Emerging trends in pharmaceutical design and drug manufacturing are shifting toward presenting the market with new ways to develop medications. Specialty medications continue to be a major area of pharmaceutical development and have become widely discussed in workers’ comp due to their significant costs. Although they represent approximately 1% of drug utilization, they account for nearly 7% of prescription drug costs and represent the fastest-growing segment of the U.S. pharmaceutical market. While specialty drug products are often associated with a hefty price tag, some can offer clinical advantages when deployed for the right patient at the right time, making careful oversight and patient selection imperative to achieving desired outcomes in this space. Watch the video blog to learn more.
More stories
Mitchell
News Release
Mitchell and Protech Join Forces to Streamline Calibration Detection
Collaboration focused on helping repairers easily identify OEM-recommended calibrations for collision-damaged vehicles equipped with Advanced
Workers' Comp
Article
Ask The Pharmacist: The Role of Ketamine in Workers’ Compensation
What potential role does ketamine play in pain management for workers' compensation cases?Developed in the 1960s as an anesthetic, ketamin
Workers' Comp
Article
Enlyte Quarterly Medical Price Index - Q3
As reported by the Bureau of Labor and Statistics (BLS) for October 2024, the consumer price index in the United States increased 2.4% over the pre
Watch Now
Virtual Event
The 2024 State of Pharmacy Trends in Workers' Comp
On-Demand
Workers' Comp
Article
AI and Ergonomics: Merging Technology with Human Expertise for Optimal Workplace Solution
The rise of artificial intelligence (AI) is reshaping industries around the world, and the field of ergonomics is no exception. AI-d
Workers' Comp
Article
6 Common Causes of Work-Related Injuries and How to Treat Them
Work-related injuries are an unfortunate reality in many professions, and as claims professionals, it’s crucial to understand the common