pharmaphorum

JANUARY 13, 2022

In 2020, over half of total spending on brand medicines went to the supply chain, middlemen and other stakeholders, overtaking the amount going to drug manufacturers for the first time, according to a new study. ” The post Supply chain middlemen ‘pocket half of US branded medicine spending’ appeared first on.

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Branding Medicine Manufacturing Pharmacy 111

pharmaphorum

NOVEMBER 13, 2020

Each country has different regulations in regard to the online advertising of prescription drugs and over-the-counter medicines. In the UK, Google allows the promotion of online pharmacies providing they follow Google’s procedures and are registered with the relevant pharmaceutical authorities in the countries their ad campaign targets.

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Branding Pharmacy Marketing Compliance 124

Pharmacy Checkers

FEBRUARY 5, 2021

The Rand Corporation has released an impressive study showing that brand name drugs cost far more in the United States than in other countries – on average 344% more. For those of you looking for a methodologically strong analysis of international drug prices and a history of related studies, this is the report for you.

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Branding Drugs Sales Generic Drugs 97

XTalks

JULY 24, 2024

Amazon Pharmacy launched a pair of TV spots last month to showcase the ease of its drug delivery service for consumers. To save all the waiting, “all mom had to do was use Amazon Pharmacy and her meds would get delivered right to her door,” the son thinks to himself.

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Pharmacy Drug Delivery Drugs Insulin 78

World of DTC Marketing

JUNE 22, 2022

A new feature—a sensor that monitors changes in the heart rate for irregularities that can lead to strokes and heart failure—has just been approved by America’s Food and Drug Administration (FDA). Then there is the cost of generic drugs. bil­lion in 2020 if it had pur­chased 77 of 89 drugs from Cuban’s firm.

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Pharmacy Generic Drugs Life Science Branding 227

Drug Channels

MARCH 31, 2023

This week, I’m rerunning some popular posts while I prepare for today’s live video webinar: Discount Cards, Cost-Plus Pharmacies, and PBMs: Trends, Controversies, and Outlook. Time for the Drug Channels annual reality check on drug pricing. d/b/a Drug Channels Institute. d/b/a Drug Channels Institute.

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Drug Channels

APRIL 1, 2024

This week, I’m rerunning some popular posts while I prepare for Friday’s live video webinar: Drug Channel Implications of the Inflation Reduction Act. Despite skyrocketing sales for anti-obesity GLP-1 drugs, many retail pharmacies are losing money on every prescription. Click here to see the original post from December 2023.

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Pharmacy Branding Sales Drugs 98

pharmaphorum

JUNE 6, 2022

American entrepreneur and investor Mark Cuban tells us why he and his partners launched the Mark Cuban Cost Plus Drug Company (MCCPDC), a public-benefit corporation and online pharmacy that provides patients access to medications at a lower cost. . We want to work with every source of medications, branded or generic.”

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Drugs Manufacturing Pharmacy Branding 144

Drug Patent Watch

JANUARY 29, 2025

As we navigate the complex world of healthcare, it's easy to overlook the intricacies of generic drug production. The cost of producing generic drugs is influenced by a multitude of factors, and understanding these dynamics can help us better appreciate the affordability of these essential medications. Let's start with the basics.

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Generic Drugs Production Compliance Drugs 78

World of DTC Marketing

OCTOBER 25, 2021

In addition to immediate access to a physician, they offer on-site labs to analyze blood, MRI and CAT scan machines, pharmacies, and a full range of OTC products. In my opinion, these total urgent care centers will be springing up throughout the US and could even be branded under retailers like Wal*Mart or Target.

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Containment Branding Pharmacy Drugs 257

Drug Channels

MARCH 1, 2022

The Centers for Medicare & Medicaid Services (CMS) has recently released its 2022 data on enrollment in Medicare Part D prescription drug plans (PDPs). Our exclusive analysis of these numbers finds that for 2022, an astounding 99% of seniors are enrolled in the wonderland of PDPs with preferred pharmacy networks. million people.

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Pharmacy Marketing Drugs Branding 98

Pharmaceutical Commerce

SEPTEMBER 22, 2023

An analysis by 3 Axis Advisors has found that there is a large variability in pharmacy reimbursement of prescription drugs depending on PBM contracts with insurers. This creates a system with huge inconsistencies on the prices of both generics and branded products.

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Drugs Pharmacy Branding Production 105

Drug Channels

MARCH 7, 2023

Fein, CEO of Drug Channels Institute (DCI) and the author of Drug Channels , invites you to join him for a new video webinar: Discount Cards, Cost-Plus Pharmacies, and PBMs: Trends, Controversies, and Outlook This event will be broadcast live on Friday, March 31, 2023, from 12:00 p.m. Pharmacies and Pharmacy Benefit Managers.

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Pharmacy Drugs Marketing Generic Drugs 98

World of DTC Marketing

AUGUST 7, 2022

The passage of the Inflation Control bill is an excellent first step in limiting high drug costs, but our healthcare system is still built for profit at the expense of patients. Once limited to a few new treatments, it’s now being applied widely, even to generic drugs and established regimens.?The Prior authorization is out of control.

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Doctor Doctors Generic Drugs Drugs 263

World of DTC Marketing

JULY 27, 2022

The drug industry deserves its share of the blame for the high prices of medications, but the truth is that prescription medications are so profitable that many others want their share of the money. A drug’s out-of-pocket cost is primarily the result of decisions made by insurance companies and pharmacy benefit managers (PBMs).

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Pharmacy Generic Drugs Medicine Drugs 226

STAT News

AUGUST 3, 2022

In the latest bid to address high prescription drug costs, a nonprofit plans to sell a cheaper generic version of an expensive cancer medicine in the U.S. Civica Rx, which was formed four years ago, is working with a generic manufacturer to supply pharmacies with the abiraterone prostate cancer treatment for $160 for a month’s supply.

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Generic Drugs Pharmacy Drugs Branding 98

Drug Channels

MARCH 4, 2025

Fein, president of Drug Channels Institute (DCI) and the author of Drug Channels , invites you to join him for DCIs new live video webinar: PBM Industry Update: Trends, Challenges, and What's Ahead This event will be broadcast live on Friday, April 4, 2025, from 12:00 p.m. Drawing from the brand-new 2025 Economic Report on U.S.

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Pharmacy Drugs Branding Marketing 94

Druggist

MARCH 23, 2021

Ibuprofen is one of the most common drugs purchased over the counter in the UK. In recent months, ibuprofen’s price went up significantly, with many shops and pharmacies being out of stock of ‘cheap’ ibuprofen. Today I will review ibuprofen alternative drugs. Ibuprofen alternatives – branded ibuprofen 200mg.

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Drugs Pharmacy Containment Branding 92

Drug Channels

OCTOBER 25, 2021

By reader request, we present below a channel flow chart illustrating the buy-and-bill process for provider-administered drugs. Pharmacy Distribution and Reimbursement System for Patient-Administered, Outpatient Brand-name Drugs. d/b/a Drug Channels Institute. This chart complements Follow the Dollar: The U.S.

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Drugs Pharmacy Branding Sales 97

Drug Patent Watch

DECEMBER 10, 2024

Generic drug development is a complex process that involves not only scientific and medical expertise but also adherence to strict legal and ethical standards. Scientific expertise plays a crucial role in ensuring that generic drugs are held to the same standards of quality, safety, and efficacy as their brand-name counterparts.

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Generic Drugs Bioequivalency Development Drugs 98

Pharmacy Checkers

FEBRUARY 28, 2020

The report is an audit of companies in the drug supply chain to test compliance with regulations called for by the Drug Supply Chain Security Act of 2013 (DSCSA). In short, as reported in STAT , OIG found that seven out of 44 drugs audited could not be traced back to the manufacturer in the manner required under the DSCSA.

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Pharmacy Drugs Medicine Sales 55

pharmaphorum

JUNE 8, 2022

Longstanding claims that one of the reasons for high drug prices in the US is the actions of pharmacy benefit management (PBM) companies – the middlemen in the supply chain – are being formally investigated by the Federal Trade Commission (FTC). — FTC (@FTC) June 7, 2022. — FTC (@FTC) June 7, 2022.

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Pharmacy Medicine Drugs Manufacturing 64

Pharmacy Checkers

FEBRUARY 14, 2020

Joe and Teresa Graedon, founders of The People’s Pharmacy , not only have an admirable track record of telling health consumers how it is, but also listening to those in their readership. Many readers complained that it just wasn’t cutting it compared to the brand name version. Just switch back to the brand!”

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Branding FDA Approval Pharmacy Bioequivalency 62

Drug Channels

APRIL 21, 2022

By reader request, we present below a channel flow chart illustrating the buy-and-bill process for provider-administered drugs. Pharmacy Distribution and Reimbursement System for Patient-Administered, Outpatient Brand-name Drugs. d/b/a Drug Channels Institute. This chart complements Follow the Dollar: The U.S.

Drugs 98

Drugs Pharmacy Branding Sales 98

Drug Channels

MARCH 5, 2024

Fein, president of Drug Channels Institute (DCI) and the author of Drug Channels , invites you to join him for DCI’s latest live video webinar: Drug Channel Implications of the Inflation Reduction Act This event will be broadcast live on Friday, April 5, 2024, from 12:00 p.m. Pharmacies and Pharmacy Benefit Managers.

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Drugs Pharmacy Marketing Branding 98

Pharmacy Checkers

JANUARY 16, 2020

The company Blink Health is advertising Canadian drugs on Google, even though it does not sell medication from Canadian pharmacies. This distinguishes them other drug price comparison leaders that offer pharmacy discount cards and coupons for U.S. pharmacies – ours is called the PharmacyChecker Discount Card.

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Pharmacy Drugs Branding Generic Drugs 74

XTalks

JANUARY 24, 2022

Gilead Sciences has been seizing counterfeit versions of its HIV drugs Biktarvy and Descovy since last year and is now suing distributors who have been behind selling the illicit medications. The counterfeit drugs were being sold across several states in the US over the past two years. While Biktarvy brought in $7.3

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Drugs Pharmacy Production Containment 98

pharmaphorum

JANUARY 20, 2022

According to the company, the defendants reportedly sold 85,247 bottles of medicine with counterfeit Gilead labelling to pharmacies over a two-year period, using falsified supply chain documentation to conceal their origin. This works to ensure the safety and efficacy of the drugs received by patients.

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Drugs Medicine Containment Branding 111

Pharmaceutical Technology

APRIL 19, 2023

PharmaChoice, which has more than 1,000 independent pharmacy owners and operators under its brand, will run MedX’s technology at 20 locations across the four provinces over a three-month assessment period. Pharmacy chains have become the backbone for providing infrastructure to roll out telehealth services.

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Dermatology Pharmacy Branding Marketing 130

Pharmaceutical Technology

JULY 15, 2022

CivicaRx is a non-profit generic drug company producing affordable insulin biosimilars in collaboration with the Juvenile Diabetes Research Foundation (JDRF). Making low-cost insulin widely available will benefit anyone who struggles to afford this drug,” he adds. In-house manufacturing the norm. Industry split over the pricing issues.

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Insulin Manufacturing Contract Manufacturing Production 328

Pharmacy Checkers

NOVEMBER 19, 2020

Forgetting about the potential dangers to competition from corporate Leviathan Amazon, that it launched a new online pharmacy this week will certainly appeal to tens of millions of Americans. Prescription drugs are yet another thing you can get when you go to Amazon.com. A vial or brand Humalog runs about $30 in Canada.

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Pharmacy Insulin Branding Drugs 52

Pharmacy Checkers

AUGUST 20, 2020

More than ever, if an American compares drug prices on PharmacyChecker.com, they will learn that most generic drugs are far cheaper domestically than in Canada – or, in some cases, even India. afford medication at their local pharmacy. . Many of you know that prices on the same brand name drugs sold outside the U.S.

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Generic Drugs Pharmacy Drugs Branding 94

STAT News

JANUARY 24, 2023

users with a new prescription benefit called RxPass, which will allow Prime members to get as many drugs as they need for $5 a month from a list of 50 generic medications used to treat more than 80 common conditions , CNBC tells us. Amazon … Amazon is beefing up its Prime program for U.S.

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Generic Drugs Pharmacy Drugs Branding 98

Drug Channels

AUGUST 13, 2021

Stacey discusses how a patient support vendor can help specialty pharmacy patients attain prior authorizations and access critical therapies. d/b/a Drug Channels Institute. Drug Channels® is a registered trademark of Pembroke Consulting, Inc. Read on for Stacey’s insights. This Feed is for personal non-commercial use only.

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Branding Pharmacy Business Development Manufacturing 75

Pharmaceutical Technology

JULY 14, 2022

The commercial investment required to research and develop an innovative drug, prove its safety and efficacy, and bring it to market is staggering. Most famously, the US passed its Orphan Drug Act in 1983, providing innovators with financial motivation to develop orphan drugs and meet the needs of these forgotten patients.

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Drugs Medicine Marketing Development 147

Drug Channels

JULY 23, 2020

The stunning growth of specialty pharmacies in the 340B Drug Pricing Program has accelerated a troubling trend: Patients covered by commercial insurance and Medicare Part D are footing the bill for 340B savings. Our indisputable math exposes the little-understood economics behind specialty pharmacies in the 340B program.

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Pharmacy Branding Drugs 52

Druggist

SEPTEMBER 30, 2020

Buscopan and mebeverine are two common drugs used for symptomatic treatment of irritable bowel syndrome (IBS). Both drugs can be prescribed by a doctor or purchased over the counter from pharmacies and in case of Bucopa IBS relief from supermarkets. Buscopan vs Mebeverine lists similarities and differences between both drugs.

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Pharmacy Containment Drugs Branding 98