Benefits from Biosimilar Competition Erwin A. Blackstone and Joseph P. Fuhr, Jr. (For a printable version of this ConsumerGram with its footnotes, please click here biosimilar2-1)   The U.S. is now developing a process for expedited approval of biosimilars. Biopharmaceuticals are far more complex and costly to develop and produce than chemical drugs. Biosimilars [...]

From Delaware County Daily Times on November 26, 2010 … Experts Predicting Big Boost from Black Friday Click to link to the article  

FCC Chairman Genachowski says he still intends to implement Internet regulations, despite all of evidence that there nothing substantial to fix and that regulations would harm consumer welfare.  The evidence all shows that the imposition of Internet regulations would have a chilling effect on network investment and job creation.  This is the conclusion of experts, our research and a recent blog [...]

Professors Blackstone and Fuhr, both ACI experts, wrote an interesting article on the tradeoff of increased competition vs. increased innovation and the effects on drug prices.   The full citation is: Blackstone, Erwin A. and Fuhr, Joseph P., Jr., “Biosimilars and Innovation: An Analysis of the Possibility of Increased Competition in Biopharmaceuticals,” Future Medicinal Chemistry, vol 2, no. [...]

From Boomberg (November 11, 2010):   IAC’s Barry Diller Surrenders to Google, Ends Ask.com’s Search Effort   Full Story available here.

The Bureau of Labor Statistics just released it employment report for October 2010.  The unemployment rate was unchanged at 9.6%.  Nonfarm payroll employment increased by 151,000 in October, which is good, but still below a normal expansion.  So far, 874,000 jobs have been added since last December.  The increases were in the services industry, as the manufacturing industry tended [...]