Category: Business conditions
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Special: The Next Health Care Disruption
– Sponsored Content – This blog post is part of the ‘Think Further’ series sponsored by Fred Alger Management. For more “Think Further” content, please visit www.thinkfurtheralger.com.” The frustration of the physicians comes through, piercing the structured format of a scientific journal. In July 2015, 118 oncologists at leading medical centers and cancer research institutes…
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Antipsychotic Drug Savings Expected as Patents Expire
21 August 2015. Medicaid is expected to save nearly $3 billion by the year 2019 from patents expiring on leading branded antipsychotic drugs, and as generic forms of those drugs replace them. Researchers from University of Maryland medical school in Baltimore made those calculations in a paper published last month in the journal Psychiatric Services…
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Cancer Specialists Offer Plan to Reduce Drug Prices
23 July 2015. A group of 118 cancer specialists proposed steps to reduce the cost of drugs to cancer patients, calling the current system of drug pricing “unsustainable and not affordable for many patients.” Their recommendations appear today in a commentary published in the journal Mayo Clinic Proceedings. Pharmaceutical industry representatives, however, say drugs play…
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Univ. Research Execs See Science Economic Benefits
15 July 2015. Senior research executives at 10 U.S. universities described the benefits of scientific research to their campuses, communities, and nation at a roundtable discussion today in Washington, D.C. The forum, organized by the Science Coalition and Association of American Universities, also described perils of uneven federal research funding as well as related dangers…
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Poll: Parents Consider Vaccines Safe, Beneficial
6 July 2015. A nationwide survey of parents in the U.S. shows the vast majority of parents believe vaccines for children are as safe and beneficial as a year ago, with sizable numbers — from a quarter to a third — saying vaccines’ safety and benefits are increasing. The results were published today by C.S.…
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Report Evaluates Industry-Academic Biotech Partner Roles
16 June 2015. A report released today by Biotechnology Industry Organization, or Bio, indicates academic research labs are playing an increasingly key role in research and development of new therapies, but it also highlights areas where partnerships between academia and industry are still evolving. Bio released the report, Advancing Translational Research for Biomedical Innovation: Measuring…
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Intel Begins $125M Diversity Investment Fund
10 June 2015. The venture capital division of semiconductor manufacturer Intel unveiled a fund to invest in technology start-ups founded by women and under-represented minorities. Intel Capital announced as well the first four investments from its Capital Diversity Fund, which expects to distribute some $125 million over the next 5 years. Intel cited data showing…
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Uninsured Patients Paying Far More for Cancer Drugs
8 April 2015. An analysis of cancer drug costs and reimbursement practices shows people without health insurance are paying much more for chemotherapy drugs than people covered under private insurance or Medicare. The team led by pharmacy professor Stacie Dusetzina at University of North Carolina in Chapel Hill published its findings in the April issue…
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White House Economist: Lower Health Costs Benefit Economy
2 April 2015. President Obama’s chief economic adviser said lower health care costs since passage of the Affordable Care Act in 2010 are benefiting the overall U.S. economy and lowering Federal deficits. Jason Furman, who chairs the president’s Council of Economic Advisers, made his remarks today in a briefing at Center for American Progress, a…
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$150 Million Raised for NYC Life Science Start-Ups
1 April 2015. A consortium of public and private funding sources raised $150 million to invest in new life science companies located in New York City. The Early Stage Life Sciences Funding Initiative exceeded its original $100 million goal by half, and seeks to start 15 to 20 new businesses in New York by 2020,…