FDA Cracks Down on Unapproved Cold and Allergy Drugs
The FDA has announced a crackdown on the sale of prescription cold, cough and allergy products that were never approved by the FDA to be safe and effective. Approximately 500 products have not been formally evaluated by the FDA and will be removed from the market. This is the latest in a series of actions by the FDA to stop the sale of a variety of products that are being sold without FDA approval.
With some reports of complications from the products, such as irritability and over-sedation, the FDA is unaware of how widely the products might cause problems or even how commonly the products are used.
Companies must stop manufacturing the indicated products within 90 days and stop shipping the products within 180 days. The FDA lists the products on its website, www.fda.gov. FDA officials stated that they were confident that consumers could get whatever relief they needed from cough, cold and allergy medications on the market by using the many over-the-counter and prescription products that had been approved by the FDA.
http://www.washingtonpost.com/wp-dyn/content/article/2011/03/02/AR2011030203206.html?moreheadlines
Editor's Note: This may provide additional compounding opportunities for compounding as these products become commercially unavailable.
Prescriptions for Truvada Slower than Projected
From sizzle to fizzle; Doctors are not prescribing Truvada for preventive use, at least not at the rate some predicted. Physicians say they're reluctant to treat healthy people with a drug that not only costs $12,000 per year, but also has potential side effects.
The drug was in the spotlight late last year when a study published in the New England Journal of Medicine showed that healthy men taking the drug regularly were 92 percent less likely to contract HIV than patients who received a placebo or who took the drug only irregularly.
http://www.bloomberg.com/news/2011-02-28/gilead-s-12-000-a-year-hiv-prevention-pill-fails-to-win-physician-support.html
J&J CEO Performance Bonus Cut to $1.98 Million in Light of Product Recalls; Base Salary to be $1.9 Million
The J&J Board cut the 2010 performance bonus of its chief executive, William Weldon, by 45 percent from 2009 levels to $1.98 million, according to a regulatory filing. The reduced bonus comes after a year in which the company experienced an endless stream of recalls of consumer health products (over 250 million bottles of widely used consumer products), medical devices and other products.
Weldon has said the company hopes to have all its affected products back on pharmacy and supermarket shelves by the end of this year after conducting quality-control inspections of its plants. It was explained that the Board's Compensation & Benefits Committee evaluates all their executive officers against a set of both financial and strategic objectives.
http://www.reuters.com/article/2011/02/25/jandj-ceo-idUSN259588620110225
Ibuprofen May Reduce Risk of Getting Parkinson's Disease
People who take ibuprofen regularly have a 38% lower risk of developing Parkinson's compared to those who don't use it, a new study suggests. The study is one of the largest to investigate the possible benefits of ibuprofen on Parkinson's. It was found that people who take ibuprofen regularly have a 38% lower risk of developing the condition, compared with those who don't use it.
The study, involving data from 136,197 nurses and other health professionals, suggests ibuprofen could be a potential neuroprotective agent against Parkinson's and was published in the online edition of the journal Neurology.
http://www.usatoday.com/yourlife/health/medical/2011-03-03-parkinsons03_ST_N.htm
PPIs Can Lower Magnesium
Nexium will soon carry a new warning that long-term use may cause low magnesium levels. Low magnesium can lead to complications, including muscle spasms, irregular heartbeat and seizures. If magnesium supplements do not help, patients may need to stop taking the drugs.
About 21 million U.S. patients filled prescriptions for the drugs in 2009; sales of Nexium, the market leader, topped $5 billion in 2010. The agency said there was little risk of low magnesium with lower-dose over-the-counter ulcer medicines if they are taken short term as directed.
http://www.reuters.com/article/2011/03/02/us-ulcer-drugs-idUSTRE7216AL20110302
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