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Generics to save $70 bn
NEW YORK — The U.S. healthcare system could get at least $70 billion in savings over the next four years thanks to loss of patent protection for branded drugs, according to published reports.
IMS Health SVP Murray Aitken said at the Reuters Health Summit that generics also would increase their dominance in terms of prescriptions dispensed, increasing from 77% during the first half of this year to perhaps 85% by 2014, Reuters reported.
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Report: Pa. officials may limit Rx transfers among patients
NEW YORK — Fears about the likelihood of medication errors have officials in Pennsylvania mulling the possibility of restrictions on patients transferring prescriptions from one pharmacy to another, according to published reports.
CNBC reported Sunday that a rule recently put in place by the Ohio Board of Pharmacy that allows only one transfer per year had inspired Pennsylvania officials to consider a similar rule for their own state.