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FDA rejects experimental painkiller Acurox

In a new development King Pharmaceuticals Inc. and Acura Pharmaceuticals Inc. have failed to win the approval of a US panel for marketing an experimental painkiller called Acurox.

23 Apr 2010

Amylin, Eli Lilly and Alkermes reply to FDA complete response letter for BYDUREON NDA

Amylin Pharmaceuticals, Inc., Eli Lilly and Company and Alkermes, Inc. today announced that the companies have submitted their reply to a complete response letter issued last month by the U.S. Food and Drug Administration (FDA) after review of the New Drug Application (NDA) submission for BYDUREON™ (exenatide for extended-release injectable suspension).

23 Apr 2010

Baxter International's global sales for first-quarter advances by 11% to $3.1 billion

Baxter International Inc. today reported first quarter net income of $525 million, an increase of 2 percent from $516 million reported in the first quarter of 2009. Earnings per diluted share of $0.86 increased 4 percent from $0.83 per diluted share reported in the prior-year period. Baxter's first quarter financial results included a one-time, non-cash special charge of $39 million (or $0.07 per diluted share) related to a change in the tax treatment of post-retirement prescription drug benefits under recent U.S. healthcare reform legislation.

From Baxter International Inc. 22 Apr 2010

CancerDrugsDirect.com provides customers access to affordable cancer medications

When someone is diagnosed with cancer, the effects can be devastating both physically as well as financially. Recent studies have shown that many cancer patients are foregoing care because of the skyrocketing cost of cancer treatments.

22 Apr 2010

Need for better understanding potential dangers of prescription painkillers

In response to a study published in the April issue of the American Journal of Preventive Medicine called "Hospitalizations for Poisoning by Prescription Opioids, Sedatives, and Tranquilizers," the Waismann Method of Opiate Detoxification is urging Americans to take measures to better understand and recognize the potential dangers and addictive nature of prescription painkillers.

22 Apr 2010

Patient Protection and Affordability Act requirement goes into affect in September 2010: BCBSM

A diploma won't be the only thing carried away from high school and college commencement ceremonies in Michigan this spring. Young adults also will be carrying their parents' Blue Cross health insurance card.

22 Apr 2010

Colorado Governor moves forward with implementing reforms; Nevada community health centers feel financial pinch

In Colorado, "Gov. Bill Ritter signed four bills he promised will rein in skyrocketing health care costs on Tuesday and appointed a director who will oversee 10 state agencies to implement the Obama administration's new health care plan.

22 Apr 2010

Medical use of marijuana on its way to reality in Washington D.C.

After debate the Washington, D.C., city council has voted unanimously for use of marijuana for medical purposes in patients with “chronic and lasting disease” like HIV, glaucoma, cancer, severe pain, multiple sclerosis etc.

22 Apr 2010

Radical prescription drug reform in New Zealand

Getting access to the latest medication may become a costly affair for New Zealanders. Talks on getting a Trans Pacific Strategic Economic Partnership between the US and New Zealand are taking place. The Researched Medicines Industry Association expects reforms from Pharmac the government’s drug buying agency if the deal is to go through. Some international drug companies have been angered by the control on drugs spending by Pharmac.

22 Apr 2010

Mail-order drug provider identifies $163B in potential prescription drug savings

A study by Express Scripts, a mail-order prescription drug provider, said Tuesday that an "estimated $163 billion in health care spending could be saved each year if patients took their medicines as prescribed, chose generic drugs and other low-cost alternatives, and had their prescriptions delivered by mail," the St. Louis Post-Dispatch reports. Express Scripts released its report at a two-day conference for clients in St. Louis.

22 Apr 2010

SpectraCell Laboratories introduces apolipoprotein E genotyping

Effective immediately, SpectraCell Laboratories now offers apolipoprotein E genotyping. This test determines a person's genetic risk for heart disease associated with the commonly studied gene called apoE, which is involved in the metabolism of cholesterol and triglycerides (fats in the blood).

22 Apr 2010

State's Medicaid funds tapped for federal health overhaul

Kaiser Health News staff writer Christopher Weaver writes: "The new health care law could shift billions of dollars from cash-strapped states to the federal government by changing the way Medicaid prescription drug rebates are treated, according to state and industry officials and an examination of Medicaid spending data" (Weaver, 4/20).

22 Apr 2010

Abbott's first-quarter worldwide pharmaceutical sales increases by 12.9%

Abbott today announced financial results for the first quarter ended March 31, 2010.

21 Apr 2010

Drugmakers raised prices last year in anticipation of new health law, Eli Lilly reports financial hit

"Drug companies sharply raised prices last year, ahead of increased rebates they must pay to Medicaid and other expenses tied to the federal health overhaul passed last month. Prices for brand-name pharmaceuticals rose 9.1% last year, the biggest increase in at least a decade, according to pharmacy-benefit manager Express Scripts Inc."

21 Apr 2010

CVS Caremark survey results of specialty pharmacy patients

CVS Caremark today announced results of a survey of the company's specialty pharmacy patients that provides insights into their views on medication adherence and their perceptions about the role of their specialty pharmacy. The survey results show nearly 70 percent of respondents believe their specialty pharmacy team played an important role in encouraging them to take their specialty medications as prescribed.

21 Apr 2010

State Round Up: Colorado's medical marijuana dispensaries; Insurance discounts for wellness; Florida's pain clinic oversight legislation

Hundreds of new medical marijuana dispensaries have cropped up in Denver, Boulder and other Colorado cities, causing the state to stop accepting walk-up applications from people seeking cards that allow them to buy the plant, CNBC/USA Today reports. Would-be medical-marijuana consumers will now have to mail in their applications. "The changes are necessary due to the explosive growth in the number of medical marijuana applications," said a state health official.

21 Apr 2010

Pharmacies launch Dispose My Meds campaign to help consumers safely dispose unused medications

Nearly 800 community pharmacies in 40 states are making it easier than ever for consumers to safely dispose of unused patient medications at their local pharmacy, the National Community Pharmacists Association and Sharps Compliance, Inc. announced today.

20 Apr 2010

UnitedHealth Group's consolidated first-quarter 2010 revenues increase 5% to $23.2 billion

UnitedHealth Group today reported first quarter results, including better-than-projected membership and services growth and effective cost management across its businesses. Financial metrics were in line with or better than Company expectations.

20 Apr 2010

Health law hits consumers, companies in complex ways

News outlets report on the new health law's impact on various segments of the population, including the self-employed, small business owners and seniors.

20 Apr 2010

Lawmaker cancels hearing on big corporations' tax deductions related to health reform

House Energy and Commerce Committee Chairman Henry Waxman, D-Calif., canceled a hearing set for next week that would have probed recent announcements by large firms that they are taking millions of dollars in health law-related write-downs, Kaiser Health News reports.

16 Apr 2010

Prescription Drug News and Research

FDA rejects experimental painkiller Acurox

Amylin, Eli Lilly and Alkermes reply to FDA complete response letter for BYDUREON NDA

Baxter International's global sales for first-quarter advances by 11% to $3.1 billion

CancerDrugsDirect.com provides customers access to affordable cancer medications

Need for better understanding potential dangers of prescription painkillers

Patient Protection and Affordability Act requirement goes into affect in September 2010: BCBSM

Colorado Governor moves forward with implementing reforms; Nevada community health centers feel financial pinch

Medical use of marijuana on its way to reality in Washington D.C.

Radical prescription drug reform in New Zealand

Mail-order drug provider identifies $163B in potential prescription drug savings

SpectraCell Laboratories introduces apolipoprotein E genotyping

State's Medicaid funds tapped for federal health overhaul

Abbott's first-quarter worldwide pharmaceutical sales increases by 12.9%

Drugmakers raised prices last year in anticipation of new health law, Eli Lilly reports financial hit

CVS Caremark survey results of specialty pharmacy patients

State Round Up: Colorado's medical marijuana dispensaries; Insurance discounts for wellness; Florida's pain clinic oversight legislation

Pharmacies launch Dispose My Meds campaign to help consumers safely dispose unused medications

UnitedHealth Group's consolidated first-quarter 2010 revenues increase 5% to $23.2 billion

Health law hits consumers, companies in complex ways

Lawmaker cancels hearing on big corporations' tax deductions related to health reform

Leveraging the power of automation to boost research

Automating research - solutions and best practices

How can microdialysis benefit drug development

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