Tag Archives: medicare

New Patented Drugs Save Us All Money and Help Those in Dire Need

Money and Savings

New patented drugs actually save the United States and its citizens lots of money. In fact, new drugs save 7 times more in non-drug spending than they cost.  Those savings come as new drugs result in reduced hospital and nursing home admissions which far exceed the cost of using newer drugs.  New patented prescription drugs can also reduce the need for expensive surgeries and hospital stays. This data clearly articulates that the cost of treating Read More >

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Biotech and the deficit: CNBC interview at the 2011 BIO International Convention

SnapShot

As budget talks aimed at raising the federal debt ceiling move to the presidential level this week, CNBC came to the 2011 BIO International Convention to interview BIO President and CEO Jim Greenwood about the role biotech can play in lowering the U.S. budget deficit. “There are 10,000 baby boomers entering Medicare every day. What if fewer of them were sick? What if fewer of them had cardiovascular disease and cancer and Alzheimer’s and diabetes?” Read More >

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