Opposition to Compounding Bill
Compounding pharmacies are mounting opposition to a Senate bill they say would give the FDA unprecedented authority over their professional practice. The bill that was approved unanimously by the Senate Health, Education, Labor and Pension Committee late last month would give the FDA increased regulatory power over compounding manufacturers. The group, My Meds Matter, is circulating a petition to protest the bill.
http://thehill.com/blogs/regwatch/healthcare/304187-pharmacies-say-harkin-bill-would-give-fda-unprecedented-powers
Senators Request Rapid Vote on Drug Compounding Bill
Leaders of the Senate Health, Education, Labor and Pensions (HELP) Committee have requested a quick vote on legislation that would enable federal regulators to oversee non-traditional drug compounders. HELP Chairman Tom Harkin (D-Iowa) and ranking member Lamar Alexander (R-Tenn.) warned that unless their bill comes to the floor in July, patients could experience another outbreak of disease tied to compounded drugs. The senators wrote on Friday:
We have worked with pharmacists, physicians, patients, consumer groups, state boards and the [Food and Drug Administration] for over 6 months to craft this bipartisan legislation. It provides the necessary clarity and accountability to ensure the proper oversight of all compounded drugs.
Lawmakers have been working to strengthen regulation of non-traditional compounders since the New England Compounding Center caused a deadly outbreak of meningitis last fall.
http://thehill.com/blogs/healthwatch/medical-devices-and-prescription-drug-policy-/304509-senators-urge-swift-vote-on-drug-compounding-bill
Novartis India Probes Sales Practices
Novartis India executives allegedly manipulated sales data and circumvented ethical trade practices to accelerate sales of diabetes therapy Galvus. Novartis has reportedly launched investigations and initiated remedial action.
Some executives allegedly were inflating and presenting fabricated sales data for industry-leading Galvus (vildagliptin). In swift retaliation, Novartis is believed to have fired at least 18 executives and has launched a nationwide probe focused on remedial steps.
Executives are now being investigated for allegedly padding invoices and then buying stocks of the diabetes drug from wholesalers with cash rewards that had been doled out as incentives. The representatives reported false sales in order to match steep sales targets set for them. In addition, the sales reps fabricated invoices with fictitious names, in effect blocking the billed goods and keeping them in their possession. The payments—from the wholesaler to the company—were settled from sales force incentive money that is balanced at the end of each quarter as a standard practice.
http://www.elsevierbi.com/publications/pharmasia-news/2013/6/10/exclusive-novartis-india-probes-sales-practices-for-galvus-heads-roll?elsca2=rss&elsca1=pan
Mislabeling Caused Death in France?
The French police are regarding the death of a 92-year-old man as "suspicious" after he was given medicine that may have been wrongly labeled as a diuretic drug. The man's death occurred two days after France's pharmaceutical watchdog ANSM asked pharmacies to take off the shelves 190,000 boxes of the diuretic furosemide supplied by Israeli drugmaker Teva, saying that they may contain the sedative zopiclone. The ANSM also asked patients who had been sold some of the identified batch of boxes to return them to their pharmacies.
http://www.reuters.com/article/2013/06/09/france-drug-idUSL5N0EL0GT20130609
Pharmacy Chain Halts Sale of Ranbaxy Drugs
Apollo Pharmacy, India's largest branded drug retail network with over 1,500 outlets, has temporarily suspended sale of medicines manufactured by Ranbaxy Laboratories. It has also stopped further procurement from the company for now.
Apollo Pharmacy is a division of healthcare major Apollo Hospitals Enterprise Ltd. The chain is present across the country, both as stand-alone standard stores and those attached to AHEL hospitals and clinics. Apollo Pharmacy's move has come a little over a week after Mumbai's Jaslok Hospital issued an advisory to its doctors to avoid prescribing Ranbaxy drugs.
http://www.business-standard.com/article/companies/apollo-pharmacy-halts-sale-of-ranbaxy-drugs-113060700036_1.html
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