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Massachusetts cannot ban FDA-approved painkiller, judge rules
By Washington Post | April 16, 2014
A federal judge on Tuesday blocked an effort by Massachusetts Gov. Deval Patrick to ban sales of a controversial new painkiller in the state, saying the governor's move was pre-empted by federal law and could harm people who need the drug for pain relief.
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J&J's Q1 profit up 8% on sales jump, lower costs
By Associated Press | April 16, 2014
A turnaround in Johnson & Johnson's prescription medicine business fueled by new drugs, combined with reduced production and administration expenses, lifted first-quarter profit by 8%.
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Medtronic appeals heart-valve device ruling
By Sabriya Rice | April 15, 2014 | Basic Web Basic Web Subscription Details
Medtronic has appealed a ruling by a federal judge which restricts use of the company's new heart valve device to a limited number of U.S. patients. Although the judge indicated that the Medtronic device is safer and has better outcomes than that of its competitor, Edwards Lifesciences, a...
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Health spending up after years of 'self-rationing,' report finds
By Andis Robeznieks | April 15, 2014 | Basic Web Basic Web Subscription Details
Patients are returning to the healthcare system after “several years of self-rationing,” as reflected in a 3.2% increase in 2013 prescription-drug expenditures to $329.2 billion, according to a new report.
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Novartis overtakes Pfizer as top drug company
By Michael Sandler | April 13, 2014 | Basic Web Basic Web Subscription Details
A robust sales year for three of Novartis' medications allowed the firm to pass reeling Pfizer for the top spot on Modern Healthcare's annual list of largest publicly traded pharmaceutical companies.
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25 Largest publicly traded pharmaceutical companies
April 12, 2014
A list of the largest publicly traded pharmaceutical companies, ranked by 2013 revenue reported to the U.S. Securities and Exchange Commission and other sources. Source: Modern Healthcare reporting. Published April 14, 2014. p. 32
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8 Secrets to Good Relationship Management in the Supply Chain
By Christina Galoozis, Modern Healthcare Custom Media | April 11, 2014
Your relationship skills need a check-up.
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Texas holds off on proposed limits for costly hepatitis drug
By Reuters via Yahoo | April 11, 2014
Texas is reconsidering whether to impose strict limits on Gilead Sciences' $84,000 hepatitis C treatment for patients on the state's Medicaid health plan for the poor, at the urging of outside advisers, a state official said on Friday.
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Stockpiles of Tamiflu a waste of money, studies conclude
By Sabriya Rice | April 10, 2014 | Basic Web Basic Web Subscription Details
Stockpiling drugs intended to treat symptoms in patients suffering from the flu is essentially a waste of money, according to two new studies finding that the effectiveness of the antivirals is vastly overstated and the harms underplayed. The companies that make the drugs and the Centers for...
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Early exchange enrollees were sicker, sought costlier drugs, study says
By Paul Demko | April 09, 2014 | Basic Web Basic Web Subscription Details
Many of the individuals who rushed to buy health insurance plans during the early months of open enrollment, despite the technological problems involved, were dealing with significant medical issues that may have previously locked them out of the insurance marketplace, a study suggests.
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