How inflationary rebates could have saved Medicare billions; Roivant-Pfizer drug hits high expectations

Taking stock of the drug industry, from the lab to the medicine chest ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

STAT+: Medicare would have saved $3.7 billion on Part B drugs if inflationary rebates were around in a recent three-year period By Ed Silverman Adobe The Inflation Reduction Act will prevent Medicare from spending a lot of money on drugs for which prices were raised, one researcher explained. Read More STAT+: Roivant-Pfizer inflammatory bowel drug hits high expectations in mid-stage study By Allison DeAngelis Adobe In a Phase 2 study, the drug helped 32% of patients with ulcerative colitis go into remission, compared to 12% in the placebo group. Read More STAT+: Geron, biotech that once sparked talk of immortality, finally gets a (more modest) success By Jason Mast Wikimedia Commons The results could provide a lifeline for Geron and set up a new treatment for the blood disorders, known as myelodysplastic syndromes, or MDS. Read More Sponsored Insight by STAT+ You're invited to STAT's JPM Recap On Jan. 13, get a full rundown of the deals, data, and scuttlebutt from the STAT reporters who attended the conference, and come away with insights you won't get anywhere else. Sign up here. Senior WHO official faults China for undercounting Covid deaths By Helen Branswell NOEL CELIS/AFP via Getty Images As Covid races through China, authorities are reporting low death totals — five or fewer a day — which outside experts say defies credulity. Read More Wednesday, January 4, 2023       1 Exchange Pl, Suite 201, Boston, MA 02109 ©2023, All Rights Reserved. I no longer wish to receive STAT emails Update Email Preferences | Contact Us | View In Browser