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Exclusive: Canadian regulator considers changes to new drug pricing plan
February 20, 2020 1:46 PM ESTBy Allison Martell
TORONTO (Reuters) - Canada's drug pricing agency is contemplating significant changes to how it will apply new regulations aimed at lowering costs, Reuters has learned, as drugmakers unhappy with the policy delay introducing new medicines in the country and blame it for job cuts.
Canada in August passed the new regulations for medicines under patent protection despite heavy lobbying from drugmakers that stand to lose billions in revenue.
The new rules base Canadian drug prices on those from a group of countries with lower prices than the benchmark group currently used to set... More
Exclusive: Unilever, 3M on list of firms eligible for China loans to ease coronavirus crisis - sources
February 19, 2020 2:48 AM ESTBy Engen Tham, Cheng Leng and Zhang Yan
SHANGHAI/BEIJING (Reuters) - Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co (NYSE: MMM), as eligible for millions of dollars in subsidized loans to ease any blow from the coronavirus outbreak, according to bankers and documents seen by Reuters.
In an economically bruising three weeks, China has cordoned off cities and suspended transport links in an effort to slow the spread of the virus.
Some lenders in the city have... More
