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Pharmaceutical, Biotech Research Companies Support Newark Rx Assistance Program
Date:9/22/2009

WASHINGTON, Sept. 22 /PRNewswire-USNewswire/ -- The City of Newark, New Jersey, today launched Newark Rx with the support of a number of America's pharmaceutical research and biotechnology companies. The program is designed to deliver free or nearly free medicines to the uninsured and low-income patients who do not qualify for Medicaid.

"The Pharmaceutical Research and Manufacturers of America (PhRMA) and its member companies are proud to be able to work with Newark Mayor Cory Booker, Heinz Family Philanthropies, the Health Care Institute of New Jersey and other partners to help city residents obtain the medicines they need," said PhRMA Vice President Jan Faiks. "Newark Rx targets patients with household incomes at or below 200 percent of the federal poverty level, which is about $21,660 a year for an individual and $44,100 annually for a family of four."

Faiks stressed that the patients who will be helped often suffer the debilitating effects of common chronic diseases and because of that, "it is essential that they obtain medicines that can either prevent deterioration to full-blown disease or manage medical conditions when they develop."

Studies show that when patients combine healthy diet and exercise with taking medicines as prescribed, they often avoid expensive surgeries and hospitalizations. "That helps them live more productive lives and helps the city of Newark and state of New Jersey save money," Faiks said.

She cited a 2007 study published in the journal Health Affairs by researchers at Harvard and the Massachusetts Institute of Technology (MIT) that found high blood pressure medicines prevented 86,000 deaths in America in 2001 and 833,000 hospitalizations in 2002. The same researchers also estimated that if all patients suffering from high blood pressure took their medications as prescribed, an additional 89,000 deaths and 4
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SOURCE Pharmaceutical Research and Manufacturers of America
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