|
1) This should be
mandatory reading for the entire Congress (and state
legislators).
European countries are FINALLY waking up to the effect that
price controls had on the European drug industry. Not all that
many years ago we would look to Martindale's "Extra Pharmacopia"
as a source of drug information on new drugs available in Europe
but not yet approved in the USA. Since the European price
controls, most of the innovation (and investment) has been in US
drug companies. Reimportation, parallel trading and talk of
price controls on US drugs will have the same effect on the US
drug industry. Best advice to legislatotors: Don't do it…. it is
more expensive to trash an entire industry and then try to build
it back up than to just keep an eye on it with checks and
balances.
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=8669803
2) Those fries are
going to cost you more than that beer!
Cost of obesity outweighs (pun intended) the cost of alcohol
related problems. CDC is considering obesity as an epidemic now,
the same way they look at typhoid, malaria, or other infectious
diseases.
http://today.reuters.com/news/newsArticle.aspx?type=healthNews&storyID=2005-06-03T113702Z_01_N03720089_RTRIDST_0_HEALTH-HEALTH-OBESITY-COSTS-DC.XML
3) Tylenol recall
Packaging of two tablets per bubble can potentially lead to
confusion and overdosage. Mom's (and Dad's) have enough to worry
about without confusing drug packaging.
http://www.fda.gov/oc/po/firmrecalls/mcneil05_05.html
4) Caveat Zempler?
New drug approved by the FDA for hyperparathyroidism associated
with kidney disease. While this may not make your top 50 list of
prescription drugs next year, the costs will not be
insignificant as use and sales grow. With renal disease
increasing as diabetes increases the market will grow. Should
you block its use? No (unless it is horribly expensive compared
to existing treatments… surgery and frequent testing.)
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh91936_2005-05-27_12-11-51_n27332469_newsml
|