Company Filing History:
Years Active: 2009-2011
Title: Michael W Lyon: Innovator in Pharmaceutical Selection Methods
Introduction
Michael W Lyon is an accomplished inventor based in Olivenhain, California. He has made significant contributions to the field of pharmacy through his innovative methods aimed at improving medication selection processes. With a total of 2 patents, Lyon's work focuses on enhancing the efficiency and effectiveness of prescription medication dispensing.
Latest Patents
Lyon's latest patents include a method for improving pharmaceutical selection ratios in pharmacy implementation of prescription medication dispensing plans. This method encourages pharmacies and physicians to select appropriate and effective medications while discouraging the selection of higher-priced alternatives when more economical options are available. The system allows for a single representative price, known as a capitation rate, to be calculated for a group of related medications, which includes both branded and generic options. This price is paid to pharmacies for all prescriptions fulfilled under the plan, and the representative prices for different groups are periodically reviewed and updated as necessary.
Career Highlights
Lyon has established himself as a key figure in the pharmaceutical industry, particularly through his work with Medimpact Healthcare Systems, Inc. His innovative approaches have contributed to the optimization of medication selection, ultimately benefiting both healthcare providers and patients.
Collaborations
Throughout his career, Lyon has collaborated with notable colleagues, including Frederick Howe and William J Barre. These partnerships have further enhanced his contributions to the field and have fostered a collaborative environment for innovation.
Conclusion
Michael W Lyon's work in improving pharmaceutical selection methods demonstrates his commitment to enhancing healthcare practices. His innovative patents and career achievements reflect his significant impact on the industry.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.