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Showing posts with label Makes. Show all posts
Showing posts with label Makes. Show all posts

Thursday, July 5, 2012

Industry editorial makes outlandish claim about impact of medical devices

Minnesota is the home of several medical device makers.  So there’s been a lot of editorializing about the medical device tax in the Affordable Care Act. There has been some criticism of Minnesota politicians over whose interests they represent on the issue.

Today’s Star Tribune carries a commentary from an industry spokesman – Dale Wahlstrom, president and CEO of LifeScience Alley. He retired from Medtronic in 2006 after 24 years.  His commentary includes this claim:

Medical devices save and improve lives. Between 1980 and 2000, medical device technology slashed the death rate from heart disease by a stunning 50 percent and cut the death rate from stroke by 30 percent. As a result, life expectancy was extended by more than three years.

Please note: I’ve written to a contact at LifeScience Alley asking for the source of that data.  In fairness, he hasn’t had much time to respond but I don’t expect an answer on the data source because I don’t think there is one. I’ll be happy to post an amendment/addendum if/when an answer is forthcoming. That editorial has been published for hours already and I think it’s important to publish even this quick analysis as quickly as I can.

This quote attributes ALL cardiovascular health improvements to devices rather than siphoning off the mere fraction that might be attributable to devices versus drug therapies versus lifestyle changes.

One analysis published in the New England Journal of Medicine concluded:

Approximately 47% of this decrease (in coronary disease death rate) was attributed to treatments, including secondary preventive therapies after myocardial infarction or revascularization (11%), initial treatments for acute myocardial infarction or unstable angina (10%), treatments for heart failure (9%), revascularization for chronic angina (5%), and other therapies (12%). Approximately 44% was attributed to changes in risk factors, including reductions in total cholesterol (24%), systolic blood pressure (20%), smoking prevalence (12%), and physical inactivity (5%), although these reductions were partially offset by increases in the body-mass index and the prevalence of diabetes, which accounted for an increased number of deaths (8% and 10%, respectively).

So a little less than half is attributable to changes in risk factors.  A little more than half to ALL treatments – including drugs, surgery, etc.

The largest reductions in deaths came from the use of secondary-prevention medications or rehabilitation after acute myocardial infarction or after revascularization (a total reduction of approximately 35,800 deaths) and from the use of initial treatments for acute myocardial infarction or unstable angina (approximately 35,145 deaths), followed by treatments for heart failure and hypertension, statin therapy for primary prevention, and treatments for chronic angina.

The editorial is more than a matter of playing loose with the numbers; it is a vast overstatement and a distortion of the evidence. There’s no question that medical devices have contributed to the decline.  It is disingenuous to attribute ALL of the benefit to devices.

I’m not going to comment on the medical device tax.  For now, I’ll leave that to the politicians and special interests.

But on this site, we address and try to correct any misleading claims about medical interventions whenever we see them – whatever the source.  And this editorial made a whopper!

I only hope that such whopping misleading claims aren’t misleading politicians into positions they wouldn’t take if they evaluated the claims.



View the original article here

Industry editorial makes outlandish claim about impact of medical devices

Minnesota is the home of several medical device makers.  So there’s been a lot of editorializing about the medical device tax in the Affordable Care Act. There has been some criticism of Minnesota politicians over whose interests they represent on the issue.

Today’s Star Tribune carries a commentary from an industry spokesman – Dale Wahlstrom, president and CEO of LifeScience Alley. He retired from Medtronic in 2006 after 24 years.  His commentary includes this claim:

Medical devices save and improve lives. Between 1980 and 2000, medical device technology slashed the death rate from heart disease by a stunning 50 percent and cut the death rate from stroke by 30 percent. As a result, life expectancy was extended by more than three years.

Please note: I’ve written to a contact at LifeScience Alley asking for the source of that data.  In fairness, he hasn’t had much time to respond but I don’t expect an answer on the data source because I don’t think there is one. I’ll be happy to post an amendment/addendum if/when an answer is forthcoming. That editorial has been published for hours already and I think it’s important to publish even this quick analysis as quickly as I can.

This quote attributes ALL cardiovascular health improvements to devices rather than siphoning off the mere fraction that might be attributable to devices versus drug therapies versus lifestyle changes.

One analysis published in the New England Journal of Medicine concluded:

Approximately 47% of this decrease (in coronary disease death rate) was attributed to treatments, including secondary preventive therapies after myocardial infarction or revascularization (11%), initial treatments for acute myocardial infarction or unstable angina (10%), treatments for heart failure (9%), revascularization for chronic angina (5%), and other therapies (12%). Approximately 44% was attributed to changes in risk factors, including reductions in total cholesterol (24%), systolic blood pressure (20%), smoking prevalence (12%), and physical inactivity (5%), although these reductions were partially offset by increases in the body-mass index and the prevalence of diabetes, which accounted for an increased number of deaths (8% and 10%, respectively).

So a little less than half is attributable to changes in risk factors.  A little more than half to ALL treatments – including drugs, surgery, etc.

The largest reductions in deaths came from the use of secondary-prevention medications or rehabilitation after acute myocardial infarction or after revascularization (a total reduction of approximately 35,800 deaths) and from the use of initial treatments for acute myocardial infarction or unstable angina (approximately 35,145 deaths), followed by treatments for heart failure and hypertension, statin therapy for primary prevention, and treatments for chronic angina.

The editorial is more than a matter of playing loose with the numbers; it is a vast overstatement and a distortion of the evidence. There’s no question that medical devices have contributed to the decline.  It is disingenuous to attribute ALL of the benefit to devices.

I’m not going to comment on the medical device tax.  For now, I’ll leave that to the politicians and special interests.

But on this site, we address and try to correct any misleading claims about medical interventions whenever we see them – whatever the source.  And this editorial made a whopper!

I only hope that such whopping misleading claims aren’t misleading politicians into positions they wouldn’t take if they evaluated the claims.



View the original article here

Wednesday, July 4, 2012

88-year-old George H.W. Bush: "maybe you come out with a new drug that makes memory to come roaring back"

Former President George H.W. Bush wrote a poem for her grandchildren:
"so I can add the relationship on getting older.
Who knows, maybe you come out with a new drug that makes your legs bend easier,
Joints of the lesser evil, to go beyond, come roaring back, memory
And all fears of falling rocks fishing going on. 
Remember an old song: I'll be ready when you are.
Well I'll be ready when you are
There is so much excitement ahead, many grandchildren watch grow.
If you need me I'm here. "

By the way, the former President, 88-year-old said he wasn't done skydiving. His goal: to jump again when he is 90.
References:

' If you need me I'll be there ': George H.w. Bush moved to tears during the interview with granddaughter Jenna on her old family and growing | Daily Mail Online http://goo.gl/noCt0


View the original article here

88-year-old George H.W. Bush: "maybe you come out with a new drug that makes memory to come roaring back"

Former President George H.W. Bush wrote a poem for her grandchildren:
"so I can add the relationship on getting older.
Who knows, maybe you come out with a new drug that makes your legs bend easier,
Joints of the lesser evil, to go beyond, come roaring back, memory
And all fears of falling rocks fishing going on. 
Remember an old song: I'll be ready when you are.
Well I'll be ready when you are
There is so much excitement ahead, many grandchildren watch grow.
If you need me I'm here. "

By the way, the former President, 88-year-old said he wasn't done skydiving. His goal: to jump again when he is 90.
References:

' If you need me I'll be there ': George H.w. Bush moved to tears during the interview with granddaughter Jenna on her old family and growing | Daily Mail Online http://goo.gl/noCt0


View the original article here

Monday, May 21, 2012

Box Office: 'Avengers' Makes Billion Dollars Worldwide


 

'The Dictator' Trailer: Sacha Baron Cohen Makes 9/11 Jokes, Delivers Baby

AppId is over the quota
AppId is over the quota
The Dictator Red Band Trailer

If the first trailer for Sacha Baron Cohen's newest alter-ego comedy, "The Dictator," left you wanting more, don't worry: the new red-brand one will certainly, uh ... deliver.

The new clip explains a bit more of what's happening in Cohen's upcoming parody: A tyrannical, good-time dictator (Cohen) travels to America -- "the birthplace of AIDS" -- and has his regal identity stripped from him. Then, in a "Coming to America"-esque fashion, the dictator is forced to take a menial job and prove his American-ness.

The trailer features a whole lot of 9/11 jokes, a baby delivery scene (cue the ever-so-overdone line: "That's the wrong hole!") and general envelope-pushing that we've come to enjoy from Sacha Baron Cohen. (See: Ryan Seacrest.)

Check out the red band trailer above. "The Dictator" -- with Cohen, Reilly, Ben Kingsley, Megan Fox and Anna Faris -- hits theaters May 16.

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View the original article here

Saturday, May 19, 2012

Box Office: 'Avengers' Makes Billion Dollars Worldwide


 

Tuesday, May 15, 2012

Box Office: 'Avengers' Makes Billion Dollars Worldwide

AppId is over the quota AppId is over the quota
LOS ANGELES — "The Avengers" is taking a page out of Superman's comic book – flying faster than a speeding bullet to the billion-dollar mark at the box office.
The superhero blockbuster took in $103.2 million to lead for a second-straight weekend, raising its domestic total to $373.2 million, according to studio estimates Sunday.
With $95.4 million more overseas, "The Avengers" lifted its international receipts to $628.9 million and a worldwide haul of just over $1 billion, only 19 days after it began rolling out in some markets.

"You never think that it can happen this quickly," said Dave Hollis, head of distribution for Disney, whose Marvel Studios unit produced the ensemble film after a long buildup in its solo superhero outings. "You hope you can get to this day, and the fact that it is happening this early is a testament to a lot of work that went in on the Marvel side over the last six years to get us to a place where people wanted to see the Avengers assemble."
"The Avengers" easily fended off Johnny Depp and Tim Burton's vampire romp "Dark Shadows," which had a so-so domestic start of $28.8 million to finish a distant No. 2.
That's far below such past Depp-Burton collaborations as "Alice in Wonderland," which opened with $116.1 million, and "Charlie and the Chocolate Factory," which debuted with $56.2 million.
"Dark Shadows" added $36.7 million in 42 overseas markets for a worldwide total of $65.5 million.Click Here!
"The Avengers" was the first movie ever to pull in more than $100 million domestically in its second weekend, passing the previous best of $75.6 million for "Avatar." The film also topped $300 million domestically Saturday after just nine days in release, beating the previous record set by "The Dark Knight," which hit that mark in 10 days.
Already the year's biggest hit worldwide, "The Avengers" is on the verge of passing "The Hunger Games" at $386.9 million to become the top-grossing film domestically for 2012.
Revenue for "The Avengers" was off just 50 percent from the film's domestic debut of $207.4 million the previous weekend, a remarkable hold given how big it started.
A round-up of such Marvel idols as Iron Man (Robert Downey Jr.), the Hulk (Mark Ruffalo), Captain America (Chris Evans) and Thor (Chris Hemsworth), "The Avengers" has shot past the revenues that its solo superhero predecessors took in for their entire runs. The best of those domestically was "Iron Man" with $318.4 million.
"There has been a surprise around every corner with this picture in terms of how high is high and how big is big," Disney's Hollis said.
Inspired by the supernatural soap opera that debuted on TV in the mid-1960s, "Dark Shadows" stars Depp as an 18th century vampire who is freed after two centuries of burial and returns to his ancestral homestead in the 1970s, aiming to rebuild the family fortunes.
The TV show has only a cult following, so the Warner Bros. update relied on the lure of a reunion between frequent collaborators Depp and Burton taking on another otherworldly tale. But "Dark Shadows" left both critics and audiences cold, failing to make much of a dent in the intense appeal of "The Avengers."
"Certainly, more is better, but it was a busy weekend, especially with `Avengers' doing $100 million in its second weekend," said Dan Fellman, head of distribution at Warner Bros. "The box office can only expand so much, and that was a hard one to anticipate. Those numbers are staggering."
Fox Searchlight's crowd-pleaser "The Best Exotic Marigold Hotel" broke into the top-10 in its second weekend as it expanded from a handful of cinemas to 178 theaters. The film took in $2.7 million to finish at No. 8.
"The Best Exotic Marigold Hotel" features Judi Dench, Bill Nighy, Maggie Smith and Tom Wilkinson in a tale of older Brits looking to retire to a cozy life in India.
Also in narrower release of 322 theaters, Eva Mendes' comic drama "Girl in Progress" opened at No. 10 with $1.4 million. The Lionsgate release stars Mendes as a nomadic single mom with a precocious teenage daughter.
"The Avengers" again provided the bulk of Hollywood's business. Overall domestic revenues totaled $172 million, up 23 percent from the same weekend last year, when "Thor" led with $34.7 million, according to box-office tracker Hollywood.com.
Domestic receipts for the year are at $3.83 billion, 17.6 percent ahead of last year's with a huge summer lineup yet to come.
Hollywood.com analyst Paul Dergarabedian said he expects Hollywood to break the summer revenue record of $4.4 billion it set last year and top its all-time annual high of $10.6 billion from 2009.
"I think we will surpass that given the strength of just the first two weeks of the summer and the strength of the films on the way," Dergarabedian said. "Records are just made to be broken this summer and this year."
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Hollywood.com. Where available, latest international numbers are also included. Final domestic figures will be released Monday.
1. "The Avengers," $103.2 million ($95.4 million international).
2. "Dark Shadows," $28.8 million ($36.7 million international).
3. "Think Like a Man," $6.3 million.
4. "The Hunger Games," $4.4 million ($2.4 million international).
5. "The Lucky One," $4.1 million ($2.5 million international).
6. "The Pirates! Band of Misfits," $3.2 million ($2.2 million international).
7. "The Five-Year Engagement," $3.1 million ($1.7 million international).
8. "The Best Exotic Marigold Hotel," $2.7 million ($1.9 million international).
9. "Chimpanzee," $1.6 million.
10. "Girl in Progress," $1.4 million.
___
Estimated weekend ticket sales at international theaters (excluding the U.S. and Canada) for films distributed overseas by Hollywood studios, according to Rentrak:
1. "The Avengers," $95.4 million.
2. "Dark Shadows," $36.7 million.
3. "American Reunion," $15.6 million.
4. "Battleship," $11.2 million.
5. "21 Jump Street," $3.2 million.
6. "Titanic" in 3-D," $3.1 million.
7. "As One," $2.6 million.
8. "The Lucky One," $2.5 million.
9. "The Hunger Games," $2.4 million.
10. "The Pirates! Band of Misfits," $2.2 million.
___
Online:
http://www.hollywood.com
http://www.rentrak.com
___
Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by News Corp.; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.
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