STAT

MARCH 10, 2023

By law, Medicare will have to take a medication’s efficacy and its research and development costs into account when it starts to negotiate drug prices — but recent research shows pharma companies ignore those factors when they pick prices for their products. But neither factor has much effect, the studies concluded.

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Pharmaceutical Technology

SEPTEMBER 30, 2022

Spark Therapeutics’ Luxturna, indicated for inherited retinal disease (IRD), was the first gene therapy to be approved, in 2017, with a price tag of $850,000 for each eye. Prior to bluebird's approvals, there were only two FDA-approved gene therapies for inherited conditions on the market.

FDA 115

FDA Insurance 115

STAT

OCTOBER 27, 2022

Over the past week, Areva Pharmaceuticals began marketing vials of fludarabine at a wholesale price of $2,736, a much steeper cost than the $272 charged for the same dosage by Fresenius Kabi and the $109 price tag from Teva Pharmaceuticals, according to data from IBM Micromedex, which gathers pricing data that is reported by manufacturers.

Dosage 101

Dosage 101

STAT

DECEMBER 12, 2023

These drugs have price tags of $2.2 By comparison, a bone marrow transplant costs about $200,000 to $400,000, and, the study’s authors argue, could be performed on a broader swath of patients. million and $3.1 million, respectively. Continue to STAT+ to read the full story…

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Chemotherapy Immunization 111

STAT

DECEMBER 13, 2022

argued the planned price tag is nearly four times the current $30 price paid by the U.S. government and also represents a 10,000% markup over what some researchers have calculated as the cost to produce the vaccine. ” In their letter, U.S. Elizabeth Warren (D-Mass.) Peter Welch (D-Vt.)

Vaccines 84

Vaccines 84

STAT

APRIL 25, 2024

Senate Committee on Health, Education, Labor and Pensions is investigating the prices Novo Nordisk charges for its blockbuster medications, Ozempic and Wegovy, which are highly effective at treating diabetes and obesity but carry steep price tags, The New York Times writes. Bernie Sanders (I-Vt.), per package.

Packaging 82

Packaging 82

STAT

JANUARY 31, 2024

In response to concerns over multi-million-dollar price tags for new gene therapies for sickle cell disease, the U.S. government announced a long-awaited “access model” designed to blunt the cost that state Medicaid programs would pay for these curative treatments , STAT says. Two million and $3.1

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Pharmafile

NOVEMBER 23, 2022

CSL Behring’s haemophilia B gene therapy has recently been approved by US regulators, however the treatment has an enormous price tag. Costing $3.5m per dose, the one-off infusion therapy has become the world’s most expensive medicine currently available.

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The Checkup by Singlecare

DECEMBER 8, 2023

RELATED: Health insurance statistics 2023 Unfortunately, rising healthcare costs mean higher drug prices and even copays are harder to afford. If there’s a drug you need to take, but you can’t swing the steep price tag, ask your pharmacist to check SingleCare’s prices. RELATED: I lost my health insurance—now what?

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Insurance Customer Service Dosage 105

Roots Analysis

MARCH 8, 2023

It is worth noting that smart labels contain a transponder code which can be read by sophisticated devices, including radio frequency identification device (RFID) tags and near-field communication (NFC) chips. While most smartphones can read NFC chips, RFID tags can only be read by specialized receivers.

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Labelling Communication Packaging 52

Pharmaceutical Technology

MAY 19, 2023

DMTs for MS have a high price tag, particularly in the US. According to GlobalData’s recent Multiple Sclerosis: Seven-Market Drug Forecast and Market Analysis to 2030 – Update report, which identified 19 DMTs marketed for MS in the US, the average annual cost of therapy increased by 9% between 2020 and 2022.

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STAT

AUGUST 2, 2023

Spending on the popular drugs, which belong to the class including Ozempic and can cost as much as $1,350 a month for a patient, has quickly leapt into the tens of millions of dollars for insurance plans. The first drug purporting to slow the advance of Alzheimer’s disease is likely to cost the U.S.

Insurance Coverage 69

Insurance Coverage Insurance 69

pharmaphorum

OCTOBER 3, 2022

Chief medical officer at the independent drug pricing watchdog, Institute for Clinical and Economic Review (ICER), David Rind said Relyvrio should have been priced closer to the cost of production until there is clear proof about its efficacy. The post Amylyx ALS drug draws criticism over $158,000 price tag appeared first on.

Insurance 52

Insurance FDA 52

STAT

MARCH 10, 2023

Enjoy, and see you soon … By law, Medicare will have to take a medication’s efficacy and its research and development costs into account when it starts to negotiate drug prices — but recent research shows pharma companies ignore those factors when they pick prices for their products , STAT explains. Two

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European Pharmaceutical Review

MAY 22, 2023

Smart contracts, which are essential for easing international trade and logistics operations, can enable the user to track fake returns to the producer and supplier using RFID tags. Blockchain offers the possibility of non-modifiable data uploading with traceability and low-cost data storage.

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European Pharmaceutical Review

JUNE 8, 2023

Inefficient and costly downstream processing strategies are, according to some authors, the main driver of manufacturing /production costs for emerging bioproducts, the paper noted. However, the price of the cheapest mBs is ten-fold in cost compared to chemical surfactants. The product losses revealed to be around 11.6

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The Checkup by Singlecare

AUGUST 31, 2023

How much does Mounjaro cost without insurance? | Fortunately, a few savings strategies can help reduce the cost of Mounjaro. The copay cost could be high. The final out-of-pocket cost could include deductibles , coinsurance , or coverage gap costs. How much does Mounjaro cost without insurance?

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Insurance Compounding Insurance Coverage Labelling 98

Pharmaceutical Technology

NOVEMBER 9, 2022

On November 2, the Institute for Clinical and Economic Review (ICER) released its updated evidence aimed at measuring the clinical effectiveness and cost of the two haemophilia gene therapies. million price tag. With greater durability, the treatment could turn out to be highly cost effective, he adds.

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FDA 111

Pharmaceutical Technology

FEBRUARY 10, 2023

This is not the first treatment to come with a high price tag. Partly in response to such drugs, risk-sharing agreements (RSAs) have increased in popularity and aim to mitigate the risks of including high-cost drugs on reimbursement lists and healthcare plans.

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FDA 105

pharmaphorum

NOVEMBER 19, 2021

The cost-effectiveness agency had turned down Evrysdi (risdiplam) in draft guidance published in June, saying it was too expensive, but after negotiations with Roche has reached a deal that will make the drug available to around 1,500 people in England. million price tag make it is the most expensive treatment ever approved for NHS funding.

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European Pharmaceutical Review

DECEMBER 9, 2022

Growing R&D funding and research activity, higher product availability and lower outsourcing costs are likely to drive market growth. Tag Copenhagen A/S (Denmark). The research noted that the oligonucleotide synthesis market in the Asia-Pacific region is expected to develop at the quickest rate during the forecast period.

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Compounding 89

STAT

OCTOBER 6, 2022

million tag as cost effective for a Bluebird Bio drug called Zynteglo for the blood disorder beta thalassemia, Arbuckle said in an interview.  Even a drug-price watchdog, the Institute for Clinical and Economic Review, deemed the $2.8

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Pharmaceutical Technology

APRIL 13, 2023

Two gene therapies up for approval this year for sickle cell disease could be cost effective in some cases at a $2 million price point, based on a draft evidence report published by the Institute for Clinical and Economic Review (ICER). Since the price of the therapies is unknown, the institute used a placeholder cost of $2 million.

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FDA 59

Roots Analysis

MARCH 1, 2024

Examples of such technologies include DNA Taggants (a unique DNA tag used in the product / packaging that can be scanned using a designated instrument / equipment), invisible printing technologies, digital watermark technologies and hidden markers / print technologies. Such technologies have been shown to have highly secured features.

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Packaging Labelling 52

Med Ed 101

APRIL 7, 2019

Namenda XR comes in with a price tag of about $500 dollars per month. The generic version of Namenda (memantine) is an immediate release formulation that is probably going to cost less than $50/month. I feel like I’m still seeing quite a bit of Namenda XR being used. Source When comparing Namenda XR and memantine, […].

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pharmaphorum

APRIL 14, 2022

US cost-effectiveness watchdog ICER has handed bluebird bio some good news ahead of its FDA advisory committee meeting for rare blood disorder gene therapy beti-cel in June, by endorsing its proposed $2.1 million price tag. gene therapy is cost-effective appeared first on. The post ICER says bluebird bio’s $2.1m

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FDA 62

European Pharmaceutical Review

MARCH 1, 2023

In a recent study, Massachusetts Institute of Technology (MIT) researchers developed a new purification method to cut the costs of manufacturing protein drugs. However, the process can take up half of the total manufacturing cost. Once generated, the proteins need to be isolated from the reactor. Chromatography is the standard method.

Vaccines 95

Vaccines 95

The Checkup by Singlecare

DECEMBER 20, 2022

How much does oxybutynin cost without insurance? | How to get oxybutynin without insurance. Immediate-release oxybutynin tablets are lower-priced generics, but extended-release oxybutynin chloride ER usually costs twice as much. How much does oxybutynin cost without insurance? Is oxybutynin covered by insurance? |

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Insurance Insurance Coverage Dosage 52

pharmaphorum

NOVEMBER 24, 2022

One issue has been the cost of the drug, with health technology assessment agency NICE in the UK and the ICER organisation in the US both concluding its price tag means it is not a cost-effective option for health systems.

Labelling 52

Labelling Hospitals 52

NF2 BioSolutions

MAY 4, 2022

We have created a poster that you can print off, we would like everyone to get involved, take a selfie with the poster, or get someone else to take a photo of you and send it to us or post it onto your timeline (tag us please!). Worried about print costs? Or you can make a video saying, “I AM NF2 AWARE, ARE YOU?” (if

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pharmaphorum

AUGUST 18, 2022

bluebird has opted to launch it at a cost of $2.8 million price tag attached to the therapy when it was first made available in Europe, and is also well above the proposed $2.1 million level that cost-effectiveness organisation ICER said would be acceptable in a July report. million, which compares to the $1.7

FDA 52

FDA Insurance 52

pharmaphorum

NOVEMBER 16, 2021

The cost-effectiveness agency has backed Ontozry (cenobamate) as an option for treating focal onset seizures with or without secondary generalised seizures in adults with drug-resistant epilepsy that has not been adequately controlled with at least two prior antiseizure medicines. .

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Documentation 87

Pharmaceutical Technology

MAY 2, 2023

The unmet needs can be grouped into the broad categories of efficacy-related needs, cost-related needs, toxicity-related needs, personalised care-related needs, and “other” needs. Cost-related unmet needs also scored highly. Patients and healthcare facilities across markets often experience difficulties getting these agents reimbursed.

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Immunization Vaccines 52

pharmaphorum

JUNE 12, 2022

Beti-cel has already been approved for marketing in Europe as Zynteglo, with a price tag of around $1.8 In April, influential US cost-effectiveness watchdog ICER endorsed beti-cel’s proposed $2.1 million price tag, saying its ability to help patients reach sustained transfusion independence justified its high price.

FDA 57

FDA 57

pharmaphorum

AUGUST 21, 2022

There’s no word yet on its pricing, but for comparison Spravato was launched with an annual price tag of around $32,400, which the Institute for Clinical and Economic Review (ICER) concluded was around 25% to 52% too high to be cost effective.

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FDA Labelling 91

Pharmaceutical Technology

MAY 1, 2023

CTH-004 is developed by genetically altering patient T cells for inserting a chimeric antigen receptor (CAR) to target a marker (TAG-72) on ovarian cancer cells and delete genes which are involved in T cell function suppression. Shunxi will also hold an option to negotiate rights to other CAR-T products, which include the licenced IP.

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pharmaphorum

DECEMBER 23, 2022

But along with strong efficacy come some considerable risks and costs: cytokine release syndrome (CRS), where a patient’s immune system becomes dangerously over-stimulated, and neurotoxicity are potential side effects that need to be managed. Side effects and cost implications.

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Immunization Hospitals Vaccines 52