Lets catch up on what the market has done overnight. The big issue is oil, back in the bear market. It is currently down 20 off its highback in june, when we reached the high. Clearly, china is weighing into that once more with concerns about too much supply and where demand goes when you have the pmi coming out of china. If missed every single economists forecast. We saw doing even worse than had been expected. I will also bring you uptodate with some of the market moves we saw in terms of closing on the equity market. The commodities that is feeding into the market, the s p 500 off by nearly a half a percent. Meanwhile, the european stoxx 600 is off. They have been slumping for three days in a row. That brings us to our twitter question of the day. Let us know how much further does the commodities route have to go . Tweet me. I want to know your thoughts and what you think good oil go even further than a 20 decline . Of course it was disappointing in china when preliminary pmi fell t
Arrangement, and are you guaranteeing what is the price of the drug when are you saying you are only going to get paid x if you reach a cure level or certain level of adherence. Theres some interference there, and its used as an excuse for those types of arrangement or getting out of those arrangements by pharmaceutical companies. The other is the fda approves the drug if it works. And they dont necessarily approve it saying whether it works better than things that have previously been approved or whether it doesnt work better than thing previously approved. And that can create some friction when it comes to dealing with providers who seem to want to gravitate toward the newest and the latest, even if it really doesnt turn out to work any better than some of the alternatives that have come down the pike before. So whats the solution there . More as we heard on the earlier panel, more effectiveness, information and data . I think the comparative effectiveness would really help. Then you
And coming up, more on the recent health and Human Services forum on pharmaceutical innovation and drug costs. Up next, senators from medicare and medicaid acting administrator andy slavit and purchasing strategies for the pharmaceutical industries. This includes manufacturers, employers, consumers, Health Insurance providers and government officials. Once again, if you will all take your seats well get started on the final panel of the day. Where as promised, well devote our discussion to outcomes based purchasing, what is the potential for those, what are the obstacles and how do we get to better value and better accessibility for patients as soon as possible through these and other mechanisms. Let me introduce our panelists now. You have been introduced to at least this gentleman there, dan durham, Senior Vice President of ahib, thats americas Health Insurance plans. And ken frazier is with us, the president and chief executive officer of merck and company. One of the premier pharma
Almost 150 f35s, with more on the assembly line. Even though the plane is not cleared for combat. It can blow up. Absolutely. There goes the airplane and the pilot good evening, thank you for joining us im adam mays sitting in for joie chen. Despite the talk about the need for belt tightening theres a programme that has been spared. Congress is expected to spend more than 1 trillion on the f35 fighter plane. Even though that programme experienced setback after setback. Now theres another concern. Safety. America tonights Sheila Macvicar investigates speaking with former pentagon advisors raising alarm bells much reporter the air force base is where the american pilots learn the art of aerial combat. Here the full array of u. S. Air power is on display, gr proven workhorses like the f16 and f 15 to the modern f22. Parked along side the runway youll find the latest edition to americas military arsenal. The f35 is the most expensive Weapons Programme in american history. According to one
So far the pentagon has bought almost 150 f35s, with more on the assembly line. Even though the plane is not cleared for combat. It can blow up. Absolutely. There goes the airplane and the pilot good evening, thank you for joining us, im adam mays, sitting in for joie chen. Despite the talk about the need for belt tightening theres a programme that has been spared. Congress is expected to spend more than 1 trillion on the f35 fighter plane. Even though that programme experienced setback after setback. Now theres another concern. Safety. America tonights Sheila Macvicar investigates speaking with former pentagon advisors, raising alarm bells much reporter the air force base is where the american pilots learn the art of aerial combat. Here the full array of u. S. Air power is on display, gr proven workhorses like the f16 and f 15 to the modern f22. Parked along side the runway, youll find the latest edition to americas military arsenal. The f35 is the most expensive Weapons Programme in