http://www.pharmtech.com/pharmtech/News/Europe-Establishes-First-Facility-for-Cell-Based-T/ArticleStandard/Article/detail/793994?contextCategoryId=35097&ref=25
Social media enthusiast at the intersection of IT and Health care. Employee of The Drug Information Association: The Global Forum for Therapeutic Innovation & Regulatory Science - A Neutral, Nonprofit Association
Showing posts with label PharmTech Talk. Show all posts
Showing posts with label PharmTech Talk. Show all posts
Wednesday, October 24, 2012
Europe Establishes First Facility for Cell-Based Therapeutics
http://www.pharmtech.com/pharmtech/News/Europe-Establishes-First-Facility-for-Cell-Based-T/ArticleStandard/Article/detail/793994?contextCategoryId=35097&ref=25
Thursday, April 26, 2012
FDA’s draft guidance documents on Biosimilars - from PharmTech Talk
From PharmTech Talk
A careful slog through the comments, revealed a few common issues, but also some topics that reflected the commentator’s industry outlook. Both BIO and PhRMA, industry trade groups, commented on the importance of protecting the innovator’s data until the period of exclusivity had expired, and also requested that the criteria for granting exclusivity be further clarified.
More than a few of the commentators asked for clarification around interchangeability. The guidance document has little detail on the topic, other than defining it as an approval designation permitting free substitution with the innovator product. Companies including Elan, Bayer, and Novo Nordisk asked that the agency provide more detail around the requirements for interchangeability, both in terms of product characterization and the sequence of steps to follow to obtain that designation.
for more of Amy's analysis, see http://blog.pharmtech.com/2012/04/25/a-few-comments-on-the-comments/
Friday, April 6, 2012
Obamacare’s Effect on Drug Spending
This blog post was written by Ben Comer.
Provisions in the Affordable Care Act (ACA) drove out-of-pocket costs down, while increasing drug spending among 19 to 25-year-olds in 2011, according to research published on Wednesday. The decline observed in overall out-of-pocket spending last year was the “first on record,” and was “largely related to the introduction of the ‘donut-hole’ subsidy for Medicare Part D beneficiaries,” a highly-touted element of the ACA, according to the IMS Institute for Healthcare Informatics. While copays for commercial providers and Medicaid were flat (average commercial plan copays increased by $1.14, to $26.10 in 2011), seniors covered by Medicare Part D got the largest break, with average copays decreasing by $2.66 – from $25.97 in 2010, to $23.31 in 2011 – according to the report.
The dip in copay costs for seniors didn’t translate into an increase in volume for chronic or acute medications, however; in fact, patients 65-years and older reduced their drug usage by 3.1%. Prescription use among the same group declined in 2010 as well, by 2.7%, but the last two years represent an inflection from prior years, when “seniors’ usage of medicines grew on average at 4%,” the report found. College-aged patients (19-24 years old), on the other hand, were the only age group to increase their drug usage, by a modest 2%. That increase “coincides with the first full year of implementation of the provision of the ACA allowing under-26-year-olds to stay on their parents’ health insurance,” according to the report.Michael Kleinrock, director of research development at the institute, said on a call with reporters that patients over 65 years old are foregoing the medications they use the most. Drug usage for hypertension, the most common disease among this population, decreased more than any other class of drugs. “This correlates strongly with the economy…seniors are on a fixed income, and costs [of living] are rising,” said Kleinrock on the call. Kleinrock called the development a “tipping point,” adding that seniors are resetting their expectations around how often, and under what circumstances, they will visit a doctor.
Per capita figures adjusted for currency changes showed a 0.5% growth in total drug spending in 2011 – to $320 billion. Other fun facts from the report include:
more...
http://blog.pharmtech.com/2012/04/06/obamacares-effect-on-drug-spending/
Thursday, April 5, 2012
Pooling Resources to Strengthen Supply-Chain Security
With around 80% of APIs manufactured outside the US, many in
developing nations without strong regulatory oversight, ensuring the
quality and safety of the US’s drug supply is a herculean task. FDA has
already taken steps to increase the number of overseas inspections, but
it is impractical to assume that one agency is capable of inspecting
the world’s manufacturing operations on its own. The Institute of
Medicine released a report on Apr. 4, 2012 outlining several practical steps that FDA could take to strengthen supply-chain security.
One recommendation that stands out is that regulatory bodies in developed nations should work together to plan inspections and pool data, and should develop a harmonized set of inspection requirements so that inspections made by one country do not have to be repeated by other countries. According to the accompanying press release, “The report urges FDA and its technologically advanced counterparts in the European Union, Canada, Japan, Norway, Iceland, Switzerland, Australia, and New Zealand to plan a system for mutual recognition of one another’s inspections, which would eliminate the wasteful duplication of effort. There is no need for American and European inspectors to examine the same facilities, especially when a vast number of facilities go uninspected.”
http://blog.pharmtech.com/2012/04/05/pooling-resources-to-strengthen-supply-chain-security/
One recommendation that stands out is that regulatory bodies in developed nations should work together to plan inspections and pool data, and should develop a harmonized set of inspection requirements so that inspections made by one country do not have to be repeated by other countries. According to the accompanying press release, “The report urges FDA and its technologically advanced counterparts in the European Union, Canada, Japan, Norway, Iceland, Switzerland, Australia, and New Zealand to plan a system for mutual recognition of one another’s inspections, which would eliminate the wasteful duplication of effort. There is no need for American and European inspectors to examine the same facilities, especially when a vast number of facilities go uninspected.”
http://blog.pharmtech.com/2012/04/05/pooling-resources-to-strengthen-supply-chain-security/
Friday, March 30, 2012
ACA, JOBS Act, National health info, Crowdfunding and the Healthcare Market
Last week marked the two-year anniversary of the passage of the Affordable
Care Act (ACA). With heightened focus on the ACA continuing this week,
especially on the individual mandate, it’s important to take a step back
and understand the strides that ...
PharmTech Talk
Amid one of the most divisive eras in our nation’s political history, one
thing we can all pretty much agree on is the fact that our stalled economic
engine needs a jumpstart.
According to recent *data* from the US Bureau of Labor Statistics, the ...
American Medical News
Health care organizations and federal agencies that piloted a data exchange
say it’s ready to separate from the government.
How Crowdfunding Affects the Healthcare Market, and Your Walletfrom HealthWorks Collective - The world's best thinkers on healthcare by HerinaAyot
Crowdfunding
may have an interesting effect on the healthcare space. Unlike
technology, entertainment, retail and other sectors, novel medical
technologies and therapeutics take years of pre-development, and require
institutional manpower to further growth. Thus, most biotech and pharma
companies do not consider their early-stage investors to be the general
public, and only in certain cases are they in a position to raise
‘quick capital’ at this juncture.
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