Newsletter - January 9, 2020
Faster Approval Rates Show Increased FDA-Industry Collaboration
For the last few years FDA has been approving more than 40 new drugs each year, a trend that continued in 2019 with the approval of 48 new drugs and biologics. But it is important to look beyond the numbers to fully understand the trend behind these. First let’s look at the numbers. This year’s approvals are similar to previous years where drugs for... Read More
Healthcare Administrative Costs Are Three Times The Cost of Drugs
The high cost of healthcare in the US is often blamed on the high cost of prescription drugs, however, a recent study showed that the administrative costs play a much bigger role in our increased medical bills. The US healthcare costs is often compared to that in Canada, with laws being created to reimport drugs from Canada into the US. Read More
Faster Approval Rates Show Increased FDA-Industry Collaboration
For the last few years FDA has been approving more than 40 new drugs each year, a trend that continued in 2019 with the approval of 48 new drugs and biologics. But it is important to look beyond the numbers to fully understand the trend behind these. First let’s look at the numbers. This year’s approvals are similar to previous years where drugs for... Read More
Healthcare Administrative Costs Are Three Times The Cost of Drugs
The high cost of healthcare in the US is often blamed on the high cost of prescription drugs, however, a recent study showed that the administrative costs play a much bigger role in our increased medical bills. The US healthcare costs is often compared to that in Canada, with laws being created to reimport drugs from Canada into the US. Read More
