to be in talks with possible buyers.HNA is also in talks to sell its CWT logistics unit, just nine months after it acquired it in a $1bn deal. It is thought to be targeting a non-Chinese buyer, and due diligence is under way. Air cargo handler Swissport has acquired rival Apron GmbH in Stuttgart, making the city its second largest German hub after Frankfurt.The acquisition gives it a “large scale cargo warehouse” and is expected to bring in additional cargo revenue in Germany of nearly 20%.“The expansion of our cargo services to Stuttgart underlines our growth ambitions in the air cargo segment,” said Willy Ruf, senior vice president for Germany, Austria and Switzerland at Swissport.“Thanks to the direct tarmac access of the Stuttgart cargo facility, cargo shipments can be handled with short transit times.”last_img read more

News / Seaspan diversifies as it steps in to take control and save Swiber

first_img Seaspan, the world’s largest non-operating containership owner, has announced its first significant investment outside the sector, suggesting it intends to diversify its business model.The New York-listed lessor, with an operating fleet of 112 ships, said it planned to invest up to $200m in the restructured Singapore-based oilfield services group, Swiber Holdings.Seaspan has a war chest of $1bn via investment from Fairfax Financial Holdings, now a 22% shareholder.It had been assumed that Seaspan would use the cash to acquire distressed vessels or shipowners in the container market after its initial stated target to “deleverage its balance sheet” and obtain investment grade status.However, in earnings calls chairman David Sokul, whose career background is in the energy sector, has alluded to the need to diversify into other sectors.Swiber filed for bankruptcy in July 2016 after a decline in orders followed a prolonged slump in oil prices, leaving the company millions in debt.However, with a number of projects in Asia still to complete, administrator KPMG received support from key suppliers, vendors and creditors to restructure the company under judicial management.Swiber said today the $200m investment from Seaspan “could pave the way” for its recovery.Subject to creditor and regulatory approval, the investment will be in two tranches: $20m in cash for new ordinary shares in Swiber, which will give it 80% of the company; and the remaining $180m to be invested in a wholly-owned subsidiary, Equatoriale Energy, relating to the development of a $1bn LNG-to-power project in Vietnam.Judicial manager and the head of advisory at KPMG’s Singapore office Bob Yap said: “The conventional oil and gas sector has faced difficult conditions in recent years. However, with growing demand for power in South-east Asia, there are substantial opportunities for companies to develop clean energy solutions such as power generated from LNG.”Mr Yap said the investment from Seaspan offered “a step forward in reviving Swiber as a going concern”.Seaspan’s business model, to charter its ships on a long-term fixed-rate basis to liner shipping companies, was called into question in September 2016, after the bankruptcy of Hanjin Shipping which had a number of vessels on long-term charter.Nevertheless, unlike some of its containership owning peers, Seaspan recovered relatively quickly from the setback, and was eventually able to re-charter those vessels to other shipping lines, albeit at lower daily hire rates.Seaspan has filed a multi-million dollar claim against Hanjin in the Seoul bankruptcy court, but is unlikely to receive more than $0.2 in the dollar in any ultimate payout.The chief executive at the time, Gerry Wang, had continually refused to accept that Hanjin would crash into insolvency and said the carrier had been up to date with its charter payments. It was later revealed that Hanjin was in arrears of around $19.7m.When Hanjin did declare bankruptcy, stranding over 100 ships and more than 500,000 containers around the world, Mr Wang described the situation as shipping’s “Lehman moment”. He retired in November last year and was replaced by Bing Chen.Of the Swiber deal, Mr Chen said: “We are excited to partner with Swiber. Together with Swiber’s operational and engineering capabilities, Seaspan’s leading maritime asset platform and our chairman David Sokul’s energy-related expertise, we will unlock substantial value.” By Mike Wackett 04/10/2018last_img read more

Brexit News / ‘An invisible traffic jam of exports’ as shipper anxiety builds

first_img© Inkdropcreative1 By Alex Whiteman, Brexit reporter 18/02/2021 There is an invisible traffic jam of UK exports building, amid increasing business risk-adverseness, according to a new survey.Scottish Engineering CEO Paul Sheerin told the Scottish Parliament’s Culture, Tourism, Europe and External Affairs Committee a survey of the members of the association revealed that “all those who export goods are suffering” as a result of Brexit.He said: “These problems are myriad, predominantly involving availability of logistics capacity and increased costs. But what worries them more than this is the impact on their relationships with customers.“Delays in getting parts in, mean delays in getting goods to customers, and when parts come in late, they lack the capacity to build fast enough and address the backlog.”center_img Scottish engineering firms, Mr Sheerin told the MSPs, were growing increasingly anxious about the length of time customers would tolerate Brexit-related supply chain disruption before opting to find alternative markets.One company, he said, had paid £1.75m in dedicated air freight costs in an attempt to keep its supply chains moving and maintain its commitments to customers.“This same company previously sent home over 200 members of staff because it didn’t have enough components to build with; many are asking how long issues like this will be allowed to go on before clients abandon them for non-UK manufacturers,” Mr Sheerin added.“We’ve also been warned by colleagues in Northern Ireland to watch out for when the next phase of customs requirements is implemented.”Mr Sheerin’s comments come in the same week that Whitehall claimed the UK had avoided the “worst case scenario” of post-Brexit supply chain breakdown and significant queues to the port of Dover.A Cabinet spokesperson told The Loadstar the latest data government had shown freight flows between the UK and EU were “back to normal”.However, the Road Haulage Association (RHA) challenged this, telling The Loadstar a lack queues “should not be confused as a barometer or success”, as checks were happening elsewhere.A spokesperson for Logistics UK acknowledged that traffic flows appeared “comparable” with 2020, but noted that flows through Channel ports were “traditionally low” at the start of the year, and that they “are still some way off” expected volumes for later in the year.“In addition, most controls on inbound freight aren’t in place yet,” the spokesperson told The Loadstar.“Businesses have worked hard in these first two months to adopt new trading processes for exports, in real time, and are now working with customers and partners in Europe to adopt the necessary processes to ease potential delays for inbound freight from April onwards.“SPS certification will be required virtually on all food and animal imports and, from July, all import requirements will be on, when flow levels are higher than they are now.”Mr Sheerin said shipments were waiting at the “back doors” of factories, whether because they were being risk-averse in sending goods out or as a result of paperwork delays.He added: “That’s why there are no queues at ports; it’s happening and it’s bad, it’s just not visible.”last_img read more

Q&A: A nonprofit tries a deep-dive fix for making medicines accessible

first_img GET STARTED Q&A: A nonprofit tries a deep-dive fix for making medicines accessible [email protected] What’s included? About the Author Reprints Pharmalot Log In | Learn More A committee assembled by the National Academies of Sciences, Engineering and Medicine looked at access to affordable medicines. Carl Clifford / Creative Commons Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTEDcenter_img Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What is it? @Pharmalot As national angst over pharmaceutical pricing accelerates, one private nonprofit is hoping to provide some long-term solutions. Last year, the National Academies of Sciences, Engineering and Medicine assembled a committee of experts from academia and industry to make recommendations on the larger issue of access to affordable medicines. The topics to be reviewed include drug patents; health insurance; government health care programs; changing finances of physician practices; ways to prevent drug shortages, and how to compare the effectiveness of medicines. A report is due in July, so we chatted with Sharyl Nass, who is director of the Board on Health Care Services, which is part of the National Academies and that organized the committee, about what to expect. This is an excerpt from our conversation …Pharmalot: How did this come about? Ed Silverman Tags drug pricingpharmaceuticalsSTAT+ STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. By Ed Silverman Jan. 25, 2017 Reprintslast_img read more

A new California drug pricing transparency bill clears its first hurdle

first_img What is it? @Pharmalot Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. A California bill aimed at providing transparency into prescription drug pricing moved a step closer to reality on Wednesday when a Senate committee approved the legislation.In a 7 to 2 vote, the state’s Senate Health Committee supported the idea that drug makers should notify state officials about planned price hikes and also justify those increases. The legislation would also require health plans to provide detailed information about drug costs and the portion of premiums attributed to this expense. A new California drug pricing transparency bill clears its first hurdle Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What’s included? Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Pharmalot By Ed Silverman April 20, 2017 Reprintscenter_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Ed Silverman About the Author Reprints Log In | Learn More California state Senator Ed Hernandez. Rich Pedroncelli/AP [email protected] GET STARTED Tags drug pricingpharmaceuticalsSTAT+last_img read more