Chronic asthma treatment
But 160,000 low-income Michigan children still have no health insurance, despite the fact that two-thirds of them qualify for MIChild or Medicaid.
Last year, Congress voted to expand the State Children's Health Insurance Plan (SCHIP) that would have allowed Michigan to expand coverage to those kids, but President Bush vetoed the bill. SCHIP later was reauthorized at current levels, leaving many Michigan children without access to basic health care. Several studies have shown that kids with chronic diseases such as asthma and diabetes have higher school absentee rates, do poorly on tests and are at greater risk of dropping out.
Congress also needs to help Michigan fix its expanding dropout crisis. More than 21,000 Michigan students dropped out of school last year and more than one in six Michigan adults do not have a high school diploma, severely limiting their income potential.
With an average dropout rate of 15 percent, Michigan needs help in the form of federal incentives for multiple pathways to graduation for young people, including creative school/community linkages that would help dropouts reconnect with educational opportunities
But no matter how difficult the decisions are today, we know our long-term strategy is right.
That said, Merck s numbers weren t all negative. Sales of first-in-class diabetes drug Januvia and novel HPV vaccine Gardasil beat analyst estimates, while asthma and allergy blockbuster Singulair revenue remained flat from the previous year. The biggest hit was to high-cholesterol drugs Vytorin and Zetia, which both saw sales drop 15 percent in light of the long-delayed Enhance data suggesting that Vytorin was no better than generic statins at decreasing arterial plaque, yet works fine for lowering cholesterol.
The combination of Merck s base business, new product growth including Gardasil, Januvia, and [breakthrough HIV drug] Isentress we believe, will exceed $5 billion in peak sales, Deutsche Bank analyst Barbara Ryan said in a letter. An agile, increasingly lean cost structure will support superior growth over the next several years. Further, Merck s late-stage pipeline has the potential to extend this record into the next decade.
The Devil in the Details
For the 7,200 employees looking at unemployment, the prospect for new jobs could be bleak
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