Tag Archives: health

BioCentury TV This Week: 340B Drug Discount Program Needs More Oversight

Todd

BIO’s Laurel Todd shared concerns that the 340B program has departed significantly from its original intent, leading to evidence of abuse and potentially harmful consequences for patients. “The original intent of 340B was to support the most vulnerable patients; clearly that is not the focus for many of the participants in the program now,” said Todd. Todd pointed to three primary reasons the program needs more oversight: Exponential growth, significant violations revealed in audits, and Read More >

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Beggar-Thy-Neighbor Medicine: Wall Street Journal Op-Ed

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In an editorial about specialty drug prices, the Wall Street Journal writes: “To understand how ObamaCare is already bending the future of U.S. medical progress, consult the furor over specialty drug prices, as an alliance of convenience among third-party payers assails pharmaceutical innovation as too costly. Maybe patients should give up on cures and, as President Obama once put it, just take the painkiller…” Read the full opinion

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Jim Greenwood Talks 21st Century Cures with Chairman Fred Upton

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Recently, BIO CEO and President Jim Greenwood sat down with House Energy and Commerce Chairman Fred Upton (R-MI) to talk about the Committee’s 21st Century Cures initiative, which seeks to “determine what steps we can take to ensure we are taking full advantage of the advances this country has made in science” to speed and improve drug discovery, development and delivery.  This is a bipartisan effort Chairman Upton and the committee are undertaking with the Read More >

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The Cancer Death-Panel App

Annie Cavanagh. Wellcome Images

In an article for the New York Post, Robert Goldberg, vice president of the Center for Medicine in the Public Interest, wrote about an app that will use an algorithm like those health plans apply to limit access to innovative treatments: “At ASCO’s national conference, Dr. Lee Newcomer, United Healthcare’s medical director, said the ‘motives [of insurers] are viewed with suspicion when it comes to deciding whether a treatment is cost-effective. So having ASCO play Read More >

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AIR 340B New Report: Contract Pharmacy Growth in 340B

AIR 340B

Today, the Alliance for Integrity and Reform of 340B (AIR 340B) released a white paper – The Impact of Growth in 340B Contract Pharmacy Arrangements – showingthat rapid contract pharmacy growth in the 340B program may not directly benefit the vulnerable patients for whom the program is intended. The paper highlights the growth of thousands of for-profit retail pharmacies – many of which are located in wealthier areas of the country. As of January 2014, Read More >

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