Bernie Sanders

Joe Biden, Bernie Sanders Urge Novo Nordisk and Eli Lilly to Lower Prices of Weight Loss Drugs

Joe Biden, Bernie Sanders Urge Novo Nordisk and Eli Lilly to Lower Prices of Weight Loss Drugs

President Joe Biden and Senator Bernie Sanders have urged Novo Nordisk and Eli Lilly to lower the prices of their popular weight loss drugs.

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Novo Nordisk CEO to Testify Before Senate After Sanders' Subpoena Threat Over Drug Pricing

Novo Nordisk CEO to Testify Before Senate After Sanders' Subpoena Threat Over Drug Pricing

Novo Nordisk CEO Lars Fruergaard Jørgensen will testify before the Senate following Sen. Bernie Sanders' threat to subpoena the company over the pricing of diabetes drug Ozempic and obesity drug Wegovy.

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Joe Biden, Bernie Sanders Tout Inhaler Price Drops as They Join Forces to Promote Lower Health Care Costs

President Joe Biden and Senator Bernie Sanders joined forces on Wednesday to promote lower health care costs, including inhalers.

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KBW Suggested to Break Citigroup to Increase Shareholders' Value

The analyst at Keefe, Bruyette & Woods believed the breakup would increase shareholders value by 57%. However, Citigroup has asked its shareholders to vote against the too-big-to-fail proposal.

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Sanders to Hold Fundraiser as Campaign Received Donation of $5.2 Million

Bernie Sanders has cashed in on his small-dollar contributors and raised almost $5.1 million in a sudden, instant fundraiser on his victory night. Without a super-PAC to cushion his campaigns, he has always managed to keep pace with competition like Hilary Clinton, who's dependent on high-dollar contribution to fill her kitty. Sanders already knows exactly what he wants to do with the influx of cash.

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Elizabeth Warren Introduced Bill Providing Special Bonus to Social Security Recipients

Sen. Elizabeth Warren, D-Mass.presented a bill that would pay social security beneficiaries a one-time stipend intended to balance the absence of a cost living adjustment in 2016. Investment News reported that Warren's arrangement calls for the elimination of a tax reduction that allows companies to discount CEO rewards, authorizing the cash to pay those on Social Security.

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Merck, Eli Lilly Probed for Alleged Drug over Pricing

The Justice Department launched an investigation on drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co for alleged over pricing. The Wall Street Journal reported that the US Attorney's office in Eastern District of Pennsylvania, along with the Justice Department's civil division set a probe on Merck, Eli Lilly, and Valeant on how these drug makers calculate and report their product pricing to the government medical rebate program.

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