DRUG PRICES
When $3.9M is fair drug price
A drug price watchdog concluded a forthcoming treatment for a rare, deadly childhood disease is worth up to $3.9 million — more than any medicine in history.
The gene therapy, approved last week as Lenmeldy, cures some babies of an ultra-rare neurodegenerative disease, called metachromatic Leukodystrophy. If given in time, they grow up to live essentially normal lives.
Lenmeldy's price is $4.25 million. That's closer to ICER's fair price, as a percentage, than the vast majority of medicines it reviews. Or as STAT's Jason Mast eloquently puts it: "In other words, in a country defined by irrational, runaway drug spending, many gene therapies live on a rare island of semi-rationality: They cost a fortune, but the return, sometimes, is babies
who get to have childhoods, grow up and become adults." Read more.
MORE DRUG PRICES
Will Bernie Sanders' attack on Ozempic work?
Senate health committee Chair Bernie Sanders (I-Vt.) is demanding lower prices for yet another drug, Novo Nordisk's diabetes and weight-loss drug semaglutide.
Sanders cited new study findings that Ozempic costs less than $5 a month to manufacture. Novo Nordisk charges Americans nearly $1,000 a month for the drug, while the same product sells for $155 a month in Canada and just $59 in Germany. Ozempic is the brand name for the drug when used to treat diabetes. As an obesity drug, it's sold as Wegovy.
Sanders said his committee will do whatever it takes to lower the price of Ozempic and the closer to what other countries pay for it. He's made similar promises before. After he proposed subpoenaing executives of companies that make insulin products, they announced plans to lower prices (though those price drops were likely due to a Medicaid rebate policy). Companies also lowered prices for inhalers after a Sanders investigation (though the same Medicaid rebate dynamic also applied to those products). Medicare is expected to choose Ozempic and Wegovy for price negotiation within the next few years, but it would take a couple more years after that for the negotiated price to take effect.
AGENCIES
Can no one sue the FDA?
That's the question Justice Samuel Alito repeatedly asked the Biden administration's lawyer on Tuesday as the court tussled over the FDA's prescribing standards for the abortion pill mifepristone. And while it's very difficult to do, especially when trying to restrict access, Sarah Owermohle reports that it has been attempted before, albeit in a totally different realm.
Ed Thompson, a longtime pharmaceutical manufacturer, in 2019 sued the FDA to restrict opioid labels to short-term use, ideally barring opioid prescriptions for chronic pain. He wasn't the first to consider it: Others, including opioid policy researcher Andrew Kolodny, mulled that path before abandoning it because policy experts warned it'd be virtually impossible to win.
Unlike the mifepristone and opioid suits, which sought to restrict access, FDA is usually sued by patients demanding more access to a restricted or experimental medicine. More here.
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