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Information
Sizzling drug sales help J&J beat 3Q forecasts
By Reuters | October 15, 2013
Johnson & Johnson reported better-than-expected third-quarter results, as strong growth for prescription drugs overshadowed weaker contributions from its medical device and consumer products businesses.
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Information
The soaring cost of a simple breath
By New York Times | October 14, 2013
Asthma can usually be well controlled with drugs. But being able to afford prescription medications often requires top-notch insurance or plenty of disposable income, and time to hunt for bargains.
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Magazine
Zeroing in on best procurement practices | Supply chain execs discuss strategies for savings on physician-preference items
By Modern Healthcare | October 12, 2013 | Print Magazine Print Magazine Subscription Details
Modern Healthcare's editorial webinar“Cost Saving in Device Procurement: Innovative Strategies on Physician Preference Items” explored...
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Information
Fresenius blocked shipments to U.S. distributor after drug sent for executions
By Reuters | October 11, 2013
Drugmaker Fresenius Kabi confirmed on Thursday that it took the extraordinary step of suspending shipments of a widely used drug to a U.S. distributor this year after 20 vials were mistakenly sent to the state of Missouri to be used in executions.
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Modern Physician
Surgical supply company sues HHS after alert on physician-owned distributorships
By Joe Carlson | October 10, 2013
A government fraud alert last spring warning of the “inherently suspect” nature of physician-owned surgical supply companies led to swift drop-off in business. Now one firm is suing HHS.
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Teva to cut 5,000 jobs to speed up $2 billion in savings
By Bloomberg.com | October 10, 2013
Teva Pharmaceutical Industries, the world's largest maker of generic drugs, plans to eliminate about 5,000 jobs as it accelerates cost reductions amid growing competition for the company's best-selling product.
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Information
Maine to allow prescription drug imports
By Wall Street Journal | October 09, 2013
The hunt for cheaper prescription drugs long has led consumers to reach beyond U.S. borders, but under a Maine law set to take effect Wednesday, their search now will have the state's blessing.
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Information
Texas won't return execution drugs to pharmacy facing scrutiny
By Reuters | October 08, 2013
Texas officials on Monday refused to return lethal drugs they plan to use for an execution this week, despite a demand from the provider, which wanted to remain anonymous but has been thrust into a controversy over capital punishment.
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Vital Signs
Shutdown won't stop FDA advisory meetings
By Jaimy Lee | October 07, 2013
The government shutdown isn't stopping Food and Drug Administration advisory committee meetings scheduled this month, according to drug and device manufacturers.
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Information
Justices seek White House views in medical device case
By Reuters | October 07, 2013
The Supreme Court on Monday sought the legal views of the Obama administration in a medical device manufacturer's appeal of a ruling that the company can be sued by a man who was left paralyzed after using one of its products.
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