Drug Store News once again hosts annual Industry Issues Summit, Diabetes Roundtable
NEW YORK Drug Store News is presenting in November in New York its 12th annual Industry Issues Summit and eighth annual Diabetes Roundtable — a must-attend event that attracts leading industry players and will feature a special celebrity speaker.
This year’s Industry Issues Summit will be held Nov. 30 at the New York Athletic Club, which is located just a stone’s throw away from Central Park. Over the years, the Industry Issues Summit has become a critical industry event, and this year’s gathering will prove to be especially important in light of healthcare reform, the economy and its impact on consumer shopping behavior, and retail pharmacies increasingly taking a proactive role on the frontlines of U.S. health care.
Larry Kudlow, host of CNBC’s “The Kudlow Report,” will be the keynote speaker. Kudlow, who for many years served as chief economist for a number of Wall Street firms, will be presenting “Never Sell America Short: Free-Market Capitalism and the American Economy.” Kudlow is a nationally syndicated columnist and also hosts his own blog. He is a contributing editor of National Review magazine, as well as a columnist and economics editor for National Review Online. He is the author of “American Abundance: The New Economic and Moral Prosperity,” published by Forbes in January 1998. He also serves as CEO of Kudlow & Co., an economic research firm.
“This one-day event will provide unprecedented access to a multiple list of leading-edge retailers from many formats that will enable sponsors a unique opportunity to share in the dialogue about retailer-supplier best practices, alignment strategies and industry growth opportunities. Drug Store News is also pleased to make our Industry Issues Summit and Diabetes Roundtable an annual event that is held every year during ‘NACDS Week’ in New York City, which times nicely with several key committee meetings and highlights with the NACDS Foundation Dinner,” said Wayne Bennett, publisher of The Drug Store News Group.
Retail panelists for this year’s Issues Summit will include top executives from H-E-B, Costco, Max-Wellness, Rite Aid, Wegmans, Ulta Beauty, Walgreens, Sam’s Club and Ace Hardware.
Retail panelists for the Diabetes Roundtable include top executives from McKesson’s Health Mart, Wegmans, H-E-B, Giant Eagle, AmerisourceBergen, Rite Aid, Kerr Drug and Cardinal Health.
Current sponsors include Pacific World, Takeda, Pharmavite, TABS, Catalina Marketing, Alberto Culver and Nipro Diagnostics.
Carol Abel joins FMI as VP education and research
ARLINGTON, Va. A former executive at the American Pharmacists Association has joined the Food Marketing Institute to develop and execute the organization’s education programs and research initiatives.
Carol Abel was named FMI’s VP education and research. Abel comes to FMI from the American Pharmacists Association where she most recently served as senior director of education strategy and compliance officer. She was responsible for the association’s pharmacy accreditation program, continuing education best practices, standards and new initiatives. She also served as director of education for the association.
“As provided in the new FMI strategic plan approved earlier this year by the board of directors, we are laser-focused on enhancing our industry education programming and expanding opportunities in leadership development for those who work in our member companies,” said FMI president and CEO Leslie Sarasin. “Carol has an impressive background and extensive expertise, and her previous success in identifying innovative educational strategies makes her a welcome addition to the FMI team.”
Roundtable discusses importance of specialty pharmacy, drugs
NEW YORK The subject of specialty pharmacy reached a whole new level of nuance as a wide variety of stakeholders gathered for a roundtable discussion on its role in health care Wednesday at The Chemists’ Club in New York.
The roundtable, titled “Slowing the Impact: The Role of Specialty Pharmacy in Managing Progressive and Chronic Diseases” and moderated by Health Affairs editor-in-chief Susan Dentzer, included perspectives of a pharmacy benefit manager, a healthcare company, a pharmaceutical company, a multiple-sclerosis advocate, an ethicist and an MS patient, all sharing their perspectives on the fast-growing field.
Specialty drugs have grown at a rapid pace over the years. According to AARP, 6-of-the-top-10 drugs in the country are expected to be biologics by 2014, compared with 1-out-of-10 in 2000; and IMS Health predicted that the specialty pharmaceuticals services segment will reach $160 billion by 2013.
“In addition to becoming a unique category of pharmaceuticals, specialty drugs are becoming mainstream,” said Jacqueline Kosecoff, CEO of Prescription Solutions, a PBM and part of UnitedHealth Group.
Another perspective was that of Ken Bandler, a multiple-sclerosis patient diagnosed in 1990, who stressed the importance of accessibility. “There must be an effort to ensure [specialty drugs] are affordable for the patients who take them,” Bandler said, acknowledging the expenses and other challenges that go into developing drugs, which fellow panelist and Bristol-Myers Squibb VP health services for the Americas Ross Maclean had spoken about earlier.
Other panelists included Lee Newcomer, UnitedHealthcare VP oncology in women’s health and genetics; The Hastings Center deputy director and research scholar Nancy Berlinger; and PJ Weiner, senior manager for advocacy programs of the New York City-southern New York chapter of the National Multiple Sclerosis Society.