Sen. Collins: I Hope Valeant Lowers Its Prices

Sen. Collins: I Hope Valeant Lowers Its Prices

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the potential changes in a company's pricing strategy following an investigation into drug price gouging. It highlights a controversial $67.4 million pay package and the company's response. The discussion also covers the broader pharmaceutical industry investigation and proposed legislative changes to prevent predatory pricing, including fast-tracking generic drug applications to enhance market competition.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the expressions of regret mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the FDA play in the context of the proposed bill mentioned by the speaker?

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