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Entries from December 2006

Have you signed up for the eDrugSearch beta yet?

December 29th, 2006 · No Comments

We’re planning the official launch of eDrugSearch.com next month, but that doesn’t mean you can’t become a member of the site today. We encourage you to sign up now to begin saving on prescription medications by searching from our more than 20,000 listings. All drug listings are from licensed online pharmacies that meet [...]

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Tags: Canadian drugs · Online pharmacies · eDrugSearch.com

If Big Pharma isn’t picking your pocket, the big drugstore chains are

December 29th, 2006 · 1 Comment

Rite Aid Corp. — the third-biggest drugstore chain, which recently agreed to buy the Eckerd and Brooks chains as well — has seen its profits rise of late after its introduction of generic versions of drugs such as Zoloft.
Why? Because generic medications carry a higher profit margin for the big chains than brand-name drugs.
Let me [...]

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Tags: Generic drugs · Online pharmacies · Zoloft

Generics will soon be nipping at Lipitor’s heels

December 28th, 2006 · No Comments

From Reuters:
Pfizer Inc. is bracing for cheap competition to its biggest-selling product, the cholesterol drug Lipitor, a further worry for investors already reeling from the failure of its most important experimental medication. Last week, a raft of generic drugmakers announced that they had received U.S. approval to sell cheap versions of Merck & Co.’s rival [...]

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Tags: Generic drugs · Lipitor · Pfizer

Is Big Pharma taking advantage of its sales reps?

December 28th, 2006 · 1 Comment

From the St. Petersburg Times:
Susan Schaefer LaRose quit her sales job in May after 18 years with pharmaceutical giant Eli Lilly and Co., frustrated by long work weeks that frequently encroached on weekends and vacations. And then she sued. Her lawsuit, part of a series of class-action claims filed last month against nine major [...]

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Tags: Big Pharma · Eli Lilly

Just one of the many benefits of ordering prescription medications online

December 28th, 2006 · No Comments

One of the advantages of ordering medications through eDrugSearch.com is that you don’t have to deal with less-than-discreet employees at the local pharmacy. This poor schlub illustrates (although he’s actually at a doctor’s office in this case) …

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Tags: Online pharmacies · eDrugSearch.com

eDrugSearch cheerleader of the week: Kristie

December 28th, 2006 · No Comments

From the Indianapolis Colts Web site:
In 2006, Kristie was chosen to represent the Indianapolis Colts in the first ever NFL Cheerleader Playoffs television show … Kristie works at Eli Lilly and Company as an Associate Analytical Chemist. She … would like to shift her career path towards Pharmaceutical Sales at Lilly in the near [...]

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Tags: Eli Lilly · Pharma cheerleaders

Pharma research is all buck, no bang

December 27th, 2006 · No Comments

From Time Magazine:
Too Little Bang for the Buck in Drug Research?
A new government report spotlights an apparent lack of productivity in Big Pharma’s pipeline
Whenever critics complain about the high cost of prescription drugs, the pharmaceutical industry’s standard defense is that companies have to plow so much money into researching innovative new medicines. But a recently [...]

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Tags: Big Pharma · Pharmaceutical companies

Time for Big Pharma to stake out high school cheerleading squads?

December 27th, 2006 · No Comments

Drug companies appear to be cutting back on cost of sales through a combination of layoffs and hiring younger sales reps.
A recent article on Forbes.com stated,
Cost cutting is likely to continue for large-cap pharmaceutical companies in 2007 and cuts in international sales forces could be a further source of savings, according to Banc [...]

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Tags: Big Pharma · Pfizer · Pharma cheerleaders

Pfizer CEO cashes out with $198 million

December 23rd, 2006 · No Comments

According to Peter Rost:
Newspapers were filled with information about Dr. McKinnell’s $82 million pension package this spring. Shareholders were upset that Dr. McKinnell would receive this amount considering that Pfizer’s stock had lost 37% of its value during Dr. McKinnell’s tenure. Dr. McKinnell claimed that this wasn’t his fault. He said that the stock had [...]

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Tags: Big Pharma · Pfizer · Pharmaceutical companies

Bristol-Myers Squibb to pay $499 million settlement

December 23rd, 2006 · No Comments

Bristol-Myers Squibb has reached a $499 million settlement to dismiss federal investigations into questionable drug pricing and marketing tactics.
According to the Pittsburgh Tribune-Review:
The company entered an agreement in principle with the Justice Department and the U.S. Attorney in Massachusetts to pay the settlement and avoid civil and criminal charges. Bristol-Myers will also enter a [...]

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Tags: Big Pharma · Bristol-Myers Squibb · Pharmaceutical companies