Chicago will enact a new
requirement that all pharmaceutical sales reps maintain a license based on
their training for ethics, marketing regulations and industry laws; at a cost
of $750, the reps will be responsible for applicable fees and annual renewals.
The new ordinance also requires paperwork to be filed with the city regarding
the reps’ activities and physician contact. The new regulations come after
Chicago filed lawsuits against multiple drug manufacturers and their role in
the current opioid epidemic. The fees are expected to exceed $1 million for the
city, which will then be used to support ongoing education efforts, regulatory
costs and expanding treatment availability for addicts. The pharmaceutical
industry argues that the new requirements do nothing to curb opioid abuse.
Read a Stat News article on it here.
Showing posts with label pharma. Show all posts
Showing posts with label pharma. Show all posts
Monday, December 12, 2016
Friday, September 16, 2016
[Medscape Podcast] Biosimilars: Can They Be Trusted?
Podcast summary: The first biosimilars were
released in Europe ten years ago and were based on biologics with fairly simple
structures. As technology and understanding expands, manufacturers are
approaching a more complex set of drugs; some critics worry that, while researchers
are able to easily map the sequence of proteins, the actual structure of a
biosimilar may have slight, undetected variations from its counterpart.
Industry experts, however, are confident that the advancement of the technology
used to compare the chemical makeups is so precise that any undetected
structural error would be too minor to impact the drug’s efficacy or safety.
Additional concerns stem around clinical trial requirements – while the
original biologic required rigorous testing with thousands of people, trials to
prove equivalence (rather than efficacy) are typically much smaller in nature.
On the other hand, equivalence studies are much more affordable, lending this
approach to the cost containment initiatives that make biosimilars attractive in
the first place. Further, regulatory agencies will also likely require
extensive additional evidence of drug similarities, supplementing required
trials, before any approvals are issued.
Hear Medscape's podcast here.
Hear Medscape's podcast here.
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