BLOG.JMHAMILTONPUBLISHING.COM: Category Archive for Big Pharma

American agents all seem to have a story about suspicious Mexican Army activity.

Posted by J.M. Hamilton Blog at 5/30/2012 7:00 PM | Add Comment

Opium poppy, much like the coca grown in Colombia and Peru, poses a number of problems because there is so much money to be made that powerful political players, from police chiefs to governors, inevitably want a cut.

Posted by J.M. Hamilton Blog at 5/27/2012 7:00 PM | Add Comment

“I’ve had kids on it daily for years,” said Dr. Scott W. Cohen, a pediatrician in Beverly Hills, Calif

Posted by J.M. Hamilton Blog at 5/26/2012 8:00 PM | Add Comment

Gustin L. Reichbach is a justice of the State Supreme Court in Brooklyn.

Posted by J.M. Hamilton Blog at 5/17/2012 9:00 AM | Add Comment

Robert Stutman, an expert in painkiller abuse and a former DEA official, said blocking Cardinal's facility from shipping controlled medicines for two years was "far more meaningful" than levying a fine

Posted by J.M. Hamilton Blog at 5/16/2012 1:30 PM | Add Comment

Of course, obesity is a lucrative market for drug makers, and could offer plenty of room for multiple therapies.

Posted by J.M. Hamilton Blog at 5/15/2012 7:30 AM | Add Comment

“This has been like pulling teeth, trying to get information,” said Burgess, a Republican working on the panel’s investigation, in a telephone interview.

Posted by J.M. Hamilton Blog at 5/4/2012 8:30 PM | Add Comment

DSM's cash offer of $38.50 per share represents a 33 percent premium to Kensey Nash's closing share price on May 2.

Posted by J.M. Hamilton Blog at 5/3/2012 11:59 PM | Add Comment

“There are a lot of really bad things that can happen” from misuse of testosterone, said Sabanegh. “I think it is a highly addictive drug and I think we need to be very careful about treating patients appropriately.”

Posted by J.M. Hamilton Blog at 5/2/2012 5:30 PM | Add Comment

Your tax dollars at work: "Pfizer said Tuesday that it had repurchased $1.7 billion in stock in the first quarter, and expects to buy back about $5 billion by the end of the year."

Posted by J.M. Hamilton Blog at 5/2/2012 5:00 PM | Add Comment

“J&J needs to fix their current ‘house’ before they put on an addition,” McCormick said in an e-mail. “An acquisition would not fix the stock.”

Posted by J.M. Hamilton Blog at 5/2/2012 12:00 AM | Add Comment

Cyberattacks are new territory for the cartels, however. Asked who was behind the hacking, Bojórquez shrugs—it might have been the cartels

Posted by J.M. Hamilton Blog at 5/1/2012 8:00 PM | Add Comment

The U.S. Agency for International Development, or USAID, introduced the high-yielding but acidic tasting CCN-51 cocoa hybrid to Peru in 2002 to offer farmers an alternative to planting coca - the key ingredient in cocaine.

Posted by J.M. Hamilton Blog at 4/29/2012 7:00 PM | Add Comment

Medicare is wasting more than $8 billion on an experimental program that rewards providers of mediocre health care and is unlikely to produce useful results, federal investigators say in a new report.

Posted by J.M. Hamilton Blog at 4/23/2012 3:00 PM | Add Comment

Nestle fell as much as 3.6 percent in Zurich as the shares started trading without the right to a dividend.

Posted by J.M. Hamilton Blog at 4/23/2012 9:30 AM | Add Comment

But there is another factor that might be playing a role in the increasing rates of the disorder, one that has escaped attention: the military’s use of stimulant medications, like Ritalin and Adderall, in our troops.

Posted by J.M. Hamilton Blog at 4/23/2012 9:00 AM | Add Comment

News that up to 100 new drugs could be available in the runup to this year's London Olympics will astonish only the naive.

Posted by J.M. Hamilton Blog at 4/22/2012 12:15 PM | Add Comment

One is that legalization would save the law-enforcement and social costs of arresting hundreds of thousands of adults each year. (Most proposals would keep marijuana illegal for those under 21.)

Posted by J.M. Hamilton Blog at 4/22/2012 10:30 AM | Add Comment

Rethinking the War on Drugs

Posted by J.M. Hamilton Blog at 4/22/2012 9:30 AM | Add Comment

Marijuana fans celebrated their high holiday on Friday in all the traditional ways: smoking, speaking out and — no doubt — snacking.

Posted by J.M. Hamilton Blog at 4/21/2012 2:00 PM | Add Comment

In hundreds of documented cases that undermine a broad swath of research, cancer samples that were supposed to be one type of tumor have turned out to be another, through either careless laboratory handling, mislabeling or other mistakes.

Posted by J.M. Hamilton Blog at 4/21/2012 11:30 AM | Add Comment

"You are essentially legislating medical care. We think doctors should write those regulations, not legislatures," said Shawn Jones, a practicing physician and president of the KMA.

Posted by J.M. Hamilton Blog at 4/20/2012 2:31 PM | Add Comment

The deal is Johnson & Johnson’s largest-ever acquisition and will help it expand its medical devices business, specializing in orthopedics.

Posted by J.M. Hamilton Blog at 4/19/2012 6:00 PM | Add Comment

Human Genome Sciences Inc. (HGSI) rejected an unsolicited offer from GlaxoSmithKline Plc (GSK), its partner on the lupus treatment Benlysta, to buy the U.S. company for about $2.59 billion.

Posted by J.M. Hamilton Blog at 4/19/2012 3:15 PM | Add Comment

Companies that have prospered by spurning offers and remaining independent usually have a strong, informed board that is willing to stand up to both its chief executive and a hostile raider.

Posted by J.M. Hamilton Blog at 4/18/2012 6:00 PM | Add Comment

The deal offers Catalyst shareholders $81.02 a share, a 28% premium to its Tuesday closing price and well ahead of its 52-week high at $67.58.

Posted by J.M. Hamilton Blog at 4/18/2012 12:45 PM | Add Comment

Pfizer Inc. is close to selling its infant-nutrition business to Nestlé SA for at least $9 billion

Posted by J.M. Hamilton Blog at 4/18/2012 12:15 PM | Add Comment

Latin American leaders are also pressuring the United States for an overhaul of anti-drug policies, including possible narcotics legalization as a way to take profits out of the trade.

Posted by J.M. Hamilton Blog at 4/15/2012 7:30 PM | Add Comment

Officials of Bayer, based in Leverkusen, Germany, agreed to pay an average of about $220,000 a case to resolve the claims that its Yasmin and Yaz contraceptives caused sometimes fatal clots that can lead to heart attacks

Posted by J.M. Hamilton Blog at 4/14/2012 5:30 PM | Add Comment

Washington State Gets Real...Initiative 502

Posted by J.M. Hamilton Blog at 4/13/2012 12:30 PM | Add Comment

In 2010, spending on specialty drugs jumped 17.4 percent, compared with only 1.1 percent for other drugs, according to Medco Health Solutions, a pharmacy benefits manager that merged this month with Express Scripts.

Posted by J.M. Hamilton Blog at 4/13/2012 11:30 AM | Add Comment

“Most attorneys general can do the math, and there’s no reason for any state to settle if they can win really big numbers in court.”

Posted by J.M. Hamilton Blog at 4/12/2012 12:00 PM | Add Comment

“Anytime anybody is hurt by a medical device that we’ve manufactured, or anytime that there’s any issue with one of our medical devices, we hate it. We do take it very seriously.”

Posted by J.M. Hamilton Blog at 4/12/2012 7:00 AM | Add Comment

It seems that federal agencies like the C.D.C. and H.H.S., instead of conducting an independent evaluation of Tamiflu, advocated stockpiling by referencing claims in journal publications written by the drug’s manufacturer

Posted by J.M. Hamilton Blog at 4/11/2012 8:15 AM | Add Comment

A much-anticipated test developed by Eli Lilly & Co. that detects the presence of proteins in the brain that are related to Alzheimer's disease was approved Friday by the Food and Drug Administration.

Posted by J.M. Hamilton Blog at 4/9/2012 8:30 AM | Add Comment

As a domestic company that doesn't benefit from other countries' lower taxes, CVS Caremark has an effective tax rate of 39%.

Posted by J.M. Hamilton Blog at 4/9/2012 6:30 AM | Add Comment

After a flurry of megadeals between 2008 and 2010, including Pfizer-Wyeth, Novartis-Alcon and Roche-Genentech, debt has been paid down and balance sheets look healthy.

Posted by J.M. Hamilton Blog at 4/7/2012 2:30 PM | Add Comment

Florida was long the nation's epicenter for pill mills.

Posted by J.M. Hamilton Blog at 4/6/2012 2:30 PM | Add Comment

The pharmacy groups have filed suit seeking to block the merger.

Posted by J.M. Hamilton Blog at 4/5/2012 12:15 PM | Add Comment

he Republicans concede that they have far to go to come up with a comprehensive policy to fill the gap that could be left by a Supreme Court ruling this summer.

Posted by J.M. Hamilton Blog at 4/4/2012 7:45 AM | Add Comment

“With health care reform, changes in Medicare and the advent of accountable care organizations, there has been a strong push for using this information to limit patients’ ability to make decisions themselves.”

Posted by J.M. Hamilton Blog at 4/4/2012 7:30 AM | Add Comment

The prices of drugs used most widely by older Americans rose by nearly 26 percent from 2005 to 2009 — nearly twice the rate of inflation — according to a report issued Tuesday by AARP.

Posted by J.M. Hamilton Blog at 4/4/2012 7:01 AM | Add Comment

A house call in Paris will run you around fifty dollars.

Posted by J.M. Hamilton Blog at 3/27/2012 12:00 PM | Add Comment

Say it isn't so... The U.S. is the only Industrialized Western Democracy that allows Big Pharma to charge whatever it pleases for it's product: DRUGS! - JMH

Posted by J.M. Hamilton Blog at 3/21/2012 7:00 PM | Add Comment

Johnson & Johnson sold a vaginal mesh implant for three years before U.S. regulators approved the device

Posted by J.M. Hamilton Blog at 3/21/2012 6:45 PM | Add Comment

“Explain the difference between the generic and the real one — it’s just a different company making the same thing,” Ms. Schork said.

Posted by J.M. Hamilton Blog at 3/21/2012 6:45 AM | Add Comment

Through lower prices, parallel traders saved German hospitals and patients 300 million euros in 2009, according to a BAI report.

Posted by J.M. Hamilton Blog at 3/14/2012 11:00 AM | Add Comment

The Price of Medicine...

Posted by J.M. Hamilton Blog at 3/12/2012 8:12 PM | Add Comment

House Republicans are determined to kill off an independent board that is supposed to help rein in federal spending on Medicare.

Posted by J.M. Hamilton Blog at 3/9/2012 5:39 AM | Add Comment

Statins have been available since the 1980s but their risk of inducing diabetes did not surface for nearly 20 years.

Posted by J.M. Hamilton Blog at 3/5/2012 6:19 AM | Add Comment

The F.D.A. said that routine monitoring of liver enzymes in the blood, once considered standard procedure for statin users, was no longer needed because the liver injury associated with statin therapy was so rare.

Posted by J.M. Hamilton Blog at 2/29/2012 6:03 AM | Add Comment

Budget cuts mean that many European governments are not willing to pay as much for pills.

Posted by J.M. Hamilton Blog at 2/24/2012 7:21 AM | Add Comment

Congress should also use this moment to wean doctors away from fee-for-service billing, a root cause of escalating costs, into better and cheaper forms of care.

Posted by J.M. Hamilton Blog at 2/22/2012 6:40 AM | Add Comment

Legalization would "get rid of all the gangsters that make people hide.

Posted by J.M. Hamilton Blog at 2/13/2012 7:45 PM | Add Comment

"The Indianapolis drug maker recently lost U.S. patent protection for its former No. 1 product, the antipsychotic Zyprexa"

Posted by J.M. Hamilton Blog at 2/3/2012 7:32 PM | Add Comment

“I think the federal war on drugs is a total failure,” Mr. Paul said in Republican presidential candidates’ debate in November.

Posted by J.M. Hamilton Blog at 1/26/2012 7:09 PM | Add Comment

The new rules were championed by Senator Charles Grassley, a Republican, and Senator Herb Kohl, a Democrat...

Posted by J.M. Hamilton Blog at 1/21/2012 8:55 AM | Add Comment

In response, the Mexican government deployed its military and the federal police

Posted by J.M. Hamilton Blog at 1/19/2012 7:13 AM | Add Comment

“The goal is to let the sun shine in and make information available to foster accountability,” Mr. Grassley said.

Posted by J.M. Hamilton Blog at 1/16/2012 7:06 PM | Add Comment

The federal government is contributing to the recent growth of Epic and similar firms by offering financial incentives to health providers who switch to electronic records.

Posted by J.M. Hamilton Blog at 1/15/2012 6:36 AM | Add Comment

“It’s not the revolving door. It’s the express elevator,” he says.

Posted by J.M. Hamilton Blog at 1/11/2012 7:20 PM | Add Comment

Public insurers owe pharmacists some 330 million euros ($422.1 million) for drugs bought since April

Posted by J.M. Hamilton Blog at 1/10/2012 9:11 PM | Add Comment

The newly obtained documents provide rare details of the extent of that cooperation and the ways that it blurs the lines between fighting and facilitating crime.

Posted by J.M. Hamilton Blog at 1/9/2012 8:22 AM | Add Comment

While cartel leaders kept money, houses and families in the capital, they were extremely cautious about unleashing violence on its streets.

Posted by J.M. Hamilton Blog at 1/1/2012 7:14 AM | Add Comment

Officials at the Food and Drug Administration say the shortages are a result of overly strict quotas set by the Drug Enforcement Administration

Posted by J.M. Hamilton Blog at 1/1/2012 7:03 AM | Add Comment

Legalisation would make life more comfortable for cannabis users, remove criminal organisations from the scene, allow for the possibility of quality control, provide governments with tax revenues and make it possible for research

Posted by J.M. Hamilton Blog at 12/8/2011 7:19 AM | Add Comment

Now that's Marketing!

Posted by J.M. Hamilton Blog at 12/7/2011 8:09 PM | Add Comment

The executives could face questions from lawmakers concerned that any savings that the merged company would negotiate would not be passed on to consumers or that the deal would remove the competitive impetus

Posted by J.M. Hamilton Blog at 12/7/2011 7:59 PM | Add Comment

The combined company would control almost a third of the market, according to one analysis.

Posted by J.M. Hamilton Blog at 12/6/2011 7:04 PM | Add Comment

“It makes absolutely no sense for us to put up 50,000 body bags to stop drugs from entering the United States.”

Posted by J.M. Hamilton Blog at 12/4/2011 6:30 AM | Add Comment

“Why is the federal government targeting legitimate, regulated enterprises?” he asked. “Is it better for patients to buy from a clean, safe store or from street dealers?”

Posted by J.M. Hamilton Blog at 11/24/2011 7:23 AM | Add Comment

“It sounds to me like a hit from narcos to scare Calderón.”

Posted by J.M. Hamilton Blog at 11/12/2011 8:28 AM | Add Comment

“There’s people here who weren’t working before who are working now and are living in apartments and buying cars,” he said. “Now they have hope for the future.”

Posted by J.M. Hamilton Blog at 11/4/2011 7:28 AM | Add Comment

"It instructs the F.D.A. ....provide more information to the Justice Department about possible instances of collusion or price gouging."

Posted by J.M. Hamilton Blog at 10/31/2011 5:24 AM | Add Comment

In 2010, the association, which lobbies on many issues, spent more than $2.5 million, according to data from the nonpartisan Center for Responsive Politics. About $350,000 of that was related to devices, drugs and health care

Posted by J.M. Hamilton Blog at 10/26/2011 5:54 AM | Add Comment

“The Mexicans sort of roll their eyes and say we know it’s happening, even though it’s not supposed to be happening.”

Posted by J.M. Hamilton Blog at 10/25/2011 5:37 AM | Add Comment

Advocates for medical marijuana say that the crackdown is unlikely to have any impact on the amount of marijuana coming through the state but will instead push people who have a legitimate need into the underground market.

Posted by J.M. Hamilton Blog at 10/8/2011 5:55 AM | Add Comment

“It is like buyer-beware kind of stuff, you are trusting the doctors.”

Posted by J.M. Hamilton Blog at 10/1/2011 7:01 AM | Add Comment

The debate turns on whether diseases like cancer can be characterized as emergencies, or “epidemics.”

Posted by J.M. Hamilton Blog at 9/19/2011 6:01 AM | Add Comment

According to one estimate, some 500,000 patients in this country have received an all-metal replacement hip.

Posted by J.M. Hamilton Blog at 9/16/2011 5:22 AM | Add Comment

“We want to protect consumers, but we also don’t want to alarm consumers so they stay away from the whole marketplace.”

Posted by J.M. Hamilton Blog at 8/28/2011 6:55 AM | Add Comment

"Among the 16 states with medical marijuana laws, New Jersey has the most stringent one, restricting use of the drug to a short list of specific diseases and limiting the state to six dispensaries."

Posted by J.M. Hamilton Blog at 8/13/2011 6:14 PM | Add Comment

“And as an American businesswoman, I want to keep jobs here, and that means making sure foreign drug plants have to meet the same standards as domestic ones.”

Posted by J.M. Hamilton Blog at 8/13/2011 8:14 AM | Add Comment

“I could have waited until the report came out,” Mr. Hall said in an interview. “That seems intellectually less than satisfactory with me.”

Posted by J.M. Hamilton Blog at 7/28/2011 5:13 AM | Add Comment

"It shouldn’t take much more personal growth to make the right call."

Posted by J.M. Hamilton Blog at 7/28/2011 5:06 AM | Add Comment

"This merger is actually a tangled web."

Posted by J.M. Hamilton Blog at 7/27/2011 10:16 PM | Add Comment

"Instead, she (Gov. Jan Brewer) filed suit in federal court seeking a ruling on whether the state’s medical marijuana law conflicted with federal prohibitions on marijuana."

Posted by J.M. Hamilton Blog at 7/23/2011 6:05 AM | Add Comment

"Some analysts also gave the deal high marks for now, especially given the companies’ promises of at least $1 billion in cost savings."

Posted by J.M. Hamilton Blog at 7/21/2011 6:16 PM | Add Comment

"Congress lowered the penalties for some crack offenses and reduced the sentencing disparity between crack and powered cocaine from 100 to 1 to 18 to 1."

Posted by J.M. Hamilton Blog at 6/30/2011 5:18 AM | Add Comment

“How do I know this isn’t just snake oil?” Dr. Johnson...

Posted by J.M. Hamilton Blog at 6/21/2011 5:18 AM | Add Comment

"Double scans expose patients to extra radiation while heaping millions of dollars in extra costs on an already overburdened Medicare program."

Posted by J.M. Hamilton Blog at 6/18/2011 5:51 AM | Add Comment

Global Commission on Drug Policy

Posted by J.M. Hamilton Blog at 6/17/2011 5:20 AM | Add Comment

"But research in recent years has suggested that stents are overused by doctors and that drugs may be a cheaper, safer and more effective way for many patients to avoid heart attacks or strokes."

Posted by J.M. Hamilton Blog at 6/15/2011 6:55 PM | Add Comment

"Not all drugmakers agree with the approach of Pfizer's Read, who cheered his investors in February by matching deep cuts in R&D with a $5 billion increase in the group's share buyback program."

Posted by J.M. Hamilton Blog at 5/11/2011 7:30 PM | Add Comment

“The FTC’s efforts here can make a real contribution to helping to control escalating drug prices.”

Posted by J.M. Hamilton Blog at 5/8/2011 6:16 PM

“How they’re obviously coming across is saber rattling.”

Posted by J.M. Hamilton Blog at 5/8/2011 7:50 AM | Add Comment

"They (Doctors) resent the export of clinical trial work, which they blame not only on industry's endless pursuit of lower costs but also on the increasing red tape surrounding trial procedures at home."

Posted by J.M. Hamilton Blog at 5/6/2011 6:40 AM | Add Comment

"Cholesterol fighter Lipitor, Pfizer's biggest product, led drug sales lower in the first quarter. Its revenue tumbled 13 percent to $2.39 billion due to generic competition in overseas market..."

Posted by J.M. Hamilton Blog at 5/3/2011 7:01 PM | Add Comment

"...Citigroup analysts issued a report that concluded the company would be worth more as separate entities. The Citigroup analysts said any breakup would probably not occur before 2012 because of the tax advantages..."

Posted by J.M. Hamilton Blog at 4/15/2011 5:34 AM | Add Comment

"Intriguingly, prosecutors said that Johnson & Johnson had provided 'significant assistance' in their investigation of others in the industry..."

Posted by J.M. Hamilton Blog at 4/8/2011 6:49 PM | Add Comment

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