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Archive for the 'Precription drug coverage' Category

Emisphere reports upbeat results in drug tests

July
28

Emisphere Technologies Inc. said today new study results show an oral form of vitamin B12 that the company is developing reduced the amount of time it took for the body to absorb the nutrient, while increasing the amount of the nutrient that was absorbed.

Developing an effective oral form of the nutrient may save millions of Americans from painful injections, needed to ensure they get adequate levels of vitamin B12.

The study, which involved 20 men divided into four groups, showed vitamin B12 absorption was 10 times higher in those given a supplement using Emisphere’s eligen technology, according to the Cedar Knolls, N.J.-based company, which employs 60 workers in research and development at the Landmark at Eastview office complex.

Eligen, which the company has been developing in some form for years, essentially chaperons the nutrient through the digestive system, where it would otherwise be destroyed, into the bloodstream.

Data from the study hold “real promise for improving the way we approach vitamin B12 supplementation,” said Donald W. Jacobsen, professor of molecular medicine at Case Western Reserve University in Cleveland.

At least 5 million people a year in the United States receive some 40 million B-12 injections to treat a range of debilitating diseases.

Shares of the company at midday were up by nearly 7 percent to $3.29 a share.

Posted by David Schepp on Monday, July 28th, 2008 at 11:09 am |
| | Comments Off on Emisphere reports upbeat results in drug tests

Study shows drug prices vary considerably

May
5

For consumers who pay for prescription drugs out their own pockets, a new price study by Yonkers-based Consumer Reports finds it pays to shop around.

The consumer publication’s research showed that not only that prices vary from store to store for the same, but the differences can be dramatic — even within the same chain, depending on location.

Consumer Reports placed calls to 163 pharmacies nationwide to gauge price differences among four prescription drugs, three name brand medicines and one generic. For a three-month supply of pills for the urinary incontinence drug Detrol, for example, the price ranged from $365 to $551.

The magazine also found significant price disparities for the two other name-brand drugs it studied: for Plavix (which prevents blood clots), the spread was $382-$541, and for Levoxyl (for treating hypothyroidism), prices ran from $29 to $85. And for the generic alendronate (for osteoporosis), the price range was $124 to $306.

The magazine’s small scale market-basket study showed Costco was the cheapest for the four drugs CR sought quotes for, followed by AARP.com and Wal-Mart. Walgreens and Rite-Aid were among the priciest for the four drugs.

Besides calling different stores and comparison shopping, other cost-saving tips include:

• Don’t rule out independents: Though they’re not the cheapest overall, many mom-and-pop pharmacies are highly competitive and offer top notch service.

• Talk to your employer: Benefits administrators can provide details about pharmacy benefit managers, also known as PBMs.

• Buy generics: They can cost 20 to 50 percent less than their brand name equivalents.

• See if there’s a discount program: Some stores have programs for those 50 and older; other programs are open to anyone without insurance.

The full report is available for free now at www.ConsumerReportsHealth.org, or in the June issue of Consumer Reports magazine available on newsstands tomorrow.

Posted by David Schepp on Monday, May 5th, 2008 at 6:00 pm |
| | Comments Off on Study shows drug prices vary considerably

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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