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Opinion: Reduce drug spending by drastically simplifying monopolies on drugs

STAT

spending on prescription drugs was almost $800 billion. Although low-cost generic drugs filled 91% of all prescriptions, the 9% of prescriptions filled with a branded medicine accounted for 84% of drug spending. In 2024, total U.S.

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ASBM Urges Congress to Support EPIC Act: Remove IRA’s “Pill Penalty” to Ensure Continued R&D for Small-Molecule Drugs

Safe Biologics

Small-molecule drugs typically come in pill or tablet form, and comprise 90% of prescriptions filled in the U.S. This disparity discourages investment in small-molecule drug research, as manufacturers have a shorter period to recoup their research and development costs. The Senate introduced its companion bill, S.

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How Pharmacists Can Use Artificial Intelligence To Advance Their Practice: Insights From ChatGPT

ID Stewardship

Patient Education and Adherence : AI chatbots or virtual assistants can be developed to provide patients with on-demand information about their medications, dosages, potential side effects, and adherence strategies. Faster and more accurate prescription filling leads to increased patient satisfaction.

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NHC Comments on Response to the Medicare Program; Request for Information on Medicare Advantage Data

Putting Patients First Blog

Prior authorization and association with delayed or discontinued prescription fills. Patient-focused drug development (PFDD): incorporating clinical outcome assessments into endpoints for regulatory decision-making; draft guidance for industry, Food and Drug Administration staff, and other stakeholders; availability.

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January 2025 Newsletter

Safe Biologics

The consequences of the IRAs small molecule penalty, which limits the time manufacturers have to recoup investments in simpler small molecule drugs like pills, are already being felt. Small molecule drugs make up over 90% of prescriptions filled in the U.S.