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Under Biden's Budget, These 2 Little-Known Biotechs Could Help End the Opioid Crisis


Jun 2, 2021 at 1:00PM
Among all of the overwhelming and depressing statistics associated with the coronavirus pandemic, here s one number that has sometimes been overlooked: 81,003 people in the U.S. died from drug overdoses in the 12-month period that ended in June 2020. That was a 20% year-over-year increase to a record high, due largely to a sharp surge in overdose deaths after COVID-19 struck. The combination of the added stressors of the pandemic and addicts inability to access support and treatment proved devastating to many. 
That s just one reason President Biden s recent budget proposal calls for $10.7 billion to fight the country s opioid addiction crisis. His proposal focuses on at-risk communities, and increases funding for everything from prevention to recovery programs. If the president gets his way, ....

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Collegium Pharmaceutical Inc (COLL) Q1 2021 Earnings Call Transcript


Operator
Greetings, and welcome to the Collegium Pharmaceutical First Quarter 2021 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Alex Dasalla. Please go ahead.
Alex Dasalla
Head of Investor Relations
Welcome to Collegium Pharmaceuticals first quarter 2021 earnings conference call. This is Alex Dasalla, Head of Investor Relations for Collegium. I am joined today by Joe Ciaffoni, our Chief Executive Officer; Paul Brannelly, our Chief Financial Officer; and Scott Dreyer, our Chief Commercial Officer.
Before we begin today s call, we want to remind participants that none of the information presented today is intended to be promotional and that any forward-looking statements made today are made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. You are cautioned that such forward-looking statements involve risks and uncertaintie ....

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Drug Manufacturers Raise Prices on Brand Drugs In First Quarter


Drug Manufacturers Raise Prices on Brand Drugs In First Quarter
FAYETTEVILLE, NY, USA, April 21, 2021 /EINPresswire.com/ On January 1st, the pharmaceutical industry raised prices on 381 brand drugs averaging 4.5 percent. Since then, an additional 267 brands have increased prices through the end of the first quarter 2021, averaging 5.3 percent. The largest increase was 26.0 percent on Vaprisol-5% Dextrose (Cumberland Pharmaceuticals), used to elevate sodium levels. The second largest increase was 25.0 percent for Nitro-Dur (Ingenus Pharmaceuticals), used to prevent chest pain, followed by a 19.9 percent increase for Axumin (Blue Earth Diagnostics), an advanced diagnostic imaging agent. Notwithstanding these three exceptions, all price increases for the quarter were 10.0 percent or less. ....

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