Benefits justify cost of newer Rx drugs
November 1st 2001According to a study conducted by Columbia University economist Frank R. Lichtenberg, pharmaceutical innovation is paying off for American consumers by improving the quality of their lives, and for payers by lowering total healthcare expenditures.
Medical journals set new rules
November 1st 2001Thirteen editors of some of the world's most influential medical journals have announced that they will be developing new standards to address possible conflicts of interest between journal authors and third-party groups like drug companies and medical device manufacturers.
Chaotic Content: Streamlined Solutions
October 1st 2001t's 4 pm on Friday. The board of directors has just made an important decision and wants to announce it over the weekend. The challenge? Publish an English-language version on the company's global Web portals immediately. The problem? It's the weekend and offices around the world are about to close. In the past, that meant hunkering down for a weekend of e-mails to coordinate the effort, but now there is a better solution. After writing the document in Microsoft Word, the sender simply clicks on a special menu item, "Publish to Portals," and off it goes. Confirming dialogue boxes allow
A Five-Year Forecast: Clear Seas Ahead?
October 1st 2001During the next few years of economic and political turbulence, the pharmaceutical industry should cut through the waves like a sturdy ship, creating very little disturbance to its occupants. Some rough water- a prescription drug benefit and generic competition for blockbuster products-is expected, but the industry's ability to expand its markets in a steadily aging population will drive continued growth.
Also Known As...The Value of Generic Names
October 1st 2001In the world of pharmaceutical names, the trademark has always been the star, and every other word has played a supporting role. But recent developments at FDA-and the industry's response to those developments-have set the stage for a new approach to nomenclature.
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.