drug pricing
The case against importing foreign drug prices
The U.S. shouldn't tie drug prices to artificially low overseas rates via the "most-favored nation" policy, opine two health policy experts at USC. They call the notion of such a policy a a blunt tool that would cede pricing power to foreign governments, threaten global access, and ultimately hobble innovation.
Instead, the U.S. should take charge with pricing reform by setting rational, value-based prices and then spreading that model abroad. This means rewarding drugs that actually work, they write, with success-based pricing.
"We often recoup these additional costs in the form of longer and healthier lives — cancer is a case in point," they write. "Only American price leadership can both help consumers and sustain innovation into the future."
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crispr
Biotech investors: Real progress isn't always flashy
It's time for biotech investors to learn an important lesson: CRISPR isn't a miracle cure, opine two gene-editing leaders at the ChristianaCare hospital system.
But CRISPR is steadily becoming a powerful tool against diseases like oral cancer, especially in underserved communities. By targeting chemo resistance directly within tumors, researchers are opening new doors for patients who've run out of options.
But biotech hype cycles threaten to eclipse real, incremental wins: Companies like Tome Biosciences raised massive sums and then lost steam after trying to chase systemic cures that science hasn't quite figured out yet. Meanwhile, less glamorous forms of research get sidelined, they say.
"The market gyrations are an indictment of how venture capital tends to look for the next really big thing instead of focusing on starting small and slowly building on victories to support patients and their health," the authors write.
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