Tag:

drug pricing

Latest Headlines

Latest Headlines

CA panel: Gilead's Harvoni cost-effective at $95K, but only affordable at half the price

A California cost-effectiveness panel is prepared to say this about Gilead Sciences' brand-new combination treatment for hepatitis C: It's cost-effective, even at an eye-popping price. But--and this is a big but--the state can't afford to pay it.

Cost-conscious payers are eyeing higher prices on diabetes drugs

A time-honored technique for boosting drug sales is simple: Raise prices. Lately, plenty of drugmakers pressed by patent-cliff losses have done just that. But some notable price hikes on diabetes drugs may be backfiring with payers. With diabetes costs taking double-digit increases--and expensive newer meds launching--insurers are tightening restrictions on drug use.

Riled by $84,000 Sovaldi, Senate panel digs into Gilead's Pharmasset buy

Add a new set of pricing foes for Gilead Sciences). A U.S. Senate committee has joined the forces arrayed against the company's breakthrough hepatitis C drug Sovaldi and its $84,000 price tag.

Politicians add fuel to the firestorm over Gilead's hep C drug pricing

Rep. Henry Waxman and several Democratic colleagues in Congress wrote Gilead CEO John Martin an excoriating letter on Friday, demanding to know why Gilead Sciences' hepatitis C wonder drug Sovaldi costs $84,000--and whether Gilead is doing anything to make sure that poor patients get access to it.

Saline that starts at $1.07 ends up costing about 90 times more

The New York Times recently found out that different patients treated in a recent food-poisoning event paid prices that ranged over hundreds of dollars for basic IV saline solution. More surprising is that the Medicare-approved rate for a liter of saline that can end up at $90 starts at $1.07 a liter.

U.K. looks to slash branded drug prices up to 20%

The U.K. government is the latest to start looking to tamp down prices on already-approved drugs as it tries to take control of what it sees as runaway healthcare costs.

Greece accuses pharma of withholding meds, triggering shortages

Greece and the drug industry aren't getting along so well. After several years of stiffing drugmakers on their bills, the Greek government now accuses more than 50 pharma companies of cutting off supplies of key drugs, the Guardian reports.

German cost agency spurns Xalkori, Komboglyze

The well-armed German pricing gatekeepers have dismissed two more Big Pharma drugs. Pfizer's ($PFE) lung cancer treatment Xalkori and the Bristol-Myers Squibb ($BMY)/AstraZeneca ($AZN) diabetes drug Komboglyze both got an initial thumbs-down from the Institute for Quality and Efficiency in Health Care (IQWiG).

Premium pricing for Novo's Tresiba in EU, a tiny bit of good news

It is little compensation for being shut out of the U.S. market with its best new product, but Novo Nordisk said it will price Tresiba at a premium in Europe, where the product is facing off against market leader Lantus.

China hits Big Pharma meds with 15%-plus price cuts

Pharma's path to a big payoff in China is growing narrower and narrower. The government has just announced its fourth drug-price cut since 2011, with 400 meds subject to forced discounts. And on that list are several of Big Pharma's key products.