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The pharmaceutical industry is a medical industry that discovers, ... meningococcal infections, and pneumonia), and found a 56% decline over the same period. ...
Big Pharma: Why the drug industry faces a 3-front battle with the FTC, Medicare, and the White House. Anjalee Khemlani. December 14, 2023 at 10:04 AM.
The American Society of Health-System Pharmacists (ASHP) reported that 323 "active medication shortages" were reported in January–March 2024. As a result of drug scarcity, many healthcare systems were forced to either ration out essential drugs, triage patients based on the severity of their condition and their need for the drug, or both.
A historical example of how the FDA seemingly favors the pharmaceutical industry either from clandestine direct money payments to FDA directors and scientific advisers or other undisclosed or unknown means was seen with the generic drug droperidol. Droperidol was a widely used antiemetic used perioperatively safely for over 30 years. During ...
China is an important market for the pharmaceutical industry for two reasons. ... covering all things pharma, insurance, care services, digital health, PBMs, and health policy and politics. That ...
Over time, industries rise and fall based on demographic trends, shifting consumer preferences and technological developments. However, in 2020, entire industries that were thriving as recently as...
Sam Peltzman has analyzed Schwartzman’s hypothesis that the return in the pharmaceutical industry was declining from better rates in the 1950s and 1960s. [4] The underlying cause for the decline included mainly the increase in regulation through the 1962 Amendments to the Food, Drug and Cosmetics Act.
While a pharmaceutical company may view a product as innovative if it is patentable, in reality for a pharmaceutical product to be truly innovative it must address an unmet or inadequately met need and offer health outcomes that were not previously achievable. [5] A decline in research and development has been coined as Eroom's Law. [6] [7]