the Sumitomo (SHI) Demag announces joint venture to strengthen market presence By www.medicalplasticsnews.com Published On :: Thu, 30 Apr 2020 09:56:39 -0000 The new company called PlastiKCs, was founded by injection moulding expert Kurt Callewaert, together with Thiele & Kor Plastics Machinery, a long-standing representative of Sumitomo (SHI) Demag. Full Article
the Röchling supplies thermoplastic components to help with the pandemic By www.medicalplasticsnews.com Published On :: Thu, 30 Apr 2020 10:26:13 -0000 Röchling Engineering Plastics UK is supporting the medical and healthcare sectors with thermoplastic components and materials to assist the NHS and worldwide OEMs. Full Article
the How a chemicals company is helping with the Covid-19 pandemic By www.medicalplasticsnews.com Published On :: Mon, 04 May 2020 11:38:33 -0000 Chemicals company Lubrizol is helping with the pandemic by making materials used in Personal Protection Equipment (PPE) as well as hand sanitiser and products to help treat patients who are fighting the virus. Full Article
the The impact of Covid-19 on the European medical device market By www.medicalplasticsnews.com Published On :: Tue, 05 May 2020 09:10:15 -0000 Dr Archana Nagarajan, a freelance scientist specialising in medical devices at Kolabtree, the online freelance platform for scientists, explains the changes made to the European medical device market in light of the pandemic. Full Article
the How labelling could help with HAIs during the pandemic By www.medicalplasticsnews.com Published On :: Tue, 05 May 2020 11:51:26 -0000 Polyfuze Graphics, a global manufacturer of polymer fusion technology products for safety labelling and graphics, has introduced an antimicrobial safety product to help with Healthcare Associated Infections (HAIs) during the Covid-19 pandemic. Full Article
the Manufacturer forms alliance to cope with the demand for PPE By www.medicalplasticsnews.com Published On :: Tue, 05 May 2020 15:48:04 -0000 Manufacturer and designer, Placon, has introduced the Face Shield Alliance to provide healthcare workers and first responders with adequate Personal Protective Equipment (PPE) during the Covid-19 pandemic. Full Article
the Why 3D printing has proven to be the ‘true hero’ during this pandemic By www.medicalplasticsnews.com Published On :: Wed, 06 May 2020 10:59:41 -0000 John Dogru, CEO of 3DPrinterOS, spoke to MPN’s editor Laura Hughes about the pivotal role of 3D printing during the Covid-19 pandemic. Full Article
the AdvaMed launches platform to help scale the production and distribution of ventilators By www.medicalplasticsnews.com Published On :: Wed, 06 May 2020 13:08:16 -0000 AdvaMed has announced the launch of a new platform, which will attempt to connect ventilator companies with component suppliers to ensure quick scale production and distribution of these devices during the Covid-19 pandemic. Full Article
the Manufacturer vows to work ‘round-the-clock' to provide healthcare workers with PPE By www.medicalplasticsnews.com Published On :: Wed, 06 May 2020 13:54:58 -0000 To help with the increased demand for Personal Protective Equipment (PPE), Suffolk based manufacturer Broadwater Mouldings have turned over its 3D printer to produce protective shield frames for healthcare workers. Full Article
the Friday Feedback: Undercutting the DEA By www.medpagetoday.com Published On :: Fri, 20 Oct 2017 16:30:00 -0400 Experts react to role of distributors, legislation in opioid crisis Full Article
the Morning Break: Is the IRS an Obamacare Savior? No Mugabe at WHO; Price on HIV Quarantine By www.medpagetoday.com Published On :: Mon, 23 Oct 2017 09:15:00 -0400 Health news and commentary from around the Web gathered by the ALLMedPage Today staff Full Article
the FDA Says Maker of Lead Tests Broke the Law By www.medpagetoday.com Published On :: Mon, 23 Oct 2017 16:45:00 -0400 Magellan Diagnostics cited for failing to inform agency of changes Full Article
the Friday Feedback: Research on Lipid-Lowering Therapies 'Alive and Well' By www.medpagetoday.com Published On :: Fri, 27 Oct 2017 15:00:00 -0400 Experts discuss recent cancellation of first-in-class drug Full Article
the Huffington Post: Data Exclusivity: Getting the Balance Right By patentlybiotech.wordpress.com Published On :: Tue, 24 May 2011 19:12:55 +0000 Huffington Post: Data Exclusivity: Getting the Balance Right A great article on the downsides of cutting or removing data exclusivity provisions for biologics. The article points out that data protection is needed to enhance safety and create incentives to research and produce new innovative drugs that cost billions of dollars. However, the author argues that the period must be […] Full Article Uncategorized 12 years exclusivity Biologics data exclusivity huffington post incentivizing drug development
the Debunking the Myth: Your Genes are Patented By patentlybiotech.wordpress.com Published On :: Fri, 03 Jun 2011 14:50:25 +0000 MYTH: YOUR GENES ARE PATENTED. FACTS: IT IS NOT POSSIBLE TO PATENT YOUR GENES The term “gene patent” is a misnomer, because genes as they exist in the body cannot be patented. Because a naturally-occurring gene – even a newly-discovered one – cannot be patented, patents don’t provide ownership rights over our genes, and […] Full Article Gene Patents ACLU AMP v. Myriad Genetics AMP v. USPTO DNA patent requirements DNA patents gene patents gene patents pros and cons isolated DNA patents Myriad patenting life patenting people
the Debunking the Myth: ‘Gene Patents’ are not necessary for healthcare innovation. By patentlybiotech.wordpress.com Published On :: Thu, 09 Jun 2011 14:30:39 +0000 Myth: ‘Gene Patents’ are not necessary for health care innovation. Facts: Patents on DNA preparations or sequences are often the first patents upon which a later technology platform or portfolio is built. These patents are often in-licensed from universities by small start-up companies for the purpose of additional R&D, evidencing that the public/non-profit university sector cannot bear […] Full Article Gene Patents DNA patents gene patents gene patents and innovation gene patents and research gene patents are not necessary gene patents are unnecessary gene patents unnecessary healtcare innovation unnecessary gene patents valley of death
the BIO has issued a strong letter of support for the Manager’s Amendment to H.R. 1249, the America Invents Act By patentlybiotech.wordpress.com Published On :: Wed, 15 Jun 2011 17:29:46 +0000 by Stephanie D. Fischer BIO has issued a strong letter of support for the Manager’s Amendment to H.R. 1249, the America Invents Act. The letter is posted on our website and the text is below: “On behalf of the Biotechnology Industry Organization (BIO), I am writing to express our strong support for your Manager’s Amendment […] Full Article Patent Reform Uncategorized America Invents Act BIO fee diversion HR 1249 Managers' Amendment
the Crescendo links with CRUK to progress cancer therapy By www.pharmatimes.com Published On :: Tue, 05 May 2020 10:23:22 +0100 The charity's Centre for Drug Development will sponsor and fund a future Phase I clinical trial for CB213 Full Article
the Rebiotix, Ferring's microbiome-based therapy RBX2660 shows promise By www.pharmatimes.com Published On :: Wed, 06 May 2020 23:02:02 +0100 RBX2660 may bring an innovative therapeutic option to patients suffering from C. diff Full Article
the Hearing on Protecting Scientific Integrity in the COVID-19 Response By energycommerce.house.gov Published On :: Thu, 14 May 2020 10:00:00 -0400 The Subcommittee on Health of the Committee on Energy and Commerce will hold a hearing on Thursday, May 14, 2020, at 10 a.m. in the John D. Dingell Room, 2123 of the Rayburn House Office Building. The hearing is entitled, “Protecting Scientific Integrity in the COVID-19 Response.” Full Article
the Lyra Therapeutics IPO Raises $56M for Tests of Tech for Runny Noses By xconomy.com Published On :: Fri, 01 May 2020 16:31:22 +0000 Lyra Therapeutics, a biotech company developing a new way to treat your persistently runny nose, has raised $56 million in its public markets debut. Late Thursday, Lyra offered 3.5 million shares priced at $16 apiece, which was the high end of its projected $14 to $16 price range. Those shares are expected to begin trading […] Full Article Boston Boston blog main Boston top stories National blog main 480 Biomedical Arsenal Medical Biotech Bob Langer chronic rhinosinusitis clinical trials COVID-19 deals Drug Delivery FDA Genzyme George Whitesides Inflammation investing IPO Keros Therapeutics Life Sciences Lyra Therapeutics Medical Device MIT mometasone furorate North Bridge Venture Partners ORIC Pharmaceuticals Perceptive Advisors Polaris Venture Partners Renaissance Capital startups Zentalis Pharmaceuticals
the COVID-19 and Fungal Superinfections: The Deadly, Perfect Storm By xconomy.com Published On :: Tue, 05 May 2020 10:00:45 +0000 Virtually unknown just a few months ago, the COVID-19 pandemic has already resulted in over 239,000 deaths worldwide—including over 67,000 in the United States alone. Now, emerging reports suggest that as many as one third of patients with severe COVID-19 infection requiring intensive care may also be battling another life-threatening infection: invasive aspergillosis, a deadly […] Full Article National blog main San Diego San Diego Xcon Biotech COVID-19 Life Sciences
the Encouraging Signals for New Cancer Cell Therapy Strategies By xconomy.com Published On :: Wed, 06 May 2020 12:14:46 +0000 Chimeric antigen receptor T-cell therapies have shown remarkable efficacy in leukemia and lymphoma patients who relapsed or were refractory to several prior treatments, but many challenges remain in the cancer cell therapy field. Strategies that may improve upon first-generation therapies were presented during the American Association for Cancer Research virtual meeting with encouraging early activity, […] Full Article Boston blog main Boston top stories Boulder/Denver blog main Boulder/Denver top stories Detroit blog main Detroit top stories Europe blog main Europe top stories Indiana blog main Indiana top stories National National blog main New York blog main New York top stories Raleigh-Durham blog main Raleigh-Durham top stories San Diego blog main San Diego top stories San Francisco blog main San Francisco top stories Seattle blog main Seattle top stories Texas blog main Texas top stories Wisconsin blog main Wisconsin top stories Acute Lymphoblastic Leukemia American Association for Cancer Research Biotech cancer Cancer Drugs CAR-T immunotherapy clinical trials FDA Gilead Sciences Gracell Biotechnologies Immunotherapy Iovance Biotherapeutics Kite Pharma Leukemia Life Sciences Melanoma National Cancer Institute Non-Small Cell Lung Cancer Roche University of California at Los Angeles Xinin Wang Yvonne Chen
the PTC Therapeutics to Acquire Censa Pharma for Mid-Stage Rare Disease Drug By xconomy.com Published On :: Thu, 07 May 2020 07:09:51 +0000 PTC Therapeutics has reached an agreement to acquire Censa Pharmaceuticals and its lead asset, an experimental metabolic disorder therapy that is now being prepared for a pivotal study. The deal, announced after the market close Wednesday, will bring South Plainfield, NJ-based PTC (NASDAQ: PTCT) another compound for its pipeline of rare disease drugs. Wellesley, MA-based […] Full Article Boston blog main Boston top stories National blog main New York New York blog main New York top stories Arkin Bio Ventures BioMarin Pharmaceutical Biotech Censa Therapeutics clinical trials Drug Development FDA Life Sciences PTC Therapeutics rare disease
the Eli Lilly Gets Edge in the “RET” Race With FDA Nod for Cancer Drug By xconomy.com Published On :: Sat, 09 May 2020 02:33:40 +0000 Eil Lilly received accelerated FDA approval Friday for a drug that treats advanced cancers carrying a certain genetic signature. It’s the latest targeted cancer therapy to pass the regulatory bar and the first that addresses tumors characterized by aberrations in one particular gene. The gene in question, RET, produces a protein involved in cell signaling. […] Full Article Boston blog main Boston top stories Indiana Indiana blog main Indiana top stories National blog main National top stories New York blog main New York top stories Biotech Blueprint Medicines cancer Cancer Drugs clinical trials Eli Lilly FDA Life Sciences medullary thyroid cancer Non-Small Cell Lung Cancer Novartis pralsetinib selpercatinib Thyroid Cancer
the Disarm Therapeutics hires Dr Alvin Shih as new President and CEO By www.pharmafile.com Published On :: Tue, 23 Jul 2019 14:46:45 +0000 Massachusetts-based biotech Disarm Therapeutics has hired Dr Alvin Shih as their new President and CEO. The Cambridge, Mass.-based firm has set itself the task of creating a new class of disease-modifying therapeutics for patients with axonal degeneration, a central drive of neurological disease. Dr Shih brings to the role a range of experiences. Having graduated with a biology degree from Vanderbilt University in 1996, Shih joined management consultancy McKinsey where he worked as a business analyst for two years. read more Full Article Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
the ABPI Chief Executive Mike Thompson to retire by the end of 2019 By www.pharmafile.com Published On :: Wed, 24 Jul 2019 13:18:21 +0000 Chief Executive Mike Thompson is to retire from his role at the Association of the British Pharmaceutical Industry (ABPI) by the end of this year. His decision to leave the association marks the end of a three-year run beginning in March 2016, when stepped in to take up the mantle from Alison Clough, who had served as the acting Chief Executive for much of 2015. read more Full Article Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
the Dr Richard Torbett is named as the new Chief Executive of the ABPI By www.pharmafile.com Published On :: Thu, 05 Dec 2019 14:57:51 +0000 The Association of the British Pharmaceutical Industry (ABPI) has appointed Dr Richard Torbett as its new Chief Executive. He will assume the position on 1 January 2020. The appointment comes after his predecessor, Mike Thompson, stepped down in June. He had served in the role since March 2016. Torbett was unanimously selected by the ABPI board after an external recruitment process with an executive search agency. read more Full Article Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
the Seres Therapeutics appoints Dr Lisa von Moltke as new Chief Medical Officer By www.pharmafile.com Published On :: Thu, 09 Apr 2020 11:26:42 +0000 Dr Lisa von Moltke has left Aklermes and has joined Seres Therapeutics as its new Chief Medical Officer. Chief Executive Officer at Seres, Eric Shaff, said Seres will benefit from von Moltke’s “extensive experience directing successful development programs, leading clinical teams, and interacting with regulatory agencies across multiple areas of medicine.” read more Full Article Research and Development Medical Communications Sales and Marketing Business Services Manufacturing and Production
the Preparing to Go Back to the Bedside During COVID-19: A Nurse-Turned-Bioethicist Reflects By blog.petrieflom.law.harvard.edu Published On :: Thu, 30 Apr 2020 16:30:23 +0000 This was the first time in a long time that I’ve renewed my nursing license with the thought that I might need it — that I might be needed. The post Preparing to Go Back to the Bedside During COVID-19: A Nurse-Turned-Bioethicist Reflects appeared first on Bill of Health. Full Article Bioethics Emily Largent Featured Patient Care Public Health coronavirus coronavirus pandemic COVID-19 COVID19 emily largent nursing public health temporary practice permit
the The Harms of Abortion Restrictions During the COVID-19 Pandemic By blog.petrieflom.law.harvard.edu Published On :: Fri, 01 May 2020 12:00:51 +0000 These policies restricting abortion are unlikely to conserve PPE, and more importantly, they mischaracterize the nature and importance of abortions. The post The Harms of Abortion Restrictions During the COVID-19 Pandemic appeared first on Bill of Health. Full Article Abortion Beatrice Brown Bioethics Health Law Policy Patient Care Pregnancy Public Health Resource Allocation Student Fellows Abortion Regulation Constitutional Rights Constitutionality coronavirus COVID-19 covid-19 resources Health Law health law policy Health Policy Liberty Personal Protective Equipment PPE public health Self-determination
the Obtaining a Hospital Bed in the COVID-19 Pandemic: A Legal Perspective By blog.petrieflom.law.harvard.edu Published On :: Tue, 05 May 2020 12:00:10 +0000 A judge ruled recently that a patient, known as MB, who had occupied an NHS bed for over a year, must vacate it and instead receive care in the community. The post Obtaining a Hospital Bed in the COVID-19 Pandemic: A Legal Perspective appeared first on Bill of Health. Full Article Health Law Policy John Tingle Patient Care Public Health Resource Allocation Community Care COVID-19 Global Health global patient safety Health Law health law policy housing Mental Health Public Health Law Research
the How States are Protecting Health Care Providers from Legal Liability in the COVID-19 Pandemic By blog.petrieflom.law.harvard.edu Published On :: Tue, 05 May 2020 17:30:58 +0000 Clinicians and policymakers alike are raising the alarm about potential legal liability for following crisis standards of care during the COVID-19 pandemic. The post How States are Protecting Health Care Providers from Legal Liability in the COVID-19 Pandemic appeared first on Bill of Health. Full Article Health Law Policy Liability Patient Care Professional Regulation coronavirus coronavirus pandemic COVID-19 COVID19 crisis standards of care Health Law legal liability Malpractice Medical Malpractice valerie gutmann koch
the Hospital Administration and the COVID-19 Pandemic (Part II) By blog.petrieflom.law.harvard.edu Published On :: Fri, 08 May 2020 15:27:58 +0000 A discussion of administrative decisions hospitals are making during the COVID-19 pandemic, including cutting benefits for employees and furloughing staff. The post Hospital Administration and the COVID-19 Pandemic (Part II) appeared first on Bill of Health. Full Article Chloe Reichel Contributors Health Care Finance Health Law Policy Patient Care Petrie-Flom Center Public Health coronavirus pandemic COVID-19 COVID19 for-profit hospitals hospital administration Hospitals not-for-profit hospitals rina spence
the If It Wanted To, The FDA Could Destroy E-Cigarette Makers By www.forbes.com Published On :: Wed, 12 Sep 2018 16:48:00 +0000 Past experience says that when the FDA has the will to use its regulatory power, it can shake whole industries. Companies like Juul should tread extremely carefully. Full Article ticker=NYSE:MO ticker=NYSE:BTI byline=Matthew Herper
the A $100 Million Biotech Deal Is Also A Tale Of Two Executives Facing Their Kids’ Deadly Diseases By www.forbes.com Published On :: Thu, 20 Sep 2018 10:00:00 +0000 “John, I’m very aware of your family’s journey, Twelve years ago I was one of the producers considering bidding on your life rights.” Full Article ticker=NASDAQ:FOLD ticker=NYSE:SNY byline=Matthew Herper
the For A New Device To Treat Maternal Bleeding, A Young Entrepreneur’s Big Step Was Passing The Torch By www.forbes.com Published On :: Thu, 20 Sep 2018 13:00:00 +0000 This morning, Alydia Health, a tiny Menlo Park, Calif., startup co-founded by a 21-year-old woman, announced that it has secured $10 million in funding to test a medical device to prevent mothers from bleeding to death after childbirth. Full Article byline=Matthew Herper
the At Joe Biden’s Urging, Airbnb, WeWork, And Others Commit To Help Cancer Patients By www.forbes.com Published On :: Fri, 21 Sep 2018 13:00:00 +0000 The companies are committing to find ways to use their businesses to help patients with cancer. Full Article byline=Matthew Herper
the Novartis acquires digital therapeutics specialist Amblyotech By www.outsourcing-pharma.com Published On :: Tue, 28 Apr 2020 15:39:00 +0100 The pharmaceutical firm has purchased the company, which specializes in advancing treatments and diagnostics for ocular disorders. Full Article Markets & Regulations
the People on the Move: May 2020 By www.outsourcing-pharma.com Published On :: Wed, 06 May 2020 15:27:00 +0100 This monthâs new hires and promotions include executive appointments at Advarra, Eversana, Signant Health, Endpoint Clinical and other companies. Full Article Markets & Regulations
the NEW: The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers By feeds.feedblitz.com Published On :: Tue, 10 Mar 2020 11:30:00 +0000 I am pleased to announce our new 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers, available for purchase and immediate download.Click here to download a free report overview (including the Table of Contents and a List of Exhibits)Pharmacy Industry Revenues Hit Record High—Amid Profit Pressures and Amazon Threat, Says New Drug Channels Institute Study (press release)We’re offering special discounted pricing if you order before March 22, 2020.The 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers is a truly unique resource. With 203 proprietary charts, exhibits, and data tables, this 11th edition provides a comprehensive, fact-based, and non-partisan tool for understanding the entire U.S. drug pricing, reimbursement, and dispensing system.The full document clocks in at 374 pages. I can safely say there is nothing else available that comes close to this report.The chart below illustrates the depth and breadth of the 2020 edition. The numbers indicate the report chapter that corresponds to, explains, and analyzes each channel flow.[Click to Enlarge]Below, you can read more info and some behind-the-scenes tidbits. P.S. If you would like to pay by corporate purchase order or check, please email Tamra Feldman. If you preordered the report, you should have already received an email with download instructions. Please contact us if you did not receive the email.Read more » Full Article Benefit Design Industry Trends PBMs Pharmacy Pharmacy Economics
the The Drug Channels Coronavirus Industry Impact Survey By feeds.feedblitz.com Published On :: Tue, 17 Mar 2020 11:30:00 +0000 It’s a unique and troubling time. We are all of course concerned about the coronavirus and its disruption to our personal and professional lives.I presume that life will return to normal later this year. But what happens then? Will there be long-term changes to how the drug channel operates? Will we see permanent changes in behavior, policy, and industry structure?To answer these questions, I want to tap the collective insights of Drug Channels’ 30,000+ audience.Click here to complete our Coronavirus Industry Impact Survey.This survey should take 10 minutes or less. I will provide a full review of the results next week on Drug Channels. The survey will close on March 20.You can respond anonymously. Any information you provide will be kept confidential. Per Drug Channels' long-standing policy, I never publish, release, or disclose any personal data without your permission.Thanks in advance for sharing your insights.Regards,Adam Full Article Blog Administration Industry Trends
the Expanding How CoverMyMeds Helps Patients Access Their Medications By feeds.feedblitz.com Published On :: Fri, 27 Mar 2020 11:30:00 +0000 Today’s guest post comes from David Holladay, President of CoverMyMeds and Austin Raper, Healthcare Writer at CoverMyMeds.First, David discusses how CoverMyMeds supports medication access. Then, Austin highlights key findings from CoverMyMeds’ 2020 Medication Access Report. This new report includes industry research, patient interviews, novel survey data, and strategies for boosting patients’ medication access.Read on for David’s and Austin’s insights.Read more » Full Article Guest Post Sponsored Post
the The Latest CMS Outlook for Drug Spending—And How COVID-19 Will Change It By feeds.feedblitz.com Published On :: Tue, 07 Apr 2020 11:30:00 +0000 ICYMI, the boffins at the Centers for Medicare & Medicaid Services (CMS) recently released their new projections for U.S. National Health Expenditures (NHE). Unfortunately, the coronavirus almost immediately made these predictions obsolete.It’s still useful to analyze these forecasts for a pre-pandemic examination of U.S. healthcare spending. A few highlights of the 2024 outlook:Total U.S. spending on healthcare was projected to grow, from $3.6 trillion in 2018 to $5.0 trillion in 2024. Spending on hospitals and professional services was expected to grow by a combined $800 billion—more than 60% of CMS’s projected $1.4 trillion increase in U.S. healthcare spending. That’s consistent with historical trends.Net spending on outpatient prescription drugs in 2024 was projected to shrink to less than 9% of total U.S. spending. That would be its lowest level since 2000.As usual, the actual facts run counter to the popular narrative that drug spending is skyrocketing relative to any other aspect of U.S. healthcare. Of course, the coronavirus will alter these projections. Below, I speculate how COVID-19 and its aftermath will affect healthcare and prescription drug spending. Prediction is very difficult, especially if it's about the future. Feel free to add your own outlook in the comment section below. Read more » Full Article Costs/Reimbursement Hospitals Industry Trends Physicians
the Four Unexpected Ways that the COVID-19 Medicaid Boom Will Affect PBM and Pharmacy Profits By feeds.feedblitz.com Published On :: Wed, 15 Apr 2020 11:00:00 +0000 The U.S. economy is in a medically-induced coma. Unemployment is soaring. Companies are teetering on the brink of bankruptcy. It is unclear when our lives will return to their pre-pandemic state.One thing seems apparent: As people lose jobs and health insurance, Medicaid enrollment will jump, perhaps by as much as 20% to 30%. This will have profound implications for the drug channel.Today, I focus on how this increase will affect retail pharmacies and pharmacy benefit managers (PBMs). Below, I review Medicaid enrollment trends, how states manage prescriptions, and the factors driving the coming boom in Medicaid enrollment. As I explain, many (but not all) retail pharmacies will benefit from Medicaid growth. PBMs, however, will not fare as well. Read on and see if you agree.In early May, Drug Channels Institute will host two live video webinars: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies (May 1) and Industry Update and COVID-19 Impact: PBMs & Payers (May 8). CLICK HERE TO LEARN MORE AND SIGN UP. DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund.Read more » Full Article Health Insurance Exchanges Industry Trends Medicaid PBMs Pharmacy Pharmacy Economics
the Three Early Signs That COVID-19 Could Disrupt the Buy-and-Bill Channel By feeds.feedblitz.com Published On :: Tue, 21 Apr 2020 11:30:00 +0000 Will home infusion growth be a long-overdue correction for the buy -and-bill channel or a temporary blip that will soon vanish?For some time, I have been tracking the evolution of the buy-and-bill system for provider-administered drugs. The data have shown that hospital outpatient departments have been displacing physician offices. Amid this shift, home infusion providers have accounted for a minority of commercial medical benefit spending and a tiny share of Medicare Part B spending.However, the coronavirus pandemic is triggering new growth in home infusion for buy-and-bill products. Below, I highlight the early signs of a marketplace change. I believe that some of these short-term shifts in the buy-and-bill market will persist even after we have recovered from COVID-19. They may even slow the runaway growth of the 340B Drug Pricing Program. If not, then I suppose we'll just keep living in a world with limited home infusion over and over.In early May, Drug Channels Institute will host two live video webinars: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies (May 1) and Industry Update and COVID-19 Impact: PBMs & Payers (May 8). CLICK HERE TO LEARN MORE AND SIGN UP. DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund. Watch my video invitation below.Read more » Full Article Buy-and-Bill Channel Management Hospitals PBMs Physicians Specialty Drugs
the The Top 15 Specialty Pharmacies of 2019: PBMs Stay On Top By feeds.feedblitz.com Published On :: Tue, 28 Apr 2020 11:30:00 +0000 In Drug Channels Institute's list of the top 15 pharmacies of 2019, we show that many of the largest U.S. pharmacies are now central-fill mail and specialty pharmacies operated by PBMs and insurers. To complement that broader ranking, we present below our exclusive list of the top 15 pharmacies based on specialty drug dispensing revenues. Consistent with our previous analyses, PBMs and insurers have retained their dominance over specialty drug channels, while smaller pharmacies are facing increased competition and profit pressures. I see upside for specialty pharmacies in the aftermath of the pandemic. This growth will come at the expense of provider-administered drug channels. I expect the top companies’ share will increase in 2020, due to mergers and business transitions among the largest PBMs. However, the increasing role of government payers may create opportunities for smaller pharmacies. This Friday, I’ll discuss how COVID-19 will affect the specialty pharmacy market during the first of my two live video webinars.Over the next two weeks, Drug Channels Institute will host two live video webinars: Industry Update and COVID-19 Impact: Retail & Specialty Pharmacies (May 1) and Industry Update and COVID-19 Impact: PBMs & Payers (May 8). CLICK HERE TO LEARN MORE AND SIGN UP. Contact Paula Fein (paula@drugchannelsinstitute.com) for our special promo codes for multiple viewing sites. DCI will donate 20% of all profits from these events to The Center for Disaster Philanthropy’s COVID-19 Response Fund.Read more » Full Article Industry Trends Mergers and Acquisitions PBMs Pharmacy Specialty Drugs
the Express Scripts + Prime Therapeutics: Our Four Takeaways From This Market Changing Deal (rerun) By feeds.feedblitz.com Published On :: Tue, 05 May 2020 11:30:00 +0000 This week, I’m rerunning some popular posts while I prepare for this Friday’s video webinar: Industry Update and COVID-19 Impact: PBMs & Payers. I suspect this deal will remain profitable for the participating companies even as COVID-19 alters the US. prescription payer mix. Click here to see the original post and comments from January 2020. National market shares for the largest PBMs in 2019 appears as Exhibit 88 of our 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers.P.S. Sorry that today's meme is one day too late for Star Wars day.Just before the holidays, Cigna’s Express Scripts business announced a market-changing deal with Prime Therapeutics. Click here to read the press release.There's been very little written about this transaction, though it has potentially major implications. Below, I share my thoughts on the following topics arising from the deal:Implications for manufacturers and pharmaciesThe role of the secretive Ascent Health Services What this all means for WalgreensWhy the Federal Trade Commission won’t challenge the dealA few weeks ago, I explained why integrated insurer / PBM / specialty pharmacy / provider organizations are poised to restructure U.S. drug channels. The Express Scripts / Prime deal signals that the channel will continue its amazing pace of reinvention.The scale, scope, and interconnectedness of today’s market participants make the system increasingly resistant to massive disruption from either external players like Amazon or a government takeover. Like it or not, the channel will continue to gain power and extract profit. Read on and see if you agree.Read more » Full Article Channel Management Group Purchasing Organizations (GPOs) Industry Trends Mergers and Acquisitions PBMs
the Express Scripts vs. CVS Health: Five Lessons From the 2020 Formulary Exclusions and Some Thoughts on Patient Impact (rerun) By feeds.feedblitz.com Published On :: Thu, 07 May 2020 11:30:00 +0000 This week, I’m rerunning some popular posts while I prepare for this Friday’s video webinar: Industry Update and COVID-19 Impact: PBMs & Payers. Today's rerun highlights one of the most effective tactics that PBMs have developed to extract deeper discounts from brand-name drug makers. COVID-19 seems likely shift the U.S. payer mix away from commercial health plans. Expect even tighter formulary management and more restrictions as PBMs work even harder to cut costs for their plan sponsor clients. Click here to see the original post and comments from January 2020.For 2020, the two largest pharmacy benefit managers (PBMs)—Express Scripts and the Caremark business of CVS Health—have again increased the number of drugs they have excluded from their standard formularies. The 2020 formulary exclusion lists are available below for your downloading pleasure.Below, I highlight my key takeaways from the 2020 lists:The number of exclusionsManagement of specialty drugsIndication-based formulariesThe slow adoption of biosimilarsThe PBMs’ patient-unfriendly exclusions in the hepatitis C categoryFormulary exclusions have emerged as a powerful tool for PBMs to gain additional negotiating leverage against manufacturers. The prospect of exclusion leads manufacturers to offer deeper rebates to avoid being cut from the formulary. Exclusions are therefore a key factor behind falling brand-name net drug prices.Read on for a look at this year’s exclusions along with some closing thoughts on what exclusions mean for patients.Read more » Full Article Benefit Design Biosimilars PBMs Specialty Drugs
the Early Detection: A New Front in the War on Cancer By blogs.scientificamerican.com Published On :: Wed, 06 May 2020 11:00:00 GMT Blood tests that find malignancies before they spread could transform our approach to treatment -- Read more on ScientificAmerican.com Full Article Health Medicine