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Hospitals Scramble on the Front Lines of Drug Shortages
Washington Post (04/10/12) Sun, Lena H.
Shortages of prescription drugs nearly tripled from 2005 to 2010 and reached record levels in 2011. Many manufacturers met with production problems and stopped operations, sending the U.S. Food and Drug Administration (FDA) into read more...
J&J Working to Boost Supply of Cancer Drug Doxil by September
Bloomberg (04/09/12) Cortez, Michelle Fay
Johnson & Johnson hopes to resume production of the cancer medicine Doxil by September. In November 2011, a production shutdown at BoehringerIngelheim GmbH's Ben Venue Laboratories factory in Ohio contributed to read more...
Mortality Risk in Heart Failure No Higher with Losartan
MedPage Today (04/10/12) Neale, Todd
A Danish study reported in April 11 issue of the Journal of the American Medical Association showed that patients with heart failure who were taking losartan did not have a higher mortality risk than those on candesartan. The study showed read more...
Qualitest Pharmaceuticals Receives FDA Approval for Levetiracetam Oral Solution, 100 mg/mL
Endo Pharmaceuticals Press Release (04/12/12)
Qualitest Pharmaceuticals has announced that the U.S. Food and Drug Administration has approved Levetiracetam Oral Solution, 100mg/mL.Qualitest plans to begin distribution in mid-2012. Qualitest is an read more...
AstraZeneca Launches DUTOPROL Tablets for High Blood Pressure in U.S.
AstraZeneca Press Release (04/12/12)
AstraZeneca has announced the availability of a once-daily anti-hypertensive agent that provides proven blood pressure reduction at 24 hours. Rather than using a traditional payer contraction strategy, AstraZeneca has launched read more...
Express Scripts Aims to Predict Medicine Problems
Associated Press (04/15/12) Murphy, Tom
Pharmacy benefits manager Express Scripts hopes that a new product will help patients stay on their meds by predicting who who will stop taking prescriptions before a patient actually does it. The computer program ScreenRx sifts through read more...
Merck and Endocyte Enter Exclusive Worldwide Agreement to Develop and Commercialize Phase III Cancer Candidate Vintafolide
Merck Press Release (04/16/12)
Merck and Endocyte have announced that they have entered into an agreement to develop and commercialize Endocyte's novel investigational therapeutic candidate vintafolide (EC145). Vintafolide is currently being evaluated in a read more...
U.S. Adds More on Clot Risk to Some Birth Control Pills
FoxNews.com (04/11/12)
A study by the FDA has shown that birth control pills containing drospirenone have a higher risk of causing blood clots than other contraceptive drugs. Regulators are going to be including this information on the labels of read more...
DabigatranEtexilate Associated With Significantly Lower Rates of Fatal and Traumatic Intracranial Haemorrhage Compared With Warfarin
BoehringerIngelheim Pharmaceuticals Press Release (04/18/12)
A new analysis of the 18,113 patient, RE-LY trial highlights significantly lower rates of both fatal and traumatic intracranial haemorrhage in patients treated with dabigatranetexilate (Pradaxa) 110mg and 150mg bid compared to read more...
First Ever Data Investigating Interferon-free Treatment in Hepatitis C Patients Who Have Liver Cirrhosis Shows High Viral Cure Rate
BoehringerIngelheim Pharmaceuticals Press Release (04/19/12)
New data from the SOUND-C2 study shows that up to 71 percent of patients with hepatitis C and liver cirrhosis achieved a viral cure, after just 28 weeks of treatment. These patients, who had a prevalent type of read more...
Painkiller Overdose Epidemic Spreading to Teens, CDC Says
Medscape (04/16/12) Lowes, Robert
The latest Morbidity and Mortality Weekly Report published by the Centers for Disease Control and Prevention shows that fatal overdoses with prescription analgesics are the main cause of the 91 percent increase in accidental read more...
Merck Reports Phase III Study Results Evaluating Anemia Management Strategies Used With VICTRELIS Combination Therapy
Merck Press Release (04/19/12)
Merck has announced the final results of a Phase III, open-label study which was designed to compare the impact of two anemia management strategies on sustained virologic response (SVR) in patients with chronic read more...
Migraine Headaches: New Guidelines Focus on Prevention
ABC News (04/23/12) Moisse, Katie
From prescription pills to poisonous plants, plenty of treatments can help prevent migraines, according to new guidelines from the American Academy of Neurology. Researchers reviewed a slew of studies on migraine prevention to tease out read more...
Sanofi and Michael J. Fox Foundation Collaborate on Potential New Treatment for Parkinson's Disease
Sanofi-Aventis Press Release (04/19/12
Sanofi announced that it will be collaborating with the Michael J. Fox Foundation (MJFF) to conduct a clinical trial of AVE 8112, a Sanofiphosphodiesterase type 4 (PDE4) inhibitor in patients with Parkinson's disease (PD). The chief executive officer of read more...
Two Phase 3 Studies on Ultra-Long-Acting Insulin Degludec Published
Novo Nordisk Press Release (04/20/12)
Ultra-long-acting insulin degludec, an investigational compound from Novo Nordisk, has been featured in two studies in The Lancet showing a significant reduction in the rates of nocturnal hypoglycemia by 25 percent, compared to read more...
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FDA Approves First Generic Lexapro to Treat Depression, Anxiety Disorder
Drug Topics (03/14/12)
The first generic version of Lexapro has now been approved by the FDA and will be sold exclusively by Teva/IVAX Pharmaceuticals for
180 days.The drug, which is approved to treat
read more...
FDA Approves First Oral Contraceptive to Treat Heavy Menstrual Bleeding
Drug Topics (03/15/12)
The FDA has approved the use of Natazia, an oral contraceptive, for the treatment of heavy menstrual bleeding (HMB) that is not caused by a
diagnosed condition of the uterus. It is the read more...
Fabry Drug Move a Blow for Shire, Boon for Sanofi
Reuters (03/15/12)
An unexpected decision by Shire to pull its U.S. application to sell Fabry disease drug Replagal is a blow for the firm's aspirations in treating rare
diseases but a boon for rival read more...
Gender Gap in Medication Management
News-Medical (03/19/12)
There is a wide gender divide when it comes to how men and women are prescribed and adhere to their medications. According to a new study,
while women use more prescription drugs than men, they are less read more...
New Type 2 Diabetes Drug Helps Lower Blood Sugar: Study
U.S. News & World Report (03/19/12) Gordon, Serena
A new type of medication for type 2 diabetes helps to lower blood sugar levels when used in concert with insulin and other diabetes drugs,
new research suggests. The medicine is called read more...
Percentage of Child Deaths by Meds Poisoning Rising
CNN Health (03/20/2012)
Each day roughly about 165 young kids in the United States are seen in emergency rooms after getting into medications, according to findings
revealed in a report by Safe Kids Worldwide, which unveiled a read more...
Statin Drug Linked to Lower Pneumonia Risk
Reuters (03/19/12) Norton, Amy
People who use statins may have a slightly lower risk of developing pneumonia than non-users do, a study out Monday concludes. Researchers
found that of nearly 18,000 adults in a read more...
AstraZeneca Announces Increased Coverage of BRILINTA Through Plan Preferred Formulary Status on Medco Health Solutions
AstraZeneca Press Release (03/22/12)
AstraZeneca has announced that BRILINTA (ticagrelor) tablets received Plan Preferred Tier 2 formulary access on Medco Health Solutions’
National commercial formulary and Preferred Brand formulary status on read more...
FDA Approves First Generic Versions Of Osteoporosis Drug Boniva
RTTNews (03/20/12)
The Food and Drug Administration has approved the first generic versions of Genentech's Boniva, a once-a-moth product used to treat or prevent
osteoporosis in women. Generic manufacturers read more...
Investigational Study May Help Researchers Develop Test That Predicts Risk of Imminent Heart Attacks
Johnson & Johnson Press Release (03/21/12)
Veridex, a Johnson & Johnson company, has announced the publication of a new, investigational study published this week in Science
Translational Medicine that lays the foundation for research that may read more...
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Merck and ARIAD Pharmaceuticals Provide Update on FDA Advisory Committee Vote on Investigational Medicine Ridaforolimus
Merck Press Release (03/20/12)
Merck and ARIAD Pharmaceuticals have announced that the FDA's Oncologic Drugs Advisory Committee voted 13 to 1 against the use of the
investigational agent ridaforolimus as maintenance therapy for read more...
New Drug Bests Standard Treatment for Certain Strokes
U.S. News & World Report (03/21/12) Gordon, Serena
The results of a study on two different thrombolytic treatments for acute ischemic strokes by Australian researcher was published in the March 22
issue of the New England Journal of Medicine. The study compared read more...
BoehringerIngelheim and Lilly's Jentadueto Tablets Now Available in U.S. Pharmacies
Eli Lilly and Company Press Release (03/07/12)
BoehringerIngelheim Pharmaceuticals and Eli Lilly have announced that Jentadueto (linagliptin/metformin hydrochloride) tablets are now available by prescription in many leading chain and read more...
Ethicon Endo-Surgery Brings Hands-On Lab Training Experience to Society of American Gastrointestinal and Endoscopic Surgeons Conference
Johnson & Johnson Press Release (03/06/12)
Ethicon Endo-Surgery (EES) demonstrated its latest product innovations and best practices in minimally-invasive procedures focused on improving clinical outcomes and the quality of patient care at read more...
AARP Study Says Price of Popular Drugs Rose 26%
New York Times (03/06/12) Thomas, Katie
A report issued by AARP found that the retail prices of the 514 drugs most widely used by Medicare recipients had risen around 26 percent between 2005 and 2009. Though the price of the generics on read more...
Discovery Labs Wins Approval for Drug to Ease Baby Breathing
Bloomberg (03/06/12) Edney, Anna
The FDA has granted approval to Discovery Laboratories' drug Surfaxin on the fifth try for market approval since 2004. Surfaxin was developed to prevent respiratory distress in premature infants, as it read more...
Estrogen Replacement Therapy Safe for Some Menopausal Women
USA Today (03/06/12) Szabo, Liz
A study from the Women's Health Initiative, published online in The Lancet Oncology, suggests that for the 30 percent of menopausal women who have had hysterectomies, taking estrogen supplements for read more...
FDA Responds to AstraZeneca Citizen Petitions on Quetiapine Product Labeling
AstraZeneca Press Release (03/08/12)
The FDA has denied Citizen Petitions requesting that the FDA withhold finally approving any generic quetiapine product with labeling that omits certain hyperglycemia warning language that read more...
Painkiller Developers Win FDA Advisory Panel’s Backing to Continue Studies
Bloomberg BusinessWeek (03/12/12) Edney, Anna
Pfizer, Johnson & Johnson, and Regeneron Pharmaceuticals won the backing of a U.S. advisory panel to continue development of a class of experimental painkillers that have been linked to read more...
Prescription Painkillers for Outpatient Surgeries May Lead to Long-Term Use
ABC News (03/12/12) Conley, Mikaela
Older adults who receive pain medications after surgery may be at higher risk of becoming addicted, according to a new study published in the journal Archives of Internal Medicine. Researchers analyzed read more...
Researchers Identify Promising New Drug Target for Kidney Disease
Medical Xpress (03/11/12)
Mount Sinai School of Medicine researchers have found a regulator protein that plays a crucial role in kidney fibrosis, and are planning on using this knowledge to develop a new drug intervention that read more...
Study Unblinded: ZYTIGA Plus Prednisone for Chemotherapy-Naïve Patients With Metastatic Metastatic Castration-Resistant Prostate Cancer
Johnson & Johnson Press Release (03/08/12)
Janssen Research & Development has announced that it has unblinded the Phase 3 study of ZYTIGA (abiraterone acetate) plus prednisone for the treatment of asymptomatic or mildly symptomatic patients with read more...
U.S. Probes Resuming Painkiller Trials Tied to Joint Failure
Bloomberg (03/08/12) Edney, Anna
The Food and Drug Administration has asked an advisory panel whether Pfizer and Johnson & Johnson should resume human trials on a class of experimental painkillers linked to joint failure. Studies on the read more...
Vitamin D Linked to Stronger Bones in Girls
Los Angeles Times (CA) (03/05/12) Roan, Shari
A study published online in the Archives of Pediatric and Adolescent Medicine by researchers from Children's Hospital Boston analyzed the intake of calcium, vitamin D, and dairy products by 6,721 girls ranging in read more... |
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Amgen to Acquire Privately Held KAI Pharmaceuticals
Amgen Press Release (04/10/12)
KAI Pharmaceuticals and Amgen have announced an agreement where Amgen will be $315 million in cash to acquire the privately-held KAI. Amgen will acquire world-wide rights, excluding Japan, to Kai's lead product candidate read more...
AstraZeneca Faces Calls for Shake-Up
Financial Times (04/09/12) Burgess, Kate; Jack, Andrew
Some of AstraZeneca's largest investors are calling for major changes in the company's board and executive team, while the company trades on the sector's lowest price/earnings multiple. Shareholders have lobbied for read more...
Johnson & Johnson Ordered to Pay $1.1 Billion Penalty in Arkansas Risperdal Case
Bloomberg (04/11/12)
Arkansas Judge Tim Fox has ordered Johnson & Johnson to pay $1.1 billion on April 11, after a jury found that the company's officials mislead doctors and patients about the risk of Risperdal and used a read more...
AZ's CEO Says He is Staying
PharmaTimes (04/16/12) Megget, Katrina
Though there is much speculation about the future of AstraZeneca, the company's chief executive David Brennan has made it clear that he will be staying with the company in the role of CEO. There has been concern read more...
Eli Lilly CEO Says Cost Cutting Won’t Solve Drug Sales Loss
Bloomberg (04/12/12) Armstrong, Drew
The CEO of Eli Lilly has said that the company needs to rely on new medicines to overcome the revenue loss from two of the top drugs facing generic competition from lost patent protection, rather than read more...
Icahn Sues Amylin Pharmaceuticals Asking for Books, Records
Bloomberg (04/12/12) Milford, Phil; Feeley, Jef
Carl Icahn, the third-largest investor of Amylin Pharmaceuticals, has sued the company for records related to a $3.5 billion takeover offer by Bristol-Myers Squibb and documents related to the public offering of read more...
Janssen Therapeutics Establishes Point Scholarship for LGBT Students
Johnson & Johnson Press Release (04/12/12)
Janssen Therapeutics is funding a scholarship with the Point Foundation to support education for lesbian, gas, bisexual, and transgender (LGBT) students who will be in a field of study focused on HIV/AIDS or who will be read more...
Lilly Diabetes and Walgreens Launch Diabetes Hypoglycemia Awareness Campaign
Eli Lilly and Company Press Release (04/16/12)
Lilly Diabetes and Walgreens are educating people living with diabetes about one of the most common and misunderstood consequences of diabetes: hypoglycemia. The companies have launched an awareness campaign at read more...
Novo Nordisk Warns FDA of Biosimilar Delivery Safety Fears
In-PharmaTechnologist (04/17/12) Taylor, Nick
Novo Nordisk has told the FDA that allowing alternative delivery devices for biosimilars creates "significant safety implications." FDA draft guidance released earlier in the year allows biosimilars to use read more...
J&J Wins EU Approval for $21.3 Billion Synthes Acquisition
Bloomberg (04/19/12) White, Aoife
Johnson & Johnson has won European Union approval for its $21.3 billion purchase of Synthes after agreeing to sell its European trauma business to allay antitrust concerns. According to the European Commission, J&J's offer to read more...
Merck Wins Another FOSAMAX State Court Trial
Merck Press Release (04/18/12)
Merck has announced that a state court jury in New Jersey found in its favor in the Sessner v. Merck case, rejecting the claims of a woman who blamed her jaw-related problems on her FOSAMAX use. With the verdict, Merck read more...
Merck to Pay Nearly $322 Million in Vioxx Case
Modern Healthcare (04/19/12) Carlson, Joe
A district judge in Boston has ordered Merck to pay a $321.6 million criminal fine for misbranding Vioxx, bringing the company's total penalties for marketing the defunct anti-inflammatory drug to about read more...
US Supreme Court Ruling Allows Caraco Pharmaceutical to Challenge Novo Nordisk’s Patent Submissions for Prandin
Novo Nordisk Press Release (04/17/12)
The U.S. Supreme Court has reversed an earlier court ruling that dismissed generic manufacturer Caraco Pharmaceutical’s claim to change Novo Nordisk’s patent submissions regarding the combination use of read more...
Genentech Reports Positive Study of ACTEMRA Given by Subcutaneous Injection
Genentech Press Release (05/02/12)
Genentech has announced that the SUMMACTA study met its primary endpoint, showing comparable efficacy (non-inferiority) of the subcutaneous (SC) formulation of ACTEMRA (tocilizumab) 162mg weekly compared to read more...
Protalix Wins FDA Approval for Its First Drug on the Market
Bloomberg BusinessWeek (05/01/12) Edney, Anna
The FDA has granted approval to the debut medicine of ProtalixBioTherapeutics, Elelyso (taliglucerase), which was developed with Pfizer for the treatment of Gaucher disease. Elelyso is approved to treat Type read more...
SanofiiBGStar Blood Glucose Monitoring System Now Available in the U.S.
Sanofi-Aventis Press Release (05/02/12)
Sanofi US has announced that the iBGStar Blood Glucose Monitoring System, consisting of the iBGStar blood glucose meter and iBGStar Diabetes Manager App, is commercially available in the U.S. iBGStar is the read more...
Amylin Explores Sale, Hires Bankers
Reuters (04/22/12) Bansal, Paritosh; Kim, Soyoung
Amylin Pharmaceuticals, which spurned a $3.5 billion takeover bid from Bristol-Myers Squibb Co. and is fending off a lawsuit from activist investor Carl Icahn, began reaching out to potential buyers last week. Amylin, maker of read more...
AstraZeneca’s Ardea Purchase May Be First of New Deals
Bloomberg (04/23/12) Connolly, Allison
AstraZeneca’s $1.26 billion purchase of Ardea Biosciences Inc. may be the first in a series of deals for the company as it tries to counter looming generic competition. Shaun Grady, head of business development, says the company is in talks with read more...
Johnson & Johnson Acquires Guangzhou Bioseal Biotech
Johnson & Johnson Press Release (05/02/12)
Johnson & Johnson (China) Investment has acquired China-based Guangzhou Bioseal Biotech, a privately held biopharmaceutical company specializing in the design, development and commercialization of a read more...
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Biotech Funding Gets Harder to Find
Wall Street Journal (03/16/12) Rockoff, Jonathan D.; Tam, Pui-Wing
Funding for biotechnology companies is getting scarce on account of a harsh economic environment and less than stellar yields from stock offerings. Venture Source reports that read more...
Sanofi to Acquire Pluromed Expanding Its Presence in Biosurgery
Sanofi-Aventis Press Release (03/16/12)
Sanofi is acquiring Pluromed, a medical device company based in Woburn, Massachusetts. Pluromed has developed a proprietary polymer technology, called Rapid Transition Polymers, pioneering the read more...
AstraZeneca, Targacept End Work on Depression Drug
Bloomberg BusinessWeek (03/20/12)
AstraZeneca and Targacept have abandoned their work on a drug known as TC-5214 that was being collaboratively developed for the treatment of major depressive disorder under an agreement signed in read more...
Drug Giants Back New Venture Capital Fund
New York Times DealBook Blog (03/21/12) Scott, Mark
GlaxoSmithKline and Johnson & Johnson will be partnering with venture capital firm Index Ventures on a 150 million euro fund that will be targeted at the life sciences sector. The partnership is read more...
Endo Acquires Johnson Matthey's Oxymorphone Patent
Endo Pharmaceuticals Press Release (03/22/12)
Endo has acquired U.S. patent 7,851,482 B2 for oxymorphone hydrochloride, the key API in all formulations of OPANA, from Johnson Matthey, a supplier of active pharmaceutical ingredients through read more...
Express Scripts' Medco Deal May Be Delayed by Potential Suit
Bloomberg (03/19/12) Bliss, Jeff; Forden, Sara
Express Scripts has made a bid to acquire Medco Health Solutions and create the largest U.S. pharmacy-benefits manager, but could be delayed by a lawsuit being considered in New York, Pennsylvania, Ohio, Texas, and read more...
Novo Nordisk Sued by US Salesforce for $70M
PMLiVE (03/06/2012)
Sanford Wittels&Heisler has filed a legal challenge in New York against Novo Nordisk on behalf of former and current sales representative of the company. In the case, the firm claims thatn read more...
Sanofi CEO: Drug Industry Needs New Investment Models
Wall Street Journal (03/06/12) Kamp, Jon
Sanofi SA CEO Chris Viehbacher has commented that pharmaceutical companies need to develop new investment models for research in order to improve returns on investment and support start-ups efforts that read more...
Schwartz Center Receives $500,000 Grant from the Amgen Foundation
Amgen Press Release (03/06/12)
The Schwartz Center for Compassionate Healthcare, a Boston-based nonprofit dedicated to strengthening the relationship between patients and their healthcare providers, has received a $500,000 grant from the read more...
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HHS Proposes Delaying ICD-10 Deadline to Oct. 1, 2014
Modern Healthcare (04/09/12) Conn, Joseph
A proposed rule from the Department of Health and Human Services (HHS) delays by 12 months the compliance deadline for conversion to the International Classification of Diseases 10th Revision of diagnostic and read more...
Healthcare Law Will Add $340 Billion to Deficit, New Study Finds
Washington Post (04/09/12) Montgomery, Lori
A new study from Charles Blahous, a Republican member of the board that oversees Medicare financing, states that the healthcare law will add move than $340 billion to the national deficit over the next decade. While the law will read more...
NY Leaders Negotiate Prescribed Drugs Restrictions
Wall Street Journal (04/10/12)
Spokesman for New York Governor Cuomo, Attorney General Eric Schneiderman, and legislative leaders have confirmed that there are ongoing talks negotiating measures to control the black market in read more...
Scope of Utah Medicaid Data Breach Explodes
Salt Lake Tribune (UT) (04/09/12) Stewart, Kirsten
Utah state officials have revealed that a data breach that had been thought to affect only 24,000 residents on public health insurance may have put close to 800,000 people at risk. As many as 280,000 people may have read more...
Medicare to Settle Hospital Reimbursement Dispute
Los Angeles Times (04/12/12) Terhune, Chad
The Centers for Medicare and Medicaid Services (CMS) agreed to settle Medicare disputes with more than 2,200 hospitals across the United States that stemmed from an error in reimbursement rates. CMS wanted to resolve potential liability related to read more...
Democrats Offer Legislation on Generic-Drug Labeling
Modern Healthcare (04/18/12) Zigmond, Jessica
Democrats in both chambers of Congress have introduced legislation to allow generic drug companies to update their labels with the same processes as brand-name drugmakers. Under current law, generic drug manufacturers use read more...
Heart Meds May Get Lost in Part D Coverage Gap
MedPage Today (04/17/12) Neale, Todd
A study published online in Circulation: Cardiovascular Quality and Outcomes indicates that Medicare Part D beneficiaries with cardiovascular conditions who fall into the doughnut hole without any financial backup, are at a read more...
Part I: Maine's Prescription Monitoring Program
Maine Public Broadcasting Network (04/16/12) Field, Jay
Like many states, Maine faces the growing problem of prescription drug abuse. Eight years ago, the state launched an electronic prescription drug monitoring program, one of 41 currently operating in the United States. Pharmacies enter regular updates into read more...
Rx Drug Coupons Costly for Medicare
MedPage Today (04/16/12) Frieden, Joyce
A survey from the National Coalition on Health Care has shown that seniors are using brand-name drug discount coupons even though their use is not permitted by Medicare, as the prescription ends up being far more expensive for the insurer than read more...
Specialty Docs Protest CMS Overpayments Plan
Modern Physician (04/18/12) Robeznieks, Andis
The Alliance of Specialty Medicine is joining other hospital organizations to protest the proposed Medicare Reporting and Returning of Overpayments rule, which calls for providers and suppliers to return overpayments within read more...
White House Suggests New Strategy for Drug Crimes
Columbus Dispatch (OH) (04/18/12) Wehrman, Jessica
The White House has introduced a new drug policy that will seek a "middle ground," focusing on treatment of drug abusers and addicts, rather than tossing them in jail. The policy was developed on the principle that read more...
AMA Urges Medicare to Rescind Prepayment Review Demo
American Medical News (04/23/12) Fiegl, Charles
Starting in June, some hospital procedures for Medicare patients who have fainted or are bleeding internally will receive prepayment review by a government auditor in 11 states. Physician organizations, including the American Medical Association, have serious concerns about read more...
Aging Workforce Strains Social Security, Medicare
Associated Press (04/23/12)
According to a recent government report, the trust funds that support Social Security will run dry in 2033, three years earlier than previously projected. Medicare's hospital insurance fund is still projected to run out of money in read more...
FDA Outlines Steps to Enhance Agency's Postmarket Drug Safety Program
Modern Healthcare (04/22/12) Lee, Jaimy
The U.S. Food and Drug Administration (FDA) has issued a trio of reports that delineate the steps its Center for Drug Evaluation and Research (CDER) have followed to augment the FDA's postmarket drug safety program. "This report shows that read more...
GAO Calls Test Project by Medicare Costly Waste
New York Times (04/23/12) P. A9; Pear, Robert
A recent Government Accountability Office (GAO) report indicates that Medicare is wasting more than $8 billion on the Medicare Advantage program offering rewards to health insurance companies caring for millions of Medicare beneficiaries that is unlikely to produce read more...
Government Says Medicare Will Save $200 Billion Through 2016
USA Today (04/23/12) Kennedy, Kelly
The government says that 2010 health care law will save Medicare beneficiaries $208 billion through 2020, and save Medicare itself $200 billion through 2016, according to a report from the Centers for Medicare & Medicaid Services. Officials say that read more...
EPA Weighs Overhaul For Pharmaceutical Waste Rules Following Criticism
Superfund Report (04/30/12) Vol. 26, No. 9, Beaven, Lara
The EPA may propose regulations for managing hazardous pharmaceutical waste in healthcare facilities. States have called for the EPA to use a more holistic approach toward pharmaceutical waste and to work with other federal agencies to read more...
FDA May Let Patients Buy Drugs Without Prescriptions
Washington Times (DC) (04/29/12) Cunningham, Paige Winfield
In order to help cut the growing health care costs, the FDA is considering allowing over-the-counter distribution for some drugs to treat certain conditions without having to visit a doctor for a prescription. The change would read more...
Massachusetts Payment-Reform Bill Would Overhaul How Healthcare Providers Are Paid
Washington Post (04/30/12) Kliff, Sarah
Massachusetts is expected in the coming months to adopt legislation to revamp how doctors, hospitals, and other healthcare providers are paid, and include numerous incentives for hospitals to take global payments, or a read more...
More Than 100 Are Charged in Medicare Fraud Sweep
Reuters (05/02/12)
U.S. officials have charged 107 individuals, including doctors and nurses, for attempting to steal about $452 million from the Medicare health care program for the elderly and disabled, the Obama administration said read more...
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AARP Arming for Medicare Battle
Kaiser Health News (03/19/12) Serafini, Marilyn Werber
AARP is mobilizing for a major outreach initiative with a series of town hall meetings and large-scale forums to discuss the future of Medicare against a backdrop of proposals to retool read more...
Final Rule Released for Medicaid Improvements Under ACA
Drug Topics (03/16/12)
Health and Human Services Secretary Kathleen Sebelius said millions of Americans will be ensured health coverage under the final rule for Medicaid eligibility in the Affordable Care Act, which was read more...
New Law May Make it Harder to Buy Allergy Meds
MyFox Alabama (03/15/2012) Hardison, Jonathon
A new state law passed by the Alabama house may make it more difficult for those with allergies or colds to get ephedrine-based products to treat symptoms. The goal of the bill is to make it read more...
Bipartisan Bill Would Strengthen FDA Oversight on Devices
Health Imaging (03/19/12) Pearson, David
Republicans Sens. Jeff Merkley of Oregon and Chuck Grassley of Iowa, together with Democrats Michael Bennet of Colorado and Herb Kohl of Wisconsin, have crafted the Ensuring Safe Medical Devices for read more...
Drug Resales Get Scrutiny
Wall Street Journal (03/22/12) Dooren, Jennifer C.
Some drug distributors are setting up fake pharmacies that allow them to obtain and then artificially raise the prices for cancer drugs and other medicines that are in short supply, according to read more...
CMS Proposes 10-Year Review for Provider Overpayments
Health Leaders Media (03/02/2012) Commins, John
A rule proposed by the Centers for Medicare and Medicaid Services (CMS) that would extend responsibility for Medicare overpayments through a 10-year "lookback period" is generating concern from read more...
FDA Considers Waiving Prescriptions for Key Drugs
Associated Press (03/09/12)
Food and Drug Administration officials say they are considering waiving prescription requirements for certain drugs used to treat ailments like diabetes, asthma and migraine. Driving the move is a read more...
House Committee Votes to Repeal IPAB
HealthLeaders Media (03/07/12) Tocknell, Margaret Dick
The full House Energy and Commerce Committee has voted to approve the Medicare Decisions Accountability Act, setting the stage for a potential House vote to repeal the Independent Payment and Advisory Board (IPAB). Democrats seemed read more...
End of Days for Independent Pharmacies?
BusinessWeek (03/08/12) Klein, Karen E.
Independent pharmacies around the United States could disappear if the Federal Trade Commission (FTC) approves Express Scripts' $29.1 billion acquisition of Medco Health Solutions. The deal was read more...
Insurance Plans Sue Drug Companies Over Coupons
Philly.com (03/08/12) Sell, David
Consumer group Community Catalyst and four trade-union health-insurance plans have announced lawsuits against eight pharmaceutical companies, claiming that the companies use co-pay coupons to read more...
J&J Said to Face Demand to Lift Risperdal Settlement Offer by $800 Million
Business Week (03/12/12) Fisk, Margaret Cronin; Feeley, Jef; Voreacos, David
The Justice Department has reportedly demanded that Johnson & Johnson increase its $1 billion proposed settlement on civil claims related to the company's marketing of Risperdal by $800 million. The company raised read more...
Medicare Unveils New Form to Enlist Seniors in Fight against Fraud
Washington Post (DC) (03/06/12) Jaffe, Susan
Medicare uploaded a new, consumer-friendly billing statement to the Medicare secure website on March 10, and will phase in the paper version in early 2013. The new format is designed to be read more... |
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Perrigo files ANDA for generic Astepro Nasal Spray
Perrigo announced that it filed an ANDA with the FDA for azelastine hydrochloride nasal spray (0.15%), a generic version of Meda's Astepro. On January 19, 2012, Meda filed suit against Perrigo, alleging patent infringement and formally initiating the process under the Hatch-Waxman Act. Annual sales of Astepro were approximately $114 million annually, as measured by Wolters Kluwer Health.
Watson and Mallinckrodt settle over generic Exalgo
Watson and Mallinckrodt have reached a settlement concerning Exalgo, for which Watson had sought FDA approval. Mallinckrodt filed a patent-infringement suit against Watson in December 2010 after Watson applied for FDA approval for a generic version of the drug in the 8mg, 12mg and 1-mg strengths. Under the settlement, Watson receives a royalty-free license to patents related to Exalgo and can launch a generic version in November 2013. Other terms of the settlement were not disclosed. Watson stated it was probably the first company to seek approval for a generic version, which would entitle it to 180 days of market exclusivity.
Lupin receives tentative FDA approval for generic Glumetza ER
Lupin announced it received tentative FDA approval for its metformin hydrochloride extended release tablets, the AB-rated generic version of Santarus' Glumetza ER. The brand had annual U.S. sales of approximately $58 million, for the twelve months ending September 2011, according to IMS Health Data. Lupin believes it is the first applicant to file an ANDA for a generic version of Glumetza ER and will be entitled to 180 days of marketing exclusivity.
FDA approves Mylan's generic Doryx
The FDA approved Mylan's doxycycline hyalite delayed-release tablets, a generic version of Warner Chilcott's Doryx. Warner Chilcott launched a patent infringement suit against Mylan in response to the latter's filing for FDA approval of the drug. The court is expected to reach a decision in March, and Mylan stated it agreed not to launch the drug until then, though it expected to be the first to launch a generic version. Doryx had sales of approximately $264.1 million in 2011, according to IMS Health.
Watson and J&J settle lawsuit over generic Ortho Tri-Cyclen Lo
Subsidiaries of Watson and Johnson & Johnson have settled a lawsuit filed by J&J in 2008 when Watson attempted to market a generic version of Ortho Tri-Cyclen Lo (norgestimate and ethinyl estradiol). Janssen filed the suit after Watson sought FDA approval for the drug prior to the expiration of a patent covering it. The patent covering the drug's use in adults is scheduled to expire in June 2019, according to FDA records. Under the settlement, Janssen will manufacture and supply Watson with an authorized generic version of the drug, while Watson will have the right to market and distribute it at the end of 2015. Other terms of the deal were not disclosed.
Watson seeks FDA approval for generic Beyaz
Watson has filed an ANDA with the FDA for its generic version of Bayer's Beyaz oral contraceptive. Bayer and Merck filed a lawsuit against Watson to prevent Watson from launching a generic version of Beyaz prior to the expiration of its patent. Watson stated it believes it may be a "first applicant" to file an ANDA for a generic version of Beyaz and may be entitled to 180 days of market exclusivity, if the application is approved.
Mylan to challenge court decision over generic Xopenex
Mylan plans to challenge a court decision that requires it to pay almost $20 million to Sunovion, whose product it tried to market as a generic. Sunovion sued Mylan when Mylan sought to market a generic version of Sunovion's Xopenex (levalbuterol hydrochloride) inhalation solution. The jury's verdict includes an $18 million award. "While this is not a significant product for Mylan, we firmly believe that the jury has erred and intend to seek reversal through post-trial motions and, if necessary, an appeal of the verdict and the damages award," Mylan CEO Heather Bresch said.
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