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News and Reports
The Financial Times: Celgene to Partner Jounce in Battle Against Cancer
May 1 David Crow Celgene, the acquisitive US biotech company, has signed a deal worth up to $2.6bn with a cancer start-up to develop a new generation of drugs that try to turn the body into a weapon against tumours. The partnership with privately owned Jounce Therapeutics is the latest in a flurry of bets […]
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Politico Pro: Trump Could Turn to Drug Prices After Obamacare Defeat
March 31 Sarah Karlin-Smith Pharma stayed out of the bruising fight over Obamacare repeal, but the bill’s demise could turn into the industry’s worst nightmare: a big bipartisan fight over drug prices, with President Donald Trump leading the charge. Trump, who has repeatedly promised action on drug prices, is looking for a policy win after […]
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Forbes: A Patient's Optimistic Call For Bipartisan Drug-Pricing Reform
March 27,2017 David Mitchell With our nation’s fight over the Affordable Care Act in the rear-view mirror, it’s time for Donald Trump and Congress to focus on a genuinely bipartisan issue: drug prices. According to the Kaiser Family Foundation, 8 in 10 Americans want to allow the government to negotiate prices for people on Medicare. […]
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Kaiser Health News: "As Drug Costs Soar, People Delay Or Skip Cancer Treatments"
March 15,2017 Liz Szabo John Krahne received alarming news from his doctor last December. His brain tumors were stable, but his lung tumors had grown noticeably larger. The doctor recommended a drug called Alecensa, which sells for more than $159,000 a year. Medicare would charge Krahne a $3,200 copay in December, then another $3,200 in […]
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Health Affairs Blog: "R&D Costs For Pharmaceutical Companies Do Not Explain Elevated US Drug Prices"
Summary from P4AD: New research debunks the claim that drug corporations must charge U.S. patients high prices to fund new drugs. The research from doctors at Memorial Sloan Kettering Cancer Center is clear: Drug corporations could cut U.S. prices significantly and still cover the full cost the companies claim for research for the entire world. […]
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Morning Consult: “How Patients Will Take on the Rigged System for Drug Pricing"
March 6, 2017 David Mitchell Every Tuesday for the past nine weeks, I’ve sat in an infusion room for four-and-half hours receiving drugs that cost $13,000. It’s going to be every other Tuesday for the next 14 weeks. Total value of the deal — $208,000. I am very grateful for these drugs. I relapsed months […]
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Blooomberg: “Drug Costs Too High? Fire the Middleman"
March 3, 2017 Neil Weinberg and Robert Langreth A decade ago, Caterpillar Inc. looked at its employee drug plan and sensed that money was evaporating. The bills for pills had increased inexorably, so the company started to rein in its pharmacy benefit manager, or PBM. The managers are middlemen with murky incentives behind their decisions […]
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New York Times: “More Than 80 Percent of Patient Groups Accept Drug Industry Funds, Study Shows"
March 1, 2017 Katie Thomas The nation’s largest patient advocacy groups are on the front lines of some of the biggest health care debates, from the soaring costs of prescription drugs to whether new medicines are being approved quickly enough. But while their voices carry weight because they represent the interests of sick patients, a […]