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December 6, 2022

Unsubstantiated Price Hikes Upped US Drug Spending $805 Million in 2021

Price increases among seven out of 10 drugs in 2021 are behind an $805 million increase in U.S. spending from the year before and were not supported by clinical evidence, an influential U.S. pricing research firm said on Tuesday. The Institute for Clinical and Economic Review (ICER) said the spending increase in 2021 was less than the $1.67 billion rise in the previous year. This is the third year the group has looked at the top 250 drugs by spending and assessed if those driving U.S. spending increases were justified. “Last year, a huge part of the (increase in) spending

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Pandemic Treaty Plans Being Worked On at WHO

Negotiators are meeting in Geneva this week to thrash out a pandemic treaty aimed at ensuring the flaws that turned COVID-19 into a global crisis could never happen again. As the third anniversary of the emergence of the virus rolls around, negotiators are raking over an early concept draft of what might eventually make it into an international agreement about how to handle future pandemics. “The lessons of the pandemic must not go unlearned,” WHO chief Tedros Adhanom Ghebreyesus told the negotiating panel at the start of three days of talks, which conclude Wednesday. An intergovernmental negotiating body is paving

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THE MINISTRY FOR THE NATIONAL HERITAGE, THE ARTS AND LOCAL GOVERNMENT Festivals Malta celebrates its 5th anniversary and unveils its Cultural Calendar for 2023

​ Minister for the National Heritage, the Arts and Local Government Owen Bonnici attended for the celebration of the 5th anniversary since the establishing of Festivals Malta, and launched the agency’s Cultural Calendar for 2023.   Minister Bonnici underlined the success of Festivals Malta which is responsible for 11 festivals and 5 national events and organises over 260 events throughout the year. “Throughout the years, Festivals Malta earned the respect of thousands of local and international artists and has become a household name for high-calibre festivals and events in Malta. We will continue to invest in our culture; we will also

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THE MINISTRY FOR THE ENVIRONMENT, ENERGY AND ENTERPRISE AND THE PARLIAMENTARY SECRETARIAT FOR YOUTH, RESEARCH AND INNOVATION MicroInvest scheme extended for enterprises investing in systems to support clients with disability

The MicroInvest scheme, operated by Malta Enterprise, is being extended to enterprises investing in systems to support clients with disabilities. The modifications to the scheme were announced by Enterprise Minister Miriam Dalli and Parliamentary Secretary Keith Azzopardi Tanti during a visit to the Foundation for IT Accessibility (FITA).​​ Minister Dalli and Parliamentary Secretary Azzopardi Tanti explained how the financial support will help applicable enterprises modify existing computer systems and websites, allowing increased accessibility for people with different abilities, in the presence of Malta Enterprise CEO Kurt Farrugia and FITA CEO Carlo Stivala. The MicroInvest scheme encourages enterprises to invest in

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THE MINISTRY FOR NATIONAL HERITAGE, THE ARTS AND LOCAL GOVERNMENT AND THE PARLIAMENTARY SECRETARIAT FOR EUROPEAN FUNDS Open Day at the Grand Master’s Palace: an opportunity to visit halls never before accessible to the public

On Sunday, December 11th, Heritage Malta will be giving the public a unique opportunity to enter the Grand Master’s Palace in Valletta and visit halls that have never been accessible to the public before.   The Palace has been closed for several months for the implementation of an extensive restoration project. The ongoing project will cost approximately €30 million, of which €10 million is co-financed by the European Union as part of the European Regional Development Fund.   Phases of this project are expected to be finished and opened to the public in the first half of next year, while

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