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Prescription drug prices for U.S. residents ages 50 and older increased at about twice inflation rate

Manufacturers' prices for the 193 prescription drugs most commonly used by U.S. residents ages 50 and older increased at about twice the rate of inflation in 2006, according to an annual report released on Tuesday by AARP, Cox/Atlanta Journal-Constitution reports.

8 Mar 2007

CMS Administrator Norwalk says releasing data on Medicare prescription drug benefit discounts would undermine negotiations

CMS Administrator Leslie Norwalk in a letter to lawmakers on Thursday said that the agency will not disclose information on discounts obtained by pharmacy benefit managers for Medicare prescription drug plans, CQ HealthBeat reports.

5 Mar 2007

FDA is using a "dysfunctional" computer system to track the safety of prescription drugs

...and efforts to establish a new system to track adverse drug events have been delayed by at least four years, according to a November 2006 report commissioned by the agency, the Wall Street Journal reports.

5 Mar 2007

Warning about the indiscriminate use of diet drugs

The United Nations (UN) has issued a warning about the rise in a number of countries of the use of diet drugs to lose weight.

1 Mar 2007

New York State moves closer to lower drug prices

It's a lot easier to negotiate a better price on something when you buy in volume -- that's the approach the State Assembly is hoping the state will take when buying its prescription drugs.

28 Feb 2007

Microsoft to acquire Medstory

Microsoft on Monday announced plans to acquire California-based Medstory, a start-up company that has developed a specialized online search engine to provide health and medical information to consumers, the New York Times reports.

28 Feb 2007

President Bush in weekly radio address promotes proposal to implement standard tax deductions for health insurance coverage

President Bush during his weekly radio address on Saturday promoted his proposal to offer a standard tax deduction for health insurance, Bloomberg/Bergen Record reports.

27 Feb 2007

Tennessee's CoverRX program stops enrollment due to high demand

Enrollment has been suspended for CoverRX, Tennessee's new prescription drug program for low-income adults, as a result of high demand, the Tennessean reports.

25 Feb 2007

Lawsuit filed against federal government over medical cannabis misinformation

The patients advocacy group Americans for Safe Access (ASA) filed a lawsuit in the United States District Court for the Northern District of California demanding that the federal government cease issuing misinformation on medical cannabis and correct the information it has released.

21 Feb 2007

Gardasil reaction report released

The National Vaccine Information Center (NVIC) today released a new analysis of the federal Vaccine Adverse Event Reporting System (VAERS) reports of serious health problems following HPV vaccination (Merck's Gardasil) during the last six months of 2006.

21 Feb 2007

FDA warns consumers about buying medications over the Internet

The Food and Drug Administration (FDA) in the United States has again warned consumers about buying medications over the Internet.

19 Feb 2007

Legislation introduced that would give FDA authority to approve generic versions of biotechnology drugs

Lawmakers in the House and Senate on Wednesday introduced a bill that would allow FDA to approve generic versions of biotechnology medications, USA Today reports.

19 Feb 2007

Senate committee on aging discusses Medicare budget cuts

At a Senate Special Committee on Aging hearing on Thursday, ranking member Gordon Smith (R-Ore.) expressed concern about proposed cuts to Medicare and Medicaid by the Bush administration, CongressDaily reports.

19 Feb 2007

Drug montelukast reduces trips to doctor for childhood asthma attacks

Young children with attacks of sporadic, recurring asthma who were treated with the prescription drug montelukast by their parents had fewer unscheduled trips to the doctor, missed less days from school or childcare, and caused their parents to take fewer days off work for their care.

15 Feb 2007

New oral blood thinner

A new oral blood thinner is being compared to an old standby to see if it works as well and is easier to manage long term, researchers say.

13 Feb 2007

Formularies needed to reduce medication prices under Medicare prescription drug benefit

A bill passed last month by the House that would require the HHS secretary to negotiate prices directly with pharmaceutical companies under the Medicare prescription drug benefit "would have very little effect" on prices "because it forbids Medicare from excluding drugs from coverage...

13 Feb 2007

Congress likely to approve FDA prescription drug safety reforms in 2007

The Baltimore Sun on Friday examined how Democrats' takeover of Congress and the expiration of a law that requires drug manufacturers to pay user fees to FDA "is driving a flurry of activity that could lead to major changes" in the agency's drug safety policies.

12 Feb 2007

Approval of orlistat capsules over-the-counter

The U.S. Food and Drug Administration (FDA) today approved orlistat capsules as an over-the-counter (OTC) weight loss aid for overweight adults.

7 Feb 2007

Most of Medicare and Medicaid savings in Bush's budget proposal come from reducing growth in Medicare provider payments

The "lion's share" of the Medicare and Medicaid savings over five years proposed in President Bush's fiscal year 2008 budget proposal comes from limits on annual inflation adjustments for reimbursements to hospitals, nursing homes and other health care providers for Medicare, amounting to $39.5 billion, CQ HealthBeat reports.

7 Feb 2007

Canadian prescription drugs still being seized in U.S.

At least 37 packages of prescription drugs from Canada were seized by federal officials in South Florida, despite a federal government promise in October 2006 to stop confiscating drugs imported for personal use, the South Florida Sun-Sentinel reports.

7 Feb 2007