Trust Digest 159 (October 6, 2016)

Drugmakers Point Finger at Middlemen for Rising Drug Prices
Pharmacy-benefit managers and the rebates they command come in for criticism by pharmaceutical executives.  
Key Words: US, drug prices  
Trust Issues: Adjustment, Capability, Integrity  


Democratic and Republican doctors treat patients differently  
According to a new study, party affiliation affects how doctors approach medical issues ranging from abortion to mental health.
Key Words: Political parties, doctors, treatment  
Trust Issues: Communications, Adjustment 


Novo Nordisk Bets on Riskier Insulin research 
The move would bring the Danish pharmaceutical company closer to the risky drug-discovery activities of the wider pharmaceutical industry. 
Key Words: Pharmaceutical industry, risky drug-discovery  
Trust Issues: Benevolent Concern, Capability, Risk Tolerance 


GlaxoSmithKline to Pay $20 Million to Settle SEC Bribery Probe  
GlaxoSmithKline PLC agreed to pay $20 million to settle charges that the drugmaker’s Chinese subsidiaries engaged in bribery schemes to increase sales in the Asian country, the Securities and Exchange Commission said Friday.  
Key Words: SEC, GlaxoSmithKline, bribery  
Trust Issues: Risk Tolerance, Benevolent Concern 


Mylan’s EpiPen Pretax Profits 60% Higher Than Number Told to Congress  
Mylan NV on Monday clarified the profit it said it made from its lifesaving EpiPen drug, days after House members badgered the company’s CEO to justify the device’s steep price increases.  
Key Words: Mylan, EpiPen, profits  
Trust Issues: Honesty, Transparency  


Morgan Stanley charged with running unethical sales contests: regulator  
Morgan Stanley was charged with “dishonest and unethical conduct” by Massachusetts’s top securities regulator on Monday for having pushed its brokers to sell loans to their clients. 
Key Words: Morgan Stanley, securities regulator  
Trust Issues: Honesty, Integrity  


Google has until October 31 to reply to EU’s Android antitrust charges    
Alphabet’s Google has been given until the end of October, the fourth extension, to rebut EU antitrust charges that is uses its dominant Android mobile operating system to block competitors, the European Commission said on Monday.
Key Words: Google, EU, antitrust 
Trust Issues: Integrity, Conflict of Interests    


US suspends contacts with Russia on Syria  
In a sharp deterioration of relations, the U.S. on Monday suspended diplomatic contacts with Russia over Syria, while Moscow halted cooperation on a joint program for disposal of weapons-grade plutonium. 
Key Words: US, Russia, Syria 
Trust Issues: Conflict of Interest, Risk Tolerance, Security 


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