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Your Future in Pharmacy: Attend an Ownership Workshop
You need the right tools to run a stronger business and be a better owner to survive and thrive in today's highly competitive health care marketplace. This proven program is ideal both for those thinking about buying their first pharmacy or opening another. Register now for a 2012 Pharmacy Ownership Workshop, sponsored by McKesson and in part by Pharmacists Mutual. Find out what it takes to own and operate a successful pharmacy. The first workshop is scheduled for Feb. 24-26 in Dallas. Seating is limited to ensure a high degree of personalized learning and interaction. Click here to register. |

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Drugs and Treatment
Citing Drug Resistance, U.S. Restricts More Antibiotics for Livestock New York Times (01/04/12) Harris, Gardiner
The FDA recently placed restrictions on the use of the cephalosporin class of antibiotics in animal agriculture, as their use has, microbiologists claim, contributed to the development of read more...
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Doctors Prescribe More Broadly Than Perceived HealthNewsDigest (01/03/12)
Most physicians retain some degree of diversity in their prescribing options in spite of the tremendous investments that drug companies have made in terms of doctor outreach, according to a new study led by read more...
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FDA Grants Fast Track Status to Achillion ACH-1625 Drug Pharmaceutical Business Review (01/05/12)
The FDA has given Achillion Pharmaceutical's ACH-1625 drug for the treatment of chronic hepatitis C virus a fast track designation. Already being examined in a Phase 2 clinical trial, the drug is a read more...
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Guideline Urges Care in Mixing HIV, Seizure Drugs MedPage Today (01/04/12) Smith, Michael
Recently published in the Jan. 10 issue of Neurology, a report by Gretchen Birbeck of Michigan State University and colleagues, shows some evidence that drug-on-drug interactions could occur when read more...
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Pharmacists Seek Generic Drug Prices Deal CBC News (Canada) (01/03/12)
Pharmacists in New Brunswick, Canada, are trying to convince the local government to work with them to create a pricing policy for generic drugs. The province's Pharmacists' Association is expressing concern that read more...
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University: New Medication Shortages Hit 267 Drugs in 2011, for 5th Straight Yearly Increase Washington Post (DC) (01/03/12)
The University of Utah Drug Information Service recently released data showing that 2011 saw 56 more drug shortages being reported than 2010, totaling nearly four times more than the 58 drug shortages reported in read more...
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Industry News
Drug Approvals Hit a Seven-Year High in 2011 on Improved Data Bloomberg (01/05/12) Edney, Anna
U.S. approvals of new drugs hit a seven-year high last year as pharmaceutical companies responded to regulators’ demands for better safety data and avoided last-minute requests for more read more...
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For Lilly, Rocky Year Ahead Wall Street Journal (01/06/12) Loftus, Peter
Eli Lilly said that it expects profit to decline as much as 20 percent for 2012 and signaled a steeper sales decline for its big-selling antipsychotic Zyprexa, which recently lost read more...
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J&J Said to Agree to Pay $1 Billion in Risperdal Marketing Probe Bloomberg (01/06/12) Fisk, Margaret Cronin
Johnson & Johnson will pay more than $1 billion to the U.S. and most states to resolve a civil investigation into marketing of the antipsychotic Risperdal, according to insiders. The U.S. government has been read more...
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Merck CEO: After Tough Debut in 2011, 2012 Will See Drugs Nearing Approval, Late-Stage Deals Associated Press (01/05/12)
Merck CEO Kenneth Frazier said that setbacks in drug development and other problems made his just-ended first year a tough debut but that he expects better news in 2012. Speaking to analysts at read more...
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New Teva CEO to Shift Focus to Branded Drugs Reuters (01/03/12) Scheer, Steven
Jeremy Levin, who will take over as CEO for Teva Pharmaceutical Industries in May, has expressed an intention to shift the focus from generics to branded drugs. Levin had been senior vice president for read more...
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Walgreens and Express Scripts Rift Causes Prescription Headaches KSDK NewsChannel 5 (MO) (01/05/2012) Roberts, Mike
As Express Scripts and Walgreens sever ties, thousands of patients are being forced to switch pharmacies or pay drastically higher prices. As customers leave Walgreens, stores like read more...
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Healthcare Legislation & Regulation and Medicaid/Medicare
ACP Issues Revised Ethics Manual HealthLeaders Media (01/06/12) Commins, John
The American College of Physicians (ACP) has issued a sixth edition of its ethics manual, the first rewrite since 2005. The revised manual offers new guidance on longstanding issues such as read more...
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NY Senator Proposes Measures to Protect Pharmacies Associated Press (01/04/12)
A New York senator is calling for steps to be taken to prevent deadly pharmacy robberies like one that took place in Long Island over the weekend, which claimed the life of an off-duty federal agent who read more...
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