Thu.Jan 26, 2023

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For the First Time Medicaid Net Drug Spending Hits Double-Digits

Drug Topics

Spending on specialty drugs fueled a 11% increase in Medicaid drug spending from 2020 to 2021, says Magellan's seventh annual Medicaid Pharmacy Trend Report.

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New Report: More than 160 medicines in development for mental illness

PhRMA

Mental illness represents a broad spectrum of health conditions affecting mood, thinking and behavior. These conditions include depression, bipolar disorder, schizophrenia, substance use disorder, anxiety disorders, eating disorders, obsessive compulsive disorder and post-traumatic stress disorder, among others. Each of these illnesses often varies in its degree of severity, ranging from mild to moderate to severe, and may occur together.

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The Case for Best-in-Class Purchasing Automation and Five Ways to Achieve It

Drug Topics

“Purchasing automation” may sound like just using electronic systems to buy products. But best-in-class purchasing automation is critical to your pharmacy’s success. Our white paper shows you how harnessing advanced technology to enhance your process and optimize purchasing services can give you an integrated, accurate, and efficient solution for all aspects of your purchasing.

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With Twitter in flux, pharma is turning to alternative social spaces

PharmaVoice

Elon Musk’s takeover of Twitter has upended the ways pharma companies communicate with doctors online. Now new social strategies are emerging.

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From Diagnosis to Delivery: How AI is Revolutionizing the Patient Experience

Speaker: Simran Kaur, Founder & CEO at Tattva Health Inc.

The healthcare landscape is being revolutionized by AI and cutting-edge digital technologies, reshaping how patients receive care and interact with providers. In this webinar led by Simran Kaur, we will explore how AI-driven solutions are enhancing patient communication, improving care quality, and empowering preventive and predictive medicine. You'll also learn how AI is streamlining healthcare processes, helping providers offer more efficient, personalized care and enabling faster, data-driven

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Children See Higher Rates of Early Influenza Than Adults

Drug Topics

In a report from the Centers for Disease Control and Prevention, it was shown that symptoms and hospitalizations associated with influenza this season are higher among children than adults.

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BMS settles lawsuit with two fired employees who refused COVID vaccines

Fierce Pharma

BMS settles lawsuit with two fired employees who refused COVID vaccines kdunleavy Thu, 01/26/2023 - 14:30

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A biotech CEO’s favorite ‘F’ word

PharmaVoice

At SFA Therapeutics, patients are the “focus” of Ira Spector’s approach to changing the course of autoimmune disease.

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Live blog: Tracking the meeting of the FDA advisory panel on Covid vaccines

STAT

Fasten your seat belts, folks. We’re about to hit some turbulence. If you’re reading this, you’re interested in the discussion on the future of Covid-19 vaccination that’s going to take place today in a meeting of the Food and Drug Administration’s Vaccines and Related Biological Products Advisory Committee. We at STAT can’t predict the outcome, but we know enough to expect that this meeting will feature some heated debate.

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Gilead’s commercial chief on why 2023 will be a ‘coming out’ year

PharmaVoice

With a rapidly expanding oncology pipeline and a new approval in HIV, Johanna Mercier discusses Gilead’s quest to transform.

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First CAR T-cell therapy recommended on NHS

European Pharmaceutical Review

Yescarta ® ▼(axicabtagene ciloleucel; axi-cel) is now the first chimeric antigen receptor (CAR) T-cell therapy and first personalised immunotherapy to be recommended for routine use on the NHS in England. This is based on final draft guidance from the National Institute for Health and Care Excellence (NICE). The therapy by Gilead Sciences and Kite is indicated for eligible adults with diffuse large B-cell lymphoma (DLBCL) and primary mediastinal large B-cell lymphoma (PMBCL) who have already bee

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Position Your Pharmacy for Expansion

Speaker: Chris Antypas and Josh Halladay

Access to limited distribution drugs and payer contracts are key to pharmacy expansion. But how do you prepare your operations to take the next step? Meaningful data: Collect and share clinical data regarding outcomes, utilization, and more Reporting: Limited distribution models require efficient tracking and reporting systems Workflows: Align workflows with specific pharma and payer contractual requirements For in-depth, expert insights on pharmacy expansion, watch this webinar from Inovalon.

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How Amazon's latest pharmacy move lays the groundwork for longer-term play

Fierce Healthcare

How Amazon's latest pharmacy move lays the groundwork for longer-term play hlandi Thu, 01/26/2023 - 06:16

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FDA advisers recommend updating Covid vaccines

STAT

Advisers to the Food and Drug Administration voted Thursday to back a plan whereby all Covid vaccines would move to the formulation used for the updated boosters, a step toward the goal of creating a single annual Covid shot for most Americans. The panel said that a single vaccine would both be more effective and less confusing to both patients and health care workers.

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Walgreens Boots Alliance reportedly weighing $2B sale of pharmacy automation unit iA

Drug Store News

Walgreens Boots Alliance is weighing a sale of pharmacy automation provider iA, according to a report.

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How COVID-19 may have enhanced the status of preprint studies

Fierce Healthcare

How COVID-19 may have enhanced the status of preprint studies fdiamond Thu, 01/26/2023 - 15:24

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What the FDA's New Dosage Guidance Means for the Future of Clinical Research

Speaker: Dr. Ben Locwin - Biopharmaceutical Executive & Healthcare Futurist

What will the future hold for clinical research? A recent draft from the FDA provides valuable insight. In "Optimizing the Dosage of Human Prescription Drugs and Biological Products for the Treatment of Oncologic Diseases," the FDA notes that "targeted therapies demonstrate different dose-response relationships compared to cytotoxic chemotherapy, such that doses below the Maximum Tolerated Dose (MTD) may have similar efficacy to the MTD but with fewer toxicities.

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ebook: Extractables and leachables: a guide to analytical methods

European Pharmaceutical Review

Typical extractables and leachables (E/L) studies aim to identify, quantify and ultimately minimise any impurities that can migrate from packaging into a final product or drug. Gas or liquid chromatography-mass spectrometry (LC/MS) or (GC/MS) have been widely used in extractables studies however, there are several challenges associated with E&L analyses including: Detection and quantification of unknowns Sensitivity and detection at trace levels Reducing uncertainty factors Increasing s

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CMS approves waiver to enable California to offer Medicaid coverage to incarcerated individuals

Fierce Healthcare

CMS approves waiver to enable California to offer Medicaid coverage to incarcerated individuals rking Thu, 01/26/2023 - 16:16

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After nearly 4 years of deliberation, FDA punts on how to regulate CBD

STAT

WASHINGTON — The FDA is giving up on trying to figure out a way to regulate CBD on its own. The agency announced Thursday that it is formally calling on Congress for help — and, according to one official, looking for guidance on other hemp products like Delta 8 THC, too. For nearly four years, the Food and Drug Administration has been laboring to craft a solution that would allow CBD to be legally sold in capsules, gummy vitamins, and various foods, even though the agency also cons

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DOJ charges 25 in alleged scheme that sold thousands of fake degrees to aspiring nurses

Fierce Healthcare

DOJ charges 25 in alleged scheme that sold thousands of fake degrees to aspiring nurses dmuoio Thu, 01/26/2023 - 13:20

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5 Reasons to Upgrade Your Pharmacy Management Software

Are you still using workarounds to manage your daily operations? To achieve peak performance, it's time to explore other options for specialty and infusion pharmacy software. Streamline pharmacy operations and improve clinical performance with automated processing, real-time data exchange, and electronic decision support. Download this helpful infographic to: Drive efficiency and patient adherence from referral receipt to delivery and ongoing care – all with our Pharmacy Cloud.

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ABPI code updated with first social media guidance

pharmaphorum

Guidance on the way pharma companies communicate about prescription medicines has been updated in the UK to cover use of social media channels for the first time. The document from the Prescription Medicines Code of Practice Authority (PMCPA) arrives in the wake of several cases where drugmakers made promotional statements on social media platforms – including LinkedIn and Instagram – that were deemed to have breached the code of practice laid down by the Association of British Pharmaceutical In

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Opinion: A dangerous loophole for drug ads needs to be closed

STAT

A loophole in prescription drug regulation exposes American consumers to false and misleading claims of drug ads via on-line businesses promoting potent drugs without accurate information about their risks and benefits. Many countries prohibit direct-to-consumer advertising of prescription drugs. The United States allows it, but only if pharmaceutical companies comply with standards for accuracy and balance established and enforced by the Food and Drug Administration.

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Dark & Lovely appoints actress Meagan Good as brand ambassador

Drug Store News

Actress Meagan Good will serve as the face of the Fade Resist collection and full product range, as well as spread awareness about the company’s Building Beautiful Futures initiative.

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Watch: How do the new obesity drugs work?

STAT

Drugs like Wegovy and Ozempic are rapidly growing in popularity as weight-loss treatments. These medications contain semaglutide, a drug originally formulated to help people with diabetes control their blood sugar but also has shown to have a significant effect on appetite and is now also used for obesity. This video explains exactly how these drugs work in the body.

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Sam’s Club outlines store expansion plans

Drug Store News

Sam’s Club is planning to open over 30 new clubs across the United States over the next several years, with the first new club slated to open in 2024.

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STAT+: The unexpected alliance lobbying for Medicare to pay for new obesity drugs

STAT

WASHINGTON — It’s not every day that the pharmaceutical industry, the NAACP, a cancer center, and a nonpartisan think tank are all lobbying to achieve the same policy goal. But an effort to expand Medicare coverage for obesity drugs has managed to unite them all, and many more groups across the health care industry, too.

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Critical Balance of Profit and Cash Flow for Pharmacy Owners

DiversifyRx

Your pharmacy needs a balance of both cash flow and profits to thrive. Winter Is Coming This is even more critical now with the upcoming changes to DIR fees in 2024. These changes will strangulate cash flow for pharmacies for the first several months of 2024. I have been calling this the 2024 DIR Fee Apocalypse. No, I don’t think I am fearmongering.

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STAT+: ChatGPT in health care: 5 burning questions about the buzzy new tool

STAT

If the buzz is to be believed, ChatGPT seems poised to upend everything from high school essays and news articles to computer coding and scientific research. The program has generated huge interest for its ability to write nearly anything it’s asked to write and to answer questions. Microsoft has announced a “multiyear, multibillion dollar” investment — rumored to be as high as $10 billion   — into its maker, the artificial intelligence company OpenAI.

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Conagra Brands highlights 2023 product launches

Drug Store News

Conagra Brands is previewing its 2023 launches from its Snack Pack, Duncan Hines, Mrs. Buttersworth’s and David Seeds lines.

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FDA pulls Evusheld authorization as coronavirus evolution quashes another therapy

STAT

The evolution of the coronavirus has knocked out another treatment. The Food and Drug Administration on Thursday withdrew the authorization of Evusheld, the latest antibody therapy to be rendered ineffective by the mutations the virus has picked up. Notably, Evusheld — unlike other antibody therapies — was not for infected patients, but rather was given as a pre-exposure treatment to people at high risk for severe Covid-19, such as those with compromised immune systems.

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Sam’s Club outlines store expansion plans

Drug Store News

Sam’s Club is planning to open more than 30 new clubs across the United States over the next several years, with the first new location slated for 2024.

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EMA publishes updated Q&A for ICH M10

European Pharmaceutical Review

The European Medicines Agency (EMA) has published an updated Q&A document regarding ICH M10 ‘Bioanalytical Method Validation and Study Sample Analysis’. The ICH M10 guideline provides recommendations on the validation of bioanalytical assays for chemical and biological drugs and their metabolites in biological matrices. These concentration measurements are used as part of regulatory decisions regarding the safety and efficacy of medicinal products.

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Private equity owns at least 130 rural hospitals, and other revelations in a sweeping new report on PE in rural healthcare

Fierce Healthcare

Private equity owns at least 130 rural hospitals, and other revelations in a sweeping new report on PE in rural healthcare agliadkovskaya Thu, 01/26/2023 - 09:45

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Urovant Sciences, Holly Robinson Peete raise awareness for overactive bladders

Drug Store News

Urovant Sciences and Holly Robinson Peete are bringing awareness to overactive bladder symptoms and management options as part of a new campaign.

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Minnesota AG asks Sanford Health, Fairview Health Services to delay 58-hospital merger

Fierce Healthcare

Minnesota AG asks Sanford Health, Fairview Health Services to delay 58-hospital merger dmuoio Thu, 01/26/2023 - 16:08