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11/15/2017 / By Ethan Huff

Trump nominates Big Pharma executive to run HHS, proving government has been hopelessly corrupted by the drug industry

There’s a new chief in town, Alex Azar, who, should he receive confirmation from Congress, will soon take over as head of the United States Department of Health and Human Services (HHS). But not everyone is happy with this decision because Azar is the former president of Lilly USA, the American arm of drug giant […]

12/28/2016 / By Ethan Huff

Big pharma: Eli Lilly stock erases 6 years of dividends after failed drug trial

What investors had hoped would build into yet another 2.68 percent dividend yield for pharmaceutical behemoth Eli Lilly has turned into a massive financial letdown after trials of solanezumab, a supposedly promising experimental drug for Alzheimer’s disease and other forms of dementia, showed less than favorable efficacy in the latest clinical trials. Reports indicate that […]

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