Little Elan Becomes a Big Deal
October 1st 2001"My father had some great sayings, and one of them was: 'Never do a deal that's not a good deal for the other guy.'" So remembers Donal Geaney, chairman and CEO of Ireland-based Elan. Geaney's new American colleague Daniel Welch, president of Elan Pharmaceuticals, smiles in agreement from the other side of the table.
COX-2 inhibitors to propel pain market
October 1st 2001The worldwide market for pain management therapeutics is expected to grow from $22 billion in 2000 to $30 billion in 2007, according to "Pain Management: A Strategic Market Analysis," a new report from Foster City, CA-based Front Line Strategic Management Consulting Inc.
Consumers: Put my pharmacy near the doctor's office
October 1st 2001Where should the drug store of the future be located? Adjacent to doctors' offices, according to 56% of respondents in the second AmeriSource Index, a nationwide, quarterly survey released today by AmeriSource Health Corporation, Valley Forge, PA. Shopping malls were a distant second, with 19% of respondents selecting this choice. Trailing behind were the Internet (5%), office buildings (3%), health clubs and gyms (2%), and restaurants (1%).
Study profiles women's use of healthcare
October 1st 2001A new report from the Centers for Disease Control and Prevention examines women's use of ambulatory medical care in 1997 and 1998, and finds that their care differs from men in many significant ways. Even excluding pregnancy-related visits, women were 33% more likely than men to visit a doctor, although this difference decreased with age. The rate of doctor visits for such reasons as annual examinations and preventive services was 100% higher for women than for men, and medication patterns differed significantly. Women were not only more likely to receive hormones, but also dramatically more likely to have an antidepressant prescribed.
PhRMA sues over Florida Medicaid law
October 1st 2001The Washington-based Pharmaceutical Research and Manufacturers of America has filed a lawsuit in federal court challenging a new Florida law that seeks to offset a $214 million reduction in the state's Medicaid prescription drug budget by creating a new state Medicaid formulary.
Cincinnati reps pay for detail visits
October 1st 2001Cincinnati-based Queen City Physicians is charging pharmaceutical representatives $65 for 10 minutes of time with doctors. The group, which is composed of roughly 50 physicians in specialties ranging from internal medicine to pediatrics, is hoping the fees will help pay for a new computerized medical records system and also streamline the detailing process for reps and doctors.
Making the most of your work contacts
October 1st 2001Ah … the infamous work contact! As a pharmaceutical representative, and then as a district sales manager in the late '80s, I became intimately familiar with the practice of riding with your manager from both the passenger's and the driver's sides of the car.
Counseling by health professionals boosts patients' physical fitness
October 1st 2001Just three hours of advice and counseling by doctors and other healthcare professionals over two years can boost sedentary adults' physical fitness, according to a new study sponsored by the National Heart, Lung, and Blood Institute, part of the National Institutes of Health.
Employers support right to sue
October 1st 2001A national survey of employers, released jointly by the Menlo Park, CA-based Kaiser Family Foundation and the Washington-based Health Research and Educational Trust, found that smaller employers (three to 199 employees) are significantly more likely than larger employers (200 or more employees) to support a person's right to sue a health plan, and are somewhat more likely to support the right to appeal a health plan's decision to an independent reviewer. Two-thirds (67%) of smaller employers express support for the right to sue a health plan, compared with 28% of larger employers. Eighty-six percent of smaller employers and 74% of larger employers support independent review. However, the survey found that support for both the right to sue and independent review decreases if employers are told that the cost of health insurance might increase as a result.
Profits and Promotion Under Attack
September 1st 2001As policy makers struggle to devise a pharmacy benefit for Medicare patients, pressure mounts to impose spending limits on medications. In turn, consumer activists are challenging industry’s longtime claim that price controls will reduce investment in R&D for life-saving therapies.
Flexing Their Budgets: Big Pharma Spend Trends
September 1st 2001If only two words could be used to describe Big Pharma's promotional spend trends during the past 12 months, they would be "it depends." Budgets are simply tools and the industry uses them as such: to determine just the right spend, on a certain type of product, during a particular phase of its life cycle.
Media Mix Town Meeting 2001: Much Ado About Media
September 1st 2001The unprecedented proliferation of new digital and traditional media vehicles is surpassed only by the continued growth of pharma marketing budgets and promotional spending. The combination of the two has generated an industry stir-among product managers, their agency partners, and publishers-about what constitutes the optimal media mix for today's pharma brands.
Rx patterns complicated by regional variation
September 1st 2001California and New York may be the nation's most populous states, but they and other big states, like Florida, New Jersey, Minnesota and Massachusetts, placed at or near the bottom in per capita prescription drug use, according to St. Louis-based pharmacy benefit manager Express Scripts. The company measured per capita prescription drug use, across the nation, using a random sample of commercially insured members (age 18 to 64) of its pharmacy benefit plans.