- UK vaccine summit calls for freely available virus vaccine (apnews.com)
A vaccine summit has raised billions of dollars to immunize children in developing countries as experts wrestled with how any potential vaccine against the coronavirus might be distributed globally — and fairly...The United Nations and the International Red Cross and Red Crescent Movement have urged that “a people’s vaccine” be developed for COVID-19 that would be freely available to everyone, calling it a “moral imperative.”...GAVI also announced a new “advance market commitment” mechanism to enable developing countries to get any effective COVID-19 vaccine when available...READ MORE
- Canada Revenue Agency opens up snitch line to information about federal COVID-19 aid program fraud (nationalpost.com)
The Canada Revenue Agency is opening up its snitch line to tips about fraud in COVID-19 federal aid programs amid reports of illicit applications and double dipping...Canada Revenue Agency says its National Leads Program — a.k.a. its snitch line — is now accepting information regarding the Canada Emergency Response Benefit (CERB), the Canada Emergency Student Benefit (CESB), and the Canada Emergency Wage Subsidy (CEWS)...“If you suspect a potential misuse of the COVID-19 emergency benefits and programs, the National Leads Centre is currently accepting leads on these programs,”...the agency says it’s looking for information regarding people who are receiving either CERB or CESB who are ineligible, or businesses or charities that are “misusing” the wage subsidy program...READ MORE
- A top adviser for Trump is calling for more drug manufacturing in Puerto Rico. (fiercepharma.com)
The COVID-19 pandemic has underscored key weaknesses in the biopharma industry’s complex global supply chain, and now a top adviser for the Trump administration is calling on Congress to push for more manufacturing in Puerto Rico...White House trade adviser Peter Navarro faulted a “broken system” that pushes manufacturing offshore. He called on Congress to use the next round of COVID-19 relief to incentivize manufacturing on the island territory...Previously, a tax provision allowed U.S. companies to avoid paying federal taxes on profits from operations in Puerto Rico, but Congress phased that out over time...Plus, utility costs are significantly higher there than in the U.S., which has also led to a reduction in manufacturing. Pharma companies themselves have shuttered a number of drug plants in Puerto Rico in recent years...READ MORE
- Moody’s: The number of hospitals falling short of credit agreements expected to rise (fiercehealthcare.com)
With the sudden financial hardship—such as sharp declines in revenues and cash flow due to the cancellation of elective procedures because of the COVID-19 pandemic—a greater number of health systems may fall short of agreements tied to their borrowing compared to prior years...As Moody's Investors Service analysts explain in a report released this week, more hospitals are likely to experience a "technical default," meaning they have not met required covenants connected to their borrowing agreements such as maintaining certain debt service coverage and days cash on hand...Hospitals' revenues have declined by an average of 30% to 40%...READ MORE
- Malaria drug fails to prevent COVID-19 in a rigorous study (apnews.com)A Randomized Trial of Hydroxychloroquine as Postexposure Prophylaxis for Covid-19 (nejm.org)Study on safety of malaria drugs for coronavirus retracted (apnews.com)Lancet, New England Journal retract Covid-19 studies, including one that raised safety concerns about malaria drugs (statnews.com)WHO resumes hydroxychloroquine study for Covid-19, after reviewing safety concerns (statnews.com)
...the first large, high-quality study to test it in people in close contact with someone with the disease...Results published...by the New England Journal of Medicine show that hydroxychloroquine was no better than placebo pills at preventing illness from the coronavirus...The study enrolled people through the Internet and social media, relying on them to report their own symptoms rather than having them tracked in a formal way by doctors. Participants were not all tested for the coronavirus but were diagnosed as COVID-19 cases based on symptoms in many cases. And not all took their medicines as directed...READ MORE
- U.S. awards new $628 million contract to boost output of potential COVID-19 vaccine (reuters.com)
The U.S. government...entered into a $628 million contract with drugmaker Emergent BioSolutions to boost manufacturing capacity for a potential COVID-19 vaccine...As drugmakers capacity here in America for candidates that make it to the final stages of Operation Warp Speed will help get a vaccine to American patients without a day wasted,” Department of Health and Human Services Secretary Alex Azar said in a statement...The HHS task order with Emergent falls under an existing contract with the Biomedical Advanced Research and Development Authority...Under the contract, Emergent will commit its manufacturing facilities, valued at $542.7 million, to produce COVID-19 vaccine candidates through 2021...READ MORE
- Automating and improving operations during covid-19 (chaindrugreview.com)
The novel COVID-19 virus has now infiltrated our communities on a global scale, forcing pharmacies to quickly adapt in order to sustain operations in the new normal...pharmacies everywhere are experiencing a dramatic influx in demand, but dwindling supply of resources and staffing...in a world increasingly influenced by technology, there is ample opportunity to leverage automation within pharmacies that can not only improve operations and maximize efficiency, but support patient wellness while growing their business and profits...
Adherence Pouch Packaging
- unit-of-use packaging alone saved more than 46.5 minutes per 100 prescriptions filled compared to count-and-pour dispensing.Medication Synchronization and Adherence
- pharmacies can adopt medication synchronization, meaning all of a patient’s prescriptions are synchronized to be refilled on the exact same day of the month, eliminating the need for separate call-ins and pickups...READ MORE
- U.S. seeks to ‘onshore’ drug production in response to COVID-19. Is pharma even interested? (fiercepharma.com)
With the COVID-19 pandemic shining a spotlight on the global pharmaceutical supply chain, U.S. legislators have put forward a raft of legislation that would seek to "onshore" drug manufacturing at the expense of major producers abroad...Guess who's wary of that proposal? Big Pharma...the White House is reportedly working on a "Buy American" executive order that would require government agencies to purchase American-made medical products, and that order could eventually include pharmaceuticals...the Pharmaceutical Research and Manufacturers of America...has pushed back against Congressional support for a supply chain shake-up...Manufacturing stateside would likely cost a princely sum compared with the cheaper wages and lower costs abroad, and would upset the balance of pharma's global supply chain..."While we support efforts to foster more manufacturing in the United States, moving all manufacturing here is impractical and likely not feasible," a PhRMA spokesperson said in an email. "Policymakers must take a long-term, more holistic look at global pharmaceutical manufacturing supply chains before jumping to rash proposals that may cause significant disruptions to the U.S. supply of medicines."...READ MORE
- Pharma’s reputation is holding strong during COVID-19—and Harris Poll has some reasons (fiercepharma.com)
Pharma’s reputation is holding strong these days, the latest Harris Poll survey shows. That’s good news again for the industry—but why the change?...The Harris Poll asked Americans that question. And, perhaps unsurprisingly, the COVID-19 crisis is the reason...Seventy percent told the market researcher that the industry’s overall response to the pandemic is the main reason for their more positive feelings. Efforts to develop a vaccine (58%), develop or find treatments (56%), create diagnostic tests (56%) and protect medical professionals by providing masks and protective gear (46%) also rated as key reasons perceptions have changed...READ MORE
- Major health groups raise alarm over U.S. departure from World Health Organization (fiercehealthcare.com)
Major health groups raised alarm following the announcement Friday by President Donald Trump that the U.S. is terminating its relationship with the World Health Organization...Trump previously said he would cut funding to WHO, a United Nations agency that helps promote global health initiatives including addressing disease outbreaks. He said WHO has not pushed for accountability over its handling of the virus that is believed to have originated in Wuhan, China. He has also previously said WHO was slow to act in response to the COVID-19 pandemic...But organizations such as the American Medical Association and the Infectious Diseases Society of America condemned the move, saying it will make the work of fighting the global pandemic "dramatically more challenging."...READ MORE