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Reshuffling the Deck: The Philippines Turn Vision into Reality
September 2nd 2006What if your country, even amid political turmoil, has been growing at a fast pace over the last several years and keeps doing quite well, but is nevertheless home to more than 14 million people living below the poverty line? What if, given this context, the retail prices of medicines are among the highest in the world and the major distributor is granted the privilege of a near monopoly? And what if, because of a huge predominance of multinational companies, lower-priced generic medicines are struggling to establish themselves (even though you passed a "generic drugs law" back in the '80s)? Well, if you are a proud and committed citizen of such a country and, above all, you deal on a daily basis with pharmaceutical-related issues, you must be very disappointed, if not upset. And yes, it's quite probable that you are a Filipino, as Roberto Pagdanganan, chairman of the Philippine International Trading Corporation (PITC), is. In fact, for a foreign observer, the problem of drug prices is one of the most..
Thailand in the Storm: The Cost of Reform
September 2nd 2006A major contributor to his most recent election victory, Thai Prime Minister Thaksin Shinawatra's "30 Baht Health Plan," first announced in 2001, was said to be born more out of populist politics than actual necessity for healthcare reform. This health plan is now draining the state-run hospitals, plunging them into perpetual debt and creating a mass exodus of overworked, underpaid doctors to the private sector. Nonetheless, this unprecedented universal healthcare policy's saving grace has been to provide affordable healthcare to nearly 50 million Thai, according to 2005 estimates by the National Health Security Office (NHSO).
Biopharmaceuticals: Insight into today's market and a look to the future
September 1st 2006The worldwide market for biopharmaceuticals was estimated to be $50 billion in 2005. North America accounts for 60% in terms of revenue and R&D. Europe accounts for 20% and Japan 10%. It is also estimated that 400–500 biotech drugs are under clinical development for various disease conditions. Biopharmaceuticals are being developed to fight cancer, viral infections, diabetes, hepatitis and multiple sclerosis. The distinct families of biopharmaceuticals include
Cardinal Health Suspends Production of Infusion Pump Following FDA Seizure
August 31st 2006Cardinal Health halted production, sales, repairs, and installations of its "Alaris Signature Edition Gold" infusion pump after the US Food and Drug Administration (Rockville, MD) seized approximately 1300 units last Friday. The seized infusion pumps (model numbers 7130, 7131, 7230, and 7231) have a "key bounce" defect that may cause overinfusion of medications by more than 10 times the intended infusion rate.
Mylan Laboratories to Acquire Controlling Interest in Matrix Laboratories
August 31st 2006The generic drug company Mylan Laboratories, Inc. (Pittsburgh, PA) plans to acquire a controlling interest (71.5%) in the Indian pharmaceutical company Matrix Laboratories, Ltd (Hyderabad, India) for $736 million.
PhRMA Reports Identifies More than 400 Biotech Drugs in Development
August 24th 2006Washington, DC (Aug. 14)?A new report issued by the Pharmaceutical Research and Manufacturers of America identifies 418 drugs and vaccines developed through biotechnology. All of the biotechnology medicines and vaccines are now in clinical trials or awaiting approval by the US Food and Drug Administration (Rockville, MD).
Survey: Pharmacists Say Distinctive Tablets Reduce Dispensing Errors
August 24th 2006West Point, PA (Jul. 31)?A survey of 150 US pharmacists found that nearly 80% believe that "multiple look-alike medications" make it difficult for consumers to identify the correct medication, especially when the drugs are moved to unlabeled containers.
ISO Publishes New Cleanrooms Contamination Standard
August 24th 2006The International Organization for Standardization (ISO, www.iso.org) has formally issued and published standard ISO 4644-8:2006, Cleanrooms and associated controlled environments-Part 8: Classification of airborne molecular contamination. The document covers the classification of airborne molecular contamination (AMC) in cleanrooms and associated controlled environments in terms of airborne concentrations of specific chemical substances (individual, group, or category) and provides a protocol to include test methods, analysis, and time-weighted factors within the specification for classification.
Warning Letter: Concord Laboratories
August 17th 2006The US Food and Drug Administration's New Jersey District Office issued a Warning Letter to Concord Laboratories (Fairfield, NJ), citing the company for manufacturing three generic products without an ANDA, and for ten deviations from current good manufacturing practices.