CBO, CMS Say Pelosi Drug Pricing Plan Will Reduce Spending, but Long-term Impact Unclear
October 14th 2019No matter which piece of a Congressional Budget Office (CBO) report or a similar one from CMS actuary that observers seize on, both documents indicate that HR 3, the Lower Drug Costs Now Act of 2019, would save federal spending and improve health, at least in the short term, and also have a dramatic impact on the prescription drug industry.
California Governor Signs Law Barring Pay-for-Delay Agreements
October 11th 2019The bill prohibits these agreements between brand name and generic drug manufacturers by making them presumptively anticompetitive if the nonreference drug maker receives anything of value from the other company. The bill would make violating these provisions punishable by civil penalty.
Nonprofits, Flush With Pharma Donations, Voice Criticisms of Drug Pricing Bill, Report Says
October 10th 2019Major drug companies poured hundreds of millions of dollars into nonprofit patient advocacy groups last year, as a fight over federal legislation to curb rising pharmaceutical prices is underway, Bloomberg Government reports.
Anti-TNF Therapies Reduce Alzheimer Risk in RA, Psoriasis, Early Study Says
October 9th 2019A recent preliminary study examined whether adults treated with anti–tumor necrosis factor agents (anti-TNFs) had reduced the risk of Alzheimer disease, and found that patients with rheumatoid arthritis (RA) and psoriasis who were treated with anti-TNFs had a lower risk of developing the incurable neurocognitive disorder.
Price Transparency to Lower Spending: Difficult but Possible, Authors Say
October 4th 2019There are some health policy experts who believe that price transparency will work to bring down healthcare spending. In a recent article in JAMA, Gilbert Benavidez, MPH, and Austin Frakt, PhD, say that the notion has rarely worked, but they suggest there are 2 ways that it might.
AARP, HHS File Briefs in DTC Case Over Drug Prices
October 2nd 2019The case over whether drugmakers can be compelled to disclose pharmaceutical prices in direct-to-consumer (DTC) television advertisements continues in the US Court of Appeals for the District of Columbia, with HHS appealing and AARP and the AARP Foundation filing an amicus brief this week in Merck & Co. Inc. et al v US Department of Health and Human Services et al.
COA Issues Policy Statement on Step Therapy in Cancer Care
October 1st 2019Step therapy, which requires that patients try the payer’s preferred treatment before the one a physician recommends, jeopardizes the health of patients with cancer by delaying treatment and creating unnecessary barriers, according to a recent position statement from the Community Oncology Alliance (COA).
Two Studies Report Results of Vedolizumab, Adalimumab, Ustekinumab for Ulcerative Colitis
September 26th 2019A pair of studies appearing in The New England Journal of Medicine report on 2 separate studies of biologics in patients with moderate-to-severe ulcerative colitis: One study confirms top-line results seen earlier this year in a head-to-head study of vedolizumab and adalimumab, and the other reports on the results of a single intravenous infusion of ustekinumab followed by subcutaneous maintenance injections.
As Pelosi Drug Pricing Plan Unfolds, AARP Report Shows 12 Straight Years of Rising Costs
September 20th 2019On the same day that House Speaker Nancy Pelosi, D-California, unveiled her plan to lower drug prices by giving the United States the ability for Medicare to negotiate certain drug prices and seek rebates from drug makers if their prices soar above inflation, a new AARP report shows that retail prices in 2017 were 2.1% above the general inflation rate and marked 12 straight years of price increases.
Premier Executive Discusses Latest Drug Inflation Report, Value-Based Contracts
September 18th 2019Premier, Inc. recently released updated inflation estimates for contracted and non-contracted pharmaceutical pricing for fiscal year 2020 and said most of the overall pharmaceutical inflation comes from new drugs (2.8%), including cellular and gene therapies.
AHIP Report Cites Reference Biologics as Examples of Orphan Drug Gaming
September 17th 2019While acknowledging the role that the Orphan Drug Act had in incentivizing drug companies to develop treatments for small populations suffering from rare diseases, America’s Health Insurance Plans (AHIP) says pharmaceutical companies are using orphan drug status to create blockbuster drugs that are then used to treat other common medical conditions.
Draft Pelosi Plan Targets Drugs Lacking Biosimilar or Generic Option
September 12th 2019While chances of her leaked plan to force lower drug prices in the United States getting through the Republican-controlled Senate are extremely small, House Speaker Nancy Pelosi, D-California, put biosimilars, including insulins, into the national conversation this week.
Organizations Ask Congress to Pass Bill Curbing Prior Authorization in Medicare Advantage Plans
September 11th 2019National and state patient, physician, and healthcare professional organizations—370 in all—are asking Congress to pass a bipartisan bill aimed at curtailing prior authorization requirements in Medicare Advantage, saying that they needlessly delay or deny access to medically necessary care.
Giving Specialty Drugs Outside Hospital Settings Could Save $4 Billion Annually, Report Says
September 9th 2019A new report released Monday by UnitedHealth Group finds that administering specialty drugs—which are typically injected or infused—in homes or in independent physician offices instead of hospitals could save as much as $4 billion each year.
IBI303 Therapeutically Equivalent to Reference Adalimumab in Ankylosing Spondylitis in Phase 3 Study
August 30th 2019Results of a phase 3 trial of IBI303, a proposed adalimumab biosimilar referencing Humira, showed that it is therapeutically equivalent in terms of efficacy, safety, and immunogenicity to the originator product, according to a study published in the first issue of The Lancet Rheumatology.
Women More Likely Than Men to Ration Diabetes Meds Due to Cost, CDC Says
August 27th 2019Women are more likely than men not to take their diabetes medication as prescribed in an effort to control prescription drug costs, as are adults under age 65, according to a report published this month by the Centers for Disease Control and Prevention (CDC).
Reducing Adjuvant Chemotherapy Dose Too Early May Impact Breast Cancer Survival
August 26th 2019Early dose reductions in the adjuvant chemotherapy combination of 5-fluorouracil, epirubicin, cyclophosphamide, and docetaxel negatively impacted survival rates for patients with intermediate- or high-risk breast cancer.
Ibrutinib, Rituximab for Patients With CLL Superior to Standard Chemoimmunotherapy
August 23rd 2019“These results will fully usher the treatment of chronic lymphocytic leukemia [CLL] into a new era,” said Tait Shanafelt, MD, professor of medicine at Stanford. “It seems likely that, in the future, these patients will be able to forego chemotherapy altogether.”