HEALTH

Rite Aid highlights patients’ favorite pharmacists with annual contest

BY Allison Cerra

CAMP HILL, Pa. Rite Aid is asking patients to vote for their favorite pharmacist during the month of October, which is American Pharmacists Month.

Through Oct. 31, Rite Aid patients are encouraged to vote for their favorite pharmacist on RiteAid.com or in any Rite Aid store, an annual contest now in its seventh year. One patient and one pharmacist will each receive $2,500 in Rite Aid gift cards through a random drawing.

“American Pharmacists Month is the perfect time to honor Rite Aid pharmacists for all they do to keep their patients and communities healthy,” said Robert Thompson, Rite Aid EVP pharmacy. “Our pharmacists provide outstanding patient care every day, whether they’re counseling patients on medications, administering immunizations or helping them manage a new or difficult disease. Our Favorite Pharmacist program is a great way for our company and patients to thank them for their hard work and dedication throughout the year.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

HEALTH

Study: Humidifiers may aid in reduction of airborne flu viruses

BY Allison Cerra

LONDON and BOSTON A study sponsored by Kaz, the manufacturer of Vicks humidifiers, found that such devices as humidifiers may play a role in reducing airborne flu viruses in the home.

The study, "Modeling the airborne survival of influenza virus in a residential setting: The impacts of home humidification," was published in the open-access, peer-reviewed journal Environmental Health. The study examined the role of heat and humidity indoors and found that when homes are kept at the optimal 40% to 60% relative humidity level, airborne flu virus survival time decreases — up to 30% for homes with radiant heat and 17% for homes with forced air heat. The researchers also suggested that since the water vapor levels in the air during the winter time are low, consumers should use a device known as a hygrometer to determine whether or not the humidity indoors is at an optimal level.

"Eliminating a considerable share of airborne influenza viruses through the use of a humidifier could be very beneficial to households this winter," said Ted Myatt, senior scientist at consulting firm Environmental Health and Engineering Inc., and biological safety officer at the Harvard Institute of Medicine in Massachusetts. "However, families should be careful not to go overboard with over-humidifying, because the optimal relative humidity range for indoor comfort and decreased influenza is between 40% and 60%."

Click here to read the full text of the journal article.

In related news, Kaz recently launched a Facebook page devoted to informing families about some of the best defenses against colds and the flu.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

HEALTH

NACDS conference discusses patent cliff, future of generics

BY Alaric DeArment

Like a freighter in the Atlantic Ocean during hurricane season, anyone with a stake in the generic drug industry will encounter smooth and bumpy sailing alike over the next few years, according to a recent presentation by an industry expert.

IMS Health VP industry relations Doug Long appeared at the end of August at the National Association of Chain Drug Stores’ Pharmacy and Technology Conference in San Diego to talk about the current state of the drug industry and what the near future holds. Over the next decade, according to his remarks, the U.S. drug market will present opportunities as well as uncertainties.

For the generics industry, the so-called “patent cliff” is of particular concern. For the last several years, generics companies have profited handsomely from a steady supply of generic drugs losing patent protection and thus becoming open to generic competition. Under the Hatch-Waxman Act of 1984, the first company to win approval from the Food and Drug Administration for a generic version of a drug gets to compete directly with the branded version for six months, which has allowed many generics companies to grow into giants, especially Israel-based Teva Pharmaceutical Industries, which ranks as one of the largest drug makers in the world.

But that will all slow down pretty soon. A slideshow shown during Long’s presentation listed 20 drugs that will lose patent protection between 2010 and 2014, whose sales by the time of their patents’ expirations will total $107 billion; IMS estimated the expirations will dampen sales by $79 billion. These include Pfizer’s cholesterol-lowering drug Lipitor (atorvastatin calcium), currently the world’s top-selling drug, which will lose protection next year and face generic competition from Indian drug maker Ranbaxy Labs, and Purdue Pharma’s opioid painkiller OxyContin (oxycodone hydrochloride), which will lose patent protection in 2013. Eight of the drugs listed ranked on IMS’ list of the top 10 in terms of sales, while Teva will itself lose protection for one of its own branded drugs, the injectable multiple sclerosis treatment Copaxone (glatiramer acetate), in 2014. “So you have this patent cliff, which means there are going to be plenty of generic opportunities between now and 2014,” Long said.

Sales growth for the top 10 generics companies

UNBRANDED GENERICS SALES BY LEADING CORPORATIONS SALES* %MARKET SHARE %GROWTH
U.S. industry $34,654 11.4% 13.8%
Teva 7,379 21.3 1.1
Mylan Labs 3,557 10.3 6.3
Sandoz (Novartis) 3,007 8.7 36.5
Watson Pharma 2,059 5.9 0.9
Greenstone (Pfizer) 1,599 4.6 1.6
Par Pharma 1,398 4.0 44.0
Hospira 1,213 3.5 37.2
Global Pharm 899 2.6 276.9
Actavis US 873 2.5 74.8
Boehringer Ingelheim 768 2.2 7.8
TOP 10 $22,754 65.7% 15.1%

 

However, 2015 is the worrisome year, the year of the patent cliff, when the number of big-name drugs losing patent protection will suddenly drop. That, Long said, could affect not just generic drug companies, but also retailers and other businesses that benefit from generics. In other words, the party won’t be over, but it’ll reach the point when a few guests remain, even though the VIP guests have left and refreshments have dwindled to flat soda and potato chips.

Despite the patent cliff, use of generics has been strong and will likely continue to remain so, and Long said that coinciding with the economic crisis, a growing trend had emerged of patients starting or continuing therapies with generics rather than branded drugs. In 2005, generics accounted for 57.7% of total prescriptions dispensed, according to IMS. By July 2010, that number came close to 75%, even as generics’ market share in terms of percentage of dollars fell from 85.4% to 80.7% during the same period. Sales for the top 10 generic drug companies have grown by 15.1% in the 12-month period ended in June, with Teva and Mylan accounting for 34.4% of generic prescriptions and Teva ranking as the eighth largest drug maker overall in terms of sales.

Among generic companies, Teva had $7.4 billion in generics sales during the 12 months ended in June as sales grew by 1.1%, and the company had a 21.3% market share. Mylan accounted for $3.6 billion in sales, while sales grew by 6.3% and the company commanded a market share of 10.3%. Other companies have grown considerably while commanding a relatively small market share. Global Pharmaceuticals, despite having 2.6% of the market and $899 million in sales, grew by nearly 277%. The U.S. subsidiary of Iceland’s Actavis had $873 million in sales and 2.5% of the market, though its sales grew by almost 75%. Only four of the companies in IMS’ top-20 list—Covidien, Dr. Reddy’s Labs, Apotex and Baxter Healthcare—had declines in sales.

On the branded side, according to the FDA and IMS, the FDA has approved fewer primary care drugs and more specialty drugs—drugs typically prescribed by specialist physicians—every year between 1998 and 2009, except for 2002. Long noted that development seemed skewed toward specialty drugs and orphan drugs, drugs used to treat rare and dangerous diseases and conditions.

Many top-selling branded drugs continue to have strong sales growth. Aside from Lipitor, which had a sales decline by 4.3%, all of the drugs that IMS listed as the top 20 in terms of sales grew during the 12 months ended in June, and sometimes quite strongly. AstraZeneca’s cholesterol-lowering drug Crestor (rosuvastatin calcium) had $3.5 billion in sales, growing by 34.7%, while the antipsychotic and antidepressant Abilify (aripiprazole), made by Bristol-Myers Squibb and Otsuka America Pharmaceutical, had $4.3 billion in sales, growing by 22.3%. Purdue’s OxyContin had sales of $3.1 billion, growing by 18.6%.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES