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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: sammaster who wrote (1634)12/19/2005 12:54:43 AM
From: tuck  Read Replies (1) of 1826
 
This is either kind of embarrassing to me or a testament to Erik's intellectual capacity: I could have written something like what Erik wrote if I had listened to the presentation TWICE -- and English is my first language! Thanks, Erik, for the clarification.

>>2007 will bring generic zofran and much greater cost differential so hospitals will be quick to drop aloxi since zofran is not a "bad" drug..
hospitals are governed by profit margins if one drug is not clearly much more superior to another<<

How true is this, really? Don't hospitals have the same reimbursement set up? Am I displaying even more ignorance here?

I can certainly see insurers being interested in generic Zofran, if the cost/benefit of it is worth it (i.e. if there are more adverse outcomes, longer hospital stays, what have you -- from Zofran but the cost of them doesn't wipe out the difference in price between it and Aloxi -- and that's assuming they're utterly cold-blooded), but the hospitals? Wouldn't your scenario only be true for the uninsured?

Thanks for any help on my edification in this matter.

Cheers, Tuck
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