View newsletter on web site HERE
Remove from List

Brought to you by IJPC 14-DAY TRIAL    FORMULATIONS    MY ACCOUNT 
Compounding This Week Newsletter from www.CompoundingToday.com
Our Compounding Knowledge, Your Peace of Mind
October 30, 2020  |  Volume 17  |  Issue 44
IN THIS ISSUE
 
SUBSCRIPTIONS / INFO
 
CLASSIFIEDS
 
ABOUT COMPOUNDINGTODAY
 
FREE RESOURCES
 
SUBSCRIBER RESOURCES
 
Advertising
 
Loyd V. Allen, Jr., Ph.d., R.Ph Letter from the Editor
NASEM HRT Report: Part 16

The "Clinical Utility" of Compounded Bioidentical Hormone Therapy (cBHT)


"Recommendation 5"

This week, we will present Recommendation 4 and its accompanying explanations from the NASEM Report.

RECOMMENDATION 5

Collect and disclose conflicts of interest.

Prescribers and compounders of cBHT may have conflicts of interest arising from financial relationships (e.g., ownership or investment interests held in specific cBHT formulations or companies), and such conflicts should be transparent, publically available, and disclosed to patients at the point of care. In addition, state licensing boards should collect and archive information on such financial relationships in a publicly accessible repository.

EDITORIAL COMMENTS

This "Recommendation" is really "out of bounds!" Conflicts of interest are already required when a peer-reviewed article is published, when serving on national committees, and in other important situations. However, to "disclose conflicts of interest to each individual patient at the point of care" is ludicrous. Do physicians and pharmacists disclose conflicts of interest (stock ownership, etc.) when prescribing and dispensing FDA-approved products? No, they don't. All this recommendation would do is to confuse the patient who has no interest in the physicians or pharmacists investments, etc.

Physicians in group or solo practice that have a financial interest in their business do not explain their ownership to each patient. Pharmacies owned by pharmacists do not explain to patients that they own the pharmacy when they dispense FDA-approved medications to patients. Why, then, would someone even think it is important to tell the patient "I own stock in "XYZ Company" that makes or provides some of the ingredients or supplies I use to compound your prescription"?

It is unclear what is meant by "financial relationships (e.g., ownership or investment interests held in specific cBHT formulations or companies). One does not "own" cBHT formulations. In the past, there may have been some patents issued, but those are all public information. Ownership of stock, especially if a minority shareholder or in mutual funds, is of no consequence, and disclosure would be inconsequential. Major stock ownership of a compounding support company would generally involve pharmacists that are not involved in compounding individual prescriptions for patients. For a pharmacist owning an individual compounding pharmacy business, that relationship is generally quite clear and apparent.

A potential situation may occur if a physician has ownership in a compounding pharmacy and directs the cBHT prescriptions to that pharmacy. However, in that case, it should be the responsibility of the physician to disclose the relationship, not the pharmacist.

Regarding state boards of pharmacy, many, if not all, already have ownership information with the registration of each pharmacy with the board.

Next week, we will conclude our comments on the Recommendations of the report.


Loyd V. Allen, Jr., PhD, RPh
Editor-in-Chief

IJPC
Remington: The Science and Practice of Pharmacy Twenty-second edition

 

Announcement

CompoundingToday.com is now also formatted for mobile devices. Try it out!

 

Did You Know...

...that Francis Collins, Director of NIH, said the following?

"The brain is the most complicated organ in the universe. We have learned a lot about other human organs. We know how the heart pumps and how the kidney does what it does. To a certain degree, we have read the letters of the human genome. But the brain has 100 billion neurons. Each one of those has about 10,000 connections."
 

Thought of the Week

Each of us has an incredible intelligently designed brain to use in a myriad of different ways, including for good or bad, to help or hinder, to construct or destruct, to heal or maim, to contribute to society or destroy it, etc. An individual, using his brain (mind) decides their individual actions. Along these lines, Ronald Reagan said:

"We must reject the idea that every time a law's broken, society is guilty rather than the lawbreaker. It is time to restore the American precept that each individual is accountable for his actions."

 

Have a friend ...

... who would enjoy this newsletter?

Tell them they can get their own free copy of the Compounding Today newsletter at

https://CompoundingToday.com/Newsletter/!!

 

Looking Back

Looking Back
His tomato,
Was the mushy type,
Until his beard,
Grew over-ripe!
     Burma-Shave

 

Your Support is Urgently Needed!!!

Join the Alliance for Pharmaceutical Compounding (APC) (formerly IACP) and support compounding!

Share Your cBHT Story
Help protect cBHT for everyone by sharing your testimonial of how it affected your life.

Share Your cBHT Story
Help protect cBHT for everyone by sharing your testimonial of how it affected your life at www.a4pc.org

Compounders! Help APC collect patient and prescriber testimonials about cBHT. We need to demonstrate how critical this is. Consider adding a sentence to the bottom of your register receipts: "Have you benefited from compounded hormone therapy? Please share your story: www.a4pc.org/cbhtandme.
 

Classified

Two (brand new still in the shipping crates) floor mounted electronic interlock stainless steel cart pass through 48"x84'hx36"d (OD). Constructed from 304 # 4 16 Ga SS. Double doors with glass inserts. Trim kit. These units were ordered paid for and never used. Original price $11,460 each. Need to sell 2,500 each. Reply: Tony with Florkowski Builders Inc 321-961-3600

Copyright 2020
IJPC Inc.
122 N Bryant Ave, Edmond OK 73034
Manage my Email:
Subscribe / Remove from List
Comments or Questions:
info@compoundingtoday.com
Reprints & Permissions: Reprints@ijpc.com