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1)
Minnesota pharmacists to evaluate drugs for welfare patients.
Right now only a proposal that would
pay pharmacists to evaluate Medicaid patient’s drug therapy.
Sounds like a great idea but is something that they should
ALREADY be doing when they dispense the medicines. This is
almost impossible at retail when patients go to many different
pharmacies. Only the PBM that adjudicates the claims would have
the full picture of the medication profile (still don’t have
most OTC products captured). Proposal spells out what the
pharmacist is monitoring but depends upon the pharmacist to
convince the physician to change therapy. Pilot study showed a
2:1 ROI for this imperfect “system”. Imaging what would happen
if they did it right!!!
http://www.startribune.com/stories/1556/5268087.html
2)
Vermont Vexes Vendors
New Vermont law in effect 3/1/2005 requires pharma reps to
disclose their AWP and the AWP of the other drugs in the
class….including generics. This should be interesting for
classes like ACE Inhibitors where there are a few brand name
products left but a huge number of generics. I don’t see this as
having a positive impact on the citizens of Vermont. One reason
that this is useless is that the AWP does not reflect what the
pharmacist ACTUALLY has to pay to acquire the drug. (What is in
the water at the Vermont State house?)
http://www.kslaw.com/library/clientalert/ca011305.pdf
3) Marshal Dillon!…
Marshal Dillon!…
“What
is it now Chester?!” US Marshals seize the manufacture’s supply
of Paxil CR and Avandamet due to alleged quality problems. This
is only a Class II recall and does not rise to the level of a
safety emergency. Allows the FDA to looks tough on safety
issues…A few years ago the FDA did something similar to Schering
to get their attention. Let’s hope this is just an attention
getting mechanism. While this will be sensationalized there are
few public health concerns from this “artificial” shortage.
Paxil CR patients could take regular Paxil or the generic.
Avandamet patients can get each component of the combination
product and keep there diabetes under control (for 2 copays).
http://www.fda.gov/bbs/topics/news/2005/NEW01162.html
http://today.reuters.com/news/newsArticle.aspx?type=healthNews&storyID=2005-03-04T210901Z_01_N04450501_RTRIDST_0_HEALTH-HEALTH-GLAXOSMITHKLINE-FDA-DC.XML
4)
I’ll just take my ball and go home.
That is what Pharmaceutical innovators are saying with their
feet. What is happening is that foreign (read NOT USA) are not
honoring the US patents on AIDS drugs under the guise of
“humanitarian” issues. It makes no sense to invest a billion
dollars into discovery and testing of a new compound if the
manufacture does not have enough “protection” to make back the
investment, a little profit, and some additional cash to invest
in the next new drug (which may or may not make it to the
market). The foreign companies will have a harder “humanitarian”
case to prove if pharma moves the AIDS research funds into
something less politically charged. China recently “vacated” the
US patent on Viagra so that they could manufacture all that they
wanted without paying any license fees to the originator. This
goes well beyond the “humanitarian” arguments and should have
drawn the wrath of the civilized world. (“It jest ain’t right,
McGee!)
http://www.forbes.com/investmentnewsletters/2005/03/01/cz_sg_0301soapbox_inl.html?partner=yahoo&referrer=internet_drug_news_inc
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