Patents on “reinvented” medications lead to higher insurance premiums

Earlier this week a patient of mine showed me another reformulation of Minocycline- this time for a mouth rinse for periodontal disease. It was going to cost her 240 dollars for one treatment and there was no data to share on effectiveness for the treatment. Her encounter reminded me of this piece I blogged in 2012. It is worth reviewing this information to keep the public informed. We all have choices to make.

The Doctor's Report

This Friday’s Wall Street Journal (June 22,2012) features an article authored by Jonathan D. Rockoff reporting that Abbott Laboratories is contesting a portion of the healthcare law regarding patent protection. Patent protections for the drug industry have a long history. In a prior newsletter I explained to our readers/patients how name brand products and generics work. I would defer interested persons to that article if you wish to have more historical and practical information regarding this.

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Abbott is challenging a portion of the healthcare bill that deals specifically with ‘biological medications’  (which by the way is the future for therapeutics).  If their case wins, Abbott will guarantee future profit for their drug, Humira.  Drug companies have a long history with patent law, and use it to maximize profits.  Patent law, patient protection, and the price protecting properties of full dollar insurance work together to increase profits of pharmaceutical companies and…

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About thedoctorsreport

Dr. Kordonowy is board certified by the American Board of Internal Medicine and has been in private practice since 1993. His group practice is in Fort Myers, Florida. His website is: www.drkordonowy.com. He earned his degree from the University of Kansas School of Medicine in Kansas City, Kansas and completed his residency as Chief Resident at Orlando Regional Hospital System. As Chief Resident, Dr. Kordonowy was recognized as the Outstanding Resident by the American College of Physicians. He is a member of the American Medical Association, American College of Physicians, and the American Society of Internal Medicine. In December 2005, Dr. Kordonowy became Board Certified in the new field of Clinical Lipidology by the American Board of Clinical Lipidology. Lipidology is the specialty of diagnosis and management of cholesterol and triglyceride metabolism disorders. Cardiovascular disease risk assessment is also part of this specialty. He now serves as president of the Independent Physicians Association of Lee County. He is active in the Lee County Medical Society, the Florida Medical Society , the Florida Lipid Foundation, National Lipid Association and the American Medical Association.
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