Word: hike
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...Norvir case is particularly troubling. Used as a boosting agent to increase the potency of other AIDS drugs, Norvir is an essential component of many treatment regimes. Although costs will vary between treatment plans, Abbott’s price hike will set many AIDS patients back anywhere from an extra $6000 to $12,000 per year...
...like Bristol-Myers Squibb and GlaxoSmithKline–are also livid. These companies produce AIDS drugs that must be combined with Norvir for optimal efficacy, so the Norvir price increase effectively raises the cost of their drugs as well. But Abbott has declined to pass along the Norvir price hike to its own combination drug, Kaletra (which is pre-boosted with Norvir), thereby undercutting its competitors. A savvy business move? Certainly. Kaletra will doubtless gain increased market share as higher Norvir prices force AIDS patients to switch off of their old treatment regimes. But this market manipulation will likely have...
...would let students take nine courses in a year for the price of eight—three each term, with condensed courses providing a more concentrated academic experience without the frivolous projects. Competition from peer institutions and a shorter school year overall would hollow any excuses for a tuition hike. Although Stanford schedules its fall exams just before winter break, its very late start subjects it to the same criticisms encountered at Harvard: Students planning internships or work in the summer are stuck with a late return home, when it’s almost June and the jobs are taken...
...regret to see yet another spending hike for the Pentagon in Bush’s latest budget. With this 7 percent rise, which doesn’t include any supplemental money for Iraq or Afghanistan, military spending in 2005 will surpass the largest defense budgets of the Cold War. And, regrettably, it will almost certainly pass because of a Republican chokehold on the House of Representatives and Senate Democrats’ insecurities about seeming weak on defense. If it has to pass, let’s use the new money wisely—by siphoning it into higher salaries...
...until after 2006 is far too weak a concession. The MBTA should make a more durable commitment to the community of riders by keeping fares low, steering improvement efforts toward the neighborhoods that truly need them and allowing an independent audit of its accounts. As it stands, the fare hike remains a suggestion of a regressive transportation policy in which those who can afford a car are valued above those who ride the buses and subways...