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The United States, which leaves drug pricing to market competition, has higher prices than in other countries, where governments directly or indirectly control costs swank cufflinks green stone. That makes it by far the world’s most lucrative market for manufacturers. Congress has been targeting the pharmaceutical industry over the rising cost of prescription drugs for U.S. consumers, particularly since Democrats took over the House of Representatives in January. Last week, the House Oversight Committee and the Senate Finance Committee brought in patient advocates and health policy experts to discuss the burden of high drug costs on consumers..
Senators and congressmen have also written to insulin manufacturers requesting information on why its cost has skyrocketed in recent years and how much the companies profit from the life-sustaining diabetes treatment. Drug pricing is also a top priority of the administration of President Donald Trump, who had made it a central issue of the 2016 presidential campaign. Drugmakers have slowed and limited U.S. price increases as scrutiny on their practices has intensified over the past few years. They nonetheless increased prices on hundreds of drugs in January, including a 6.2 percent increase on the world’s top-selling drug – AbbVie’s rheumatoid arthritis treatment Humira – and hikes on insulin prices by Sanofi and Novo Nordisk swank cufflinks green stone.
(Reuters) – Boeing Co said on Tuesday it had made a significant investment in supersonic business jet developer Aerion, as the world’s biggest planemaker looks to tap into rising demand for high-end aircraft that can reduce travel time swank cufflinks green stone. The company’s shares touched a record high of $407.48 following the announcement, after opening above $400 for the first time. Boeing will provide engineering, manufacturing and flight testing services for Aerion’s $120 million supersonic business jet, which is slated for its first flight in 2023..
The jet, the Aerion AS2, can fly at speeds of up to Mach 1.4, or about 1,000 miles (1,610 km) per hour, 70 percent faster than conventional business jets. Lockheed Martin Corp, which announced a partnership in 2017 to develop the AS2, is no longer working with Aerion, representatives from both companies said swank cufflinks green stone. A spokeswoman for the maker of the F-35 and F-22 fighter jets told Reuters on Tuesday that “Lockheed Martin’s contract with Aerion to vet the technical viability of the AS2 design expired Friday, February 1, and there are no plans to renew.”..
Boeing and Reno, Nevada-based Aerion, founded by billionaire businessman Robert Bass, did not disclose the financial terms of the deal. U.S swank cufflinks green stone. startups Aerion, Boom Supersonic and Spike Aerospace are working to reintroduce supersonic passenger travel for the first time since the Anglo-French Concorde retired in 2003. Supersonic designs have struggled to meet current subsonic noise standards due to engine constraints, but Aerion said in October it would be able to take off and land without regulatory changes in the United States, providing a potential boost to efforts to bring back faster air travel..