Seeking Alpha

DEA restricts hydrocodone combination prescriptions

  • The DEA has reclassified hydrocodone combination drugs to stem a rise in their abuse, and will now label them in a category reserved for medical substances with the highest potential for harm.
  • The move has been resisted by many drug makers and wholesalers, but others like Mallinckrodt (NYSE:MNK) support it and say it will have no significant impact on their business.
  • Major makers of hydrocodone combination drugs include Actavis (NYSE:ACT), Teva (NYSE:TEVA), AbbVie (NYSE:ABBV), Zogenix (NASDAQ:ZGNX), Lannett (NYSE:LCI), and Alkermes (NASDAQ:ALKS).
Comments (19)
  • go wings
    , contributor
    Comments (4) | Send Message
     
    its about time!
    22 Aug 2014, 05:32 AM Reply Like
  • seekingthetrooth
    , contributor
    Comments (829) | Send Message
     
    If MNK goes down today because of this 'market moving' news. I'm buying the dips.
    22 Aug 2014, 06:00 AM Reply Like
  • papayamon
    , contributor
    Comments (1190) | Send Message
     
    Ridiculous how many addicts this drug and big pharm have created. The solution? It is always another pill.
    22 Aug 2014, 06:19 AM Reply Like
  • chopchop0
    , contributor
    Comments (4003) | Send Message
     
    Silly comment. The dea is just trying to make access more strict

     

    Ummm these pills were created to treat severe pain from things like cancer and surgery. Blame the abusers. Heroin is from the same major category and I don't see you blaming the opium poppy plant!
    22 Aug 2014, 07:20 AM Reply Like
  • papayamon
    , contributor
    Comments (1190) | Send Message
     
    Grossly ignorant and uninformed comment. When the U.S. has 5% of the world's population and consumes 90% of the world's hydrocodone, that alone should speak volumes. I am an ER nurse, and I can tell you this stuff is thrown out there like it's candy. The idea that it is reserved for cancer and surgery is laughable.

     

    EVERY DAY, we are filled with drug seekers. How did these people get so hooked? Because this stuff is prescribed for darn near everything from back ache to toothache to even ant bites. This goes on all over the country. I've been everywhere from Florida to Texas to Alaska. It's the same everywhere you go. It is a massive problem.

     

    In fact, what do you think the gateway to heroin use is? I'll tell you, it's hydrocodone. After someone becomes hopelessly hooked, heroin is cheaper.

     

    In all honesty, you don't have the slightest clue as to what you are talking about.
    22 Aug 2014, 04:36 PM Reply Like
  • bgold1955
    , contributor
    Comments (2267) | Send Message
     
    Papa..... I agree. I've watch a lovely woman turn into a different person over the last 6 years from taking hydrocodone due to back issues from a fall. She has had 2 wrecks in the last 2 years & I and many others suspect she was medicated. All believe the pain exists but she now is hopelessly addicted & losing friendships. So sad. Don't know the answer but medical weed may be an option but she refuses to try it as 1) not legal in the state she resides & 2) she explains she is a christian.
    23 Aug 2014, 10:30 AM Reply Like
  • mrmcchumba2
    , contributor
    Comments (208) | Send Message
     
    Addiction and abuse of legal narcotics has reached epidemic proportions in this country. Just ask ANY Emergency Room staff member. I'm no expert on what to do, but something needs to happen.
    22 Aug 2014, 08:50 AM Reply Like
  • lexoo
    , contributor
    Comments (108) | Send Message
     
    Let them eat cake (I.e. hydrocodone)!
    22 Aug 2014, 09:14 AM Reply Like
  • hedgefundaspiration
    , contributor
    Comments (4) | Send Message
     
    Why should this have a higher restriction than any other regularly abused pain medications?
    22 Aug 2014, 09:28 AM Reply Like
  • User 22386011
    , contributor
    Comment (1) | Send Message
     
    its always easier to blame someone else
    Nobody takes responsibility for their own actions
    22 Aug 2014, 09:29 AM Reply Like
  • jpate
    , contributor
    Comments (10) | Send Message
     
    The "Gov'mint" has spent decades, millions of $'s, incarcerated millions of otherwise upstanding (mostly black) men; RESULTS: militarized police forces, destroyed families, VERY RICH AND BRUTAL GANGS & CRIMINALS, and law-enforcemnt officials who are eager to build up their inventory and arrest records, plus thousands of bureaucrats, and INCREASING ADDICTION!
    Pass more laws??
    22 Aug 2014, 11:34 AM Reply Like
  • TGilbert
    , contributor
    Comments (24) | Send Message
     
    *sigh* And yet another move in this foolish war on drugs that will only serve to exacerbate the problem while also harming the honest users. Good going DEA *sarcasm*.
    22 Aug 2014, 12:02 PM Reply Like
  • User 15276012
    , contributor
    Comment (1) | Send Message
     
    Linden Barber, a former DEA attorney who now heads DEA compliance operations with the law firm Quarles & Brady LLP in Indianapolis, said he didn't believe the action would have a significant impact, since abuse of drugs such as oxycodone that already had tougher classifications remained high.

     

    He also warned that it was possible that doctors would lose any incentive to prescribe lower-strength hydrocodone combination products once they entered the same category as higher-strength products.
    22 Aug 2014, 12:20 PM Reply Like
  • User 6310581
    , contributor
    Comments (19) | Send Message
     
    Hillbilly Heroin.
    23 Aug 2014, 08:08 AM Reply Like
  • MacyGirl
    , contributor
    Comments (10) | Send Message
     
    I can not believe how unsympathetic most of you are. My husband had a bad car accident 40 years ago. He has had surgery (no more an option) several years ago and now has to depend on injections which only give minimal releaf and pain meds. Our neighbor committed suicide because of terrible back pain. While I hate that he has to take these meds for releaf, he has absolutely NO OPTION.
    24 Aug 2014, 10:37 AM Reply Like
  • lexoo
    , contributor
    Comments (108) | Send Message
     
    Nothing wrong with legitimate use. Hope something more effective is developed for your husband.
    25 Aug 2014, 08:46 AM Reply Like
  • TGilbert
    , contributor
    Comments (24) | Send Message
     
    It's a sad day when our leaders put the war on drugs ahead of the needs of those in pain.
    25 Aug 2014, 02:43 PM Reply Like
  • Jbgoose
    , contributor
    Comments (1838) | Send Message
     
    To the commenting nurses on the front lines; Perhaps if the mandates at many hospitals did not require an eval, isolation and finally a free benzo quick fix required to temp heal and release the dope sick folks just before the H line around the corner opens up, the burn out from dealing with you what you see might change. These people have dramatically increased in numbers since 2009 ..... ? It is certainly not the pills these days, it's the aftermath from 5 years back now creeping back into all corners of society.

     

    There will only be an increasing number of legit patients, let's not pretend otherwise. MacyGirl has a valid point, and pain impacts all people from all stripes. This firm (NASDAQ:ZGNX) was tossed into the back alley then stomped on by politicians riding the populist wave- for the most part. I sold prior to it's tanking and hope they find a way to duplicate their responsible efforts
    29 Aug 2014, 04:45 PM Reply Like
  • Vigen
    , contributor
    Comments (64) | Send Message
     
    ZGNX to go up to $1.70 soon.
    30 Aug 2014, 11:57 AM Reply Like
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