Word: brandes
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...frozen yogurt machine, rainbow paper-covered cone in hand, only to find that the old standbys have been chucked out the window in favor of an impressive assortment of glamorous new flavors. Gone are the days of simple chocolate, vanilla, strawberry, or swirl, having been replaced by Colombo brand frozen yogurts with names like New York Cheesecake, German Chocolate Fudge, and Royal Raspberry. It’s a bourgeois ice cream fantasy...
Flavor-blending faux pas aside, it’s great to see HUDS responding to student outcry against generic products and general culinary malaise. Our new, jazzed up, and—most importantly—brand name frozen yogurt has likely brightened many a day across Harvard campus. Now if they’d just do something about those “Toastie...
...private health insurers, opting for a cheaper generic version of an expensive name-brand drug is a no-brainer. But Senate Republicans are under fire from Democrats for encouraging just the opposite. The dispute has arisen over how much of a discount pharmaceutical companies should be expected to offer on drugs sold to Medicaid, the health care program for the poor. A deficit-reduction bill under consideration last week by the Senate Finance Committee had included a provision that would increase to 17% the current 15.1% rebate manufacturers of brand-name drugs must offer Medicaid. The Congressional Budget Office estimated...
...save another $300 million, but outside experts such as Stephen Schondelmeyer, a professor of pharmaceutical economics at the University of Minnesota, predicts it'll end up being "one of those penny wise, pound foolish decisions." That's because generic drug companies, which have far smaller profit margins than the brand-name firms, warn that the increased discount would squeeze them out of the Medicaid market, leaving the brand-name manufacturers-which can more easily absorb a rebate increase-to cash in when the federal program has to buy the higher priced drugs from them...
...This is a prescription for brand-name drug manufacturers to earn greater profits at the expense of low-income consumers," charges Democratic senator Jay Rockefeller. But aides for Senate Majority Leader Bill Frist and Finance Committee chairman Charles Grassley insist the generic drug companies are exaggerating the pain they'll feel from the expanded discount. They add that the deficit reduction bill, which the full Senate will consider this week, has other sweeteners for the generics companies...