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The ‘Trumpcare’ trap

  What we learned from the latest ‘score’ by the Congressional Budget Office (CBO) of Obamacare and the Trump administration’s ‘repeal and replace’ plan is what we should have known all along. To wit: If people have health insurance, they will use more health services — visits to doctors’ offices, more tests, procedures and drugs — and health spending will ...

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Is Indian pharma finally out of intensive care?

  India’s generic drug-making industry is getting wheeled out of intensive care. But is it really going home? The US Food and Drug Administration this week lifted the import ban on a factory that Mumbai-based Sun Pharmaceutical Industries Ltd. inherited as part of its takeover of Ranbaxy Laboratories Ltd. The plant, in Punjab state, became the third owned by Ranbaxy ...

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Modi’s chance to reshape India’s economy

  After his party’s triumph in the state of Uttar Pradesh, India’s largest and most politically important, Prime Minister Narendra Modi now wields greater power than any Indian leader in a generation. He will need it if he wants to continue to reshape India’s economy. True, the results don’t drastically alter the math in the upper house of Parliament in ...

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