May 6, 2008
DXA Reimbursement Reductions: Implications for Quality Osteoporosis Care, Marjorie Luckey, MD and Roberta Biegel (Washington, DC: National Osteoporosis Foundation, Winter 2005) | osteoporosisblogger.com
It is well known that millions of people in the US suffer from osteoporosis which leads directly to debilitating fractures. Early diagnosis of osteoporosis and low bone mass will help prevent chronic pain and loss of independence. Once diagnosed, treatment is readily available and effective. DXA of the hip and spine (central DXA) is the imaging procedure recommended for this diagnosis and monitoring for the effectiveness of treatment. However, without legistative action, patient access to the central DXA may be compromised.
Straight Talk From Cardinal Health’s George Barrett
May 5, 2008
Cardinal Health FY3Q Net Soars On 2007 Charges | online.wsj.com
George Barrett, the new CEO of Cardinal Health’s (CAH) Healthcare Supply Chain Services division, was refreshingly blunt in describing the need to “turnaround” the drug distribution business on last Thursday’s earning conference call. He described the company’s market share challenges with independent pharmacies following the disruption of controlled substances distribution at four locations. It’s encouraging that Mr. Barrett recognizes the challenges of the “enforcement” role that has been thrust upon the company by the DEA.
McKesson Avoids Major DEA Impact
May 5, 2008
McKesson settles DEA "lifestyle drug" claims | www.reuters.com
McKesson (MCK) announced a settlement with the DEA that temporarily suspends distribution of two controlled substances from two of its distribution centers. I presume that McKesson has learned some lessons from Cardinal Health’s (CAH) troubles so the marketplace impact should be less severe.
Risks when Politicians Tackle Supply Chain Security
May 1, 2008
Lawmakers Fault FDA on Heparin | online.wsj.com
The Heparin contamination has pushed the security of America’s pharmaceutical supply chain to the forefront of the news. I’m not yet sure how politician’s newfound involvement in the topic will play out. America needs to harmonize its own internal standards for the pharmaceutical supply chain, but politicians’ protectionist instincts may limit genuine progress.
The AMP Pharmacy Reimbursement Saga Drags On
May 1, 2008
NACDS, NCPA Seek to Amend AMP Lawsuit Challenging CMS' Interim Final Rule Redefining “Multiple Source Drug” | www.nacds.org
There are some new developments for Average Manufacturer Price (AMP), although the situation has now devolved into a somewhat arcane legal battle. Unless there is a legislative fix (unlikely), then I expect that Center for Medicare and Medicaid Services (CMS) will punt this issue to the next administration in 2009. So, we are not very close to resolution, which is perhaps a small net benefit to pharmacies and wholesalers.
National Supply Chain Security Standards Will Benefit Everyone
April 21, 2008
NACDS Urges Congress to Refrain from Mandating Prescription Drug E-Pedigree Requirements | www.nacds.org
The movement to make the pharmacy supply chain safer just took a huge step forward with Friday’s introduction of H.R. 5839 Safeguarding America’s Pharmaceuticals Act of 2008. The bill is co-sponsored by Representatives Steve Buyer (R-IN), Gene Green (D-TX), Jim Matheson (D-UT), and Mike Rogers (R-MI). I enthusiastically support this bill, which finally offers Federal preemption of the multiple disorganized, uncoordinated, and underfunded state-level mandates. Ultimately, patients will be the biggest beneficiaries of a more secure supply chain. Strangely, the chain pharmacy industry association, which represents companies such as CVS Caremark (CVS) and Walgreens (WAG), is opposing the new legislation.
Tainted Heparin Will Mean More Scrutiny of Drug Manufacturers
April 21, 2008
UPDATE: FDA Head Sees Economic Fraud Behind Tainted Heparin | www.reuters.com
Regardless of the reason (greed, carelessness, incompetence, etc.) that Chinese heparin became tainted, the end result will be increased scrutiny on imported raw materials and other ingredients, not only from China, but from all 3rd World suppliers. How the FDA and other regulatory agencies actually intend to step up the scrutiny is still open to debate, but the ultimate responsibility lies with the license holder.
AtheroGenics' AGI-1067 Shows Some Promise, But There Are Still Questions
April 16, 2008
AtheroGenics Announces Encouraging Interim Results From Phase 3 Clinical Trial of AGI-1067 in Type 2 Diabetes | www.fiercebiotech.com
The 3-month reduction in HbA1c demonstrated by AGI-1067 is promising, but I still have many questions regarding the design and outcomes. There are many existing therapies that lower A1c - many have undesireable side effects like weight gain or hepatotoxicity.
Cubist's Antibiotic Cubicin is Tainted: A Mess Not of Their Doing? Maybe, Maybe Not.
April 14, 2008
Cubist Finds Its Antibiotic Cubicin Is Tainted | online.wsj.com
The news that Cubist's Cubicin has been contaminated with 2-mercaptobenzothiazole (MBT) has caused great concern for patients. It appears that the MBT has leeched out of the Cardinal Health ReadyMED drug pumps that are used for delivering Cubicin. Regardless of who is at fault, everyone involved (Cubist, Cardinal, the FDA, doctors, and patients) have good reason to worry.
Big Premium in the McKesson–McQueary Deal
April 11, 2008
McKesson Corporation to Acquire McQueary Brothers Drug Company | www.mckesson.com
McKesson (MCK) is acquiring McQueary Brothers Drug Company, one the few remaining regional drug wholesalers in the U.S. McKesson is paying a substantial premium for the McQueary’s business, although the deal could be justified given today’s pharmacy industry dynamics. Will the higher price lure the remaining regional wholesalers to sell out, further concentrating the channel for manufacturers and independent pharmacies?
What is potential future for Sequenom in prenatal testing.
November 9, 2009
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Express Scripts feeling Growing Pains
October 29, 2009
CDC Outlines H1N1 Test Guidelines
October 8, 2009
Why Health Care Costs Keep Rising—And What to Do About It
September 13, 2009