GLG News by Medical Tourism Experts

It's easy to point fingers of blame and this article does that, very well.  According to the "annalysis" everybody is to blame.  And, they're right, everyone is to blame, but where the article fails is the authoris inability to point out a real solution to the problem of wasted dollars spent...

Over the last year, it has become clear that the over-use of anemia drugs for cancer and renal failure has become a problem.  The reason can be sumed up in one word, which is profit.

For the first time a major comprehensive authoritative national study (by PricewaterhouseCoopers, LLP) has concluded that over one half of the nation's $2.2 trillion in annual health spending (fully $1.2 trillion) is wasted.  Other studies have put this percentage in the 25 to 40% range. ...

This is a better target than IL-5.  But some of the issues are the same.

The battle between hype and hope continues.

To call these result positive is to be very optimistic.

Another anti-TNF for Crohns Disease.  How will it stack up against the competition?

Increasing interest rates and debt service, a Decrease in available cash, a Migration to more fixed rate borrowing and appeals to state governments for assistance, a delay in physical plant additions/upgrades

The Medicare Program stunned much of the hospital world last year when they stated that beginning in October, 2008 (Federal Fiscal Year 2009) it would no longer pay for the costs Medicare patients generated for their treatment of eight conditions not present on admission which were likely the result...

To paraphrase, rumors of big pharma's demise are vastly exaggerated.