Increased Privacy or Decreased Innovation?

Recently, the House’s Committee on Energy and Commerce held a hearing on privacy and the new regulations and guidelines being proposed by the Federal Trade Commission (FTC) and the National Telecommunications and Information Administration (NTIA), including the Obama administrations desire for a Privacy Bill of Rights. At the heart of the hearing was whether the […]

JOBS Act

The President is set to sign the JOBS Act today, a bill that has promised to jump start entrepreneurship and investment in startups. Among the many features, this new law would open up a new source of funding for small businesses and entrepreneurs who are looking to raise capital, but have been stonewalled by the […]

The Hill’s Congressional Blog: Improving Small Business Access to Private Capital Will Create Jobs

On the surface, last month’s economic indicators introduce a dose of positivity into the market: the private sector added 200,000 jobs and the unemployment rate dropped to 8.5 percent, its lowest point since February 2009. But take a closer look and you’ll see that small businesses are still struggling to catch up, as tight access […]

Information Technology Innovation Can Move the Jobs Needle

Our anemic economy needs meaningful job creation.  In the ‘90s Information Technology (IT) related innovations created many jobs and boosted productivity by 1-2%, enough to allow for good income growth.   In the 3rd quarter of 2011 income grew just 0.1%.   Within the next 5-10 years there are innovations whose total scale offers hope.  Some build-out […]

New Medicare Program Will Lead to More Costs Than Benefits for Some Homebound Patients

The Centers for Medicare & Medicaid Services (CMS) is implementing a bidding program that it hopes will lead to lower-priced devices and drive down Medicare costs for the homecare patients.  However, auction bidding experts have overwhelmingly found that the current program will lead to below-cost pricing, which would adversely affect supply.  The resulting decrease in […]

Cloud Computing: Pervasive Impact Likely for Consumers

Information technology-using consumers are seeing a deluge of useful, fast-to-arrive applications.  Chatter about “app stores” and data charges in mobile wireless bills might lead us to think that smart phones and tablet computers explain the deluge.   That’s only half-right – phones and tablets are good consumer devices for delivering applications, but Cloud Computing plays an […]

Dr. Joseph Fuhr Discusses Biosimilar Competition and Trends

Dr. Joseph P. Fuhr, Jr., ACI Senior Fellow and professor of Economics at Widener University, presented at CBI’s 6th Summit on Biosimilars and Follow-On Biologics.  His presentation “A Prospective Look at the Shape of Biosimilar and Innovator Companies in Five to Ten Years,” was presented on Wednesday, March 30, 2011.  His presentation included: An examination of paths […]

Professors Blackstone and Fuhr on the Benefits of Biosimilar Competition

  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 […]

Biosimilars and Innovation: Article by Professors Blackstone and Fuhr

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. […]