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Pharmaceutical Accountability Foundation
The Pharmaceutical Accountability Foundation (in Dutch Stichting Farma Ter Verantwoording) was established in Amsterdam in July 2018 to deal with pharmaceutical companies that demand excessive prices for medicines in the Netherlands. This followed a report by the in 2017. Wilbert Bannenberg, an epidemiologist, is the chairman. The group plans to deploy both health and pharmaceutical expertise and lawyers. They have investigated 12 cases all with the same business model, which they describe as: "buy an old, cheap product, get the old versions off the market, win orphan drug designation, and put up the price as high as you can." They say that European orphan drug legislation needs to be reformed. It plans to make a referral to the Netherlands Authority for Consumers and Markets in respect of the pricing policy of Leadiant Biosciences Ltd, formerly known as Sigma-Tau Rare Disease, for chenodeoxycholic acid which is used to treat about 60 children with cerebrotendineous xanthomatosis i ...
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Amsterdam
Amsterdam ( , , , lit. ''The Dam on the River Amstel'') is the Capital of the Netherlands, capital and Municipalities of the Netherlands, most populous city of the Netherlands, with The Hague being the seat of government. It has a population of 907,976 within the city proper, 1,558,755 in the City Region of Amsterdam, urban area and 2,480,394 in the Amsterdam metropolitan area, metropolitan area. Located in the Provinces of the Netherlands, Dutch province of North Holland, Amsterdam is colloquially referred to as the "Venice of the North", for its large number of canals, now designated a World Heritage Site, UNESCO World Heritage Site. Amsterdam was founded at the mouth of the Amstel River that was dammed to control flooding; the city's name derives from the Amstel dam. Originally a small fishing village in the late 12th century, Amsterdam became a major world port during the Dutch Golden Age of the 17th century, when the Netherlands was an economic powerhouse. Amsterdam is th ...
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Netherlands Authority For Consumers And Markets
The Netherlands Authority for Consumers and Markets (Dutch: ''Autoriteit Consument & Markt (ACM)'') is the competition regulator in The Netherlands. It is a regulatory authority based in The Hague. It is charged with competition oversight, sector-specific regulation of several sectors, and enforcement of consumer protection laws. It enforces Section 24 of the Dutch Competition Act. Organisation The Authority falls under the responsibility of the Ministry of Economic Affairs and Climate Policy and employs around 600 persons, divided over multiple Directions e.g. Direction of Consumers, Competition, Healthcare, Transportation etc. History ACM was founded on 1 April 2013 through the merger of the Consumer Authority (Consumentenautoriteit, CA), the Independent Postal and Telecommunications Authority (Onafhankelijke Post en Telecommunicatie Autoriteit, OPTA), and the Netherlands Competition Authority (Nederlandse Mededingingsautoriteit, NMa). Notable cases In 2017 ACM imposed a fi ...
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Leadiant Biosciences
Leadiant Biosciences, formerly known as Sigma-Tau Industrie Farmaceutiche Riunite, was founded in 1957 by research chemist Claudio Cavazza. In 2018 Leadiant Biosciences has come under fire for creating a monopoly for CDCA and unnecessarily increasing the price by a factor of 335. Construction began in 1964 of an industrial facility in Pomezia equipped with state-of-the-art automatic production machinery to provide steady employment for 64 people. The choice of Pomezia for its headquarters created one of the first industrialization and urban development initiatives in an area of Central-southern Italy that had previously been mainly devoted to agriculture. With the creation and launch of the Rekord B12 vitamin complex in September 1966 – an antiasthenic medicine that soon spread within the field of restorative infantile therapies – Sigma-Tau definitively asserted itself as a pharmaceutical manufacturer in Italy and abroad. From the 1970s to today From the 1970s onwards, ...
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Chenodeoxycholic Acid
Chenodeoxycholic acid (CDCA; also known as chenodesoxycholic acid, chenocholic acid and 3α,7α-dihydroxy-5β-cholan-24-oic acid) is a bile acid. Salts of this carboxylic acid are called chenodeoxycholates. Chenodeoxycholic acid is one of the main bile acids. It was first isolated from the bile of the domestic goose, which gives it the "cheno" portion of its name (Greek: χήν = goose). Structure Chenodeoxycholic acid and cholic acid are the two primary bile acids in humans. Chenodeoxycholic acid has two hydroxyl groups and is modified with the addition of another hydroxyl group to produce cholic acid. Some other mammals have muricholic acid or deoxycholic acid rather than chenodeoxycholic acid. It occurs as a white crystalline substance insoluble in water but soluble in alcohol and acetic acid, with melting point at 165–167 °C. Biosynthesis and function Chenodeoxycholic acid is synthesized in the liver from cholesterol via several enzymatic steps. Like other bile ...
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Cerebrotendineous Xanthomatosis
Cerebrotendinous xanthomatosis, also called cerebral cholesterosis, is an autosomal recessive form of xanthomatosis. It falls within a group of genetic disorders called the leukodystrophies. Presentation An inherited disorder associated with the deposition of a steroid known as cholestanol in the brain and other tissues and with elevated levels of cholesterol in plasma but with normal total cholesterol level; it is characterized by progressive cerebellar ataxia beginning after puberty and by juvenile cataracts, juvenile or infantile onset chronic diarrhea, childhood neurological deficit, and tendineous or tuberous xanthomas. Genetics CTX is associated with mutations in the CYP27A1 gene, located on chromosome 2q33-qter. The disorder is inherited in an autosomal recessive manner. This means the defective gene responsible for the disorder is located on an autosome (chromosome 2 is an autosome), and two copies of the defective gene (one inherited from each parent) are required in ...
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Sigma-Tau
Leadiant Biosciences, formerly known as Sigma-Tau Industrie Farmaceutiche Riunite, was founded in 1957 by research chemist Claudio Cavazza. In 2018 Leadiant Biosciences has come under fire for creating a monopoly for CDCA and unnecessarily increasing the price by a factor of 335. Construction began in 1964 of an industrial facility in Pomezia equipped with state-of-the-art automatic production machinery to provide steady employment for 64 people. The choice of Pomezia for its headquarters created one of the first industrialization and urban development initiatives in an area of Central-southern Italy that had previously been mainly devoted to agriculture. With the creation and launch of the Rekord B12 vitamin complex in September 1966 – an antiasthenic medicine that soon spread within the field of restorative infantile therapies – Sigma-Tau definitively asserted itself as a pharmaceutical manufacturer in Italy and abroad. From the 1970s to today From the 1970s onwards, S ...
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European Medicines Agency
The European Medicines Agency (EMA) is an agency of the European Union (EU) in charge of the evaluation and supervision of medicinal products. Prior to 2004, it was known as the European Agency for the Evaluation of Medicinal Products or European Medicines Evaluation Agency (EMEA).Set up by EC Regulation No. 2309/93 as the European Agency for the Evaluation of Medicinal Products, and renamed by EC Regulation No. 726/2004 to the European Medicines Agency, it had the acronym EMEA until December 2009. The European Medicines Agency does not call itself EMA either – it has no official acronym but may reconsider if EMA becomes commonly accepted (secommunication on new visual identity an). The EMA was set up in 1995, with funding from the European Union and the pharmaceutical industry, as well as indirect subsidy from member states, its stated intention to harmonise (but not replace) the work of existing national medicine regulatory bodies. The hope was that this plan would not o ...
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VU University Medical Center
VU University Medical Center Amsterdam ( nl, VU Medisch Centrum or VUmc) is the university hospital affiliated with the Vrije Universiteit Amsterdam. It is rated one of the best academic medical centers in the country in terms of patient care and research. It is located next to Amsterdam's A10 ringway in the southwestern part of the city, next to the campus of the Vrije Universiteit and close to Schiphol airport. On 30 October 2015, researchers at the VUmc Cancer Center Amsterdam reported developing a blood test that, from a single drop of blood, can diagnose cancer with a probability of 97%, and about 6-8% probability of a false diagnosis, in healthy patients. In October 2015 the VUmc got the first ''MRIdian'' system in Europe, currently the most advanced radiation therapy system to treat tumors, because the system has a built-in MRI scanner to aim the radiation optimally. History VU University Medical Center Amsterdam was opened in 1964 as the Academic Hospital of the Vrije U ...
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Martin Shkreli
Martin Shkreli (; born March 17, 1983) is an American former hedge fund manager. Shkreli is the co-founder of the hedge funds Elea Capital, MSMB Capital Management, and MSMB Healthcare; the co-founder and former chief executive officer (CEO) of the pharmaceutical firms Retrophin and Turing Pharmaceuticals (now Vyera Pharmaceuticals); and the former CEO of start-up software company Gödel Systems, which he founded in August 2016. In September 2015, Shkreli was widely criticized when Turing obtained the manufacturing license for the antiparasitic drug Daraprim and raised its price by 5,455% (from to $750 per pill). In 2017, Shkreli was charged and convicted in federal court on two counts of securities fraud and one count of conspiring to commit securities fraud, unrelated to the Daraprim controversy. He was sentenced to seven years in federal prison and up to $7.4 million in fines.Tom Hays & Colleen Long'Pharma Bro' Martin Shkreli cries in court, is sentenced to 7 years for sec ...
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Bruno Bruins
Bruno Johannes Bruins (born 10 July 1963) is a Dutch politician of the People's Party for Freedom and Democracy (VVD) who served as Minister for Medical Care in the Third Rutte cabinet from 26 October 2017 to 19 March 2020, when he resigned. He previously served as State Secretary for Education, Culture and Science from 29 June 2006 until 22 February 2007 in the Second and Third Balkenende cabinets. Bruins also served as Acting Mayor of Leidschendam-Voorburg from 22 February 2007 until 1 November 2007. He worked as a Corporate director for the public transport company Connexxion from 1 September 2008 until 1 August 2011 and was Chairman of the Employee Insurance association from 1 January 2012 until 26 October 2017. After the general election of 2017 Bruins was appointed as Minister for Medical Care in the Third Rutte cabinet. During his time in office, he led the initial phase of the Dutch government's fight against the COVID-19 pandemic. He resigned in March 2020 after ...
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COVID-19 Pandemic In The Netherlands
The COVID-19 pandemic in the Netherlands has resulted in confirmed cases of COVID-19 and deaths. The virus reached the Netherlands on 27 February 2020, when its first COVID-19 case was confirmed in Tilburg. It involved a 56-year-old Dutchman who had arrived in the Netherlands from Italy, where the COVID-19 pandemic seemed to enter Europe. As of 31 January 2021, there are 978,475 confirmed cases of infections and 13,998 confirmed deaths. The first death occurred on 6 March, when an 86-year-old patient died in Rotterdam. On the advice of the Outbreak Management Team (OMT), under supervision of Jaap van Dissel, measures were taken by the Third Rutte cabinet for the public health to prevent the spread of this viral disease, including the "intelligent lockdown". The government strategy on pandemic control has been criticised for the refusal to acknowledge the role of asymptomatic spread and the role of masks in preventing spread, as well as for the lack of testing capacity, in ...
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Pharmaceutical Industry
The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, Vaccine, vaccinate them, or alleviate symptoms. List of pharmaceutical companies, Pharmaceutical companies may deal in Generic drug, generic or brand medications and medical devices. They are subject to a legal drug trade, variety of laws and regulations that govern the patenting, testing, safety, efficacy using drug testing and legal drug trade, marketing of drugs. The global pharmaceuticals market produced treatments worth $1,228.45 billion in 2020 and showed a compound annual growth rate (CAGR) of 1.8%. History Mid-1800s – 1945: From botanicals to the first synthetic drugs The modern era of pharmaceutical industry began with local apothecaries that expanded from their traditional role of distributing botanical drugs such as morphine and quinine to wholesale manufacture ...
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