The simultaneous listing could bring evaluation of 225 billion dollars and may raise more than aramcos record sale. Day twot lady headlines of the republican convention. The theme is the land of opportunity as Melania Trump makes the case for her husband winning four more years. Working news at the moment. We are getting confirmation that the u. S. Business will be charged in a generic drug pricefixing probe. This coming from the department of justice, saying the Pharmaceuticals Company was charged for its role in a saying teslas u. S. U. S. Mers tevas consumers were charged 350 million. It was charged for conspiracy including landmark and glen tech. Nd apple it is falling more than 4 in postmarket trading. Teva pharmaceuticals being charged with conspiring to raise prices for generic drugs. This is after years of pricefixing in the generic drug market. The doj saying it is the seventh company to be charged with generic drug pricefixing. Teva was charged for pricefixing. You can see th
Why pay more to wait longer for worse care . Instead lets give patients the care that they need from a doctor they choose at lower costs. Mr. President , that is our goal. That is our objective. And that is what we are going to accomplish. Thank you, mr. President. I yield the floor. Mr. Durbin mr. President. The presiding officer the democratic whip. Mr. Durbin i ask consent the quorum call be suspended. The presiding officer were not in a quorum call. Mr. Durbin thank you, mr. President. I ask consent to be recognized as if in morning business. The presiding officer without objection. Mr. Durbin just a few minutes ago, i had a visit to my office of four young people from the state of illinois. They were of a variety of different ages, from 10 years of age to the age of 17. They all came because they had a similar life experience, and they wanted to share it with me. Each one of them have been diagnosed with type one diabetes. And little owen, 10yearold owen from deerfield, told a sto
With stocks and the march to dow 20k, as you know was less than a point away from making history on friday. Plus, coke and p g getting downgraded to sell this morning over at Goldman Sachs. And a busy week on capitol hill, confirmation hearings for the president elects cabinet picks are ready to get underway. First up, once again the dow will take a shot at hitting 20k. Theres a call out of goldman not helping a pair of blue chips the Firm Downgrades coke and p g to sell saying it sees headwinds from a stronger dollar as well as sluggish and market demand. Not often you get two sells on two dow components from one firm in one day. These are companies these are Great American companies. Its obvious that this is a call setting self up for much Stronger Economic growth. Now, it is the wrong time for the call because Interest Rates are down big today. So thats going to put pressure on the banks. So if were trying to get to dow 20,000, you may see on the tape in the bottom a lot of good thi
In open to amendment at any point. At this point, i offer the enemy , theed in substitute nature of the substitute will be considered as read in open to the open to it than that at any point. Chief now turn it to the of staff on the committee of taxation to provide a description of the amendment. I ask members to hold his questions until after his presentation. Hisisturb are told . Presentation. Mister bartold . Jcs x 10 and 11 in front of you underlying the nature of the substitute. This document describes to provisions. Two it is an allocated fee for 2017. It is 4 billion. In 2018, 4. 1 billion. It is allocated among manufacturers aced total market sales. The proposal before you would eliminate this fee for calendar years after 2017, effective in 2018. My colleagues have estimated this proposal will lose 24. 8 billion over the budget period. The other provision that is part of this it is budget reconciliation recommendation relates to the annual fee on Health Insurance providers. It
Efforts in the pharmaceuticals to try to get away from that perception. They have used backlog to capitalize on a system that allows them to pillars of market. Times when there were no backlog and there were still no generic competition to them, other reasons that for a very small segment, the 88 pet for small segments there is no generic competition. She we at the end of the 1st program will have eliminated the backlog and be in a steadystate type of activity, stillactivity, still the problems with drugs that dont have generic competition. Bio similars. Do you think they can play a part in a patients access to the drugs they need . Absolutely and is what they are intended to do. We have vigorously enacting the program. We have had a vigorous response. Aa patient and healthcare professional confidence and bio similars is essential for savings to occur . I believe it is the number one issue. We completed studies of seizure drugs because all these years later in the drug the urologist is