Trade Pact Weakens Patent Protections
December 1st 2001Washington, DC-Pharma companies suffered a significant setback last month when developing countries at the World Trade Organization meeting pushed through a declaration allowing nations to override patent laws to cope with health crises. Although industry officials insisted that the agreement would have little impact on profits, the language sets the stage for more competition from cheap generic products in much of the world.
Genetic Test Results Off Limits-For Now
December 1st 2001London, UK-Insurance companies will be unable to use genetic test results to approve or deny claims for at least the next five years, following a new agreement between the British government and the Association of British Insurers. The move ensures that people can still get insurance coverage whether or not they have had a test.
FDA Revs Up Counter-Terrorism Activities
December 1st 2001Washington, DC-To improve FDA's ability to respond to terrorist attacks, acting commissioner Bernard Schwetz tapped Janet Woodcock, director of the Center for Drug Evaluation and Research (CDER), to establish a formal crisis management program for the agency. Woodcock moved to the commissioner's office in November to develop a program to better track and coordinate FDA responses to terrorism.
Micromarketing An Individual Approach
December 1st 2001The computing power of today's PC enables marketers to conduct analyses that were unthinkable just a few years ago, creating exciting new ways to approach and track promotion response. This article describes a novel approach that models promotion response at the individual physician level.
Americans more positive about healthcare
December 1st 2001Americans appear to be increasingly satisfied with the healthcare they are receiving, the costs they are paying for healthcare, and their managed care plans, according to the 2001 Health Confidence Survey released by the Washington-based Employee Benefit Research Institute. However, as past HCS results have shown, many Americans continue to be pessimistic about the future of the nation's healthcare system, about their future ability to choose the doctors they want and about their ability to afford prescription drugs.
BMS, P&G tops for working mothers
December 1st 2001New York-based Bristol-Myers Squibb Co. and Cincinnati-based Procter & Gamble Co. made the top ten in Working Mother magazine's 16th annual list of the "100 Best Companies for Working Mothers," a compilation of corporations that best recognize the value and needs of working families.
Depression market poised to decline
December 1st 2001Despite the fact that the U.S. antidepressant market grew at a 20% annual rate between 1995 and 2000, the loss of patent exclusivity of selective serotonin reuptake inhibitors - beginning with Indianapolis-based Eli Lilly and Co.'s Prozac® (fluoxetine) last August - will likely cause the market for SSRIs and similar drugs to decline for the first time in over a decade, according to Decision Resources Inc., Waltham, MA. Also, novel therapies now under development for depression face greater challenges than previous treatments did.
HHS, Bayer agree to Cipro purchase
December 1st 2001In response to recent anthrax attacks on the media and the U.S. Senate, U.S. Health and Human Services and West Haven, CT-based Bayer Corp. have reached an agreement for a significant new federal purchase of the antibiotic Cipro™ (ciprofloxacin) at a substantially lowered price. The antibiotic is expected to be available by the end of 2001 and would be used to supplement existing emergency stockpiles for use in the event of a bioterrorist attack.
Rx marketing 'e-events' increasing
December 1st 2001The Internet has become a new meeting place for drug companies and doctors, according to the Physician Meeting and Event Audit from Newtown, PA-based Scott-Levin. From February through April 2001, Scott-Levin surveyed its PMEA panel every month to determine the extent of "e-event" activity. More than 3,100 physicians participated in the study; 39% indicated that they had been invited to at least one pharmaceutical company-sponsored event conducted via the Internet.
PhRMA finds 785 drugs in development for older Americans
December 1st 2001New medicines in the pipeline for Alzheimer's disease, osteoporosis, arthritis and Parkinson's disease are among the many promising treatments in development for diseases of aging, according to a new survey released by the Washington-based Pharmaceutical Research and Manufacturers of America.
U.S. trails behind in use of electronic records, prescribing
December 1st 2001Relatively small numbers of American physicians are using electronic records or prescribing, and the United States lags behind other English-speaking countries in this regard, according to a survey of physicians conducted by Rochester, NY-based Harris Interactive for the Harvard School of Public Health and the Commonwealth Fund's International Health Care Symposium in 2000. The survey found that the use of electronic systems is much more advanced in Britain, New Zealand and Australia than in the United States. The numbers for Canadian usage were low, however, similar to those in the United States.
Employees to share more healthcare costs
December 1st 2001Faced with double-digit healthcare benefit cost increases in 2002, 56% of employers say they will raise employee contributions by as much as or more than their expected cost increases. In addition, more than 70% of employers are considering benefit reductions or an increase in employee co-pays over the next 12 months, according to a survey released by Washington-based consulting firm Watson Wyatt Worldwide.
U.S. life expectancy increased in 2000
December 1st 2001Life expectancy for the U.S. population reached a record high of 76.9 years in 2000 as mortality declined for several leading causes of death, according to preliminary figures from a report released by the Centers for Disease Control and Prevention.