Everywhere we turn today, we hear news about the “opioid” crisis; lives have been impacted throughout the U.S. and North America as some who’ve taken opioids for pain management have become addicted, while others get their “fix” on the streets. Recently in pharma news, it was announced that Takeda Pharmaceuticals International AG will use an e-Lockout device that essentially limits …
Pharma News – Novartis Given Green Light On Biosimilar Of Neupogen
Recently in pharma news, in a 9 – 0 ruling, the U.S. Supreme Court overturned a lower court’s decision that prevented Novartis from selling its biosimilar version of Neupogen, a drug made by California-based Amgen Inc. Prior to the ruling, biosimilar drugs (also referred to as “copycat” versions of other drugs) could not be put on the market until six …
Insurance Companies Paying Drug Makers Based On Patient Outcomes
It’s no secret that pharmaceutical drug prices continue to soar, however recent news reports have revealed that some of the major health insurance companies are choosing to pay drug makers per negotiated contracts based on patients’ outcomes, as value-based care becomes more prominent in the pharmaceutical industry. Some of the major players using the value-based model include Cigna, Aetna, Blue …
FDA To Lower Pharmaceutical Prices By Increasing Generic Drugs
On May 25, FDA Commissioner Scott Gottlieb told House lawmakers that the Food and Drug Administration intends to take steps to lower drug prices by increasing generic drug competition. Gottlieb announced the FDA hiring freeze placed on the agency by the Trump administration is over, and that the FDA will have clear and more frequent communication with developers of generic …
How Pharmacies And Pharma Could Work Hand-In-Hand
Pharmaceutical companies should take note as pharmacies are becoming more and more a “one-stop” shop for the health and wellness needs of patients, according to a recent McCann Health white paper. The research focuses on the fact that, as pharmacies become the preferred choice for patients’ healthcare needs, pharmaceutical companies should realize that pharmacists are healthcare professionals who are highly …