Sunday, November 08, 2009
New Jersey - still the US's medicine chest?
It now has 13 percent of them.
From 2007 to 2008, the state lost 10 percent of its jobs in the high-paying industry.
Source
Insider hears that Pfizer will announce R&D site decisions on Monday.
BBC NEWS | Entertainment | The out-takes: Sesame Street
In a special edition, Matthew Stadlen travels to Sesame Street to spend Five Minutes with Cookie Monster, Elmo, Big Bird, Grover and Oscar the Grouch.
Pharma Giles writes..... Phoni goes Phorward!
Recent visitors to the Phoni Pharmaceuticals web page have been surprised to see that the familiar corporate “orange oval” logo has undergone a facelift.
“We felt it was time to re-examine our corporate image in the light of recent company history,” explains Jilly Jollie, Phoni’s Senior Vice President of Corporate Communications.
“Phoni’s original logo dates back to the eighties, when the company was a science-driven organisation with high ethical standards. Of course, that model is no longer relevant in today’s modern pharmaceutical marketplace,” Ms. Jollie observes. “More recently, our image has become that of a ruthless ‘slash and burn’ takeover specialist with a reputation as being ‘No.1 in corporate malfeasance’, a perception that some of our investors are uncomfortable with given the current unpopularity of corporate greed.”
“So we’ve decided to try and draw a line under our price-gouging, third-world outsourcing, employee-shafting, illegal marketing, disease-mongering, ghost-writing, clinical-trials-rigging, Medicaid-defrauding past, and instead try to look to a new compliant and ethical future. We were therefore keen to adopt a new logo to show our commitment to that vision.”
It was with this objective in mind that Phoni engaged the services of Tourette's, the infamous corporate makeover specialists.
“Our first task was to find out just what people thought of Phoni Pharmaceuticals,” said corporate image consultant, Tanya Upwoodly-Mobyle. “We spoke to hundreds of company employees, customers and executives, to try and find out just what the overall perception of Phoni’s image was in the minds of the people who know it.”
“We then took all of this feedback and shared it with our top advertising executives and graphic designers. After an intensive three-week creative brainstorming session in a luxury hotel in the Seychelles, the team managed to come up with a company legend that they felt truly captured the corporate essence of Phoni Pharmaceuticals...”
“Whilst we felt that the honesty behind this first effort was commendable, ‘honesty’ isn’t really a concept that Phoni embraces,” explains Phoni’s Jilly Jollie. “Sure, we’re keen to draw a line under our past behaviour, but not to the extent that we admit to any need to actually change it. All of our lying, bullying and law-breaking makes us far too much money for that.”
“What we really wanted was a new image that looks like we’ve changed things, but at the same time gives reassurance that it’s all really just business as usual…”
Tanya Upwoodly-Mobyle’s team were unfazed by the task. “After another six weeks intensive brainstorming in the Bahamas, we decided to adopt Phoni’s own approach to “evergreening” old, clapped-out ideas,” she recalls.
“After all, all Phoni does to squeeze more mileage out of its old products is to change the colour and shape of the pills and packaging, claim superiority over the original product and then charge five times the price. So we thought we’d do exactly the same...”
“We’re delighted with the result,” said Phoni’s Jillie Jollie. “The new logo is on the slide and there are one or two cosmetic changes, but otherwise everything’s just the same. This exactly reflects the company itself,” she observes.
Tourette’s are also satisfied with the outcome.
“We’ve managed to make buckets of money, just from a few clicks of a mouse in Paint Shop,” trilled Tanya Upwoodly-Mobyle. “$13 million in fact. This pharmaceutical corporate branding stuff is just money for old rope, isn’t it…?”
Jack brings related tales from the parallel universe of reality…
Attention drug reps - this guy is funny!
Hat tip: http://michaelguzzo.blogspot.com/
www.healthyhumorist.com
PhRMA Statement on House Passage of Health Care Reform Bill - Yahoo! News
To: POLITICAL EDITORS
Contact: Jennifer Wall for PhRMA, +1-202-835-3460
WASHINGTON, Nov. 8 /PRNewswire-USNewswire/ -- Pharmaceutical Research and Manufacturers of America (PhRMA) Senior Vice President Ken Johnson released the following statement regarding the House health care reform bill:
"We are disappointed, but not surprised by today's vote -- an uneasiness echoed by millions of hardworking Americans as well as nearly half of the members of the U.S. House of Representatives who voted against the bill.
Doing the business in Ireland
Saturday, November 07, 2009
VIDEO: Second Generation Antipsychotic Drugs Show Almost Immediate Unwanted Metabolic Effects in Children
The Miami Herald profiles Chuck Nemeroff
Notes on a scandal.
Charles Nemeroff, an Atlanta psychiatrist who was the subject of a Senate investigation concerning huge sums he received from drug companies, has been named chairman of the psychiatry department at the University of Miami.
Last year Nemeroff, as the top psychiatrist at Emory University, was the focus of an investigation by Sen. Charles Grassley, R-Iowa, who said he was concerned about the millions the psychiatrist received from drug companies while conducting supposedly unbiased research for the National Institutes of Health on drugs made by the companies he was receiving money from.
On Thursday, Pascal Goldschmidt, dean of UM medical school, called Nemeroff ``an exceptional psychiatrist and an exceptional scientist who has one issue in which he recognizes he made a mistake,'' in not telling Emory how much he was getting from drug makers.
Goldschmidt said he had read investigative reports from Emory about Nemeroff's activities and Emory found nothing to indicate that payments the psychiatrist received had in any way influenced his research results.
Elsewhere, opinions are divided.
The former head of psychiatry at Duke University told The Miami Herald Thursday that Nemeroff was ``economical with the truth'' and his work can't be trusted, while the leader of the Columbia University psychiatry program said Nemeroff was a top-flight scientist and he had never seen any bias in his work.
For his own part, Nemeroff, 60, said he was excited to be coming to Miami. ``I think it's going to be a top-10 school.''
PAYMENT DISCLOSURE
Nemeroff's appointment comes at a time when healthcare reform bills in both the House and Senate have sections requiring healthcare providers to publicly reveal their payments to doctors.
In October 2008, the psychiatrist's activities made the front page of The New York Times after Grassley investigators found that Nemeroff -- ``one of the nation's most influential psychiatrists,'' according to The Times -- had received $2.8 million in consulting deals with drug makers over seven years and failed to report at least $1.2 million of that to Emory.
Based on Grassley's complaints, Nemeroff's work on a mayor NIH grant was suspended and Emery asked him to step down as chair of psychiatry while it studied his conduct.
The Atlanta Journal-Constitution reported that the Office of the Inspector General of the Department of Health and Human Services had launched an investigation into Nemeroff's activities. An OIG spokesman said it never confirms nor denies investigations. Nemeroff said he knew nothing about OIG looking at him.
According to published reports, the psychiatrist received between $800,000 to $1.2 million from GlaxoSmithKline while leading a major study into mood disorder drugs, including ones made by GSK.
Nemeroff said Thursday that the news reports had not made clear that his talks were on GSK drugs now on the market, while his research funded by NIH involved basic lab studies of GSK chemical compounds that were years away from market. That work did not promote GSK products, he told The Herald.
`SCIENCE PIMPING'
But Bernard Carroll, former head of psychiatry at Duke University and once Nemeroff's boss, said parts of Nemeroff's work involved Paxil, a GSK antidepressant. ``Basically, he was doing basic science pimping for Paxil to produce talking points,'' Carroll told The Herald in an e-mail Thursday. ``All he ever produced was speculation but that was enough to satisfy Glaxo marketing. . . . I have been exposing his shenanigans for some years.''
Jeffrey Lieberman, head of psychiatry at Columbia University, praised Nemeroff as a leading expert in ``basic neuroscience,'' studying underlying pathologies and proteins in the brain that cause mental illness. He said he had never detected ``any undue influence or bias'' in Nemeroff's research.
However, all the academics interviewed Thursday acknowledged that large payments to researchers were a concern. ``Of course, it creates problems,'' Carroll said.
At UM, Goldschmidt said it was important for researchers and pharmaceutical companies to work together to develop better drugs. He said limits of how much researchers should be allowed to receive are still being debated.
In June, the Pew Prescription Project gave UM a ``B'' on a scorecard designed to measure ethical policies on professors' relationship with the pharmaceutical industry.
REQUIREMENTS
UM is now in the process of strengthening its reporting requirements, said Goldschmidt, so that all outside professional work must be reported -- and the results will eventually be posted online for the public to see.
Those requirements will apply to Nemeroff, who starts at UM on Dec. 1, and all other medical school staffers.
In the past, Goldschmidt said, there was debate whether professors needed to report fees from drug makers for giving continuing medical education (CME) talks, which are supposed to be non-promotional. That became an issue in Nemeroff's case in Atlanta.
In an interview Thursday, Nemeroff said in retrospect he should have declared the CME payments he received from drug makers, but he viewed Emory standards as not requiring such revelations.
LETTER OF SUPPORT
In a letter to Grassley last December, Emory officials wrote: ``We do not believe that Dr. Nemeroff's participation in the compensated speaking arrangements with GSK in any way biased the research conducted under the grant.''
The letter said Nemeroff's talks on behalf of GSK were ``focused on medical education and were not product specific or promotional. . . . As you alleged, Dr. Nemeroff did not disclose substantial speaking fees from pharmaceutical companies to Emory. Under federal regulations and Emory's policies, we believe he should have done so, although both the regulations and our policies could have been clearer.''
Grassley responded in a letter that his staff's research found that Nemeroff's talks were promoting GSK products -- not educational -- and should have been reported.
Tom Johnson, former president of the CNN network and former publisher of The Los Angeles Times, said Thursday he was part of an Emory advisory board that examined Nemeroff's behavior and the university's ethics policies. The policies were ``confusing,'' Johnson told The Herald. They have since been modified.
`HE'S BRILLIANT'
``He's brilliant,'' Johnson said of Nemeroff. ``He was responsible for a significant number of grants and he built up the department. Miami's getting a truly gifted psychiatrist.''
Johnson said he has suffered from depression for years, and Nemeroff's treatment of him was outstanding. ``I'm not sure if I'd be around today if it weren't for him.''
In Miami, Goldschmidt said Nemeroff was multidimensional -- strong in basic research, treatment of patients and building programs such as suicide prevention.
His biography lists stints as president of the American College of Neuropsychopharmacology and the American College of Psychiatrists. He has published more than 750 research reports and reviews.]
``I know I'm going to take a little smack in the face for this hire,'' Goldschmidt said. ``But you don't do anything important without taking some risks. It's very important that the people of Miami have access to a phenomenal psychiatrist like this.''Source
Drugmakers find whistle-blowing a bitter pill to swallow
Source
Elizabeth Warren: We Rescued The Top Of The System, Left The Bottom To Fend For Itself
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