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- Rare Disease Pharmacy Insights
Rare Disease Pharmacy Insights
This week's must-know community updates, latest research & events
New Report: Introduction to Gene Therapy
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Latest ResearchUnlock hope with orphan drugs for rare diseases; small market, huge impactRare diseases affect over 300 million people globally, yet treatments remain elusive due to challenges in research funding and patient trials. Orphan drugs, developed for such rare conditions, offer hope, having received a boost from governmental incentives like India's National Policy for Rare Diseases 2021. This policy supports financial accessibility, enabling breakthrough therapies like Zolgensma to transform patient outcomes. Lumicera slashes costs on Stelara's biosimilar, saving millions annuallyLumicera Health Services has entered a significant purchase agreement for a biosimilar of Stelara, a prominent yet costly drug treating various inflammatory conditions. With this agreement, Lumicera aims to alleviate the financial burden on plan sponsors by reducing costs between $112,000 and $336,000 per patient annually and generating $120 million in client savings. This approach offers immediate affordability through their cost-plus model, bypassing traditional rebate delays. Health plan partners with Free Market Health for tailored patient pharmacy matchesHighmark has transitioned from exclusive relationships with specialty pharmacies to a more patient-centric approach, connecting with Free Market Health. By focusing on individual patient needs and specific conditions, it aims to improve outcomes and reduce medical costs. This new relationship now adapts to diverse pharmacies, from health system and community settings to those specialising in niche disease states. AI reshapes pharmacy, potentially raising drug shortages by 25%As AI integrates more deeply into specialty pharmacies, significant shifts are on the horizon. According to a survey published in the Journal of Managed Care & Specialty Pharmacy, 62% of participants expect a surge in drug shortages by over 25% in the next five years, affecting patient access to essential medications. This paints a challenging landscape where AI's role is both transformative and tumultuous, like rolling a set of magical dice where the stakes are high. When pharmacies step in, hepatitis C treatment becomes fast and accessibleThe No One Waits (NOW) study innovatively approached hepatitis C treatment by integrating a pharmacy team with direct involvement in delivering care. Participants, primarily from socially marginalised groups in San Francisco, began treatment instantly after diagnosis, thanks to a two-week starter pack. This practical model flouted usual delays tied to insurance formalities, showcasing a refreshing immediacy in healthcare. The partnership with a specialty pharmacy enabled 90% of the participants to transition to insurance-covered medication rapidly, addressing systemic barriers. |