Patients Unable to Switch to a Generic
Patients are often told to ask for the cheaper, generic version of a drug, but that option might not always be available to them. According to an investigation by The New York Times and ProPublica, pharmaceutical companies cutting deals mean some consumers have to shell out the extra cash for a brand name drug. Adderall has been the perfect example with the brand name drug having continued success despite generic competitors. The practice is even spreading to biosimilars—UnitedHealthcare told health providers it preferred Johnson & Johnson’s rheumatoid arthritis drug Remicade over the cheaper biosimilars coming to the market.
Reducing Opioid Manufacturing
The Drug Enforcement Agency (DEA) is proposing reducing the amount of opioids manufactured for 1 year. With the country struggling with an epidemic of opioid abuse, the DEA has suggested cutting production by 20% on opioids and other controlled substances, reported Reuters. The announcement comes on the heels of Attorney General Jeff Sessions’ plan to go after doctors and pharmacies who over-prescribed opioids. The DEA proposal will be open for comment for 30 days.
Improving How We Test for Alzheimer’s
Scientists are working to develop an Alzheimer’s test that is more accurate, cheaper, and less invasive. NPR reported that scientists have presented early data on a blood test and a brain imaging technique to replace the current biomarker tests, which can be expensive or require special technology. Getting a cheaper test to the market could mean screening the population more broadly for people at high risk of the disease before focusing the more expensive efforts to treat them or prevent them from getting Alzheimer’s.
How Health Care Institutions Can Leverage Biosimilars to Generate Savings
August 17th 2022On this episode of Managed Care Cast, Ryan Haumschild, PharmD, MS, MBA, from Emory Healthcare and the Winship Cancer Institute, explains the evolution of biosimilar pharmacoeconomics and the different strategies that health care institutions can implement to reap the benefits of biosimilar savings.
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5 Key Drug Approvals and CRLs in 2024
December 27th 2024In 2024, multiple drugs received complete response letters (CRLs), sometimes unrelated to the safety and efficacy of the drug, but patients with schizophrenia gained the first new treatment with a new mechanism of action in decades.
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From Approval to Practice: Addressing the Hurdles in Biosimilar Integration
December 12th 2024Recent discussions at an Institute for Value-Based Medicine event highlighted the significant potential of biosimilars in reshaping the health care landscape, despite facing considerable barriers to adoption.
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