drug companies

$159M Pension Sets World Record

Posted on 06/26/2013 by | General News | Comments

Bulletin Today | Money & SavingsFrom The Associated Press McKesson’s Chairman and CEO John Hammergren has set a new record in corporate America: Largest pension around. The drug distribution company disclosed in a regulatory filing Friday that Hammergren was entitled to a $159 million lump-sum payment for his pension, had he voluntarily left the company on March 31. The size of his pension was first reported by the Wall Street Journal on Tuesday. Several compensation consultants say it is by far the largest pension for …

Study: Doctors Give In to Patient Demands for Brand-Name Drugs

Posted on 01/8/2013 by | Health | Comments

Bulletin Today | Personal HealthBy Alvin Tran of Kaiser Health News Doctors are more likely to prescribe brand-name drugs over lower-cost generics when patients request them and when physicians have contacts with drugmakers, a study published in JAMA Internal Medicine Monday shows. The researchers from Massachusetts General Hospital in Boston analyzed data from a survey of 1,891 doctors in 2009 and found that 37 percent of  doctors admitted to sometimes prescribing a brand-name drug at a patient’s request even though a generic version of …