Tagged with: Canada, Canadian pharmacies, CMPI, Peter Pitts, Pfizer, phrma, thurston, utah
I’m telling you Canadian drugs are safe but vote against importation.
In the Utah House of Representatives, Health and Human Services Committee, there was a meeting a few weeks back to discuss Rep. Norman Thurston’s drug importation bill. The bill’s aim is to lower prescription drug costs for Utah by importing lower-cost medications from Canada. The committee passed it 9-2. A week later, the Utah House passed the bill 39-31! But in that committee meeting, during the public session where organizations came out in favor and against the bill, something unique happened.
During his remarks against Thurston’s drug importation bill, one Mr. Peter Pitts said, and I quote from the audio clip: “I will tell you one thing in defense of Canada…If you drive up across the border and you go to a brick and mortar pharmacy and you get a product. That product is safe and effective; just as safe and effective as a U.S. product.”
I’ve followed and written about Big Pharma’s positions on importation for over 15 years. Its mantra and that of its hired guns is that the U.S. system for regulating pharmaceuticals is the world’s “gold standard.” As you’ll discover, Mr. Pitts, as I see it, is one of those hired guns and a notable one. Therefore, it’s great and fun to have him on the record, clearly (emphatically) stating that Canada’s system for regulating prescription drugs and the drugs sold in Canadian pharmacies are just as good as the ones sold here. That means Canada is the Gold Standard, too!
Listen to the whole hearing.
Note to all my fellow Americans that didn’t already know: if you live close to Canada and can’t afford your medication, then, according to Mr. Pitts, the medication there is damn good…not to mention a lot less expensive. Did you also know that federal law bans U.S. Customs Border Patrol from preventing people who are traveling back from Canada from importing small quantities of prescription drugs when they are for personal use? See: Can I drive to Canada to fill a prescription?
Who is this guy? Who cares? (more…)
Since Americans started importing medications for personal use in larger numbers at the beginning of the last decade, the Pharmaceutical Researchers and Manufacturers of America (PhRMA), Big Pharma, has engaged in media and government relations scare tactics to try and stop them. Apparently, when it comes to foreign versions of the new FDA-Approved Emflaza, which treats Duchenne Muscular Dystrophy, one board member of PhRMA supports importation!
Last week, I wrote about the decision of drug company Marathon Pharmaceuticals to postpone selling Emflaza over pricing concerns and how the issue shines a bright light on the benefits of personal drug importation. To summarize: some folks are outraged because Emflaza (deflazacort) was launched at a price of $89,000 for a one year supply. This seems insane when foreign versions of deflazacort, which cost 1% that amount (less than $1000), are already imported for personal use.
PhRMA is trying to distance itself from Marathon, just like it did with Martin Shkreli, former CEO of Turning Pharmaceuticals, when the price of Daraprim jumped from $13.50 to $750 a pill overnight. The CEO of Marathon, Jeff Aronin, however, sits on PhRMA’s Board of Directors! Last week, John Carroll of Endpoints News predicted last week that Aronin might be dropped. As of today, he’s still there.
Mr. Aronin wrote a letter to the Duchenne community that fully acknowledged American kids were already being treated with an unapproved foreign version of deflazacort. In his words: “As we all know, deflazacort was being used without FDA approval — and without ever having been approved anywhere in the world for Duchenne — by a very small group of patients (roughly 7 to 9 percent) in the Duchenne community who imported it from overseas.”
But does he support it? I mean, after all, the “score” for Marathon is that once it’s available for sale in the U.S., it will be purchased here. At least for the time being, this PhRMA board member does support it and seems to have no concern whatsoever whether the foreign version is safe and effective, not should he, since, like other medications, it was approved for safety and efficacy elsewhere. In noting that Marathon will “pause our commercialization” of Emflaza,” maintain its Expanded Access Patient Assistance Program, Aronin also state: “Patients currently receiving deflazacort from other sources may continue to have that option.” Damn right.
Is it hypocritical of PhRMA to diss Marathon? After all, brand drug companies jacked prices 130 times the inflation rate in 2015. Forty-five million Americans didn’t fill a prescription in 2016 due to cost. PhRMA will continue its practice of legal bribery and unleash a new, shiny PR campaign about life sciences and innovation — to prevent legislative and regulatory reforms that would lower drug prices. It’s going to take an unpredictable, unexpected populist wave of American anger at drug companies to bring their house down. In the meantime, maybe the people will take a hint from one PhRMA board member and import unapproved and lower cost medications.
Tagged with: aronin, Big Pharma, deflazacort, emflaza, marathon, phrma
Don’t blame poor little Big Pharma
Big Pharma is in the mood to share! A new report commissioned by the Pharmaceutical Researchers and Manufacturers of America (PhRMA), the trade association representing the world’s largest global pharmaceutical companies, seems to assert that the blame for high drug prices should be shared with pharmacy benefit managers, retail pharmacies, wholesalers, and, I think, even hospitals – and more. It appears that PhRMA’s main target is the pharmaceutical benefit managers.
Noting that President Donald Trump recently said drug companies are “getting away with murder” – I view this report as pharma’s attempt to communicate, “hey, prez, we’re not alone here in being greedy.” The report has merit, which I’ll explain below when looking at the dollar numbers. But as far as the American consumer is concerned: murder is murder. Hey, I’m just using the president’s words. Due to the killing made by pharma and friends (because they’re all friends), 10s of millions of Americans are leaving their scripts unfilled because the prices, one way or the other, are out of reach.
The report is called “The Pharmaceutical Supply Chain: Gross Drug Expenditures Realized by Stakeholders.” You can find a summary of it here but this is my take on it. (more…)
Tagged with: phrma, supply chain