1) ZeeZee
is the name they should have used…
Combination
of Zetia and Zocor could have bee fronted by the spokes-band ZZ
Top. Instead, the new cholesterol lowering combo is being called
Vytorin as the FDA gave its final approval. Name and concept
is boring! The combination pill is being priced to compete with
Lipitor and Crestor and I predict it will do so successfully. It
will, however prolong the Zocor franchise that is due to lose
patent in 2006 as a single drug entity.
http://biz.yahoo.com/rb/040723/health_cholesterol_5.html
2)
Medicare recipients to get a free physical as they enter the
program.
I expect this
will uncover some underlying disease that, if treated, would
reduce the overall drug spend. Things like diabetes, asthma,
obesity and heart disease would be the prime targets. I hope
that "they" compare the costs of care between those who opt for
the exam vs those who put it off. My bet would be that those who
opt for the testing will be cheaper to maintain. (from NYT- free
registration required). Note: That "mean old president Bush"
championed this while the "darling Dems" have tried to block
it….its crazy out there people! Why can’t we all just get along?
http://www.nytimes.com/2004/07/28/politics/28medicare.html?th
3) And
then there is the one about "What do you have when you find 250
trial lawyers at the bottom of the ocean?"…
When people
say the cost of health care is too high they often do so without
thinking of where the money goes. Health care dollars go to
doctors (how many will take lower salaries?), nurses and
pharmacists (ditto), hospitals (they are already on subsistence
reimbursement), drug companies (maybe 17% of the whole health
care pie)…and then there is LITIGATION which raises everyone's
costs while the lawyers get more. Glaxo reacts to some legal
headaches…. and finds that 2% of the GDP is diverted to such
lawsuits.
The punch
line is "a good start!"
http://biz.yahoo.com/rc/040727/health_glaxo_legal_1.html
4) Tee
many martoonies?
Not if
alcoholics take this "new" drug. Used for many years in Europe
and elsewhere in the world, it now comes to the USA. The FDA
approved the first "new" drug to help alcoholics (recovering
kind) stay off "the sauce." Side effects include nausea,
vomiting, and abdominal cramps…this sounds like a hangover
without the headache. With roughly 1 in 10 people adversely
affected by alcohol abuse…. (the 17 million drinkers have
families too) …this might help nearly everyone!
http://news.moneycentral.msn.com/ticker/article.asp?Feed=RTR&Date=20040729&ID=3939042&Symbol=US:FRX