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Rx News | April 26, 2013

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National CooperativeRx is a not-for-profit coalition founded and owned by plan sponsors to achieve higher value prescription benefits through volume purchasing, clinical solutions, actionable data and unparalleled customer service. For your sales and marketing needs, please contact us at 866-679-9479, extension 223

Coalition News
      
Annual Meeting Review 
 

The National CooperativeRx Annual Meeting took place this week in Madison, WI.  The weather cooperated, and we were able to look out at the sunshine on Lake Monona through the windows of the Monona Terrace.

 

Our Board Chair, Paul Meyer, kicked off the event with a review of the cooperative and where we stand financially.  National CooperativeRx CEO Greg Horstman went through the Pharmacy Benefit Management (PBM) RFP process, and explained how CVS Caremark came out ahead of the competition in both pricing and services.  

 

Our main speakers gave comprehensive overviews of health care consumerism from the national, employer, and individual perspective.  HR and Wisconsin OCI continuing education credits were supplied to everyone who was interested in them.  

 

To end the event, CVS Caremark representatives Cheryl Byron and Shawn Young took the stage to discuss their commitment to the Cooperative, and how they plan on following through with their renewed dedication. 

 

We'd like to thank everyone who was able to attend this year's event.  It was wonderful to see everyone, and we're already looking forward to next year. 

 

Your PBM Cooperative,

National CooperativeRx 

 

 PS: As a reminder, the National Take-Back Day is tomorrow.  Click here to see if there is a drug disposal site near you.

 

 
News You Can Use
ReutersCan polio be eradicated by 2018?  The World Health Organization (WHO) says that it's possible.  The organization says that with $5.5B, the disease could be wiped out, like smallpox was in 1979. So far, $4B in funds have been promised. (Kelland, 4/25)  Full Story

Drug Channels.  The top 4 retail pharmacies, according to prescription sales, are Walgreens, CVS Caremark, Rite Aid and Walmart.  For a more extensive list, click into the link.  (Fein, 4/23) Full Story
 

Industry News
Health Day.  Patients with chronic myeloid leukemia (CML) may not be able to access life saving drugs due to the high cost of the medication.  CML was once considered a death sentence, but is now highly treatable.  The drugs to treat CML can cost in excess of $100K a year.  The survival rate of CML is 60% in the US, but 80% in Sweden - likely due to drug cost management there.  (4/25)  Full Story

Drugs.  The FDA has approved Amitiza for opioid-induced constipation.  Opioids are well-known for causing constipation, and this is the first drug approved to treat it.  Amitiza is also approved for use by women with irritable bowel syndrome and for chronic idiopathic constipation in adults.  (4/23)  Full Story

Health Policy Matters
TimeA new proposal to curb smoking in New York City would raise the minimum age for buying cigarettes up to 21. City officials said that 80% of New York City smokers started the habit before age 21.   (Peltz, 423)  Full Story

ReutersThe US Attorney's Office has given a subpoena to AstraZeneca's manufacturing facility in Macclesfield, England.  The facility employs 800 people to manufacture, pack and distribute medications globally. (Hirschler, 4/23)  Full Story