Controversial Alzheimer’s drug accounts for half of Medicare B premium hike

The new Part B premium will be $170.10 a month for 2022, officials said.

About half of the increased premium is due to Medicare planning for an onslaught of use of the new $56,000-a-year medication Aduhelm

The agency is probing whether officials in the agency met with representatives of Biogen, which makes Aduhelm, before the approval. The drug generated $1.6 million revenue for the Swiss drug maker in June alone, but is projected to bring in billions as more doctors prescribe the drug.

https://nypost.com/2021/11/13/alzheimers-drug-accounts-for-half-of-medicare-b-premium-hike/

https://www.biogen.com/en_us/board-of-directors.html

Covid PPE Fraud / Money Laundering?

Senate security personnel on Sunday arrested Pharmally Pharmaceutical Corporation executives Mohit and Twinkle Dargani

The Senate panel is investigating the Department of Budget and Management-Procurement Service for the procurement of allegedly overpriced personal protective equipment and testing kits

November 15, 2021

https://www.untvweb.com/news/dargani-siblings-arrested-by-senate-security-in-davao-city/

tax expert raised questions on the financial records of Pharmally Pharmaceutical Corporation, the firm implicated in the alleged anomalous purchases of medical supplies for the government's COVID-19 pandemic response.

Pharmally's capital in 2019 was only ₱625,000, but its assets dramatically grew to over ₱7.2 billion in 2020.

Pharmally registered as a wholesaler of medicinal and pharmaceutical products on Sept. 4, 2019

Senator Richard Gordon, chairperson of the Blue Ribbon Committee, said Pharmally may be involved in money laundering with the questionable expansion of assets without properly declaring the source of their funding.

https://www.cnnphilippines.com/news/2021/9/10/tax-expert-Pharmally-assets.html

Pharmally Pharmaceutical Corporation Chairman and President Huang Tzu Yen

He also said he is not aware of the whereabouts of his father Huang Wen Lieh, chairman of Pharmally International Holding Company Limited, who is also wanted in what is considered as one of the largest securities fraud cases involving a listed firm in Taiwan.

https://www.cnnphilippines.com/news/2021/9/7/Pharmally-Pharmaceuticals-COVID-supplies-Senate-investigation.html