Modeling impact of inflation reduction act price negotiations on new drug pipeline considering differential contributions of large and small biopharmaceutical companies DOI Creative Commons
Gregory Vaughan,

Roger Du,

Fred D. Ledley

et al.

Clinical Trials, Journal Year: 2024, Volume and Issue: unknown

Published: July 24, 2024

Provisions of the Inflation Reduction Act mandating drug price negotiation by Centers for Medicare & Medicaid Services have been criticized as a threat to pharmaceutical innovation. This study models potential impacts on approvals based differential contributions large companies and smaller biotechnology firms clinical trials availability capital.

Language: Английский

High Cost of Chimeric Antigen Receptor T-Cells: Challenges and Solutions DOI Open Access
Edward R. Scheffer Cliff, Amar H. Kelkar, David A. Russler‐Germain

et al.

American Society of Clinical Oncology Educational Book, Journal Year: 2023, Volume and Issue: 43

Published: June 1, 2023

Chimeric antigen receptor (CAR) T-cells are a cellular immunotherapy with remarkable efficacy in treating multiple hematologic malignancies but they associated extremely high prices that are, for many countries, prohibitively expensive. As their use increases both and other indications, large numbers of new therapies developed, novel approaches will be needed to reduce the cost therapy, pay them. We review factors lead CAR offer proposals reform.

Language: Английский

Citations

56

Medicare price negotiation and pharmaceutical innovation following the Inflation Reduction Act DOI
Matthew Vogel, Pragya Kakani, Anchal Chandra

et al.

Nature Biotechnology, Journal Year: 2024, Volume and Issue: unknown

Published: Jan. 31, 2024

Language: Английский

Citations

16

Use of Efficiency Frontiers to Align Prices and Clinical Benefits of Biologic Therapies for Plaque Psoriasis DOI
Alexander C. Egilman, Aaron S. Kesselheim, Jerry Avorn

et al.

JAMA Dermatology, Journal Year: 2024, Volume and Issue: 160(4), P. 409 - 409

Published: Feb. 21, 2024

The US lacks a systematic approach for aligning drug prices with clinical benefit, and traditional cost-effectiveness analysis (CEA) faces political obstacles. efficiency frontier (EF) method offers policymakers an alternative approach.

Language: Английский

Citations

9

The Inflation Reduction Act and Out-of-Pocket Drug Costs for Medicare Beneficiaries With Cardiovascular Disease DOI Creative Commons
Dhruv S. Kazi, Colette DeJong, Randi Chen

et al.

Journal of the American College of Cardiology, Journal Year: 2023, Volume and Issue: 81(21), P. 2103 - 2111

Published: May 1, 2023

Language: Английский

Citations

21

Added Therapeutic Benefit of Top-Selling Brand-name Drugs in Medicare DOI
Alexander C. Egilman, Benjamin N. Rome, Aaron S. Kesselheim

et al.

JAMA, Journal Year: 2023, Volume and Issue: 329(15), P. 1283 - 1283

Published: April 18, 2023

Importance The Inflation Reduction Act of 2022 authorizes Medicare to negotiate prices top-selling drugs based on several factors, including therapeutic benefit compared with existing treatment options. Objective To determine the added 50 brand-name in 2020, as assessed by health technology assessment (HTA) organizations Canada, France, and Germany. Design, Setting, Participants In this cross-sectional study, publicly available ratings, US Food Drug Administration documents, Part B D prescription drug spending dashboards were used single-source 2020 assess their ratings through 2021. Main Outcomes Measures Ratings from HTA bodies Germany categorized high (moderate or greater) low (minor no) benefit. Each was rated its most favorable rating across countries, indications, subpopulations, dosage forms. We use prerebate postrebate (ie, net) between vs Results Forty-nine (98%) received an at least 1 country; 22 36 (61%) a 34 47 France (72%), 17 29 (59%). Across 27 (55%) had rating, accounting for $19.3 billion annual estimated net spending, 35% 11% total 2020. Compared those benefit, more beneficiaries (median 387 149 44 869) lower per beneficiary $992 $32 287). Conclusions Relevance Many national When negotiating these drugs, should ensure they are not priced higher than reasonable alternatives.

Language: Английский

Citations

15

Lessons From Insulin: Policy Prescriptions for Affordable Diabetes and Obesity Medications DOI
Kathryn E. Nagel, Reshma Ramachandran, Kasia J. Lipska

et al.

Diabetes Care, Journal Year: 2024, Volume and Issue: 47(8), P. 1246 - 1256

Published: March 27, 2024

Escalating insulin prices have prompted public scrutiny of the practices drug manufacturers, pharmacy benefit managers, health insurers, and pharmacies involved in production distribution medications. As a result, series policies been proposed or enacted to improve affordability foster greater equity access. These implications for other diabetes obesity therapeutics. Recent legislation, at both state federal level, has capped out-of-pocket payments some patients. Other legislation targeted manufacturers directly requiring rebates on drugs with price increases beyond inflation rates, an approach that may restrain hikes existing In addition, government negotiation pricing, contentious issue, gained traction, Inflation Reduction Act 2022 permitting limited certain high expenditure without generic biosimilar competition, including products However, concerns persist this inadvertently encourage higher launch new Addressing barriers competition also priority such as through increased enforcement against anticompetitive (e.g., “product hopping”) reduced regulatory requirements development market entry. A novel involves production, exemplified by California’s CalRx program, which aims provide insulins significantly prices. Achieving affordable equitable access medications requires multifaceted approach, involving intervention, ongoing policy evaluation refinement, critical examination corporate influences care.

Language: Английский

Citations

4

Estimated discounts generated by Medicare drug negotiation in 2026 DOI
Inmaculada Hernandez, Nico Gabriel,

Sean Dickson

et al.

Journal of Managed Care & Specialty Pharmacy, Journal Year: 2023, Volume and Issue: 29(8), P. 868 - 872

Published: July 31, 2023

BACKGROUND: Starting in 2026, Medicare will be able to negotiate drug prices. Although recent reports have identified the drugs that likely face negotiation, no study has estimated maximum negotiated price according guidance from Centers for and Medicaid Services. OBJECTIVE: To identify 10 expected by 2026. METHODS: We apply peer-reviewed methodology estimate 2020 rebates anticipated compare statutory minimum discounts 2026 savings. RESULTS: The discount stipulated Inflation Reduction Act exceeds 4 of including etanercept, which is subject a 60%, compared with an rebate 39.1%, cancer ibrutinib, palbociclib, enzalutamide, all 25%, 9%, 5.7% 15.0%, respectively. Based on gross spending, required these would generate savings $1.8 billion. CONCLUSIONS: In only negotiation. For most drugs, net prices establish ceiling price. achieve projected Congressional Budget Office ($3.7 billion), fall below established statute. DISCLOSURES: This work was funded West Health Policy Center. Dr Hernandez consulting fees Pfizer Bristol Meyers Squibb, outside submitted work. Following submission this manuscript, Mr Dickson became employee American's Insurance Plans. Plans had role reviewing manuscript. statements, findings, conclusions, views, opinions contained expressed herein are not necessarily those IQVIA Inc. or any its affiliated subsidiary entities.

Language: Английский

Citations

10

Ten‐Year Medicare Use and Spending on the 10 Drugs Selected for Negotiation Under the Inflation Reduction Act DOI Creative Commons
Mohammed Essa, Joseph S. Ross, Sanket S. Dhruva

et al.

Journal of the American Heart Association, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 23, 2025

Language: Английский

Citations

0

Brand-to-brand nonmedical switching among interleukin-17 inhibitors or other biologics: Implications of a formulary change DOI
A. Mark Fendrick,

Manish Mittal,

Yi Peng

et al.

Journal of Managed Care & Specialty Pharmacy, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 8

Published: April 23, 2025

In 2021, a large pharmacy benefit management organization (PBM) changed preferred agents on its national formulary from one branded interleukin (IL)-17 inhibitor (TxA) to another (TxB), prompting nonmedical switch (NMS) for patients using TxA. To evaluate the impact of this change treatment patterns among with psoriasis, psoriatic arthritis, or ankylosing spondylitis. Patients receiving TxA at least 84 days and no other biologic July 2020 December were identified PBM-specific data Symphony Health Analytics database. Two comparator groups established: affected (PBM-1) not (PBM-2) by change. Outcomes (1) changes in monthly fills TxA/TxB (July June 2021; PBM-1 group only), (2) proportion TxA-treated experiencing any medication discontinuation switching (PBM-1 PBM-2 groups), (3) medication-taking behaviors (adherence, discontinuation, switching) continuing vs those that NMS TxB only). Demographics similar (N = 1,703) 462). After (January 2021 2021), prescription decreased 7% while increased 8% group. Compared (PBM-2 group), significantly more completely discontinued (27% 14%). The had higher (P < 0.001) rates (19% 1%) (8% 2%). Following TxB, 0.05) lower adherence (46% 63%) subsequent (14% 6%) absolute (20% 14%) than change, 25% exposed experienced nearly double rate exposed. This unfavorable finding, along nonadherence switching, warrants careful monitoring policy changes.

Language: Английский

Citations

0

False Hope and Fictitious Patents: Evaluating the Intellectual Property of OxyContin DOI
Luke McDonagh

Published: Jan. 1, 2025

Language: Английский

Citations

0