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Global Fund Faces $3B Funding Shortfall
The Global Fund to Fight AIDS, Tuberculosis and Malaria is facing a budget shortfall of about $3 billion, Marcela Rojo, a Global Fund spokesperson, said on Friday, Reuters reports. Rojo said the Global Fund needs $170 million to pay for the programs it committed to supporting last year, and the organization will need between $2.5 billion and $3 billion to maintain and finance programs planned for 2010. "The Global Fund will need a substantially higher amount than the one pledged at the last replenishment in Berlin in 2007 ($10 billion)," Rojo said, adding, "The decisions that are made in the next 18 months will be critical for sustaining the gains achieved in global health so far and further scaling up programmes."

American Medical Association Commits To Help Slow Increases In Health Spending
"The need for health reform that provides coverage and high quality, affordable health care for all Americans is clear. Rising health-care costs strain individual, business and government budgets, and projected increases in health spending are not sustainable. The AMA is committed to action to help achieve greater value from our nation"s health-care spending. We want to help bend the spending curve and move forward on health reform.
News of the day
Deep Brain Stimulation For Depression Pilot Study Demonstrates Sustained Improvement In Depression Symptoms
According to the latest data in a clinical study supported by St. Jude Medical, Inc. (NYSE:STJ), deep brain stimulation (DBS) therapy for depression may provide sustainable improvement in depression symptoms among patients with major depressive disorder. Study results will be presented at the American Psychiatric Association (APA) meeting in San Francisco.
Sexual Health

Prescription Drug Use Dropped In 2008, Though Spending Increased, Medco Research Indicates

Use of prescription drugs in the U.S. declined in 2008 -- the first such decrease in a decade -- but total spending on such treatments increased by 3.3%, according to a report released on Wednesday by Medco Health Solutions, the AP/Washington Post reports. The report attributed the decline in sales to fewer new drugs being introduced in 2008, popular medications becoming available as non-prescriptions and concerns about certain drugs" safety. Total spending increased largely because of increased use of "specialty" medications for chronic and complicated illnesses, which often are more costly and sometimes require special considerations for storage or delivery to patients, according to the AP/Post. Profits on specialty drugs in 2008 increased by about 16%. The average costs for other brand-name drugs increased by more than 8% in 2008, the largest increase in five years. According to the report, spending on prescription drugs would have been higher but less costly generic medications accounted for 64% of all prescriptions in 2008.The report predicted that prescription drug use in the U.S. will increase by no more than 1% in 2009 and 2010. However, price increases are expected to contribute to an increase in total spending of 3% to 5% in 2009 and 4% to 6% in 2010 (Seaman, AP/Washington Post, 5/13). Reprinted with kind permission from http://www.kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation. © 2009 Advisory Board Company and Kaiser Family Foundation. All rights reserved.


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