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In this economy, people aren't just cutting out luxuries, nearly half of Americans are skimping on necessities like medication and doctor visits -- drastic actions that could be dangerous to their health.
The Food and Drug Administration on Wednesday approved the first new drug to treat lupus in 56 years. It's not terribly effective: It only worked for 35% of the patients tested. But experts say the approval could prompt the development of more effective drugs.
In an update Tuesday, Pfizer said it is discontinuing 15 of the projects in its development pipeline. The news comes a month after the world's largest pharmaceutical company announced large research and development cuts were on the way.
Pharmaceutical companies looking for fresh sources of profit are increasingly investing in a range of health care innovations that aren't drugs at all, from smartphone apps and educational websites to social media platforms and wireless devices, reports Ernst & Young.
Health care providers have been reporting unprecedented shortages of prescription drugs, including vital medications such as chemotherapies and antibiotics. Under current law, the FDA has no power to act, so two senators have introduced a bill to help government get a handle on the problem.
Pharmaceutical firm Allergan has settled criminal and civil charges that it promoted Botox for uses the FDA hadn't approved, agreeing to pay $600 million and enter into a "corporate integrity agreement." Allergan also dropped its related First Amendment lawsuit against the FDA.
In December, I wrote about the drug maker Pfizer offering free prescription drugs to people who lost their jobs and health coverage in 2009. After that, I got an e-mail from a James Walker at APCO Worldwide, Pfizer's public-relations firm, that the company is extending the measure through 2010.
The news has been widely circulated regarding a new list of potential problem drugs, which has been published by the Food and Drug Administration. What is not being widely addressed however, are the reasons for the list and what is (or is not) being done about the named pharmaceuticals which appear...
If you're having trouble with the high costs at the pharmacy and you're being forced to choose between putting a meat loaf on the table or following doctor's orders, then you need to know that there's a bucket load of options available to you for seeking help to pay for your prescription...

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