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Vaccine Approval is an Important Step Forward Against Pandemic, But a Reminder of What's at Stake in Drug Pricing Debate
Congress wants to cut $1.5 trillion from innovative companies and threaten the loss of one million jobs in order to fund a multi-trillion-dollar spending bill, according to Pharmaceutical Research and Manufacturers of America President and CEO Stephen J. Ubl. This approach would undermine the ability to develop new treatments and jeopardize patient access to life-saving medicines.
Pharmaceutical Research and Manufacturers of America President and CEO Stephen J. Ubl made the following statement after the U.S. Food and Drug Administration (FDA) approved the first COVID-19 vaccine:
"The FDA's approval of Pfizer-BioNTech's mRNA vaccine marks a significant step forward in our work to end COVID-19," Ubl said. "But ironically, while we celebrate this major step forward, members of Congress are meeting to advance policies that could inhibit our industry's ability to find future groundbreaking treatments and cures."
Ubl shared this news is evidence of the around-the-clock efforts the biopharmaceutical industry has made to help end COVID-19, but there are more challenges to be faced.
"We've demonstrated our vital role in protecting America's public health. At the same time, some in Congress want to cut an estimated $1.5 trillion from our innovative companies and threaten the loss of one million jobs in order to fund a multi-trillion-dollar spending bill," he said. "This approach would undermine our ability to develop new treatments and jeopardize patient access to life-saving medicines. What's worse, these policies fail to solve the problem of an insurance system that imposes high costs on some of the most vulnerable patients."
Ubl said those at pharmaceutical research and manufacturers of America are eager to work with all policymakers on solutions that protect patient access, choice and innovation while lowering out-of-pocket costs."
Latest Vaccines and Antiviral Treatments Show Promising Results in Reducing Severe COVID Outcomes
March 7th 2024It was found in a recent study that the updated Moderna, Pfizer-BioNTech and Novavax COVID-19 vaccines, when combined with antiviral treatments like nirmatrelvir and molnupiravir, can significantly decrease the chances of hospitalization and death from current COVID-19 variants.
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In this episode, Peter Wehrwein, managing editor of Managed Healthcare Executive, speaks with Dr. Rodrigo Cerda. Dr. Cerda has been recently promoted to the position of senior vice president of health services and chief medical officer of Independence Blue Cross in Philadelphia. He is also a member of Managed Healthcare Executive’s editorial advisory board. Peter and Dr. Cerda discuss his new role at the Independence Blue Cross, what it means to be a chief medical officer at an insurer these days, valued-based care, social determinants of health, and, of course, the pandemic.
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How More Prompt Action Could Have Saved Thousands of U.S. COVID-19 Deaths
December 10th 2023Researchers of a study compared Israel's CVOID-19 booster rollout experience to the United States to ask the question: How many lives could the U.S. have saved if boosters were authorized sooner?
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Briana Contreras, associate editor of MHE, spoke with Dr. Maria Hernandez, founder and CEO of Impact4Health. Maria shared not only how healthcare inequities remain to be an issue and what needs to be addressed, but also the progress that has been made over time through awareness, conversations and laws, especially due to the heightened awareness of inequities caused from the COVID-19 pandemic and the tragic deaths of George Floyd, Breonna Taylor and many more - which have now occurred over a year ago.
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A Cup or Two of Joe a Day Could Keep COVID-19 Infection Away
November 19th 2023Coffee, rich in polyphenolic compounds like chlorogenic acid (CGA), caffeic acid (CAA), cafestol, melanoidins and trigonelline, has been recognized as a dominant source of CGA in various studies. Previous studies suggest that CGA in coffee can positively impact blood pressure, lipid profile, glycemia and insulin resistance.
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The Challenges, Strategies of COVID-19 Misinformation Interventions
November 16th 2023COVID-19 misinformation interventions should involve public health experts, establish consistent outcome measures and more to address health misinformation at individual, community and systems levels, according researchers of a recent study.
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