Drug Channels

NOVEMBER 28, 2023

In this issue: A reality check on Express Scripts’ purported “cost-based” pharmacy network Mark Cuban explains how and why the PBM market will change Why two drug prices are better than one Pharmacists sing the retail pharmacy shakeout blues Plus, two Philly legends meet at a cardiology conference!

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Pharmacy Drugs Cardiology Marketing 75

World of DTC Marketing

JUNE 22, 2022

Then there is the cost of generic drugs. A recent study in the An­nals of In­ter­nal Med­i­cine took a look at al­most 90 gener­ic drugs that the Medicare Part D pro­gram pays for, find­ing that Medicare could’ve saved $3.6 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

Pharmaceutical Technology

JULY 25, 2022

Despite this, specialty generics are expected to be the domain of a handful of companies with the necessary manufacturing capabilities and legal backing needed for entering the market. The only way forward for generics producers. The only way forward for generics producers.

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Drugs Manufacturing Production Marketing 298

pharmaphorum

JANUARY 25, 2022

Mark Cuban, billionaire owner of the Dallas Mavericks basketball team, just got involved in the online pharmacy business, promising to “shield consumers from inflated drug prices.” Ulcerative colitis therapy mesalamine can be had from the online pharmacy for $32.40 All drugs are priced at cost plus 15% !

Medicine 52

Medicine Pharmacy Generic Drugs Drugs 52

World of DTC Marketing

JULY 27, 2022

A drug’s out-of-pocket cost is primarily the result of decisions made by insurance companies and pharmacy benefit managers (PBMs). Pharmacy benefit managers are seeking to maximize their profits and the profits of their insurer clients. Insurers and PBMs have even devised schemes to overcharge patients for generic drugs.

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Pharmacy Generic Drugs Medicine Drugs 226

World of DTC Marketing

AUGUST 7, 2022

Once limited to a few new treatments, it’s now being applied widely, even to generic drugs and established regimens.?The Additionally, the act would cap out-of-pocket drug spending under Medicare at $2,000. Part D plans differ in premiums, deductibles, co-pays, formularies, tiers, and preferred pharmacies. The result:?

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Doctor Doctors Generic Drugs Drugs 263

Drug Channels

AUGUST 17, 2021

The generic prescription market is being disrupted—but not by the big, bad spaceman from Seattle. Meanwhile, our crazy pharmacy pricing system deters pharmacies from pursuing consumer-driven pricing and PBMs from undercutting their own clients. Instead, consider how GoodRx is affecting patients, payers, and PBMs.

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Pharmacy Marketing Drugs Generic Drugs 89

Drug Channels

DECEMBER 13, 2021

This week, I’m rerunning some popular posts while I prepare for this Friday’s live video webinar: Drug Channels Outlook 2022. The generic prescription market is being disrupted—but not by the big, bad spaceman from Seattle. Click here to see the original post and comments from August 2021.

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Pharmacy Drugs Marketing Generic Drugs 87

Drug Channels

FEBRUARY 23, 2021

In this issue: Payers confess: Patients lose from copay accumulators Humana joins the Express Scripts GPO Hospitals vs. PBMs over specialty pharmacy white bagging Let’s all follow the Buy-and-Bill Dollar! Plus, entrepreneurial pharmacy owner Dave Marley demonstrates the power of innovation. Marley Drug generated $1.7

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Pharmacy Drugs Production Generic Drugs 52

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. In fact, many people reported that when they were switched to the Teva generic Wellbutrin XL, their depression returned. Compare Wellbutrin Prices.

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Branding FDA Approval Pharmacy Bioequivalency 62

Pharmacy Checkers

DECEMBER 5, 2019

While the DAL doesn’t legalize personal medicine imports of drugs approved in a foreign market, China will exempt or be lenient for imports of small quantities of such drugs. It will be interesting to see how this change in law impacts the international online pharmacy market.

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Sales Medicine Pharmacy Drugs 64

Drug Channels

JUNE 27, 2021

As you declare your vaccinated independence, celebrate with these Drug Channels fireworks: Amazon’s teeny step toward pharmacy disruption How patients view copay accumulators My $0.02 on generic and biosimilar trends Some hospitals seem to be gaming their 340B eligibility Plus, tips on effective hospital marketing.

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Drugs Pharmacy Vaccination Vaccine 52

Pharmacy Checkers

NOVEMBER 21, 2019

The Food and Drug Administration (FDA) is just one agency out of the many that make up the United States Department of Health and Human Services and, from PharmacyChecker’s relatively small (non-regulatory) role of helping verify online pharmacies to protect public health, I’ve learned just how insanely massive its mandate is.

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Generic Drugs Manufacturing Drugs Regulation 68

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. . “Manufacturers get a bad rap as being the source of high pricing for patient meds.

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Drugs Manufacturing Pharmacy Branding 144

pharmaphorum

AUGUST 20, 2020

Teva mainly administered the scheme through its specialty pharmacy, Advanced Care Scripts (ACS) with payments amounting to around $300 million during the period, according to the complaint. During that period Teva raised the price from around $17,000 per year to over $73,000 per year, the DoJ alleges.

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Generic Drugs Sales Pharmacy Pharma Companies 115

The Pharma Data

JULY 29, 2021

The substitution may occur at the pharmacy, a practice commonly called “pharmacy-level substitution” – much like how generic drugs are substituted for brand name drugs, subject to state pharmacy laws, which vary by state. Biosimilars marketed in the U.S.

Insulin 52

Insulin Production FDA Approval Generic Drugs 52

Pharmacy Checkers

JANUARY 10, 2020

costs only $90 for a three-month supply at the lowest-cost PharmacyChecker-accredited international online pharmacy: a savings of 71%. We know there are many doctors, nurses and other prescribing medical professionals who recommend PharmacyChecker or have learned of trusted licensed foreign pharmacies though their own research.

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FDA Approval Branding Pharmacy Manufacturing 62

FDA Law Blog

APRIL 8, 2024

For generic drug manufacturing facilities specifically, the numbers are 63% and 87%. FDA previously analyzed 163 drugs that went into shortage in the 5-year period between 2013 and 2017; 63% (103) were sterile injectables and 67% (109) were drugs that have a generic version on the market. In Section I.A,

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Drugs Manufacturing Generic Drugs Production 57

FDA Law Blog

APRIL 30, 2021

Some of the bills introduced are related to a House Judiciary Antitrust Subcommittee hearing, titled “ Addressing Anticompetitive Conduct and Consolidation in Health Care Markets ,” while others found their way into the Bill Hopper because of a renewed interest in Congress to address drug prices (see a recent U.S. Both bills – S.

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Generic Drugs Drugs Production Branding 40

FDA Law Blog

APRIL 30, 2021

Some of the bills introduced are related to a House Judiciary Antitrust Subcommittee hearing, titled “ Addressing Anticompetitive Conduct and Consolidation in Health Care Markets ,” while others found their way into the Bill Hopper because of a renewed interest in Congress to address drug prices (see a recent U.S. Both bills – S.

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Generic Drugs Drugs Production Branding 40

Pharmacy Checkers

MAY 22, 2020

The drugs Americans buy at local pharmacies, such as Walgreens or CVS, are sometimes 10 times more expensive than elsewhere for drugs that were not made in the U.S. Yet the FDA and Big Pharma warn consumers not to import the same drug even though it’s much cheaper if they order it online from other countries.

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Manufacturing Drugs Generic Drugs Branding 98

XTalks

FEBRUARY 8, 2021

In order to fact-check some of these misconceptions, the US Food and Drug Administration (FDA) recently hosted a webinar on biosimilar and interchangeable biological products to help healthcare professionals understand more about these treatment options. Biosimilars are the “generic” drugs of the biopharma world.

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Production Insulin Branding Generic Drugs 58

FDA Law Blog

JUNE 16, 2023

Kirschenbaum — On May 24, Minnesota enacted the Commerce and Consumer Protection Omnibus Bill, Senate File 2744 ( SF 2744 ), which significantly expands the state’s existing drug pricing activities with serious implications for all drug manufacturers, and particularly generic drug manufacturers.

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Drugs Manufacturing Generic Drugs Production 44

pharmaphorum

SEPTEMBER 9, 2022

The pharmaceutical industry is globalized: generic drugs manufactured at sites in India will be produced using imported materials and be shipped to distributors worldwide, who will coordinate distributing them to retail businesses or pharmacies,” said the whitepaper.

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Production Pharma Companies Generic Drugs Medicine 105

Pharmaceutical Technology

JULY 15, 2022

Nothing epitomises market failures more than the cost of insulin,” Newsom said in a video posted on Twitter. CivicaRx is a non-profit generic drug company producing affordable insulin biosimilars in collaboration with the Juvenile Diabetes Research Foundation (JDRF). In-house manufacturing the norm.

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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. market to lower drug price.

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Pharmacy Insulin Branding Drugs 52

Druggist

MARCH 25, 2021

Can I ask the pharmacy to dispense Cerazette instead of Cerelle? Do generic, and branded drugs produce exactly the same effect? . Before December 2015, Cerazette was protected by a patent, which gave producers of this pill exclusive rights of supply of desogestrel in the UK and other markets. How can I get Cerazette pill?

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Branding Bioequivalency Pharmacy Generic Drugs 98

Druggist

MARCH 8, 2021

In pharmaceuticals, it is possible to market enantiomers as separate drugs. Common prescription drugs which exist as mirror images of each other are for example esomeprazole and omeprazole (see Esomeprazole vs Omeprazole post). . Atomoxetine availability in the UK. Is atomoxetine a cognitive enhancer?

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Drugs Licensing Licensing Doctors 90

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

Pharmacy Checkers

DECEMBER 12, 2019

wholesale importation of lower-cost drugs. Opponents of Americans buying less expensive drugs from overseas pharmacies (i.e. Food and Drug Administration exemplifies the “gold standard” in drug safety. We can no longer afford to accept Pharma’s Alice in Wonderland arguments against drug importation.

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Drugs Manufacturing Medicine Regulation 71

The Pharma Data

MAY 7, 2021

. Adcomm splits slightly in favor of FDA approving ChemoCentryx’s rare disease drug ( Endpoints ). Massachusetts sues Publicis for designing ‘marketing schemes’ to boost OxyContin sales ( STAT ). US move to loosen vaccine patents will draw drug companies to bargain ( Reuters ).

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Vaccination Vaccine Drugs Regulation 52

Pharmaceutical Technology

MAY 3, 2023

Since 2015, the US Food and Drug Administration (FDA) has approved more than 450 “first generics” or the first generic equivalent for a branded drug. These medicines comprise about 10% of all generics approved each year. However, that percentage of multiple first generics is not very high—approximately 10.6%

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Generic Drugs Branding Drugs Production 246

Pharmaceutical Technology

DECEMBER 4, 2022

Starting in January, multiple biosimilars of AbbVie’s blockbuster drug Humira are set to flood the US pharmaceutical market. The arrival of Humira biosimilars is expected to provide cost-effective alternatives to the anti-tumor necrosis factor (TNF) biologic, but their eventual position on the market remains to be seen.

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Marketing Pharmacy Production Branding 262

Pharmacy Checkers

JUNE 21, 2019

With drug prices in the spotlight of our national healthcare debate, one could certainly view Amazon’s entry last year into the pharmacy space as a welcome development. to bring lower-cost generic drugs to market faster are a great step in. prescription drugs. The price at a pharmacy. pharmacies.

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Pharmacy Drugs Branding Medicine 61

Pharmaceutical Technology

JANUARY 6, 2023

Novartis has also been on the receiving end of litigation with the Greek health ministry, academic institutes, and more, engaging the drug company in other legal disputes. The agreement outlined that Par would keep its generic equivalent off the market for as many as two years, delaying the generic launch till September 30, 2014.

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Doctors Doctor Drugs Sales 242

Pharmacy Checkers

OCTOBER 11, 2019

It doesn’t relate – at least not directly – to personal drug importation, but it frees the hands of drug companies to sell their own foreign versions of FDA-approved drugs at lower prices in the U.S. Its indirect relation to personal drug importation is noted at the end of this post. Some of this is guesswork.

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FDA Approval Drugs Manufacturing Pharmacy 55

Pharmacy Checkers

MAY 1, 2020

In late March, drug giant Bayer Pharmaceuticals, out of the goodness of its heart, agreed to donate three million tablets of chloroquine phosphate to help the Trump administration get this drug into U.S. pharmacies. If you don’t, then you’re much more likely to get a counterfeit or otherwise substandard drug.

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Drugs Pharmacy Manufacturing Production 53