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BIO Newsletter: Drug Discount Program Strays from Patient Health to Hospital Wealth, Cancer Surpasses Malaria as Top Public Health Threat in Africa
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Drug Discount Program Strays from Patient Health to Hospital Wealth
It’s been 25 years since Congress created the 340B Drug Discount Program, a program designed to provide uninsured and vulnerable patients with access to better health care and more affordable prescription drugs. As part of the law, drug manufacturers provide substantial discounts on outpatient medicines and treatments to select health care entities – often referred to as safety-net providers – who are then reimbursed by insurance companies at their regular rate. Participating hospitals are supposed to use the savings to expand or improve care for vulnerable populations. Over the years, however, there has been growing evidence that the program has expanded well past the intent of Congress and that vulnerable patients may not be seeing the benefits the program was designed to provide...
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Cancer Surpasses Malaria as Top Public Health Threat in Africa
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340B Drug Discount Program At-A-Glance
In 1992, with the support of the biopharmaceutical industry, Congress created the 340B Drug Discount Program to help uninsured and vulnerable patients gain access to affordable prescription drugs. Over the years, however, there have been growing signs that this program has expanded well past the intent of Congress and that patients may not be seeing the benefits they deserve...
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Give It a Shot – Protect Yourself from the Flu
Everyday it’s a new headline. The numbers keep rising. No, we’re not talking about the latest lottery jackpot. We’re talking about one of the worst flu seasons in nearly 10 years. But it’s not too late to protect yourself with a flu vaccine – and here’s why you should...
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Biotechnology in Action: How Innovation is Having an Impact in Personalized Medicine
One size does not fit all when it comes to medicine. Treatments that help some patients fail to help others, and the same medicine may cause side effects in only certain patients. As a result, health systems often deliver inefficient care that fails to help large portions of the patient population — at a notable financial cost as well. That’s where personalized medicine comes in...
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Food & Ag Food & Agriculture
BIO Applauds USDA-FDA Agreement to Improve Coordination
BIO is applauding a new agreement announced by the U.S. Department of Agriculture and the Food and Drug Administration to enhance coordination between the two agencies on program areas such as biotechnology...
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Food & Ag Food & Agriculture
When Food Companies Use Lies (and Children!) to Fool Consumers
The social media activity has been swift in response to Stonyfield Organic’s latest video advertisement that uses children to push their non-GMO agenda…
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Food & Ag Food & Agriculture
Is Organic Really Better? 4 Food Myths Debunked By Science
Victor Tangermann writes for Futurism on myths and misconceptions about the food we chose to eat every day. Do foods labeled “organic” actually make us healthier? Are they free of pesticides? Should we be afraid of pesticides in the first place? What about GMOs?
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