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Drug and device makers shelled out $3 billion to doctors and teaching hospitals in 2018, a 3.5% increase from the previous year, according to the Open Payments database published...by the Centers for Medicare and Medicaid Services...Those payments include everything from royalties paid to teaching hospitals to physician speaking and consulting fees to free food and travel. The industry paid out an additional $4.93 billion for research and development...READ MORE

Laura Joszt, Managing Editor at The American Journal of Managed Care. Welcome to This Week in Managed Care from the Managed Markets News Network

A self-declared “caravan” of Americans bused across the Canada-U.S. border...seeking affordable prices for insulin and raising awareness of “the insulin price crisis” in the United States...The group called Caravan to Canada started the journey from Minneapolis, Minnesota...and stopped at London, Ontario...to purchase life-saving type 1 diabetes medication at a pharmacy...The Canadian Broadcasting Corporation reported in May that Canadian pharmacists have seen a “quiet resurgence” in Americans coming to Canada looking for cheaper pharmaceuticals...Quinn Nystrom, a leader of T1International’s Minnesota chapter, said on May via Twitter that the price of insulin in the United States per vial was $320, while in Canada the same medication under a different name was $30...READ MORE

Seizures of tramadol globally have surged from less than 10 kg in 2010 to almost 9 tonnes in 2013 and 125 tonnes in 2017, the report showed, adding that the problem was particularly severe in West, Central and North Africa...Several West African countries have reported that tramadol is one of the most widely used drugs for non-medical purposes after cannabis, which remains by far the most popular globally… Some consume tramadol for its calming, analgesic and anti-fatigue effects in order to improve intellectual, physical and working performances, and to lessen the need for sleep and decrease appetite...In farming communities, there are reports of tramadol being used by humans and fed to cattle to enable them to work under extreme conditions. Others use tramadol as a recreational drug on account of its stimulant and euphoric effects, or to improve sexual stamina...READ MORE

Laura Joszt, Managing Editor at The American Journal of Managed Care. Welcome to This Week in Managed Care from the Managed Markets News Network

Nicole Grassano, PTNN, Pharmacy Week in Review, this weekly video program provides our readers with an in-depth review of the latest news, product approvals, FDA rulings and more.

Samantha DiGrande, Welcome to This Week in Managed Care from the Managed Markets News Network

Nicole Grassano, PTNN, Pharmacy Week in Review, this weekly video program provides our readers with an in-depth review of the latest news, product approvals, FDA rulings and more.

Pharma giant Pfizer...named former Food and Drug Administration Commissioner Scott Gottlieb to its board of directors, less than three months after he left his post at the agency...Since departing the FDA, Gottlieb has also rejoined the American Enterprise Institute, a Washington, D.C. think tank, and New Enterprise Associates, a venture capital firm, both organizations he worked at before becoming FDA chief...Former commissioners frequently join industry boards following their tenure at the FDA. Robert Califf, Gottlieb's immediate predecessor, serves on the board of Cytokinetics, a small biotech developing drugs for neuromuscular and heart diseases...READ MORE

Nicole Grassano, PTNN, Pharmacy Week in Review, this weekly video program provides our readers with an in-depth review of the latest news, product approvals, FDA rulings and more.