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Transcripts For CNBC Street Signs 20240714

First half net profit jump for roche as they lift their Sales Outlook for the year the ceo tells cnbc the trend will continue into 2020. Given the strong momentum we have with the new medicines, we also expect growth beyond the current year and to be able to continue to overcompensate the effect of the entry of the bio similars. Astrazeneca shares hit a record high as they beat Second Quarter estimates. The ceo hales strong growth in cancer drug sales. It was a growth rate of 19 this was driven by oncology Franchise Growth of 58 . We got to 4 billion for the first half, china grew by 35 . So very great driver of growth for us and ab inbev beat Second Quarter forecasts as beer sales grow at their fastest pace in five years, while diageos ceo tells cnbc a taste for gin is boosting performance a lot of that growth is coming in the early evening occasion from ill call it boring wine an boring beer an beautifully served tangaray and tonics have a beautiful space to play. Just some of the la

Transcripts For CSPAN3 House Oversight Hearing On Prescription Drug Prices 20240714

The chair is authorized to declare a recess of the committee at any time. A regulars muscle for five minutes in Opening Statement the first one he was of age after wrestling incident. Was one protects the childs life . Think about it. Americans are dying every year while pharmaceutical companies have seasons able to afford the drugs some are developed with federal funding. Responsibility to the american taxpayer. They use loopholes and peasants. Even when they are supposed to be is the american taxpayer. Our investigation has made significant progress. We plan to do more. How they are using the post fees and what steps can be taken now, i yelled to the distinguished member of our committee. Patients to line the pockets. They have gone so far. To know the answer to this problem. The reality they have been situation completely backwards. Distance from Government Intervention in the pharmaceutical and healthcare markets. Laws and regulations they have put in place have led to the abuse of

Transcripts For FBC Bulls Bears 20240714

Down nearly 334 points. The president just weighingin on all of this tweeting moments ago quote what the market wanted to hear from and the Federal Reserve that this was the beginning of a lengthy and aggressive rate cutting cycle. Which would keep pace with china the European Union and other countries around the world. Powell let us down but elysses and in quantitative tightening which should not have started in the first place. No inflation. We are winning anyway but im still not getting much help from the Federal Reserve. So steve, is this fair criticism given the strength of the economy . I think jay powell is simply trying to save face. He had to reverse himself for from last year and now he is saying , we will do it our own way. But there will be another cut by the fall. Kind of a big yawn. December should have happened i dont think today should have happened. Today is just a reverse, one thing that should have happened there for the second thing had to happen. Im not so sure we

Transcripts For CSPAN3 House Oversight Hearing On Prescription Drug Prices 20240714

The chair is authorized to declare a recess of the committee at any time. A regulars muscle for five minutes in Opening Statement the first one he was of age after wrestling incident. Was one protects the childs life . Think about it. Americans are dying every year while pharmaceutical companies have seasons able to afford the drugs some are developed with federal funding. Responsibility to the american taxpayer. They use loopholes and peasants. Even when they are supposed to be is the american taxpayer. Our investigation has made significant progress. We plan to do more. How they are using the post fees and what steps can be taken now, i yelled to the distinguished member of our committee. Patients to line the pockets. They have gone so far. To know the answer to this problem. The reality they have been situation completely backwards. Distance from Government Intervention in the pharmaceutical and healthcare markets. Laws and regulations they have put in place have led to the abuse of

Transcripts For CSPAN3 House Energy Commerce Subcommittee Hearing On Prescription Drug Prices 20240714

Down Prescription Drug prices. The witnesses at the hearing, representatives of the pharmaceutical industry and advocates for patients. Good morning, everyone. The Sub Committee on health will now come to order. The chair now recognizes for five minutes for an opening statement. Last week our Sub Committee held a hearing to essentially follow the money in the drug supply chain. We came away with much valuable information, but we also found there are many secrets. Secret decisions about how drugs are priced. Secret deals between Drug Companies and the pbms and secret agreements between pbms and insurers. Today were considering seven bipartisan bills that essentially unmask the secrets, that secret process, and ensure that low income seniors can afford their medications and build on the drug pricing package passed by the house last week. The first and very important bill ensures that seniors can afford their drugs. Representatives cunningham and bill araukus introduced a creating lower c

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