COVID-19 has infected over 10 million people in the United States and has claimed the lives of over 237,000 people and the country’s 7-day average of new daily cases has been over 100,000. The coronavirus pandemic is continuing to wreak havoc on the health and economy in the US and in the world. Everyone is …
The biologic drug market is huge in the US and it continues to grow at a rapid pace. However, great innovation come with greater costs. In the US, only 2% of prescriptions are written for biologic drugs, but the 2% accounted for 37% of total drug spend, which in 2018 was $125 billion in sales. …
The House Committee on Oversight and Reform held a series of hearings to review findings from an in-depth investigation into drug pricing actions that was conducted last year with CEOs representing some of the largest and most profitable pharmaceutical manufacturers. As stated in the summary report of the investigation by Chairwoman Carolyn Maloney, “the drug …
Uncovering Solutions for Affordable Drug Pricing Read More »
Rukobia (fostemasavir) There are an estimated 2 million people living with the human immunodeficiency virus (HIV) in the United States. In 2018, there were close to 36,000 new cases of HIV diagnoses in the U.S. Since the introduction of antiretroviral therapy (ART), the HIV incidence has decreased as a result of decreased transmission and readily …
Paving the Way for Payment Innovation On June 17, 2020, CMS announced a proposed rule that would change how pharmaceutical manufacturers report pricing and discounts to Medicaid. The goal of this new rule is to reduce regulatory requirements that currently hinder manufacturers’ ability to enter into value-based agreements and other innovative payment models. From our perspective, …
CMS’s Proposed Prescription Drug Value-Based Purchasing Rule Read More »
Albuterol is a short acting beta agonist (SABA) used to treat or prevent bronchospasm in patients with reversible obstructive airway disease commonly caused by chronic bronchitis, as well as to prevent exercise-induced bronchospasm (asthma). Bronchospasms are the tightening and narrowing of the airways in the lungs causing difficulty in breathing. Exercise and other physical activity …
Migraine is a neurological disorder with severe throbbing/pulsating headache generally associated with visual disturbances, nausea, vomiting, dizziness, and sensitivity to light/sound. Migraine is often a disabling condition which affects more than 38 million people in the US. Migraine is three times more common in women than in men. Children are not immune as one out …
Thanks to advances in modern medicine, diseases caused by genetic disorders such as spinal muscular atrophy and retinal defects can be greatly improved or potentially cured using a form of treatment called gene therapy. Gene therapy uses carrier cells like a virus to deliver the new gene into the mutated or missing gene to treat …
As the COVID-19 Pandemic continues to sweep across the US, it seems there are new updates on the healthcare front every day. It’s also important to observe how current treatments, vaccines, testing, and the state of the medication supply chain are following cause and effect patterns familiar to previous pandemic outbreaks. Where are we in …
Pandemic Response Update—Insights Into the Cycle Read More »
Executive Summary Today, generics are widely available and more regulated, with improved quality compared to that of the not-so-distant past. The savings from generic drugs has surpassed $265 billion since 2008, and ninety-three percent (93%) of generic prescriptions are filled at a cost of twenty dollars ($20) or less. Unfortunately, not all treatment categories have …
Navigating the Complex World of Generics and Authorized Generics Read More »
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