Drug Costs

ICER: New Migraine Drugs Not as Expensive as Previously Thought

by Samantha McGrail

The Institute for Clinical and Economic Review’s (ICER) final evidence report assessing the clinical effectiveness and economic value of three acute treatments for migraines had more favorable...

FDA Boosts Affordable Access to Insulin and Biological Products

by Samantha McGrail

The Food and Drug Administration (FDA) recently published a final rule and additional resources to provide useful information to healthcare providers to ensure smooth regulatory transition of insulin...

ICER, Aetion to Boost Real-World Evidence for Clinical Trials

by Samantha McGrail

ICER adopts Aetion’s platform to advance standards for how real-world evidence can inform decision making for clinical trials and enhance overall patient care.  The Institute for Clinical...

Esperion Earns FDA Approval for Cholesterol Lowering Drug Nexletol

by Samantha McGrail

Esperion recently announced that the FDA approved Nexletol an LDL-cholesterol lowering medicine, boosting access to medicine for patients with familial hypercholesterolemia or atherosclerotic...

GSK Sells 15 Consumer OTC Products to German Pharma Company STADA

by Samantha McGrail

Germany-based pharmaceutical company, Stada, announced it acquired 15 well-established local and regional consumer over-the-counter (OTC) products from GlaxoSmithKline (GSK).  The proposed...

Members of Congress Demand Fair Drug Pricing for COVID-19 Vaccines

by Samantha McGrail

Members of Congress demand accessible, available, and affordable drug pricing for taxpayer-funded coronavirus (COVID-19) vaccines or treatments, according to an official letter from House Democrats to...

Machine Learning Supports Effective Antibiotic Discovery

by Samantha McGrail

With the prevalence of antibiotic resistance rapidly rising, a new study published in Cell is offering a more efficient, cost-efficient strategy for antibiotic discovery using machine learning. There...

Prescription Drug Prices Rose 21% as Utilization Remained Steady

by Samantha McGrail

Prescription drug prices continue to increase due to continued growth in medical service costs and a modest uptick in utilization, according to a recent report from the Health Care Cost Institute...

Pharmaceutical Company Mallinckrodt Sued Over Seizure Drug Cost

by Samantha McGrail

The city of Marietta has filed a class action lawsuit against drug manufacturer Mallinckrodt, claiming the company increased the price for a specific seizure medication by 97,500 percent, according to...

GoodRx Names Top 20 Most Expensive Prescription Drugs in 2020

by Samantha McGrail

According to a GoodRx analysis, Myalept is the most expensive prescription drug in the US in 2020 with a list price of $72,306.  In their yearly analysis, GoodRx researchers broke down the most...

Biogen Triumphs Over Patent Challenge of Multiple Sclerosis Drug

by Samantha McGrail

Biogen recently won an ongoing patent dispute over its multiple sclerosis (MS) drug, Tecfidera, which pulled in nearly $4.4 billion in revenue in 2019, according to a decision from the US Patient and...

Illinois Caps Out-of-Pocket Costs for Insulin at $100 for Insured

by Ana Mulero

Following in Colorado’s footsteps, Illinois became the second state to cap out-of-pocket costs for insulin at $100 for a 30-day supply after Gov. JB Pritzker signed SB 667 into law on January...

FTC, NY Sue to Ban Martin Shkreli From Pharmaceutical Industry

by Ana Mulero

The Federal Trade Commission and the New York Attorney General Letitia James filed a complaint in federal court against Vyera Pharmaceuticals, Martin Shkreli and Kevin Mulleady, seeking to ban the...

GlaxoSmithKline Leads Group Combatting Antimicrobial Resistance

by Ana Mulero

Reliance on just a select few pharmaceutical companies to carry the fight against the growing public health threat that is antimicrobial resistance could be what is holding back real...

GAO Backs Machine Learning in Drug Development

by Ana Mulero

The Government Accountability Office unveiled a report on Tuesday that identifies challenges and opportunities with the use of machine learning throughout the drug development lifecycle.  Machine...

GAO Flags Lack of 340B Drug Discount Program Oversight

by Ana Mulero

Weakness in the oversight of the 340B Drug Discount Program allowed some hospitals to get discounted drugs they were ineligible for, a Government Accountability Office analysis found.  Hospitals,...

250K Docs Using Drug Price Transparency Tools, Benefits Checkers

by Sara Heath

Nearly a quarter of a million providers are using a point-of-care drug price transparency tool and benefits checker when prescribing patients a medication, a considerable step up in recent years,...

How Could Drug Price Proposals Impact Pharma Company Profits?

by Sara Heath

The pharmaceutical industry could lose $1 trillion in overall revenue and still remain as one of the most lucrative industries in the country, according to research conducted in partnership between...

Implications of Value-Based Contracting for Drug Companies

by Jacqueline LaPointe

Industry experts have come to agree that the traditional method for financing the healthcare system is not working. National healthcare expenditures are accelerating at an unsustainable rate, with...

Exploring International Reference Pricing for Pharmaceuticals

by Jacqueline LaPointe

In October 2018, the Trump administration proposed an international reference pricing model to reduce the federal government's spending on prescription drugs. The International Pricing Index (IPI)...