BUSINESS
December 1, 2011 | By Duke Helfand, Los Angeles Times
For millions of Americans, prescription drugs are about to get a lot cheaper. Patents on some of the most popular medications will expire over the next few years, giving consumers access to less expensive generic versions — and costing the pharmaceutical industry an estimated $100 billion in lost sales through 2015. Lipitor, a cholesterol-fighting medication that is the top-selling prescription drug of all time, lost its patent protection Wednesday. The drug's manufacturer, Pfizer Inc., already has slashed its price to as little as $4 a month for privately insured patients, the majority of Lipitor users.
OPINION
November 7, 2011
Prescription drugs and medical devices are frequently used to treat conditions other than those the Food and Drug Administration has specifically approved them for. The main guidance the FDA gives to doctors is to be well informed, have good scientific and medical reasons, and maintain records of any off-label use. The agency bars drug and device manufacturers, however, from promoting their products for more than their approved uses — for example,...
NATIONAL
October 31, 2011 | By Noam N. Levey, Washington Bureau
President Obama is pushing federal regulators to do more to address dangerous shortages of crucial medicines, sidestepping a deadlocked Congress that has not dealt with the problem. In an executive order signed Monday, the president directed the Food and Drug Administration to press drug companies to more quickly report shortages to federal regulators, an early warning that advocates say can help mitigate shortages. The order, which administration officials concede does not give the FDA any new authority, also told the agency to expedite reviews of new manufacturing facilities.
NEWS
July 9, 2011 | Noam N. Levey, Reporting from Washington
WASHINGTON — As the president and congressional leaders look for savings as part of a major debt deal, the pharmaceutical industry has stepped up its behind-the-scenes lobbying to kill proposals that it contribute to any compromise. President Obama this spring said drug makers should offer discounts to low-income seniors who receive government subsidized health coverage through both the Medicare and Medicaid programs. And with pressure growing to cut federal support for state Medicaid programs and to force seniors on Medicare to pay more for their care, many liberal lawmakers are demanding that pharmaceutical companies chip in more, as well.
OPINION
June 29, 2011
Even Clarence Thomas, the Supreme Court justice who wrote the majority opinion saying that makers of generic drugs don't have to warn patients about newly discovered dangers, agreed that the idea made little sense. How is it that the maker of a brand-name pharmaceutical has to provide information about potential side effects but the companies that produce identical drugs don't? If this is the price the public is expected to pay for cheaper drugs, it's far too high. In a 5-4 decision issued last week, the court rejected lawsuits by two women who suffered serious side effects from generic versions of a medication used for stomach ailments.
OPINION
June 28, 2011
Hats off to N.Y. Re "N.Y. legalizes gay marriage," June 25 It's bittersweet, but mainly sweet, seeing the great state of New York post a milestone in human rights. It's bitter in that my state, California, should have and could have been the first among the big states to do it instead of succumbing to the idiotic bigotry of Propositions 22 and 8. Poor California, which used to be the vanguard in so many ways, has been reduced to the vanguard of budget crises and little else.