Life science companies are struggling to under-stand the complex reporting requirements and compliance issues presented by existing and new regulations such as the Physician Payments Sunshine Act (PPSA), provisions of which were included in the Patient Protection and Affordable Care Act. While the looming challenge of complying with the Sunshine Act has consumed the attention of the drug and medical device industry, it has tended to obscure other issues of long-term strategic importance, such as the effect of transparency on public perception, and the need for industry to re-structure its spending practices with transparency in mind.
This article reviews the strategic implications of the Sunshine Act and also presents highlights of the draft regulations rule released by the Centers for Medicare and Medicaid Services on December 15, 2011.
Topics include:
Will We See Data for 2012?
Foreign Drug Companies Also Covered
"Common Ownership" Loophole Closed
Identifying "Covered Physicians"
The Multiple Drug Conundrum
Assumptions About Categories of Information
CME Lumped Into Speakers' Fees
Under the Radar Food and Beverage Payments
What's It Going to Cost?
Competitive Intelligence Implications
Ramifications for the Drug Industry
Ramifications for the Medical Community
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Certain Physician-Drug Industry Relationships Have Declined Dramatically
Sunshine Act May Already Be Causing Sharp Drop in Direct Payments to Physicians
The authors of a physician survey published in the Archives of Internal Medicine concluded "given that 83.8% of physicians have PIRs, it is clear that industry still has substantial financial links with the nation's physicians. These findings support the ongoing need for a national system of disclosure of PIRs [Physician-Drug Industry Relationships]."
Such a system is part of the Physician Sunshine Law, which is scheduled to go into effect in 2012 with public disclosure of payments scheduled to begin September, 2013.
Was Sebelius Politically or Scientifically Correct to Block Broader Plan B Availability?
"If I close my eyes...I might think I was in the Bush era," said Michelle Goldberg (@michelleinbklyn), Senior writer for Newsweek/The Daily Beast, and author of Kingdom Coming and The Means of Reproduction. Her remark -- made via Twitter, of course -- was in reference to "Obama's terrible decision to override the FDA on Plan B."
Sebelius focused on the fact that Teva's study did not contain data for all ages for which this product would be available for use. According to Tina Raine-Bennett, MD, MPH, of the Women's Health Research Institute at Kaiser Permanente Northern California, a principal investigator of the University of California-San Francisco study, it is unreasonable and virtually impossible to study the use of emergency contraception in 11- and 12-year-olds, because only a small fraction of them will have had sex by that age.
Be Aware of What's Behind the App: Disclaimers Tell Only Part of the Story
What's going on "behind the app" or "under the hood" of apps is a hot topic these days. Recently, major news outlets have reported that there is software running in the background on virtually all smart mobile devices that record every keystroke, supposedly merely to "monitor performance."
What about medical and health-related apps sponsored by pharmaceutical companies? Are they collecting information that we don't know about? What about the accuracy of these apps and the sutabilitity for use as diagnostic aids?
Let's look "under the hoods" of two pharma-sponsored mobile apps and compare disclaimers. We'll compare Janssen's PASI calculator, which has an update disclaimer, with the new AFib Educator 2.0 app developed by Sanofi-Aventis.
Selected content from past issues issues of Pharma Marketing News
Stakeholder Effectiveness
Maximizing the Value of Your Interactions with Multiple Stakeholders
Kantar Health, a leading global, evidence-based decision support partner to the world's leading pharmaceutical, biotech, device and diagnostic companies, recently delivered the highly anticipated 2011 results of its annual Stakeholder Effectiveness survey, which revealed that over two-thirds of respondents from leading companies in the pharmaceutical sector think that customer retention is a key performance measure.
The top-line results of this survey of physicians were presented in a September 21, 2011, webinar. This article is a summary of the presentations made by Sylvia Lifschitz, Ph.D., Vice President, Kantar Health, and Mark Sales, Head of Global Brand & Stakeholder Management, Kantar Health.
Topics include:
The importance of getting the right metric to measure your sales organization.
How the pharma sales force is changing and its impact on the industry.
Key findings regarding what your customers want and what they value in their pharma relationships.
How to leverage stakeholder effectiveness to achieve results and create customer relationships.
Insights from Kantar Health's new payer research.
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