Fri.Mar 10, 2023

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Show Me the Way: Technician-Led Pharmacy Services

Drug Topics

Pharmacy technicians can play an important role in leadership at the pharmacy.

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STAT+: SVB, biotech’s bank of choice, just failed. It could have ripple effects

STAT

Silicon Valley Bank, which does business with roughly half of the nation’s tech and biotech companies, failed on Friday. Now, as federal regulators step in to clean up SVB’s mess, biotech startups are left wondering: What happens to their money, and who’s going to finance the industry? On Friday morning, the Federal Deposit Insurance Corporation took control of SVB and is presiding over a sale of the firm’s assets to cover clients’ deposits.

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PBM Formulary Exclusions List Reaches All-Time High

Drug Topics

Critics of PBM's say that the high number of exclusions narrows patient options and make medications financially inaccessible.

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IQVIA’s OG of data analytics on the latest clinical trial trends

PharmaVoice

IQVIA Institute’s Murray Aitken is the man behind the numbers, and here, shares the newest findings on clinical trial burnout, diversity and more.

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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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Controversial Preterm Birth Prevention Drug To Be Removed From Market

Drug Topics

The drug, called Makena, was intended to stop premature births, but has not been effective in its goal, says the FDA.

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Opinion: Ranked to fail: Does gatekeeping affect diversity in The Match?

STAT

For graduating medical students hoping to secure a residency training position — and that’s virtually all of them — Match Day is the most anticipated day of the year. The Match is the culmination of medical school, application preparation, interviews, and recruitment events. It’s like a traditional job search but without the room for negotiation since it is based on an algorithm that announces job placement once a year, on the third Friday of March, for all participat

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Generative AI’s Breakthrough Potential in Pharma Marketing

PharmExec

How platforms like ChatGPT could transform engagement models.

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Pfizer hopes to nose out competition with approval for new migraine nasal spray Zavzpret

Fierce Pharma

Pfizer hopes to nose out competition with approval for new migraine nasal spray Zavzpret kdunleavy Fri, 03/10/2023 - 10:22

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Medicaid health plans try to protect members—and profits—during unwinding

Fierce Healthcare

Medicaid health plans try to protect members—and profits—during unwinding pminemyer Fri, 03/10/2023 - 13:44

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New facility boosts UK’s cell and gene therapy manufacturing capacity

Pharmaceutical Technology

On 10 March, the National Health Service Blood and Transplant (NHSBT) opened a new Clinical Biotechnology Centre (CBC) with the aim of improving the UK’s ability to develop and manufacture cell and gene therapies. A £9.3 million ($11 million) grant is being used to build the facility in Bristol where therapies for currently incurable diseases, such as some forms of cancer, sickle cell disease, and cystic fibrosis can be manufactured.

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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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Goli Nutrition debuts Women’s PMS Relief Gummies

Drug Store News

To launch its new gummies, the brand is debuting a campaign that celebrates PMS through a musical approach.

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These are the major challenges hospital executives expect to face this year

Fierce Healthcare

These are the major challenges hospital executives expect to face this year fdiamond Fri, 03/10/2023 - 15:47

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Enhancing bioavailability in ocular drug delivery

European Pharmaceutical Review

A review by researchers on ocular drug delivery discussed strategies that could enhance ocular bioavailability. Currently, effective topical administration is challenging as the industry aims to prolong drug residence time and guarantee appropriate ocular permeation. Although many potent drugs are available to treat most ocular complaints, there are barriers such as tear film, corneal and conjunctival.

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Political headwinds grow against CMMI accelerated approval drug price model

Fierce Healthcare

Political headwinds grow against CMMI accelerated approval drug price model rking Fri, 03/10/2023 - 16:16

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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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FDA calls expert hearing for Intercept’s high-profile NASH application for Ocaliva

Fierce Pharma

FDA calls expert hearing for Intercept’s high-profile NASH application for Ocaliva aliu Fri, 03/10/2023 - 10:49

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New female-led, encrypted period tracker app Embody to launch this summer

Fierce Healthcare

New female-led, encrypted period tracker app Embody to launch this summer agliadkovskaya Fri, 03/10/2023 - 14:34

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US FDA approves Pfizer’s migraine nasal spray Zavzpret

Pharmaceutical Technology

The US Food and Drug Administration (FDA) has granted approval for Pfizer ’s Zavzpret (zavegepant) for the acute treatment of migraine in adult patients with or without aura. Zavzpret is claimed to be the first and only calcitonin gene-related peptide (CGRP) receptor antagonist nasal spray approved to treat migraine. It is a third-generation, selective and structurally unique, small molecule CGRP receptor antagonist and is currently under clinical development with oral and intranasal formulation

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Feds shut down tech investor Silicon Valley Bank, major investor in health tech, biotech companies

Fierce Healthcare

Feds shut down tech investor Silicon Valley Bank, major investor in health tech, biotech companies fdiamond Fri, 03/10/2023 - 14:49

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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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STAT+: Medicare will take R&D costs, effectiveness into account when it negotiates drug prices. But studies show that doesn’t affect prices

STAT

By law, Medicare will have to take a medication’s efficacy and its research and development costs into account when it starts to negotiate drug prices — but recent research shows pharma companies ignore those factors when they pick prices for their products. Two recent studies aimed to quantify how much R&D costs impact a drug’s price, and how much a drug’s effectiveness correlates with its price — factors that might, in theory, help justify a sizable price

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Senators urge CMS to close 'loopholes' in payer price transparency rule

Fierce Healthcare

Senators urge CMS to close 'loopholes' in payer price transparency rule pminemyer Fri, 03/10/2023 - 16:12

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Antioxidant and anti-inflammatory therapy worsens cognitive and psychological outcomes following sepsis

Hospital Pharmacy Europe

Antioxidant and anti-inflammatory therapy given to sepsis survivors led to worse cognitive and psychological scores after 6 months The provision of antioxidant and anti-inflammatory treatment for sepsis survivors gave rise to lower cognitive and psychological scores compared to placebo after 6 months, according to a randomised trial by the VICTAS investigators.

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STAT+: Several years later, AstraZeneca says its drug extends life for some early-stage lung cancers

STAT

Ever since the Food and Drug Administration approved osimertinib for some early-stage lung cancer patients to take after surgery, clinicians have debated whether the evidence suggested the drug was worth the cost. The initial results of the phase 3 trial testing the drug were “phenomenal,” said Sandeep Patel, a medical oncologist at the University of California, San Diego.

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Industry Voices—Pharmacists play key role in advancing health equity, pharmacoequity

Fierce Healthcare

Industry Voices—Pharmacists play key role in advancing health equity, pharmacoequity pminemyer Fri, 03/10/2023 - 14:21

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STAT+: Up and down the ladder: The latest comings and goings

STAT

Hired someone new and exciting? Promoted a rising star? Finally solved that hard-to-fill spot? Share the news with us, and we’ll share it with others.   That’s right. Send us your changes, and we’ll find a home for them. Don’t be shy. Everyone wants to know who is coming and going. And here is our regular feature in which we highlight a different person each week.

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Sunscreen usage for anti-aging purposes increases

Drug Store News

Sunscreen and skin protection products saw a surge in retail sales from 2021 to 2022, and the market is expected to grow by 7% in the next year, according to a new survey from Mintel.

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Cell One and CBM partner for cell and gene therapies

Pharmaceutical Technology

Cell One Partners has announced a strategic collaboration with the Center for Breakthrough Medicines (CBM) to expedite the development and commercialisation of cell and gene therapies. Cell One Partners offers virtual company creation and management to its clients for complete aspects of the development and commercialisation of drugs. The collaboration combines the virtual executive leadership and programme management of Cell One Partners with the technologies, capabilities, and capacity of CBM

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HRG reviews 1,875 new items in 2022

Drug Store News

Within the top five categories in independent pharmacy, 564 new items were reviewed, with nearly 17% awarded Stars.

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Providence ends 2022 with ?8.8% operating margin, $6.1B net loss

Fierce Healthcare

Providence ends 2022 with −8.8% operating margin, $6.

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Walgreens Boots Alliance annual ESG virtual event convenes industry leaders for report launch

Drug Store News

Joined by EY, Reckitt and Neurodiversity in the Workplace, discussions covered health equity, sustainability, disability hiring and supply chain resiliency.

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Biotech centre focusing on gene therapies opens in Bristol, UK

Pharmafile

A new state-of-the-art facility named the Clinical Biotechnology Centre (CBC) is opening in Bristol, UK. It cost approximately £10m to build, funded by the UK Government. CBC is aiming to support the UK’s cell and gene therapy (CGT) industry, from manufacturing DNA plasmids and viral vectors which are used to create gene and genetically modified cell therapies, to supporting early phase clinical trials and preclinical work.

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BJ’s Wholesale Club adds 5 new clubs, expands into Alabama

Drug Store News

The opening of the company's first club in Madison, Ala., expands the retailer's footprint to 20 states.

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Ascension reports ?2.9% operating margin in H1 2023, says improvement plan is beginning to make headway

Fierce Healthcare

Ascension reports −2.

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Athena Club’s hair removal products hit Target shelves

Drug Store News

The company's hair removal products are now available at 1,600 Target stores and online.

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