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Abbott Laboratories' Statement Regarding the CMS Announcement on Medicare Demonstration Project for Self-Injectable Drugs.

Publication: PR Newswire
Publication Date: 25-JUN-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Abbott Laboratories today issued the following statement:

The plan by the Centers for Medicare and Medicaid Services (CMS) to provide America's seniors with access to self-administered prescription medicines through the Medicare replacement drug demonstration program represents an important step in meeting the needs of Medicare beneficiaries with serious or life-threatening diseases. Through the demonstration program, patients will save thousands of dollars on new, innovative treatments that they can administer at home.

Abbott is pleased that the demonstration program will cover medications for rheumatoid arthritis (RA), including Abbott's self-injected biologic treatment, HUMIRA(R) (adalimumab). The program will expand available treatment options for thousands of patients fighting this serious and potentially crippling condition.

Until now, under Medicare Part B, the only treatments available to many Medicare patients...

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