Addressing Coding Challenges with a Centralized Medical Coding Tool

| May 26, 2017

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Medical coding is a time-consuming and laborious responsibility for many pharmaceutical and biotech companies who conduct clinical trials and market their products in multiple locations around the world. Unless a centralized medical coding tool is used.

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Pharmalab

The company is a leading brand since 1962, engaged in engineering, designing, manufacturing, installing and commissioning fabricated stainless steel process; packaging equipment’s for pharmaceutical & non-pharmaceutical products which has built a prestigious reputation for past fifty years .Pharmalab has earned the trust of various pharmaceutical, biotech, food & beverages, cosmetics & agro-chemical companies over the past 5 decades & has currently served the requirements for manufacturing facilities in Ahmedabad , Mumbai, where in sales and marketing is co-coordinated from the head office situated at Govandi (E), Mumbai.

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What to Watch in 2020: Non-Specialty Drugs

Article | March 1, 2020

Pharmaceutical manufacturers are constantly working to develop new and improved medications. Join us as we explore the non-specialty drugs you should be watching in 2020. If you missed last week’s article about the most important upcoming specialty drugs, be sure to check it out here. Approximately 40 new medications are approved by the Food and Drug Administration (FDA) every year.1 (Please note: If you’re curious about what it takes to develop a drug and bring it to market, check out our previous article). Why should you care about these new medications? Because they can affect both your organization’s pharmacy spend and your members’ cost share. For non-specialty drugs, we will focus on medications that may come to market this year, including ones that are currently being reviewed by the FDA, or that are in the last clinical trial (Phase III) stage.

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Pharmacist eCare Plan - the newest disrupter in health data exchange?

Article | February 25, 2020

Every member of the health care team shares a common goal of optimizing patient outcomes. Yet each specialty and position of the healthcare team has a unique workflow facilitated by various tools, from an operative report to a progress note. In this regard the pharmacist plays a pivotal function in medication management and requires documentation specific to that role. The Pharmacist eCare Plan (PeCP) allows for an interoperable note to be used in the pharmacy to assist in the exchange of patient information, including active medication list, laboratory results, and payer information. To allow for this, a new type of clinical document architecture for the PeCP was created and standardized for use across pharmacies.

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Do Clinical Trial Delays Mean Trouble for Pharmaceutical Stocks?

Article | April 1, 2020

Pharmaceutical stocks have been somewhat of a safe haven for investors as the coronavirus outbreak spread from China to the rest of the world. But as the pandemic deepened, now resulting in more than 782,000 cases worldwide, even these "safer" companies are beginning to feel the effects. The U.S. is now the coronavirus epicenter, with the most cases -- more than 161,000 as of today. Initial concerns for drugmakers had to do with the supply of active pharmaceutical ingredients, which often come from China. The worry was that pharmaceutical companies wouldn't be able to produce enough of their drugs for patients.

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Top Pharmaceutical Firms Urge FDA to Adopt Blockchain for Drug Tracking

Article | February 25, 2020

Leading market participants in the United States pharmaceutical industry, logistics firms, distributors and other stakeholders in the pharma supply chain have come together to publish a report buttressing the need for industry players to adopt blockchain for tracking prescription drugs, following the successful completion of a DLT pilot project with the Food and Drug Administration (FDA), according to reports on February 24, 2020. Though nascent, blockchain technology, the building blocks of Bitcoin (BTC) and other cryptocurrencies are fast gaining ground across various ecosystems, due to its immutability, security, privacy, and other intricate properties. In the latest development, 25 leading manufacturers of pharmaceutical products, logistics partners and other market participants in the pharma supply chain, have published a report that highlights the importance of blockchain technology in drug traceability.

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Spotlight

Pharmalab

The company is a leading brand since 1962, engaged in engineering, designing, manufacturing, installing and commissioning fabricated stainless steel process; packaging equipment’s for pharmaceutical & non-pharmaceutical products which has built a prestigious reputation for past fifty years .Pharmalab has earned the trust of various pharmaceutical, biotech, food & beverages, cosmetics & agro-chemical companies over the past 5 decades & has currently served the requirements for manufacturing facilities in Ahmedabad , Mumbai, where in sales and marketing is co-coordinated from the head office situated at Govandi (E), Mumbai.

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