Good morning, everyone, and how are you today? The Pharmalot corporate campus is buzzing as the short people are hustling off to their daily adventures. As for us, we have a busy day filled with interesting documents and conversations. Meanwhile, yes, we are brewing another cup of stimulation - we are back to Southern Pecan this morning - and invite you to join us. And to get you started, here are some interesting doings from around the world. Have a good one and stay in touch...
J&J Cuts Maximum Tylenol Doses To Prevent Overdose (Associated Press)
Pfizer Readies $10.5B Sales Of Nutrition Biz (Bloomberg News)
Sanofi CEO Says He Kept The Genzyme Execs He Wanted (Bloomberg News)
Teva & Baxter May Benefit From Generic Labeling Case (Wall Street Journal)
Government Funding Is Reaffirmed For Stem Cell Research (Los Angeles Times)
Teva Revenue Forecast Leaves Analysts Puzzled (Bloomberg News)
NICE OKs Celgene's Thalidomide For Multiple Melanoma (Pharma Times)
Hospital Spending Down After Medicare Drug Coverage (Reuters)
Lilly Launches Physician Payment Registry (Drug Store News)






4 Comments
Interesting counterpoint between Ed's Brilinta article and the Medicare Part D article describing a $304/quarter decrease in non-drug expenses for beneficiaries obtaining Rx drug reimbursement for the first time.
The $304 value is pretty striking because it is only a partial measure of pharmaceutical's impact on hospitalization. Most of these patient presumably took at least some of their prescriptions prior to obtaining drug coverage, especially those whose prescriptions were for generic drugs.
Of course the $10,000 question is how much drug spending was needed to obtain this $304 per quarter savings in non-drug spending. I don't have a subscription to JAMA to see the full article, does someone else have access?
Hi John,
Here is the abstract...
http://jama.ama-assn.org/content/306/4/402.short
The study says this..
"...adjusted total nondrug medical spending before implementation of Part D was consistently but not significantly higher for participants with limited drug coverage than for participants with generous drug coverage... Non-drug spending after Part D implementation for participants with limited prior drug coverage was expected to remain 7.6% higher and reflect changes in spending level and trend that occurred for participants with generous prior drug coverage after January 1, 2006. In contrast to this expected spending trend, nondrug medical spending after Part D implementation was observed to be 3.9% lower for participants with limited prior drug coverage than for those with generous prior drug coverage, constituting a significant differential reduction."
Hope this helps, ed
Ed:
You (and I) forgot what day this is - "World Hepatitus Day" - celebrated today, for the first time, on the birthday of Professor Baruch Blumberg who won the Nobel Prize for discovering the hepatitis B surface antigen.
http://www.worldhepatitisalliance.org/WorldHepatitisDay.aspx
Don't forget the Nobel Prize awarded to a member of my industry, Dr. George Hitchings of Wellcome Research laboratories, for his pioneering work along with Dr. Gertrude Elion in discovery of antiviral drug treatments.