Category Archives: Health

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New PhRMA report: Nearly 800 Cancer Medicines in Development

vaccines

A new report from the Pharmaceutical Research and Manufacturers of America (PhRMA) shows that biopharma companies are currently developing nearly 800 new medicines and vaccines for cancer. “In recent decades, we have seen great progress in developing effective cancer treatments that help extend lives, improve quality of life and increase productivity,” said PhRMA President and CEO John J. Castellani. “Continued research has expanded our knowledge of how cancer develops and how to target medicines for Read More >

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Washington Post: Why Extremely Expensive Drugs Are Often Worth the Cost

Breast Cancer

Jason Millman highlights a new study published in Health Affairs showing specialty drugs often provide ‘substantially much higher health benefits than the traditional drugs.’ “Our study suggests that although specialty drugs often have higher costs than traditional drugs, they also tend to confer greater benefits and hence may still offer reasonable value for money,” wrote the researchers at the Boston-based Center for Value and Risk in Health. The study authors judged the drugs’ performance by Read More >

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Health Affairs: 5 Myths about Cancer Care in America

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In the latest issue of Health Affairs, Dana Goldman of the University of Southern California in Los Angeles and Tomas Philipson at the University of Chicago – two of the nation’s leading economists – debunk the most common misconceptions about cancer treatment. They argue that evidence shows that patients value these treatments more highly than what is illustrated through traditional cost-effectiveness analysis. Furthermore, they assert coverage policies that place an undue burden on patients are Read More >

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Cancer drugs save and extend lives

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This week, CBS aired a misleading segment on the cost of innovative cancer therapies. BIO immediately responded by pointing out that the segment completely ignored the value created by these drugs for patients and the healthcare system. “Cancer patients today are able to live longer and enjoy a higher quality of life than ever before thanks to medicines made by biopharmaceutical research companies,” said Jim Greenwood, BIO President and CEO. “Advances in cancer treatment are Read More >

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5 Priorities for Reducing Infant Mortality

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In the U.S., the number of babies who die in their first year of life is declining, with an all-time low 6.4 infant mortality rate (6.4 deaths for every 1,000 live births) reported in 2009, according to the most recent available data. Yet there are persistent disparities that affect racial and ethnic minorities and geographic areas and to address these disparities, Secretary Sebelius recently announced the first-ever national strategy to address infant mortality. The Maternal Read More >

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