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Summary In the US, people are living longer and healthier lives, which allows them to work for more years. Increasingly, employers are recognizing the value of older workers and are implementing policies to attract and retain them. Flexible work hours, part-time positions, and phased retirement are several of the accommodations that attract older workers or …
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Summary For traditional generic drugs, the current pharmaceutical pipeline is drying up. In an article we published last November, we referenced that 65% of all new drug launches would be specialty drugs by the end of 2023. This is important as new generic drug conversion opportunities will diminish over the next few years. How does …
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Summary: Comorbidities and aging can have a significant impact on workers’ compensation claims. The aging workforce in the United States, combined with medical inflation and the higher possibility of comorbidity in older workers, is a driving factor in rising claim costs. Workers’ compensation payers can mitigate these challenges by being alert to the complex nature …
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With advancements in science and technology in the past 30 years, a distinct trend has emerged in the pharmaceutical industry. Pharmaceutical manufacturers have expanded their pipelines to launch new ‘specialty’ drugs designed to treat rare, complex, chronic diseases like cancer, rheumatoid arthritis, and multiple sclerosis. What follows is an overview of the specialty drug market …
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While the national Opioid Crisis is ongoing, we have made significant progress as a nation in finding alternatives for Workers’ Compensation patients suffering from both Acute and Chronic pain. Another milestone may have been achieved with Vertex’s announcement of a potentially transformative medication for the treatment of pain without serious systemic side effects such as …
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The Drug Enforcement Administration (DEA) is a U.S. federal law enforcement agency, under the U.S. Department of Justice, charged with combating illicit drug trafficking and distribution within the U.S. Established in 1973, the DEA is 50 years old this year and has been enforcing the controlled substance laws and regulations through a variety of programs …
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A randomized controlled testing of both Emergency Room sites and adult patients experiencing one or both of these acute conditions was published in the Lancet on June 28, 2023. The results of the testing show that opioids used for back and/or neck pain overall produce no better results than placebos. In addition, after 1 year, …
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The use of opioid medications is at an all-time low but there is a need to remain vigilant to ensure those patients in need of pain management are not deprived of treatment and are encouraged to obtain the optimum combination of medications and other proven alternative options. As announced previously, the FDA continues to advance …
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