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Friday, Jul 19th

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Seven Cancer Drug Billionaires Unmasked as Roche Surges

Roche billionairesRoche Holding AG (ROG), the Basel, Switzerland-based drugmaker that manufactures the world’s best- selling cancer treatment and reached a five-year high this week, has minted at least 12 Swiss and German billionaires. Seven have never appeared individually on an international wealth ranking.

The dozen billionaires, who are drawn from the Engelhorn family of Germany and Switzerland’s Hoffmann-Oeri clan, have a combined fortune valued at more than $35 billion, according to the Bloomberg Billionaires Index.

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Just say don't: Doctors question routine tests and treatments

Routine tests challengedNow there are 135. That's how many medical tests, treatments and other procedures - many used for decades - physicians have now identified as almost always unnecessary and often harmful, and which doctors and patients should therefore avoid or at least seriously question.

The lists of procedures, released on Thursday by the professional societies of 17 medical specialties ranging from neurology and ophthalmology to thoracic surgery, are part of a campaign called Choosing Wisely. Organized by the American Board of Internal Medicine's foundation, it aims to get doctors to stop performing useless procedures and spread the word to patients that some don't help and might hurt.

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Fracking, Health and Our Chemical History

frackingIn 1929, the Monsanto company introduced a new class of chemicals, polychlorinated biphenyls (PCBs), substances that would revolutionize electronics. Seven years later, several workers at the Halowax Corporation in New York who worked with PCBs fell ill, and three died of severe liver failure. By the mid-1930's, officials Monsanto and General Electric (GE), which was one of the leading licensees of the technology, knew about the potential health effects of PCBs. Soon more studies linked PCB exposures to cancer, developmental problems, and damage to the immune, reproductive, nervous and endocrine systems.

But the corporations continued their production and use of PCBs for decades. Finally, the chemicals were banned by Congress (the only such specific chemical ban ever enacted) in 1976. By then, GE had dumped an estimated 1.3 million pounds of PCBs into the Hudson River, making areas of the River the country's largest "Superfund" contamination zone, threatening the health and environment for millions of New Yorkers to this day. Millions more Americans are threatened today by other failures to assess and avoid the health problems caused by chemical-dependent technologies.

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FDA approves first eye implant that can restore limited vision

Argus II retinal implant9Patients who have lost their sight due to a rare disorder may be able to regain some vision using a new implantable device that takes the place of damaged cells inside the eye.

The Food and Drug Administration on Thursday approved the Argus II Retinal Prosthesis System as the first treatment for an inherited disorder that causes the breakdown of cells in the retina, a membrane inside the eye.

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Experts: Research fails to address environmental factors in breast cancer causes

Breast cancerAn interagency panel tasked with studying how the U.S. spends money in the study and prevention of breast cancer said on Tuesday that more money should be spent to study environmental causes of the disease as well as how women can prevent it.

According to the New York Times, the group has concluded that funds devoted to breast cancer are being spent inefficiently and without much coordination between agencies tackling the disease.

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Michigan Supreme Court rules that medical marijuana dispensaries are not allowed

Michcigan pot lawIt is illegal to sell medical marijuana through private shops, the Michigan Supreme Court ruled Friday in a decision one lawyer called “the end of the road” for the hotly debated issue.

In a 4-1 decision, the state’s highest court affirmed an Appeals Court finding that Michigan’s 2008 medical marijuana law does not allow people to sell pot to each other, even if they’re among the tens of thousands who have state-issued marijuana cards.

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Compounding pharmacies have been linked to deaths, illnesses and safety failures for years

apothecaryShoddy practices and unsanitary conditions at three large-scale specialty pharmacies have been tied to deaths and illnesses over the past decade, revealing that the serious safety lapses at a Massachusetts pharmacy linked to last fall’s deadly meningitis outbreak were not an isolated occurrence, records and interviews show.

The series of safety failures happened long before national attention focused on the New England Compounding Center, whose contaminated steroid shots were linked to 45 deaths and 651 illnesses.

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