specialty drug


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specialty drug

A drug that has unusually complex requirements for development, manufacturing, storage, transportation, administration and/or monitoring. Most drugs in this category are extraordinarily expensive.
See also: drug
References in periodicals archive ?
The vast majority (85%) of the 115 specialty drugs studied are used to treat chronic health conditions.
Self-injectable Specialty Drugs - Device Categories - Autoinjectors - Needle-free Injectors - Pen Injectors - Prefilled Syringes - Wearable Injection Devices - Specialty Devices
who rely on a growing class of medications known as specialty drugs -- advanced medicine for complex conditions such as hepatitis C, juvenile arthritis and multiple sclerosis.
Growth in specialty drug utilization and cost will be the prime driver of a pharmacy benefits plan's drug trend in the foreseeable future.
Most specialty drugs treat chronic or complex illnesses that affect less than 3% of the general population, but they come with a significant price tag--these patients account for 25% to 30% of a company's overall medical costs.
Bayshore is very excited to partner with Manulife to provide tailored specialty drug case management for Manulife s plan members and their families.
LOS ANGELES -- DRX, a leading provider of healthcare comparison tools, technology and data, announced today that the company is expanding its coverage of specialty drugs in its popular DrugCompare technology.
Eighty percent agree (34%) or somewhat agree (41%) that their Pharmacy Benefit Manager does a good job managing specialty drug costs, but 90% strongly agree (56%) or agree (34%) that new and innovative solutions to managing specialty drugs are needed.
Managed Care plans and employer groups are facing unprecedented challenges in their efforts to control rising pharmacy costs-particularly the emergence of high-cost hepatitis C and other specialty drugs," said John Burns, Citizens Rx's Founder and Chief Executive Officer.
Buck Consultants', A Xerox Company, third survey on prescription drug benefits reveals the latest trends in coverage, cost management strategies, and specialty drugs.
com/research/9b3ae8/generic_drug_produ) has announced the addition of the "Generic Drug Product Development: Specialty Drug Forms" book to their offering.
Know your specialty drug spend and design specialty benefits to ensure that members will receive the right specialty medication through the most appropriate setting and that appropriate measurement criteria are in place to measure the effectiveness of the benefit and better control spend.

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