Specialty Pharmacy

AnaptysBio, Inc, a privately held therapeutic antibody company, recently announced a strategic partnership with Celgene Corporation to develop novel antibodies against multiple therapeutic targets.

New combination pills set to hit the market are expected to be more expensive than prior treatments.

FDA lab tests have confirmed that a counterfeit version of Roche's Altuzan 400mg/16ml (bevacizumab), an injectable cancer medication, found in the United States contains no active ingredient.

Novartis and the Broad Institute have developed a cancer cell line encyclopedia that catalogues the genetic and molecular profiles of almost 1000 human cancer cell lines used in drug research and development.

The FTC's approval of the highly publicized merger may depend on the divestiture of some of Medco's assets.

The FDA today approved Omontys (peginesatide) to treat anemia, a condition in which the body does not have enough healthy red blood cells, in adult dialysis patients who have chronic kidney disease (CKD).

ARIAD Pharmaceuticals, Inc today announced its schedule of preclinical data presentations to be made at the American Association for Cancer Research (AACR) Annual Meeting 2012, taking place Saturday, March 31 through Wednesday, April 4, 2012, in Chicago.

Cost-sharing practices that limit access to vital medications for West Virginians with serious health conditions may soon be alleviated thanks to a bill just introduced in Congress. The bi-partisan legislation, supported by the American College of Rheumatology, the Arthritis Foundation, and other medical and patient groups, has been introduced by Rep David B. McKinley (R,WV) and Rep Lois Capps (D,CA).

GlaxoSmithKline announced today that the Oncologic Drugs Advisory Committee (ODAC) to the FDA voted 11 to 2 that evidence from clinical studies support a favorable benefit–risk assessment for use of Votrient in treating patients with advanced soft tissue sarcoma who have received prior chemotherapy.

Randell "RJ" Correia, PharmD, Senior Vice President, Pharmacy Services, Optum Rx, addresses the rapid rise of specialty pharmacy spending. Dr. Correia discusses the possible complications health reform exchanges may cause and the impact they will have on the future of pharmacy benefit drug management.

New research from Medco Health Solutions Inc shows that many patients using oral cancer medications are also on other drugs that could reduce the effectiveness of the cancer treatment or increase its toxicity.

AmerisourceBergen acquires World Courier Group, Inc, and expands its international market reach for specialty medications.

69% of the employer groups studied in this report want more education on specialty pharmacy services.

Managed Health Care Associates, Inc. (MHA), a leading health care service company focused on alternate site health care providers, announced the completion of its fifth annual Independent Long Term Care Member Study, the results of which were released at the 2012 MHA Business Summit, March 2, 2012 in Las Vegas, Nevada.

The Infectious Diseases Society of America (IDSA) proposed a new pathway, the "Special Population Limited Medical Use (SPLMU)" mechanism, to provide an important new approval option for companies interested in developing drugs to treat patients with serious infections where few or no treatment options exist.

Prime Therapeutics and EMD Serono entered into an agreement where patient adherence and health outcomes data determine whether or not rebates are given for a drug.

Two companies focused on delivering preventative care to individuals looking to fight chronic disease with nutrition, fitness, and bioidentical hormone therapy-Diplomat Specialty Pharmacy and Ageology-announced that they have formed a strategic alliance.

The Independent Specialty Pharmacy Coalition (ISPC), a national group of community based specialty pharmacies, recently sent a letter to the Federal Trade Commission (FTC), urging the Commission to protect consumers and restrict anticompetitive conduct if it chooses to approve the proposed merger between Express Scripts, Inc (ESI) and Medco Health Solutions.

A strategy in the development of an HIV vaccine relies on a mathematical technique historically used to predict changes in the stock market.

New research suggests that using a nanorobot may be a promising method to deliver drugs directly to their targets.

Yesterday Biogen Idec announced the company has submitted a New Drug Application (NDA) to the FDA for marketing approval of BG-12 (dimethyl fumarate), the company's oral therapeutic candidate for the treatment of multiple sclerosis (MS).

AIDS Action Committee adds onsite specialty HIV MOMS Pharmacy to their new drop-in center.

New data unveiled at the 17th Annual Pharmacy Benefit Management Institute Conference shows patients, health plans and employer groups can save as much as 60 percent through site-of-care optimization.

The switch from ICD-9 diagnosis and procedure codes to ICD-10 codes is postponed for certain health care entities to an undetermined date.

A new plan to eliminate waste, promote adherence, and coordinate coverage of expensive specialty medications is announced by Medco.

A severe shortage of the key medication for childhood leukemia appears to have been averted, but the problem is likely to reemerge in the future.

AstraZeneca recently announced its first direct-to-patient program offering patients with prescriptions for Arimidex (anastrozole) the opportunity to receive their medication for $40 a month through Express Scripts, a specialty pharmacy provider.

As health care costs continue to increase, and with high-cost specialty products making up a significant portion of the pipeline, the role of the Specialty Pharmacy (SP) continues to grow and influence health care decisions across multiple stakeholders.