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The current pharma business model is unsustainable

World of DTC Marketing

In pharma, growth depends on new products with hefty price tags when over 80% of voters want lower costs for their prescription drugs. Biogen’s failure should be a warning to other pharma companies. It should be a warning to other pharma companies. Now Biogen is a shell of a company selling off assets to survive.

Pharma 210
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The financial toxicity of treating cancer

World of DTC Marketing

In 2014, cancer patients paid $4 billion out-of-pocket for cancer treatment. These cost estimates include cancer-attributable costs for medical services and oral prescription drugs. Pharma companies are aware that insurers will rarely say no to new cancer therapies, but increased scrutinization of early approvals is on the horizon.

Insurance 273
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Pharma says VPAS clawback jeopardises UK sector

pharmaphorum

A pharma industry organisation has warned that record levels of revenue clawback from the UK government is threatening “footprint, R&D and manufacturing investments” in the country. ” The post Pharma says VPAS clawback jeopardises UK sector appeared first on. The increase to 26.5% VPAS tax on top. .”

Pharma 72
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Abiogen Pharma acquires 97.09% stake in EffRx Pharmaceuticals

Pharma Leaders

Italy-based Abiogen Pharma has announced the acquisition of a 97.09% stake in Switzerland-based EffRx Pharmaceuticals. Abiogen Pharma’s business spans across many integrated aspects : research and development, manufacturing of pharmaceuticals under its own brand or third-party contracts, and marketing of its own and licensed drugs.

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It’s time get real with healthcare’s commitment to net zero

pharmaphorum

A study of public tenders for prescription medicines between 2014 and 2019 shows a fall in multi-criteria tenders rewarding “environmental” attributes and an average weighting of only 5% (see Figure 2). This way, we can ensure that every person, as well as every fraction of a degree, will matter in the decades to come.

Medicine 105
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The U.S. health insurance market is undergoing a post-pandemic sea change

Clarivate

Insurance exchanges underwent their largest single-year enrollment growth since their inception in 2014, pushing exchange enrollment to yet another all-time high. Reconnection to coverage is also variable by state, with some states forcing families to re-apply for coverage, a process that can take weeks.

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Relief for Amylyx as FDA clears controversial ALS drug Relyvrio

pharmaphorum

The approval makes Relyvrio (sodium phenylbutyrate and taurursodiol) the first new therapy option for ALS – also known as motor neuron disease (MND) – since Mitsubishi Tanabe Pharma’s intravenous Radicava (edaravone) was cleared by the FDA in 2017. An oral version of edaravone was cleared this year. The organisation contributed $2.2

FDA 98