The White House budget
proposal, released earlier this month, includes a requirement for
pharmaceutical companies to disclose various business measures, including the
cost of research and development; a requirement that would either prove or lay
to rest to pharma’s continued argument that drug prices are directly related to
their R&D costs. The measures mimic those proposed by states across the
country and received similar backlash from industry lobbyists – including
assertions that the requirement would stifle innovation, ignores R&D
failures, and requires the disclosure of confidential information. That final
argument is likely countered by an existing statute in the Affordable Care Act.
Read the coverage from Pharmalot's Ed Silverman here.
Monday, February 29, 2016
Wednesday, January 20, 2016
Study Finds that Some Drugs Approved for Other Uses Have Antibiotic Actions
As
bacterial infections are becoming increasingly resistant to existing
antibiotics, the University of Illinois has released promising research
regarding the dual use of multiple drugs, including those used to treat parasitic
infections and cancers. In fighting their intended diseases, many FDA-approved drugs also kill bacteria, work as uncouplers to destroy bacterial energy
production and, in some cases, inhibit enzyme production and disrupt the cell
membrane. Testing has primarily focused on the treatment of tuberculosis and
staph infections. The researchers are also investigating tweaking the biology
of certain drugs that are metabolized within the cell (eg. Heartburn drugs) to
create an added level of uncoupling and, ultimately, cell death of bacteria.
Monday, January 18, 2016
Monday, December 28, 2015
Gilead Put Profit Ahead of Hepatitis C Patients: U.S. Senate Report Says
The Senate Finance
Committee has determined that the prices charged by Gilead for the Hepatitis C
drugs, Sovaldi and Harvoni, do not reflect the actual research or cost incurred
in producing the drugs and is officially accusing Gilead of placing profits
ahead of affordability and accessibility. In 2014, Medicare and Medicaid spent
more than $5 billion on Sovaldi and Harvoni. Gilead released a statement saying
that with available rebates and discounts the cost is actually less expensive
than that of prior treatments, and, additionally, the improved efficacy of
their drugs reduce the cost of future medical complications.
To read the full Reuters article click here.
To read the full Reuters article click here.
Friday, December 11, 2015
Pfizer to Buy Allergan in $160 Billion Deal
Pfizer’s announcement that it will buy Allergen
(the producer of Botox) will shift the manufacturer’s headquarters to Ireland
and help reduce their incurred domestic taxes by an estimated 8%. The deal will
make Pfizer the largest company in the industry, as well as mark the largest
instance of an international acquisition to lower a U.S.-based company’s taxes
– and has earned direct criticism from President Obama, Hillary Clinton, Bernie
Sanders, and Donald Trump. Both companies saw a drop in their stock prices
after the announcement.
Read Reuter's article on it here.
Read Reuter's article on it here.
Monday, November 9, 2015
Statins May Dampen Protective Powers of Flu Vaccines
Two new studies highlight a
potential relationship between statin use and flu vaccine effectiveness in
seniors; however, experts warn that studies are preliminary and the benefits of
both medications outweigh any negative interactions. The findings, however, add
to the list of questionable side effects of the popular cholesterol-lowering
drugs, associating statin use with muscle pain, liver damage and memory loss.
One study found that vaccine-recipients taking statins had 38-67% fewer flu
antibodies than those not taking statins (with natural statins appearing to be
less detrimental than synthetic.) The
second study more specifically identified an inflammatory interaction between
statins (thought to improve cardiac health by reducing inflammation) and the
vaccine (priming the body to avoid the flu through increased inflammation.)
Alternatively, the reduced inflammation of statins may help fight the flu once
it is infected. These findings indicate
that additional research will be needed before conclusive results can be
published.
Read the article here: consumer.healthday.com
Read the article here: consumer.healthday.com
Thursday, October 15, 2015
Protein Sciences Reports Flublok Vaccine Now Available Nationwide
Flublok will now be available for walk-in vaccinations at Target,
Mariano’s, Roundy’s, and Brookshire’s nationwide; with the suggestion that
patients call ahead to confirm availability at other pharmacies. Flublok is the
only vaccine on the market that is free of formaldehyde, antibiotics, gluten,
gelatin, egg protein, latex, thimerosal and other preservatives. Further,
Flublok resulted in nearly 50% fewer influenza cases in older adults than an
alternative egg-based influenza vaccine.
For more information, read the full news release here: www.drugstorenews.com.
For more information, read the full news release here: www.drugstorenews.com.
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