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Biotech / Medical : Monsanto Co. -- Ignore unavailable to you. Want to Upgrade?


To: John F Beule who wrote (732)12/8/1998 12:52:00 PM
From: John F Beule  Read Replies (1) | Respond to of 2539
 
This bodes well for Celebrex, as Pfizer's sales force is numero uno!

HMOs See Rise in Patient Demand for Specific Brand-Name Drugs

San Francisco, Dec. 7 (Bloomberg) -- Americans increasingly are asking their doctors to prescribe specific brand-name drugs, led by Schering-Plough Corp.'s Claritin, Pfizer Inc.'s Viagra and Hoechst AG's Allegra, as drugmakers boost spending on direct-to-consumer advertising, a new poll shows.

Some 48 percent of officials at managed-care companies surveyed said they've seen a significant increase over the past year in the number of requests for drugs not regularly covered by prescription plans, according to research by IMS Health, which tracks prescription drug sales.

That's happened as drugmakers spend some $1.3 billion on direct-to-consumer advertising this year, more than triple what they shelled out in 1995, according to IMS estimates. Managed- care companies say such ads have helped push up use of expensive brand-name drugs, causing an increase in overall medical costs.

17:44:00 12/07/1998
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