Pharmaceutical Technology

NOVEMBER 9, 2022

Despite their potential multi-million-dollar sticker price, if haemophilia treatments by BioMarin and CSL Behring prove durable, they could help patients save money compared to current treatments, experts note. A previous October 2020 report concluded that longer-term safety and efficacy were needed to update health-benefit price benchmarks.

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Pharmaceutical Technology

FEBRUARY 10, 2023

On November 22, 2022, the FDA approved CSL Behring’s Hemgenix (etranacogene dezaparvovec), the first gene therapy treatment for hemophilia B, with a staggering manufacturer price of $3.5 million, according to GlobalData’s Price Intelligence (POLI), making it the most expensive drug in the world.

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pharmaphorum

JANUARY 21, 2022

Access to medicines is “one of the most challenging policy areas in every country in the European region” – it’s time to develop a solution that works for everyone. Balancing the incentivisation of innovation against affordable access to revolutionary new medicines is an age-old conundrum in the biopharmaceutical industry.

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pharmaphorum

APRIL 26, 2021

In 2019 Cognitant and Addenbrook’s Hospital in Cambridge, UK piloted a programme that aimed to educate patients to improve adherence to rheumatoid arthritis medicines. Virtual reality is a technology that is beginning to be used in healthcare across a variety of settings.

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The Checkup by Singlecare

DECEMBER 5, 2023

The #ozempic tag on TikTok has amassed over 1 billion views to date. The typical price may run as high as $1,200, but a SingleCare coupon can decrease that price drastically. If they recommend a medication that your insurance doesn’t cover, be sure to check the SingleCare price. Ozempic is not cheap.

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pharmaphorum

NOVEMBER 19, 2020

Novartis/Genentech’s eye drug Lucentis could be the next big blockbuster to face competition from cheaper biosimilars after its US patent expired this year – and Samsung Bioepis and Biogen are closing in after the FDA accepted a filing for their cut-price rival.

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pharmaphorum

NOVEMBER 19, 2021

Evrysdi was approved by the Medicines and Healthcare products Regulatory Agency (MHRA) in May, a couple of months after the drug also got a green light in the EU. million price tag make it is the most expensive treatment ever approved for NHS funding.

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pharmaphorum

JUNE 8, 2021

.” Biogen meanwhile has been taking flak over its decision to price Aduhelm at $56,000 per year, which looks set to re-ignite debate in the US about the cost of medicines. Aside from the high price, another issue is its dosing by monthly infusion, as clinics that can provide this are not available in all areas.

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Pharmaceutical Technology

JULY 14, 2022

Due to the high price tags associated with these speciality medicines, innovators have naturally favoured big markets with high GDP such as the US and EU-5 (Germany, France, Spain, Italy, and the UK). Go-to-market strategies. The choice of where to launch an orphan drug is an important and difficult decision.

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pharmaphorum

JUNE 2, 2021

The cost-effectiveness agency’s initial assessment is that Evrysdi is simply too expensive at its current price to be provided to the roughly 1,500 people with the rare genetic disorder who might be eligible to receive it. Comments can be submitted until 23 June. Comments can be submitted until 23 June.

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pharmaphorum

DECEMBER 23, 2022

price tag of $475,000 when it was first launched in 2017 – and it becomes apparent that these may not be desirable treatment options for every patient and in every setting. Add to this the considerable cost of these medications – the first approved CAR-T, Novartis’ Kymriah (tisagenlecleucel), had a U.S.

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Pharmaceutical Technology

JUNE 29, 2022

Additionally, pricing and access for rare disease therapies continue to be scrutinized closely. For example, while orphan drug designations have more than doubled in the last decade compared to the previous one, only 16% of therapies with orphan tags have managed to gain FDA approval in some indications.

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PharmD Live

DECEMBER 21, 2021

With an annual price per patient of nearly $56,000 per year, patients’ families are looking for solutions for their loved ones–with a huge price tag. The post 2021 Highlights of Chronic Care Medicine appeared first on PharmD Live.

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pharmaphorum

JUNE 2, 2022

The price is right. And of course, in many cases, these drugs have higher than average price tags compared to the wider market which is due to the limited – or in most cases – non-existent competition within a treatment area.”. This is why the action by the US in 1983 and subsequently the European Commission Regulation No.

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Pharmaceutical Technology

APRIL 5, 2023

But access to these treatments continues to remain limited due to high price tags and variable availability across regions. We have the emergence of this new pillar of medicine, which is out of the lab and beyond clinical trials now. AZ: Cell and gene therapies often come with a high price.

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The Checkup by Singlecare

NOVEMBER 2, 2023

More specifically, a 2023 study in the New England Journal of Medicine evaluated the effectiveness of semaglutide in people with heart failure with preserved ejection fraction (HFpEF) and obesity. Mounjaro, awaiting FDA approval for weight loss, is priced at $1,023.04 The high price tag is a barrier for many people.

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pharmaphorum

NOVEMBER 16, 2022

However, alongside this progress, Ben Hargreaves finds that there is also a conundrum over how to price these therapies. However, R&D efforts into biological medicine have moved into the ascendency in recent times, as the treatments often offer targeted therapy and better outcomes. However, with a price tag of €1.58

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pharmaphorum

JANUARY 31, 2023

Medication is a staple of modern medicine, with almost 50% of adults in the United States taking at least one prescription medication. Given the high price tags placed on many medications, it’s easy to understand why patients often feel that they are being taken advantage of.

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pharmaphorum

DECEMBER 2, 2020

After the war, Pfizer continued to focus on industrial chemicals as much as medicines, producing the citric acid needed for the emerging soft drinks industry, fuelling brands like Coca Cola and Dr Pepper’s expansion in the 1880s. For all the latest Pfizer news follow pharmaphorum’s Pfizer tag.

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The Checkup by Singlecare

AUGUST 30, 2023

Currently, efinaconazole topical is the most effective topical therapy forf toenail fungus, but there is no lower-priced generic version. Jublia is only available as a premium-priced brand-name drug. How long that bottle lasts depends on how many toenails are affected and how well the medicine is applied.

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Viseven

SEPTEMBER 14, 2023

Pharmaceutical procurement refers to the process of managing supplier relationships to ensure pharma companies receive correct medicines in the right quantities at reasonable prices while the supplier gets a transparent and timely payment. What is Procurement in the Pharmaceutical Industry? Let’s take a closer look at some of them.

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Pharmaceutical Technology

JUNE 21, 2023

The high price tag may be hard to defend , but with lifetime treatment costs for haemophilia B reaching as high as $23m for some, the single-dose treatment could prove far more cost-effective. Despite this, the Institute for Clinical and Economic Review (ICER) claimed that a fairer price would be in the region of $2.9m.

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The Checkup by Singlecare

MARCH 15, 2023

As a brand-name drug, Breztri Aerosphere has a premium price. That’s enough medicine for 120 puffs, which would be enough to last 30 days. At that price, a year’s worth of treatment at the full retail price will cost approximately $10,000. Unfortunately, its average retail price is higher than Breztri Aerosphere.

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The Checkup by Singlecare

MARCH 7, 2024

It’s a glucagon-like peptide-1 (GLP-1) receptor agonist, a glucose-lowering medicine. Ozempic dosage and administration “Ozempic is a weekly subcutaneous injection sold as a multidose pen,” says Chhaya Makhija, MD , endocrinologist and lifestyle medicine specialist, and founder of Unified Endocrine and Diabetes Care in California.

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pharmaphorum

MARCH 27, 2022

Johnson & Johnson is in course for approval of its multiple myeloma CAR-T therapy Carvykti in the EU the next few weeks, after getting a green light from the EMA’s human medicines committee. In the US, Abecma has a list price of around $420,00, while J&J has set its therapy a little higher at $465,000.

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pharmaphorum

FEBRUARY 16, 2021

In this first draft guidance NICE raised a series of issues with Zynteglo, which bluebird has already agreed to supply at a confidential discount from its hefty price tag, which is around €1.57 million in Europe. NICE said that data came from a small sample of patients and is using its standard discount rate of 3.5%

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pharmaphorum

AUGUST 10, 2020

But Spinraza costs $750,000 in the first year of treatment and about half that price annually from then on. Roche has decided to price Evrysdi according to its weight, costing up to $340,000 per year, with the cost being under $100,000 annually for some younger patients. Zolgensma costs about $2.1m

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The Spirit Pharmacist

DECEMBER 2, 2021

However, psychedelic assisted therapy is resource intensive and will likely come with a price tag putting it out of reach of many persons that could benefit from such therapies. The RDF bought up supplies of diabetes medications from manufacturers or other NGOs specializing in the redistribution of unwanted/unneeded drugs.

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Pharmaceutical Technology

JANUARY 27, 2023

In 2019, Cablivi became the first FDA-approved , nanobody-based medicine for acquired thrombotic thrombocytopenic purpura (aTTP), an ultra-orphan condition that causes blood clots in small blood vessels around the body. The disorder has a reported annual incidence between 1.5 cases per million in Europe.

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European Pharmaceutical Review

JULY 11, 2022

CPI has been working together with these partners since mid-2020 to develop this type of vaccine to ensure it can be manufactured in the quantities and price range required to have a real impact everywhere,” noted Kris Wadrop, CPI General Manager and the Project Lead. The innovative protein ?“glue”

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The Physician Pharmacist

SEPTEMBER 14, 2023

Hosted by licensed pharmacist and now 4th-year medical student Nathan Gartland, this podcast explores the unique pathway of combining pharmacy and medicine. In episode 2, Dr. Bryce Brohol joins Nathan to discuss his experience as a second-year medical student at Liberty University College of Osteopathic Medicine.

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pharmaphorum

DECEMBER 7, 2021

The researchers from the Cleveland Clinic discovered the association between Viagra and a lower risk of Alzheimer’s as part of a wide-ranging study that looked at more than 1,600 FDA-approved medicines to try to find drugs that could be re-purposed as dementia therapies.

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European Pharmaceutical Review

DECEMBER 27, 2023

This is in addition to its considerable price tag. About the author Professor Arnon Nagler, MD is President of the Hemato-Oncology Center and director of the Division of Hematology and the Bone Marrow Transplantation and Cord Blood Bank at the Sheba Medical Center, and Professor of Medicine at Tel Aviv University in Israel.

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ISPE

JANUARY 9, 2023

For example, based on benchmarking different cases, inserting four additional data points as tags into an existing data store would require an entire week of IT and QA collaboration. An increase in computing power requirements for AI model training brings a higher price tag, so careful planning is necessary to avoid surprises.

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Policy Prescription

APRIL 1, 2022

wholesale pharmacy industry against allowing the importation of more affordable medicine from Canada, which they insinuate means more counterfeit drugs. What goes unstated is how much of the $78 million in drug products were legitimate and safe drugs, tagged as “unapproved” or “misbranded,” versus counterfeit drugs.

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