Tag : FDA
Why Brand Matters
On Thursday, the US Supreme court ruled that patients CANNOT sue generic drug manufacturers for insufficient warning labels. The court’s logic is as follows: 1) Generic drug manufacturers are required to use the same labeling as the brand-name drug as originally directed by the FDA 2) Pharmacists acting in accordance with state laws fulfill prescriptions using generic medication [...]
Shortages in the Land of Plenty?
We Americans are blessed with plenty – with only 5% of the world’s population, we command 25% of the resources. Our $15 trillion in GDP represents 26% of the global total. At $2.0+ trillion, our annual healthcare expenditures eclipse those of any other country, in absolute (total dollars), relative (% of GDP) and per-capita terms. So, in [...]
Can’t You Hear the Whistleblowing?
A recent study featured in PLoS Medicine examined 41 unsealed whistleblower complaints to find the most common strategies and practices reported in federal fraud cases in the last two decades. Their results show that illegal off-label promotions often span company-wide in both large, prominent pharmaceutical companies and smaller, more specialized companies. Most disturbingly, in 90% of [...]
The FDA – Here to Help
The state of Montana used to be considered a haven for drivers – it did not have a posted speed limit. However, you could still be pulled over for speeding in Montana if a police officer judged that you were going too fast. Right now, the Life Sciences industry is facing a similar speed trap [...]
Standing on the Precipice
A recent NY Times article discussed in detail the most prevalent dilemma facing the pharmaceutical industry right now. 2011 is the year of the “patent cliff”– Big pharma is losing patent exclusivity on drugs that yield $50 Billion in annual revenue. Ouch. It has to be tough being a senior pharma executive. Think about it: the average [...]
Aberdeen Research Report: Sales Mobility
Download this informative, independent research report on why sales mobility
matters.
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