October 16, 2018 / 11:32 AM / a month ago

CORRECTED-J&J applauds U.S. proposal on drug prices in TV ads

(Corrects to “applauds” from “agrees” in headline, paragraph 1)

Oct 16 (Reuters) - Johnson & Johnson applauded a U.S. government proposal requiring drugmakers to include price of medicines in television ads, Chief Financial Officer Joseph Wolk said in a CNBC interview on Tuesday.

The company’s comment comes a day after U.S. government had sought such a move as part of its effort to increase pressure on drugmakers to lower costs.

Reporting by Ankur Banerjee in Bengaluru; Editing by Arun Koyyur

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below