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Stock impact report

Column: A new study calculates the incredible cost of ivermectin stupidity [Los Angeles Times (CA)]

Houghton Mifflin Harcourt Company (HMHC) 
Last houghton mifflin harcourt company earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.hmhco.com
First, it doesn't work on COVID . Second, despite that fact, prescriptions for the drug have rocketed higher — from 3,600 a week pre-pandemic to 88,000 in one sample week in mid-August, according to the Centers for Disease Control and Prevention. Third, the publicizing of ivermectin by anti-vaccine and anti-government activists duped naïve people to take a veterinary preparation of the drug, producing a spike in calls to poison control centers. This is not the type of high-dollar item that an insurer is normally going to pay attention to. But the cost of inexpensive drugs, when dispensed frequently, can cumulatively add up. Kao-Ping Chua, University of Michigan Advertisement Now, thanks to researchers at the University of Michigan and Boston University, we also know the financial toll of the ivermectin craze. In a research letter published Thursday by the Journal of the American Medical Assn., they estimated that Medicare and private insurers wasted an estimated $130 millio Show less Read more
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