Saturday, July 31, 2010

Little Pricey Pill - Forbes.com

Nexium is a parable of what's wrong with health care.


Along with so many other things, keeping a lid on spending seems to have gotten lost in the health care overhaul. Individuals lose some incentive to save a couple of bucks by having fewer tax-free dollars in their health savings accounts. A panel to oversee Medicare disbursements based on the cost of clinical effectiveness of treatments--zapped, thanks to intense lobbying by drugmakers, doctors and every other medical interest group. That leaves medical providers and health plans, which have little motivation, unless the employers who buy insurance turn the screws.

They rarely do. But Edward Kaplan, a New York City health care consultant, last year came up with a simple way to save a pile of money for a Boston union representing supermarket workers: Its medical plan stopped covering Nexium, saving $133,000. The heartburn medicine is a $5 billion blockbuster for its manufacturer, AstraZeneca ( AZN - news - people ). At $2,000 for a year's supply, it was the union plan's second-most-prescribed pill, accounting for 5% of all drug costs. But its active molecule is almost identical to the one you get in cheap over-the-counter versions of Prilosec.

Prescription drug spending is maybe 10% of the total health pie--$234 billion in 2008--and rising at 3% a year. Still, "cutting Nexium saved a big chunk," Kaplan says.

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"AstraZeneca remains committed to a strong defence effort, but will also continue to participate in good faith in the court-ordered mediation process"

Sanofi’s Genzyme Bid May Need to Reach $80 to Win Investors - BusinessWeek

Sanofi’s Genzyme Bid May Need to Reach $80 to Win Investors - BusinessWeek: "Sanofi-Aventis SA may have to pay at least $80 a share, or $21.3 billion, to acquire genetic-disease drugmaker Genzyme Corp. as activist directors drive up the price, investors in the U.S. biotechnology company say.

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Novartis Plans Giveaway of New Children’s Medicine - NYTimes.com

Novartis Plans Giveaway of New Children’s Medicine - NYTimes.com: "The Swiss drug giant Novartis plans to give away up to 250,000 bottles of its new liquid children’s medicine, Triaminic Fever Reducer Pain Reliever, in an effort to woo parents frustrated by a nationwide recall and shortage of a competing product — liquid children’s Tylenol.

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Jim Edwards' Placebo Effect

http://www.bnet.com/blog/drug-business

Former pharmaceutical rep. turned whistleblower, K.L. Carlson writes


"Unlimited spending! Schedule all the programs you can." That was the management directive announced at the regional business meeting I attended when I first became a pharmaceutical rep. When I heard the announcement I felt like I was on an Enron train that was roaring down the tracks, and the company expected everyone to be on board. The company was giving its sales force unlimited funds to hire physicians as paid speakers, sometimes to influence other physicians to prescribe the company's drugs, at other times to simply financially reward physicians who wrote high volumes of prescriptions every month for the company's drugs.

Former Merck regional sales manager, Gene Carbona, told the New York Times that the only thing the company considered when selecting physicians to provide presentations was "the volume or potential volume of prescribing that the doctor could do." This is true of all pharmaceutical companies. According to The Wall Street Journal (August 31, 2009), Eli Lilly alone paid physicians $22 million dollars in just the first quarter of 2009.

The higher a physician is on the influential ladder, the greater the financial rewards to be reaped. Pharmaceutical companies pay influential leaders who can sway public opinion and influence research. And the area of medicine receiving the greatest amount of pharmaceutical money is psychiatry. The American Psychiatric Association (APA) is the most drug industry financially supported medical association. In July 2008, Senator Charles Grassley's demands that the APA provide an accounting of its finances revealed that in 2006 the pharmaceutical industry accounted for about 30 percent of the APA's financing; more than $20 million dollars.

The New York Times found psychiatrists were paid more by drug companies than any other medical specialty in Minnesota, the only state requiring full reporting of financial relationships between physicians and drug companies. Between 1997 and 2005 psychiatrists in Minnesota collected $6.7 million from drug companies. The New York Times also found drug companies were not selective about psychiatrists paid to conduct clinical trials of drugs. At least 103 of the physicians had been disciplined, criticized, or had their license to practice revoked by the Minnesota state medical board. In the case of one psychiatrist, the FDA concluded he had violated the protocols of every drug study he led that the FDA had audited. The FDA found he had reported inaccurate data to the drug makers. Despite all this, drug makers continue to hire this psychiatrist.

Senator Grassley continues to investigate the strong financial ties between the pharmaceutical industry and influential physicians. His efforts have disclosed drug industry payments to individual psychiatrists in extremely influential positions. Such as former Director of the National Institute of Mental Health (NIMH) and former radio host, Dr. Frederick K. Goodwin, who was taking money from drug companies and promoting their psychiatric drugs on his weekly National Public Radio (NPR) program, "The Infinite Mind." Dr. Goodwin never warned the public about the extremely dangerous side effects of psychiatric drugs. When the head of NPR learned of Dr. Goodwin's financial relationships to pharmaceutical companies, the program was ended.

Based on his investigations, Senator Grassley accused the APA current president-elect, Alan F. Schatzberg, MD, chairman of psychiatry at Stanford University, of failing to disclose ownership of about $6 million in shares in Corcept Therapeutics. Dr. Schatzberg is listed as principal investigator of a government-funded trial of a drug Corcept is trying to commercialize.

In October 2008, Sen. Grassley discovered that Charles Nemeroff, M.D., Chairman of Psychiatry at Emory University, had earned more than $2.8 million in consulting fees from pharmaceutical companies from 2000 2007. During that time Dr. Nemeroff was researching drugs with government money in the form of NIH grants. He failed to report this income to Emory and violated federal research rules.

Another influential psychiatrist at Emory Senator Grassley's investigations disclosed had strong relationships with drug companies is Dr. Zachary Stowe. Senator Grassley uncovered an email that demonstrates the degree of control that drug companies have with physicians in influential positions. The email was sent to the pharmaceutical company GlaxoSmithKline (GSK) from a public relations firm that worked for them. GSK is the manufacturer of Paxil, an antidepressant drug with severe side effects, including suicide. The email was titled "For Your Review/Paxil Breast Milk Press Release." The email states:

"Please review the attached press release and forward me anycomments/edits. As you may know, Dr. Stowe is on boardfor publicity efforts and name withheld and I are coordinatingtime to meet with him next week to arm him with the keymessages for this announcement, which is slated for earlyFebruary. We are sending the release for your review at thesame time in efforts to secure distribution on Emory letterhead(as you know, would provide credibility to data for the media)"

GSK paid Dr. Stowe at least a quarter of a million dollars in 2007 and 2008 according to Sen. Grassley's investigations. Dr. Stowe also received money to promote psychiatric drugs from Eli Lilly, Bristol-Myers Squibb, Pfizer, and Wyeth. (See my website to learn about the severe health risks to fetus and infants when pregnant women and nursing mothers take antidepressant drugs.)

Two child psychiatrists from Harvard Medical School, Dr. Joseph Biederman and Dr. Timothy E. Wilens, reported to Senator Grassley that they each earned several hundred thousand dollars from drug companies from 2000 to 2007. However it was found they each earned at least $1.6 million. Dr. Bierderman's support of the use of powerful antipsychotic drugs in children led to a sharp increase in the use of these dangerous drugs in children as young as three years old.

While psychiatrists are being paid by pharmaceutical companies to promote psychiatric drugs, people who are taking the drugs are dying. One in 145 adults died in clinical trials of those taking the antipsychotic drugs Zyprexa, Risperdal, or Seroqual according to FDA data. Dr. Biederman has financial ties with Johnson and Johnson, owners of the company that makes Risperdal.

"We know the drug companies are throwing huge amounts of money at medical researchers, and there is no clear-cut way to know how much and exactly where," Senator Grassley said in a news release.

The public and practicing physicians cannot trust the research results and the promotion of drugs by what appears to be eminent sources. The pervasive financial control by the pharmaceutical industry has destroyed their credibility, and left us in a position where:

Hearing the truth about drugs is like trying tohear a mouse tap dance during a hurricane.

References:

"Eli Lilly's Payments to Doctors Revealed" by Shirley S. Wang, The Wall Street Journal, July 31, 2009.

Minnesota psychiatrists is from "After Sanctions, Doctors Get Drug Company Pay," by Gardiner Harris and Janet Roberts, The New York Times, June 3, 2007.

"Radio Host Has Drug Company Ties" by Gardiner Harris, The New York Times, Nov. 21, 2008.

"Grassley Seeks More Info on Conflict of Interest Policies at Medical Schools" by Evelyn Pringle, website lawyersandsettlements.com, June 25, 2009.

"Psychiatric Group Faces Scrutiny Over Drug Industry Ties," by Benedict Carey and Gardiner Harris, The New York Times, July 12, 2008.

FDA data for deaths in clinical trials is from Allen Jones' whistle-blower article,http://psychrights.org.

http://www.opednews.com/articles/Pharmaceutical-Industry-an-by-K-L-Carlson-100727-454.html?

Friday, July 30, 2010

AstraZeneca Settles Nearly 4,000 Seroquel Injury Claims; Terms Confidential

LONDON - (Mealey's) AstraZeneca PLC said July 29 that it has agreed in principle to settle with nearly 4,000 Seroquel product liability plaintiffs.
The company said settlement terms are confidential.
In notes to its second-quarter financial report, AstraZeneca said that as of July 27, mediation ordered by Judge Anne C. Conway in the Seroquel multidistrict litigation in the U.S. District Court for the Middle District of Florida "has resulted in agreements in principle on monetary terms, subject to various subsequent conditions, approvals and agreement on non-monetary terms, with the attorneys representing nearly 4,000 claimants."
"The specific terms of those conditional agreements in principle are by agreement, and at the request of the mediator, confidential at this time but would not be material in the context of the Company's quarterly results," AstraZeneca said.
As of June 29, AstraZeneca said it was defending against 10,363 served or answered Seroquel lawsuits in the United States involving 22,412 plaintiff groups.  It said about 72 percent of the cases are in state courts, primarily Delaware, New Jersey, New York and Alabama.  The remaining 28 percent are in the MDL court.
As of July 8, the Judicial Panel on Multidistrict Litigation reported that there were 6,217 active MDL cases, down from a high of 8,187.
Claims of about 1,000 plaintiffs are consolidated in one federal court in California, AstraZeneca said.
In addition, AstraZeneca said it is aware of about 176 additional cases representing about 3,661 plaintiffs that have been filed but not yet served.  It said some of the cases involve other drug manufacturers, such as Eli Lilly and Co., Janssen Pharmaceutica Inc. and/or Bristol-Myers Squibb Co.
As of 29 June 2010, AstraZeneca was defending 10,363 served or answered lawsuits in the US involving 22,412 plaintiff groups. To date, approximately 2,901 additional cases have been dismissed by order or agreement and approximately 1,826 of those cases have been dismissed with prejudice. Approximately 72% of the plaintiffs’ currently pending Seroquel claims are in state courts (primarily Delaware, New Jersey, New York, and Alabama) with the other approximately 28% pending in the federal courts. Although most of the federal cases have been consolidated for pre-trial purposes into a Multi-District Litigation (MDL) in the Middle District of Florida, the claims of approximately 1,000 plaintiffs have been consolidated before a single federal court in California.
AstraZeneca is also aware of approximately 176 additional cases (approximately 3,661 plaintiffs) that have been filed but not yet served and has not determined how many additional cases, if any, may have been filed. Some of the cases pending against AstraZeneca also include claims against other pharmaceutical manufacturers such as Eli Lilly & Company, Janssen Pharmaceutica, Inc. and/or Bristol-Myers Squibb Company.
The MDL Court on 13 May 2010 issued its Final Pretrial Order and Suggestion of Remand, and the Judicial Panel for Multi-District Litigation (JPML) on 21 June 2010 issued its Conditional Remand Order, which AstraZeneca intends to oppose.
As previously disclosed, the first Seroquel product liability trial was conducted by a New Jersey state court and resulted in a jury verdict in favour of AstraZeneca on 18 March 2010. The jury found that AstraZeneca adequately warned the plaintiff’s physicians of the risks of diabetes from treatment with Seroquel. Plaintiffs have appealed that jury verdict.
Although five cases had been scheduled to start trials before the Federal District Court for the Middle District of Florida beginning in July 2010, the plaintiffs voluntarily dismissed the cases with prejudice before trial. At present, trials have been set in multiple jurisdictions where the courts are presiding over consolidated cases, including Delaware, New Jersey, and the Federal District Court for the Middle District of Florida. Additionally, a single case pending in California state court has been set for trial. These trial settings begin in November 2010 and continue through 2012.
Judge Anne Conway, who is presiding over the Seroquel federal Multi-District Litigation, ordered the parties to mediate their claims with a court-appointed mediator. The mediation process is ongoing, with meetings scheduled with multiple firms throughout the summer.
During July 2010, and as of 27 July 2010, that mediation process has resulted in agreements in principle on monetary terms, subject to various subsequent conditions, approvals and agreement on non-monetary terms, with the attorneys representing nearly 4,000 claimants. The specific terms of those conditional agreements in principle are by agreement, and at the request of the mediator, confidential at this time but would not be material in the context of the Company’s quarterly results.
As of 30 June 2010, legal defence costs of approximately $711 million have been incurred in connection with Seroquel-related product liability claims. The first $39 million is not covered by insurance.
AstraZeneca has product liability insurance dating from 2003 that is considered to respond to the vast majority of the Seroquel-related product liability claims. This insurance provides cover for legal defence costs and potential damages amounts. The insurers that issued the applicable policies for 2003 have disputed coverage for Seroquel-related product liability claims on various grounds. In April 2010, AstraZeneca settled its claims against several of its insurers for legal costs incurred defending the Seroquel-related product liability claims immediately in excess of AstraZeneca’s self-insured retention for an amount approximately equal to the receivable that had been recorded and as a result there will be no further impact on Group profit arising from this insurance settlement.
AstraZeneca currently believes that there are likely to be disputes with the remainder of its insurers about the availability of coverage under additional insurance policies. As of 30 June 2010, legal defence costs of approximately $96 million have been incurred in connection with Seroquel-related product liability claims which AstraZeneca believes to be covered by these additional insurance policies.
AstraZeneca believes that it is more likely than not that further insurance recoveries will be secured under the additional policies, but there can be no assurance of this or the amount of any potential future recovery.
In addition, given the status of the litigation currently, legal defence costs for the Seroquel claims, before damages, if any, are likely to exceed the total stated upper limits of the applicable insurance policies.

Medical News: TZD Use Linked to Fracture Risk in Women 50 and Older - in Endocrinology, Diabetes from MedPage Today

Patients with type 2 diabetes may face an increased fracture risk when treated with thiazolidinedione (TZD) drugs, data from a large observational study suggest.

Use of rosiglitazone (Avandia) or pioglitazone (Actos) was 70% more common among postmenopausal women with diabetes and a history of fractures, compared with a matched control group without fractures. Among diabetic men with a history of fractures, concurrent use of a TZD and a loop diuretic was more than three times as common as in similar men with no history of fractures.

Fracture risk was associated with TZD dose, but the risk was similar for rosiglitazone and pioglitazone, suggesting a class effect, William Herman, MD, of the University of Michigan in Ann Arbor, and co-authors wrote in an article published online in the Journal of Clinical Endocrinology and Metabolism.

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Novo Nordisk, Lilly, Novartis Said to Bid for Ascendis Pharma - Bloomberg

Ascendis has a technology that allows drugs to be released into the body in a controlled way over time, according to its website. The company focuses on hormone-related disorders and is developing a human growth hormone that can be taken once a week. It’s also developing new formulations of approved medicines and products for central nervous system and infectious diseases, according to the website.

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Calcium Supplements Raise Heart Attack Risk by 30% in Study of 11 Trials - Bloomberg

Patients who took calcium increased their risk of a heart attack by about 30 percent, according to researchers who said the use of dietary supplements for preventing and treating osteoporosis should be reviewed.

In five studies with more than 8,000 patients, half of whom were on calcium, the supplement users had 143 heart attacks during the research compared with 111 for people on placebo, scientists from New Zealand, the U.K. and the U.S. wrote today in the British Medical Journal. The risk was greatest when calcium intake from food was above average, regardless of patients’ age or sex, according to the analysis.

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Iraq - money


Hat tip: Good

BioWorld Today - How Much Is Genzyme Worth? Sanofi Bid Rumored at $18.7B - By Jennifer Boggs

Shares of Genzyme Corp. continued climbing Thursday amid rumblings of a possible $70-per-share bid from Sanofi-Aventis SA, but whether $18.7 billion is a fair takeout price for the Cambridge, Mass.-based biotech clearly remains up for debate.

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stltoday.com - a great editorial on Avastin

Two things about the cancer-fighting drug Avastin stood out when it entered the market in 2004.

The first was its promise. Avastin is part of a new generation of drugs that block the formation of blood vessels needed to nourish tumors. It was given "accelerated approval" for breast cancer treatment by the U.S. Food and Drug Administration.

The second was its staggeringly high price. A full year's treatment could cost $100,000 or more. Genentech, the firm that developed the drug, capped Avastin's cost at $57,000 a year - but only for patients taking it to treat cancers for which it is approved by the FDA. For other, so-called "off-label," uses each dose of Avastin costs about $13,700.

That's a lot of money, but it could be a bargain for someone who's dying of cancer - a person with little time and no other good treatment options.

But the evidence for Avastin's effectiveness always was mixed. In early testing on breast cancer, it was shown to prevent tumors from growing, but not to extend the lives of patients who took it. Two newer studies have shown even less benefit.

Last week, an advisory panel recommended that the FDA withdraw its approval of Avastin as a treatment for breast cancer.

It's not clear when the FDA might act on its advisory panel's recommendation. If the agency does withdraw its approval, it would have big financial implications for women with advanced breast cancer.

Insurance companies immediately would stop covering the drug. Doctors could continue to use it to treat breast cancer, but patients would have to pay for it themselves. Most would be unable to afford it.

That raises some tough questions: Should the FDA continue its approval of Avastin for breast cancer so that insurance companies would continue to pay for it?

Would that be a good thing for patients or simply a waste of money for the rest of us? Or, if the FDA does pull its approval, should patients even try to come up with money to pay for it on their own?

Studies convinced 12 of 13 experts on the advisory panel that Avastin simply is not effective against breast cancer.

But some doctors disagree. They say that because it slows the growth of cancerous tumors, the drug can dramatically improve the quality of life for people with serious cancer. How much is quality of life worth?

In 1998, The New York Times reported on the work of Dr. Judah Folkman, the brilliant researcher who first envisioned killing cancer by starving tumors of blood.

One quote in the article really created a splash: "Judah is going to cure cancer in two years," predicted Dr. James Watson, a Nobel Prize winner.

The new drugs helped, but they haven't cured cancer. They have further complicated the fundamental conundrum of U.S. health care: How to find the proper balance between the costs and benefits of new treatments and technology.

The FDA deserves credit for reviewing the evidence on Avastin. Some other drugs that were granted accelerated approval have not received such scrutiny.

The agency should follow its experts' recommendations and withdraw approval of the drug for breast cancer.

That will be unpopular with cancer patients and their families. The FDA should make drug-approval decisions based on science, not on hopes and promises.

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Cerebral palsy sufferer broke both legs on 'healing pilgrimage' - Telegraph

A cerebral palsy sufferer took a pilgrimage to Lourdes in the hope it would help her condition returned home with two broken legs after falling from a hoist.

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BBC News - Addiction drugs may boost weight loss

A combination pill of two drugs used to treat addiction may help people lose weight, say US researchers.

The Lancet reports that Naltrexone, commonly used to treat alcoholics and heroin addicts, and the anti-smoking drug bupropion led to greater weight loss than diet and exercise alone.

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Thursday, July 29, 2010

Sanofi CEO Talks Merger Philosophy « The Science Business - Forbes.com

Sanofi CEO Talks Merger Philosophy « The Science Business - Forbes.com: "- Sent using Google Toolbar"

PharmaTimes | Industry News | World News | US patients “should have EU-approved drugs”

PharmaTimes | Industry News | World News | US patients “should have EU-approved drugs”: "If, during a 12-month period in 2008 and 2009, the US government had allowed American patients to use new medicines that were approved by the European Medicines Agency (EMA) but not yet by the Food and Drug Administration (FDA), American patients would have had faster access to 17 new medicines out of the entire set of 39, according to the report, published this week by the Pacific Research Institute (PRI), a free-market public policy think tank.

During the 12-month review period, the EMA and the FDA approved a total of 39 new medicines. 15 were approved only by the FDA, 11 were approved only by the EMA and 13 were approved by both regulators. In five of the 13 cases where the FDA and EMA both approved the medicine, the EMA was the first to approve, and it issued those approvals 552 days faster than the FDA, on average. Even if all 13 medicines approved by the FDA and the EMA, the EMA approved those 97 days faster, on average, says report author John Graham.

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FDA considering changes to risky drug safeguards - Health - More health news - msnbc.com

WASHINGTON — Safeguards to protect patients from risky drugs should have less paperwork and more consistency, drugmakers and pharmacy representatives said this week during a U.S. Food and Drug Administration meeting.

The drug industry acknowledged the benefit of so-called risk evaluation and mitigation strategies, or REMS, a set of disclosure and educational tools to protect consumers from drugs with potentially serious side effects.

But it is requesting a lighter regulatory touch. The FDA said it would consider some changes.

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Sanofi Aventis - CEO Chris Viehbacher comments on Q2 earnings and outlook.

Watch the video

AstraZeneca Wins Backing on Drug to Rival Plavix and Replace Aging Drugs - Bloomberg

Outside advisers to the Food and Drug Administration voted 7-1 yesterday in favor of using the AstraZeneca’s Brilinta to reduce the risk of heart attacks, strokes and death in patients with severe chest pain or earlier heart attacks. The panel said concerns that U.S. study participants did worse on the drug than people in other countries may be the result of chance and could be examined in a future trial after the drug is approved.

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Wednesday, July 28, 2010

Pulse - Why the cancer drugs fund is a mistake

Pulse - Why the cancer drugs fund is a mistake: "There can only be one answer - political expediency over evidence.

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2010 Prix Galien USA Candidates Announced: Best in Biopharmaceutical and Medical Technology -- NEW YORK, July 28 /PRNewswire/ --

2010 Prix Galien USA Candidates Announced: Best in Biopharmaceutical and Medical Technology -- NEW YORK, July 28 /PRNewswire/ --: "Final candidates for the Prix Galien USA 2010 Awards are:

Abbott (PLEX ID™)


King Pharma (EMBEDA®)


Pfizer (SUTENT®)


Actelion (VENTAVIS®)


Luminex (xTAG®)


Pfizer (ZYVOX®)


Celgene (ISTODAX®)


Merck (ROTATEQ®)


Sanofi Aventis (MULTAQ®)


Centocor (STELARA™)


Merck (EMEND®)


Theravance (VIBATIV™)


Eisai (BANZEL®)


Novartis (AFINITOR®)



GlaxoSmithKline (VOTRIENT®)


Novartis (COARTEM®)


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Mad for cigarettes

Merck pays settlements in 3,468 Vioxx cases | NJ.com

Merck & Co. paid claims to the families of 3,468 users of its Vioxx painkiller who died of heart attacks or strokes, a court-appointed administrator told a judge today.

A $4.85 billion settlement fund made payments to the families of 2,878 Vioxx users who died of heart attacks and 590 who died of strokes, according to Lynn Greer of BrownGreer LLP, a law firm in Richmond, Virginia, that analyzed 59,365 claims.

Merck pulled Vioxx from the market in 2004 after a study showed it doubled the risk of heart attacks and strokes. Merck set up the fund, which covers claims of death and lesser injuries, in 2007 after reserving $1.9 billion to fight 26,600 Vioxx suits. U.S. District Judge Eldon Fallon in New Orleans has overseen Vioxx lawsuits since February 2005 through a process known as multidistrict litigation.

“It’s a remarkable achievement,” Fallon said at a hearing, describing the MDL as the biggest in U.S. history. “We have really finished the large portion of this litigation.”

Merck won 11 of 16 Vioxx suits at trial before agreeing in 2007 to settle all claims. Merck didn’t admit that Vioxx caused injuries under an accord that set out how BrownGreer was to analyze each claim, weighing such factors as a user’s age, their length of use, and their health risks such as obesity or hypertension.

Of the 59,365 original claims, 1,343 were deemed ineligible, leaving 58,022 potentially eligible claims, said Orran Brown, chairman of BrownGreer. Almost 25,000 claims resulted in no payment, he said. He said today that 99.9 percent of claims were resolved under the settlement program.

via nj.com

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Brilinta? I Think Not. (AZN, BMY, LLY, SNY)

Brilinta? I Think Not. (AZN, BMY, LLY, SNY): "AstraZeneca needs a blockbuster to deal with looming patent expirations, but I don't think Brilinta is the gleaming light that's going to save the British drugmaker.

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Tuesday, July 27, 2010

Jump!

Staff meetings - know the feeling!

AstraZeneca Gains After FDA Staff Recommends Brilinta - BusinessWeek

AstraZeneca Gains After FDA Staff Recommends Brilinta - BusinessWeek: "AstraZeneca Plc gained in London trading after U.S. regulatory staff said the blood-thinner Brilinta is approvable if the drugmaker undertakes a study on its effectiveness in Americans once it’s marketed.

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AEI - Get with generic substitution guys!!

Working Papers logo 130  
 

Brand drugs are generally significantly more expensive than therapeutically equivalent generic products. This report analyzes a large subset of 2009 Medicaid drug data from the Medicaid Drug Rebate Program and identifies multi-source drugs (i.e., products for which there are brand and generic versions) for which there are significant sales of more costly brand products. The results show that states' Medicaid programs engage in a large amount of unnecessary and wasteful drug spending by reimbursing pharmacies for relatively costly brand products when identical generic products are available.

Generic substitution refers to the percentage of total prescriptions for a particular chemical compound, strength, and dosage form filled by a generic. Because there is usually a large price differential between brand and generic drugs, a high generic substitution rate ensures cost-effectiveness in the Medicaid drug program without engaging in policies that affect clinical decisions.

This report assesses wasteful spending in Medicaid by examining specific brand drugs and quantifying the potential savings that could have been achieved had these drugs been replaced with lower-cost, therapeutically equivalent generics that were available but not used. The report bases its conclusions on an analysis of Medicaid drug spending from data made available by the Centers for Medicare & Medicaid Services.

The analysis, which examines a subset of approximately two-thirds of total Medicaid drug spending in 2009, identifies an estimated $271 million of wasteful spending as a result of underutilization of available generics. Had generics been fully substituted for the brands identified, Medicaid's total spending on the identified drugs could have been $1.49 billion instead of $1.76 billion.

Given rising pressures on states' fiscal budgets, these findings, considered in conjunction with the conclusions of previous studies, indicate that continued wasteful spending in Medicaid is a problem requiring the prompt attention of policymakers.

Key Findings

  • In total, Medicaid spent $21.8 billion on drugs in 2009. Following a review of approximately two-thirds ($14 billion) of 2009 Medicaid drug spending, which included single-source and multi-source products, this report identified twenty brand drugs for which a therapeutically equivalent generic was available, but on which Medicaid overspent in 2009 by not fully utilizing the available generics.

  • Within this subsample, Medicaid’s overspending on prescription drugs is estimated to be $271 million. This waste is based on only twenty drug compounds, but there are 139 unique NDCs within those compounds. While the analysis examined two-thirds of total Medicaid drug spending ($14 billion of the total $21.8 billion), total spending on the twenty multi-source drugs was approximately $1.76 billion. Thus, for the identified products, Medicaid spent 15 percent more than it would have had generics been fully utilized ($1.76 billion versus $1.49 billion).

  • Among the twenty drugs studied, Medicaid wasted an average of $96 per prescription. For half of the drugs, Medicaid averaged over $100 in waste per prescription.

  • Most of the waste (94 percent) was concentrated in twelve of the twenty identified chemical compounds. Total waste for these drugs was roughly $256 million.

  • The majority of the waste identified relates to drugs that recently experienced a generic launch. Nearly three-quarters of the waste (73 percent) was tied to generic products that launched in 2008 or 2009.

  • The top underutilized generics in terms of wasteful spending were lamotrigine (brand Lamictal®) and risperidone (brand Risperdal®), with overspending on the corresponding brand drugs totaling approximately $51 million and $45 million, respectively.

  • The average rate of generic substitution for the twenty products was 87 percent over the four quarters of 2009, but nine of the twenty drugs had substitution rates lower than 80 percent.

 

The full text of this working paper is available here as an Adobe Acrobat PDF.

Alex Brill is a research fellow at AEI.

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GSK Apologizes Over Medical Journal Snafu - Health Blog - WSJ

Medicare Cut in Dialysis Fees May Slash Amgen Sales of Anemia Drug Epogen - Bloomberg

Anemia drugs “were a profit center, now they’ll be an expense,” Yee said in a July 23 telephone interview. “Now there will be some incentive to use the minimal amount.” The cost of anything more than the minimum would be borne by the dialysis providers, Yee said.

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Monday, July 26, 2010

AstraZeneca - Brilinta: FDA asks why | Reuters

* Lack of U.S. benefit unexplained - FDA staff

* FDA reviewer: hard to discount benefit outside U.S.

* Panel to review drug on Wednesday

* AstraZeneca shares gain nearly 4 pct in New York (New throughout with documents released)

WASHINGTON, July 26 (Reuters) - U.S. reviewers provided mixed views on AstraZeneca Plc's (AZN.L) experimental blood thinner Brilinta, documents released on Monday showed.

The company's main study of Brilinta was generally well-run but had incomplete follow-up rates, according to a memo from Dr. Thomas Marciniak, a U.S. Food and Drug Administration heart drug reviewer.

Marciniak also said "aspirin dosing does not explain the disparate results" between U.S. patients and other countries. In the company study, U.S. patients failed to see the benefits of patients overall.

In a separate memo, reviewers in the FDA's clinical pharmacology office said they recommended Brilinta's approval with a post-market study "aimed to reconcile the findings from U.S. region."

An FDA advisory panel will consider the drug on Wednesday.

AstraZeneca shares gained 3.9 percent on the New York Stock Exchange. (Reporting by Lisa Richwine; Editing by Tim Dobbyn)

 

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NHS losing millions in pharma cost-sharing schemes | News | Health Service Journal

Sharing the cost of expensive new cancer medicine with drugs companies is becoming increasingly common but the complexity of the reimbursement procedure means around half the total costs are not being recovered.

The Department of Health said it is trying to make the payment-sharing schemes more simple.

Consultant pharmacist Steve Williamson, who works at Northumbria Healthcare Foundation Trust, wrote in the Clinical Pharmacist journal that he welcomed the practice of making cancer drugs more widely available but said complicated paperwork is making the reimbursement procedure unworkable.

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BBC News - Diabetes costs 'out of control'

The NHS is spending too much on diabetes drugs say researchers, who found the medicines account for 7% of the UK prescribing budget.

A big rise in the number of people with type 2 diabetes in recent years does not fully explain the spiralling costs, say Cardiff University researchers.

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Genzyme rebuffs Sanofi bid: report | Reuters

Genzyme Corp (GENZ.O) has turned down a bid to be acquired by French drugmaker Sanofi-Aventis (SASY.PA), Bloomberg reported on Monday, citing two people with knowledge of the matter.

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PREVIEW-U.S. data doubts hang over AstraZeneca heart drug | Reuters

Tim Anderson, an analyst at Sanford Bernstein, believes the FDA is struggling with the North American findings and it remains to be seen how much weight will be given to them.

"If they are weighted heavily and there is felt to be no easy explanation, then Brilinta's approvability might be at risk," he said.

With consensus 2014 sales forecasts for Brilinta standing at $1.1 billion, according to Thomson Reuters data, and the drug central to AstraZeneca's strategy for overcoming patent losses, a lot is riding on next week's panel.

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AstraZeneca's clotbuster Brilinta faces day of judgment in US test - Telegraph

An expert panel will convene on Wednesday to study clinical trial data on Brilinta before passing their recommendations to the Food and Drug Administration (FDA), which is aiming to decide in September whether or not the heart drug should be given marketing approval.

Brilinta will face tough questions during a day-long meeting of medical experts and any news from the meeting could eclipse AstraZeneca's second-quarter results on Thursday. Among a small number of North American patients on Brilinta plus asprin, there was a non-significant trend towards a worse outcome.

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Publish data on drug trials — even when it’s not flattering - The Boston Globe

Until now, the industry’s track record has left much to be desired. Currently, companies seeking approval for new drugs must supply basic information about all their completed studies with ClinicalTrials.gov, a government website. But fewer than half of the studies registered there are published in journals. One-quarter to one-half of clinical trials for drugs that gained Food and Drug Administration approval remain unpublished several years later. A much higher proportion of the unpublished studies turn out to have unfavorable results for the marketed treatment.

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Saturday, July 24, 2010

LOLPharma contd.... how true!

Joe Bonamassa is The Man!



AstraZeneca - Seroquel: shares up on settlement news

Introducing Pharmaplasia

Unlike any other book about the pharmaceutical industry, Mike Wokasch a 30 year industry veteran,  delves into the causes of the industry’s current state of dysfunction.  He provides practical solutions for a prosperous future, even in light of the increasing regulatory constraints, restrictions on marketing and sales, and the increasing demands of a cost conscious market with its own challenges yet to be imposed by healthcare reform.

The author provides an insider’s perspective with unique insights into the unintended consequences of the industry’s rapid growth and explores why some Big Pharma companies may be too big.  Much like his blog, this 180 page book is not an exposé but rather a hard hitting discussion of how the industry’s mistakes and poor decisions  have led to serious questions about its outdated business model, its long-term commercial viability, and the imbalance between corporate priorities for “profits and patients” that drive product sales but often put patient health and safety at risk.

Sanofi Said to Have Approached Genzyme for Deal - NYTimes.com

Sanofi Said to Have Approached Genzyme for Deal - NYTimes.com

Sanofi-Aventis has made an informal takeover approach to Genzyme, a person briefed on the matter said on Friday, as the French drug maker seeks to bolster its biotechnology offerings.

Panorama - Seroxat - LiveVideo.com

Panorama - Seroxat - LiveVideo.com
30 minute documentary.
Seroxat=Paxil in the US.

Are Sanofi Aventis buying Genzyme?

You tell me!

Source

Friday, July 23, 2010

Liverpudlian comedian and ex--pharma salesman John Bishop

PharmaTimes | EU needs more time to review Avandia as FDA halts TIDE trial

The European Medicines Agency says it has yet to complete its review on GlaxoSmithKline's controversial diabetes drug Avandia.

The European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) is investigating the Avandia (rosiglitazone) range of products to determine whether data on the risk of cardiovascular problems have an impact on their benefit-risk profile. The investigation is also covering the drug sold in combination with metformin (Avandamet) and with glimepiride (Avaglim).

The CHMP was expected to report its findings after an EMA monthly meeting this week. Now the agency notes that “preliminary discussions, including with experts in diabetes, cardiovascular diseases and pharmacovigilance and with patients” were held but “additional new data sets have become available very recently”. This, along with the rest of the data, will now be assessed and the review is expected to be finalised by September.

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A 3 minute neurological examination


Hat tip: http://northerndoctor.com/

Science, Reason and Critical Thinking: Skeptic Trumps: Ben Goldacre

Thursday, July 22, 2010

AstraZeneca Said to Pay $2 Million to Settle Lawsuits Over Seroquel Drug - Bloomberg

AstraZeneca Plc agreed to pay $2 million to settle more than 200 cases over its antipsychotic drug Seroquel in the first resolution of lawsuits alleging the medicine causes diabetes, people familiar with the accords said.

The settlement, which provides an average payout of more than $10,000 per case, came as the result of a U.S. court-ordered mediation involving 26,000 cases filed against London-based AstraZeneca over Seroquel, the people said.

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AstraZeneca Strike Ballot

Over 600 GMB members employed by AstraZeneca (AZ), the giant multi-national drugs company, on the large manufacturing site at Macclesfield in Cheshire, are to be balloted over the changes the company propose to make to existing long standing pension arrangements. 

Monday 26th July 2010 and the ballot will close on 16th August

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Your Pharmacist May Hate You: Highlights From Last Friday's Pill Counting Action.

I got a "coverage expired" reject on a claim for some Viagra. The man had been covered on his wife's insurance and she had recently died. The man was very upset his newly dead wife's insurance would no longer pay for his Viagra.

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Your Pharmacist May Hate You: Remember When "These Corporations Can Get Away With Murder" Was Just An Expression?

The Unabomber only killed 3 people you know. Timothy McVeigh 168. Those masters of evil at Al-Qaeda ended the lives of 2,995 on September 11, or around 3 percent of the number of people affected by the way GlaxoSmithKline chose to act when it learned of Avandia's risks.

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Glaxo progresses pipeline as earnings hit by legal charge - Telegraph

Britain's biggest drug maker, which has endured a difficult few weeks as the safety of its diabetes drug Avandia came under scrutiny from American regulators, yesterday revealed a pre-tax loss of £97m for the second quarter compared to a £2.1bn profit the previous year.

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Wednesday, July 21, 2010

Planned Trial of Diabetes Drug Avandia Runs Aground - ScienceInsider

A large study to test the safety of the controversial diabetes drug Avandia has been put on partial hold by the Food and Drug Administration. The FDA held a hearing on the safety of Avandia last week. Some scientists argue that the drug persistently, if modestly, increases the risk of heart attacks in diabetes patients. But other scientists, as well as the drug's maker, GlaxoSmithKline, challenge those results. The TIDE trial was designed to clear up lingering doubts about the drug but would take at least 6 years to complete. And today, FDA informed Glaxo that it was not allowed to enroll any new patients in TIDE, although patients already enrolled can continue.

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Prescribing Advice for GPs » BNF for Children 2010-2011

The British National Formulary for Children 2010-2011 has been updated, published and made available online.

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Exclusive: FCPA Pharma Probe Spans 3 Continents – Main Justice

Glaxo to pay $1.14b over birth defect suits

Glaxosmithkline has agreed to pay more than $US1 billion ($1.14 billion) to resolve more than 800 cases alleging its Paxil antidepressant - sold in Australia as Aropax - caused birth defects in some users' children, according to people familiar with the settlements.

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Chalk up another win for whistleblowers Ven-a-Care

Teva Pharmaceuticals agreed to pay $27 million to resolve concerns about Medicaid fraud brought to light by a Keys whistle-blower, the state attorney general said Tuesday.

The settlement partially resolves two Leon County Medicaid fraud lawsuits that alleged the company knowingly set inflated prices for medications dispensed by pharmacies and other providers reimbursed by the Florida Medicaid program.

The program sets reimbursement rates it pays to Medicaid providers based on prices reported by drug manufacturers. By reporting inflated prices, the drug manufacturers led the Florida Medicaid Program to overpay millions of dollars in pharmacy reimbursements.

GENERAL REVENUE FUND

As part of the settlement with Israel-based Teva, the state's general revenue fund will be paid about $3.5 million. The Florida Medicaid Fraud Informant Reward Program will receive more than $387,000, and the Agency for Health Care Administration, which administers the Medicaid Program, will receive more than $7.1 million. The rest of the money will be paid from the settlement to the federal government and to the whistle-blower, Ven-A-Care in Key West. Ven-a-Care is a pharmacy owned by four partners who have gained more than $25 million in the past 15 years, starting with a whistle-blower lawsuit filed in 1995.

The Leon County cases are ongoing against four other pharmaceutical companies: Mylan Laboratories, Actavis, Watson Pharmaceuticals and Sandoz Pharmaceuticals.

In an unrelated case, five north Floridians, including a hospital administrator, were arrested Tuesday on charges of Medicaid fraud, racketeering, money laundering and operating a scheme to defraud.

Officers, employees and affiliates of HC Healthcare admitting Medicaid recipients to the hospital without medical necessity, altering medical records on occasion to justify the hospital admissions. False claims for reimbursement were submitted to the Florida Medicaid program for services performed outside the scope of the physician involved.

The fraud occurred at the now closed Trinity Community Hospital and affiliated clinics in Hamilton, Suwanee and Columbia counties. More arrests are pending.

BOGUS IMPROVEMENTS

An investigation found that more than $660,000 in state grant money dedicated to hospital improvements were taken by the corporation, but little if any of the money was used for improvements. Instead, the money was spent on the fraud ring and used by hospital owner Robert A. Krasnow, 36, of Gainesville, who faces several charges, including 10 counts of Medicaid fraud.

The others arrested were Dr. Yong Am Park, 66, of Lake City; Robert T. Krasnow, 58, of Gainesville, the father of Robert A. Krasnow; hospital administrator Christina L. Ortega, 42, of Lake City; and nurse Ashley Lane Butler, 37, of Live Oak.

People who report Medicaid fraud may be entitled to a reward. Call 866-966-7226 with tips. Rewards are paid if a case results in a fine, penalty or forfeiture of property and may be up to 25 percent of what the amount recovered.

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Avastin for Breast Cancer - FDA says no

Visit msnbc.com for breaking news, world news, and news about the economy

allAfrica.com: Nigeria: Trovan Case - New Victims Sue Pfizer for U.S.$384 Billion

Abuja — Victims of the 1996 Pfizer meningitis trovan vaccine test which caused over 200 deaths and several others permanent disability have again sued the drugs manufacturing giant for a whopping sum of $384 billion (N8384billion.)

The victims, numbering 192, who have just surfaced, are claiming the collosal sum as damages from Pfizer Incorporated and Pfizer Specialities for the injuries they were made to suffer by the negative effect of the untested vaccines administered on them.

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New rules for Harvard doctors - The Boston Globe

Faculty can still:
■ Conduct industry-funded research

■ Work as paid consultants for industry

■ Found biotechnology companies

■ Hold stock in health care companies (limited to $30,000 in a public company; no stock can be held in a private company if the company sponsors the faculty member’s research)

■ Be a paid member of company scientific advisory boards

Faculty cannot:
■ Give talks as paid members of company speakers bureaus

■ Earn more than $10,000 annually from a company on whose products they conduct clinical trials (Previous limit was $20,000)

■ Accept personal gifts, travel, or meals from companies

Other provisions
■ Harvard will post on its website faculty members’ financial interests in, or payments from, drug and medical device companies of $5,000 or more.

■ Companies can no longer pay for specific Harvard-run continuing medical education courses for doctors, unless more than one company sponsors the course and no one company funds more than 50 percent.

■ Industry exhibits and programs must be at a separate time and place from Harvard continuing medical education courses.

■ The medical school must give permission for faculty to join the fiduciary boards of for-profit health care companies.

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Tuesday, July 20, 2010

Andrew Gunther: USDA Admits Link Between Antibiotic Use by Big Ag and Human Health

Andrew Gunther: USDA Admits Link Between Antibiotic Use by Big Ag and Human Health: "- Sent using Google Toolbar"

Insider says: it's a disgrace!

'NHS doesn't care about cost of medicine': Drugs firms accused of profiteering by raising prices by ONE THOUSAND per cent | Mail Online

'NHS doesn't care about cost of medicine': Drugs firms accused of profiteering by raising prices by ONE THOUSAND per cent | Mail Online: "- Sent using Google Toolbar"

Fresh Air Interview: Psychiatrist Daniel Carlat - 'A Psychiatrist's Prescription For His Profession' : NPR

Two years ago, psychiatrist Daniel Carlat wrote a piece in the New York Times Magazine called Dr. Drug Rep, in which he told his story of being paid to push the anti-depressant Effexor to his colleagues.

Carlat joins Fresh Air contributor Dave Davies today to talk about his new book, called Unhinged: The Trouble With Psychiatry. But the book isn't just concerned with the influence of drug companies in the profession.

Carlat believes in prescribing medication, but he says too many psychiatrists have all but abandoned talk therapy — leaving in-depth interaction with patients to others — while they pursue medical fixes for mood problems and mental disorders.

"Based on a survey of psychiatrists throughout the United States [conducted by Columbia University], it turns out only 11 percent of all psychiatrists now offer therapy to all of their patients," he explains. "So essentially, 1 out of 10 psychiatrists are really doing psychotherapy on a regular basis."

He says time and billing constraints have also made it difficult for psychiatrists to integrate in-depth sessions back into their practices.

"I have hundreds of patients. And if I start to do one-hour therapy sessions with most of my patients, I am going to have to kick patients out of my practice because I won't have time to see them," he says. "So it's been difficult and I've had to do creative things where I don't do one-hour therapy sessions, I might do 45-minute therapy sessions or half-hour therapy sessions so I can still fit a fair number of people into my practice while performing what I would consider a better quality of psychiatry."

Daniel Carlat was trained at Harvard and is on the faculty of the Tufts Medical School. He edits a monthly newsletter called the Carlat Psychiatry Report.

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Doctors say it's already over for diabetes drug Avandia - USATODAY.com

Avandia prescriptions have plummeted since a study in The New England Journal of Medicine in May 2007 raised concerns about whether the drug increased heart attack risk.

In June 2007, 5.6 million Avandia prescriptions were dispensed in the USA, according to IMS Health, which provides market information to the drug and health care industries. By May 2010, that number had dropped to 1 million.

Mayo Clinic endocrinologist Victor Montori, who wasn't an FDA panelist, says fewer than 10% of U.S. diabetes patients still take the drug. "If the FDA does not do anything, I think the market will continue to shrink," he says.

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Panelist Who Backed Avandia Gets Fees From Glaxo - WSJ.com

Endocrinologist David Capuzzi of Philadelphia confirmed that he has been on Glaxo's speakers bureau for several years and said he doesn't see the relationship as a conflict.

Health drink 'laced with ketamine' | News

Monday, July 19, 2010

Should you still be taking Avandia? As the diabetes drug is linked to worrying side-effects, some experts say there's a safer alternative | Mail Online

Researchers Use Ecstasy to Treat PTSD - US News and World Report

"PTSD treatment involves revisiting the trauma in a therapeutic setting, but many patients become overwhelmed by anxiety or numb themselves emotionally, and so they can't really successfully engage," said study lead researcher Dr. Michael Mithoefer, a psychiatrist in private practice in Charleston, S.C. "But what we found is that the MDMA seemed to temporarily decrease fear without blunting emotions, and so it helped patients better process their grief."

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PharmaTimes | Industry News | World News | PhRMA firms’ “record 313 mental illness drugs now in R&D”

PharmaTimes | Industry News | World News | PhRMA firms’ “record 313 mental illness drugs now in R&D” "A record 313 new medicines to treat mental health disorders are now being developed by US pharmaceutical and biotechnology companies, says a new industry report.

All 313 new products are either in clinical trials or awaiting review by the Food and Drug Administration (FDA), according to the study, which is produced by the Pharmaceutical Research and Manufacturers of America (PhRMA).

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"Pharmacies are often the crime-ridden ghettos of the drug business."

Another J&J drugmaking plant under FDA scrutiny - Jul. 16, 2010

Another J&J drugmaking plant under FDA scrutiny - Jul. 16, 2010: "Johnson & Johnson, already under fire from the government over deplorable conditions at a Pennsylvania plant that makes children's pain and cold drugs, is now being cited for problems at another one of its drugmaking plants in the state.

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FT.com / US & Canada - Watchdog given rebuke on drugs pacts probe

FT.com / US & Canada - Watchdog given rebuke on drugs pacts probe: "Jon Leibowitz, the Federal Trade Commission’s chairman, relishes his role as a thorn in the side of the pharmaceutical industry.

Mr Leibowitz has used his power at the competition watchdog to crusade against deals between big branded drugmakers and their gen­eric counterparts that he argues are anti-competitive and delay the introduction of cheap drugs to the market. He has called these “pay for delay” deals the most corrupt practice in the healthcare industry.

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GlaxoSmithKline profits to be hit by £1.57bn legal bill - Herald Scotland | Business | Markets & Economy

GlaxoSmithKline profits to be hit by £1.57bn legal bill - Herald Scotland | Business | Markets & Economy: "Drugs giant GlaxoSmithKline’s second-quarter results on Wednesday will see a huge £1.57bn provision for legal disputes put a significant dent in profits.

The bill comes on top of the £2.3bn which the firm has already put aside and represents a “substantial proportion” of its legal cases.

Glaxo has agreed a £500m settlement with the US Government after its probe into a factory in Puerto Rico after allegations that it was not following proper manufacturing procedures.

The provision will also go towards settling claims over drugs such as its diabetes treatment Avandia, which has been under a cloud since 2007 amid claims – denied by Glaxo – that it increased the risk of heart attacks.

Before news of the legal bill, analysts were expecting underlying profits of £1.98bn for the second quarter, down from £2.25bn a year earlier.

Analysts said the move represented an attempt to clear the decks and bring down the quarterly volatility in its legal costs.

But the drugs giant has also received some good news on Avandia after an advisory committee of the Food and Drugs Administration voted to recommend keeping the drug on the market – albeit with additional warning labels over potential side-effects. A final FDA decision is expected soon.

Charles Stanley analyst Jeremy Batstone-Carr said: “This news removes a significant impediment to investor sentiment towards the business and the share price which has struggled to make much headway.”

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Britain's Got Bhangra - great show!!

Sunday, July 18, 2010

Sanofi-aventis' Guillaume says Turkish health system better than one in US

Sanofi-aventis Group, a pharmaceutical company, said that the health system in Turkey was better than the one in the United States.

Sanofi-aventis Group Turkey Director Olivier Guillaume told the A.A on Sunday that Turkey had sound health reforms and they were getting better.

Guillaume said U.S. President Barack Obama was inspired by the Turkish health system covering 95 percent of patients.

Sanofi-aventis Group would export its products to Japan, the United States and European countries from Turkey where one of the biggest factories of the company was located, he said.

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Saturday, July 17, 2010

Scoop: Evelyn Pringle: Paxil Five-Year Litigation History

It would be difficult to find a better career than employment as a GlaxoSmithKline attorney, especially if job security is a top priority. Not a year goes by when the company is not doling out millions of dollars to defend against charges involving corporate misconduct of one kind or another.

A limited review of the company's involvement in the legal system over just the last five years reveals a clear pattern of habitual corruption. However, although Glaxo has paid billions of dollars in accumulated fines, penalties and awards to plaintiffs in civil cases, not one company official has been arrested and charged with a crime.

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