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For Pharma, 9.9 Percent May Be Magic Number For Price Hikes On DrugsSliding in just below 10 percent lets pharmaceutical companies fly under the radar of regulators watching for double-digit increases. In other industry news, companies are freeze-drying drugs for long-distance transport, Rite Aid s sales come in below expectations and new drugs may hold the key to treating migraines. Stat:Valeant Avoids Double-Digit Price Hikes With 9.9 Percent IncreasesIn response to intensifying criticism over drug prices, Allergan chief executive Brent Saunders promised not to raise prices by more than single-digit percentage points. So far, no other head of a large drug maker has spoken publicly about this notion stanley deutschland or agreed to do the same thing. Yet some companies may adopt this approach quietly 鈥斅燼nd push the envelope in the process.How so One way is to raise prices on drugs by 9.9 percent. And this is what Valeant Pharmaceuticals did last week. Silverman, 9/22 Stat:Freeze-Dried Drug Factories Could Make Various Medicines,聽Just Add WaterThe contraption looks and sounds like a washing machine: a rumbling box with a circ stanley cup ular brumate ca window near the floor. But if you look inside, you wont see a whir of clothes; instead youll see a ring of crystalline ice. This device is called the Freezemobile, and it isnt your standard household appliance. By hooking up a few test tubes to its metal piping, chemists have used the Freezemobile to make drug ingredients designed to be transported into the remo Dmoo NY Can Tax Drugmakers Under Opioid Stewardship Act, Appeals Court Rules
Thursday, Jun 11 2009Thai Health Ministry Breaks Patent, Issues Compulsory License for Abbott Antiretroviral KaletraThailand s Ministry of Public Health on Monday said that adidas originals ultraboost it has broken a patent on Abbott Laboratories antiretroviral drug Kaletra by issuing a compulsory license to produce a lower-cost version of the drug, Reuters UK reports. According to Health Minister Mongkol na Songkhla, the compulsory license was signed into law and took effect on Friday Pongpiphat, Reuters UK, 1/29 . World Trade Organization regulations allow governments to declare a national emergency and issue compulsory licenses without consulting the foreign patent owner. Thailand, which has 580,000 people living with HIV/AIDS, has won international recognition for its quick launch of a national drug program that treats more than 82,000 HIV-positive people. However, the government s commitment to providing universal access to care is facing increasingly high drug costs Kaiser Daily HIV/AIDS Report, 1/26 . Kaletra currently costs about $347 per patient monthly, and the lower-priced version could cost abou air force 1 t $120 per patient monthly, according to Medecins Sans Frontieres AFP/Yahoo! News, 1/29 . According to Reuters UK, the compulsory license could save the country as much as $24 million annually. We have to do this because we don t have enough money to buy safe and necessary drugs for th stanley austria e people under the government s universal health scheme, Mongkol said. Some HIV/AIDS advocates we
For Pharma, 9.9 Percent May Be Magic Number For Price Hikes On DrugsSliding in just below 10 percent lets pharmaceutical companies fly under the radar of regulators watching for double-digit increases. In other industry news, companies are freeze-drying drugs for long-distance transport, Rite Aid s sales come in below expectations and new drugs may hold the key to treating migraines. Stat:Valeant Avoids Double-Digit Price Hikes With 9.9 Percent IncreasesIn response to intensifying criticism over drug prices, Allergan chief executive Brent Saunders promised not to raise prices by more than single-digit percentage points. So far, no other head of a large drug maker has spoken publicly about this notion stanley deutschland or agreed to do the same thing. Yet some companies may adopt this approach quietly 鈥斅燼nd push the envelope in the process.How so One way is to raise prices on drugs by 9.9 percent. And this is what Valeant Pharmaceuticals did last week. Silverman, 9/22 Stat:Freeze-Dried Drug Factories Could Make Various Medicines,聽Just Add WaterThe contraption looks and sounds like a washing machine: a rumbling box with a circ stanley cup ular brumate ca window near the floor. But if you look inside, you wont see a whir of clothes; instead youll see a ring of crystalline ice. This device is called the Freezemobile, and it isnt your standard household appliance. By hooking up a few test tubes to its metal piping, chemists have used the Freezemobile to make drug ingredients designed to be transported into the remo Dmoo NY Can Tax Drugmakers Under Opioid Stewardship Act, Appeals Court Rules
Thursday, Jun 11 2009Thai Health Ministry Breaks Patent, Issues Compulsory License for Abbott Antiretroviral KaletraThailand s Ministry of Public Health on Monday said that adidas originals ultraboost it has broken a patent on Abbott Laboratories antiretroviral drug Kaletra by issuing a compulsory license to produce a lower-cost version of the drug, Reuters UK reports. According to Health Minister Mongkol na Songkhla, the compulsory license was signed into law and took effect on Friday Pongpiphat, Reuters UK, 1/29 . World Trade Organization regulations allow governments to declare a national emergency and issue compulsory licenses without consulting the foreign patent owner. Thailand, which has 580,000 people living with HIV/AIDS, has won international recognition for its quick launch of a national drug program that treats more than 82,000 HIV-positive people. However, the government s commitment to providing universal access to care is facing increasingly high drug costs Kaiser Daily HIV/AIDS Report, 1/26 . Kaletra currently costs about $347 per patient monthly, and the lower-priced version could cost abou air force 1 t $120 per patient monthly, according to Medecins Sans Frontieres AFP/Yahoo! News, 1/29 . According to Reuters UK, the compulsory license could save the country as much as $24 million annually. We have to do this because we don t have enough money to buy safe and necessary drugs for th stanley austria e people under the government s universal health scheme, Mongkol said. Some HIV/AIDS advocates we
