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Imports Aren’t the Answer to High Drug Prices

By The Honorable Bob Franks, President, HealthCare Institute of New Jersey Bridgewater, NJ, October 15, 2007 — Fueled by recent headlines about tainted produce, pet food, seafood, toothpaste and even children’s toys, Americans have good reason to worry about the safety of imported goods.  At the root of this phenomenon is the failure of the […]

Medicine Program May Help Needy Latinos

By Richard Khavkine, Staff Writer  August 22, 2007 — Four in 10 Latinos living in New Jersey had difficulties paying for medicines in the last year, according to an AARP study released in May.

A Prescription for Good Reading Skills

The Times of Trenton Bridgewater, NJ, June 30, 2007 — Former Congressman Bob Franks (R-7th District), president of HealthCare Institute of New Jersey (HINJ), reads to children at the Henry J. Austin Health Center in Trenton Tuesday. The center received 1,000 of the 6,000 books to be given by New Jersey’s pharmaceutical and medical technology […]

Trenton Children Benefit from Book Donation

Bridgewater, NJ, June 26, 2007 — Six Trenton medical facilities today received 1,000 books each to disseminate to their youngest low-income patients, thanks to New Jersey′s Pharmaceutical and Medical Technology Industry — and their trade association, the HealthCare Institute of New Jersey (HINJ).

Pharma Jobs Still Among Best Paid

By Jeff May, Star-Ledger Staff  Trenton, NJ, June 15, 2007 —The pharmaceutical and medical technology industries remain two of the most reliable bastions of high-paying jobs in New Jersey, a recent survey concludes.

HINJ Report: Economic Impact of HINJ Members Totals $26.5 Billion

Healthy, Stable Economic Indicators Signal NJ′s Pharmaceutical & Medical Technology Industry Continues to Play a Critical Role in State′s Economy   Industry created 148,768 jobs — 61,971 direct +86,797 spin-off jobs Average base salary is $97,501 (up 4% from 2005) Payroll impacts of $7.6 billion (up 8.5% from 2005) Capital construction spending is $1.9 billion […]

New Workforce Study: Industry Reports Hiring Difficulty in 6 Key Job Categories

Modest Job Growth Projected for State’s Pharmaceutical and Medical Technology Industry Bridgewater, NJ, May 18, 2007 — New Jersey’s pharmaceutical and medical technology companies are citing a striking disparity between 6 high demand occupations and the number of qualified workers to fill them, according to a new report issued today by the HealthCare Institute of […]

Greater Transparency Needed In the Use of Reprocessed Single Use Devices

By The Honorable Bob Franks, President, HealthCare Institute of New Jersey Bridgewater, NJ, April 15, 2007 —Technological innovation continually produces new challenges to test our system of regulatory and legal safeguards.  A current example involves the reprocessing of single-use devices (SUDs).

Record-Breaking R&D Investment Could Spell Record Numbers of Breakthrough Cures

By The Honorable Bob Franks, President, HealthCare Institute of New Jersey Bridgewater, NJ, March 26, 2007 —PhRMA , the biopharmaceutical industry’s national trade association, recently announced that America’s pharmaceutical and biotechnology companies set a new record for research spending last year — investing $55.2 billion to develop new medicines and vaccines.  The study, conducted by […]

Price Controls Are Bad Medicine

Published in the Star-Ledger Editorial Page BY BOB FRANKS Bridgewater, NJ, January 12, 2007 —Our nation’s new Congress, as part of its much-heralded “first 100 hours,” is promising to overhaul the Medicare Part D prescription benefit program.   That vote could come as early as today.