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Posts with tag diabetes supplies

MedCo strengthens hold on diabetes market

Ever heard of MedCo Health Solutions? It's not a household name like the big pharmaceutical companies Novo, Glaxo etc. However, MedCo, which happens to be in the prescription benefit management business, is a large and powerful company. Now it's about to become even larger: the company is poised to pay $1.5 billion for PolyMedica Corporation, the nation's biggest supplier of diabetes-related products.

According to a Forbes report on the deal, PolyMedica has nearly one million patients using its products. Its product line includes Liberty Healthcare brand, blood glucose test kits and meters, lancet kits, insulin and the like. The Forbes article says the move is basically a smart one on the part of MedCo: it can cash in on the growing demand(14.5 % growth, annually!) for diabetes supplies. MedCo's chief exec, David Snow, told Forbes he anticipates the purchase could make his company (indirectly) the supplier of diabetes treatment products to half of all insured Americans with diabetes.

Factoid: ads for PolyMedica star "Cocoon" and "Seinfeld" actor Wilford Brimley.

Airport security champs

Last November, I forgot to take my Swiss Army Champ Knife out of my purse before going to JFK Airport. So, for being stupid, it cost me a kick-ass pocket knife I'd had since 6th grade. Live and learn. But this is pretty interesting - turns out a fellow blogger over at Gadling had an airport security faux pas, as well. Dare I suggest another forgetful diabetic was the culprit permitting the breach of security?

Jamie Rhein's husband was chosen for a routine safety inspection before the family boarded the Skybus. His carry-on was inspected. The goods included: liquid hand-cleaner, a pair of scissors and a mini-wine tasting kit. The kit, unopened at the time - was opened and the corkscrew was confiscated by security. There was a knife attached. The pair of full-metal scissors was allowed. The liquid gel wasn't given back. Red alert danger - I know how tricky soap can be. Watch out!

The irony of Jamie's experience is that halfway through the flight she found an unused hypodermic needle and syringe still in the packaging and two empty medicine vials under her 5 year-old son's seat. One of the crew said there had been a diabetic on board the previous flight. Good cleanup crews are hard to find. That's fine, but with all that security, it was an awakening to be on the lookout for a used needle when searching for her son's spilled crayons. Guess there's no avoiding being on incessant heightened alert. Speaking of -- I asked JFK security to donate my Swiss Army knife, after they told me I had to surrender it. Yeah right. I'm sure the dude who patted me down took it home. Keep it sharp, buddy!

Where Do You Shop?

Scarborough Research, the leading local market research firm for identifying consumer and retail behaviors in the United States, took the liberty of compiling a list of the top local markets selling diabetic medications in the last 12 months. A dubious distinction it may be, these locations burn like a flame for the moths of diabetes product resellers.

Knoxville, TN, Memphis, TN, and Columbus, OH round out the top 3 local markets for diabetes medication purchasers. The Scarborough analysis also finds that Walgreens is the number one national drug store brand among diabetes medication purchasers. More than 3.1 million, or 18%, of these consumers purchased prescription drugs at Walgreens during the past year. CVS (17%), Wal-Mart (16%), Rite Aid (8%), and Eckerd Drug (4%) complete the top national drug store brands among diabetes medication purchasers.

In Charleston, Wal-Mart is the top store among diabetes medication purchasers, as over one-quarter (27%) of these consumers purchased prescription drugs there during the past year. Rite-Aid (20%), CVS (14%), Fruth Pharmacy (8%), and Kroger (5%) are other leading stores among diabetes medication purchasers.

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