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Wednesday, Mar 22 2017

Full Issue

Patient Groups Losing Faith In Pharma

News outlets report on stories related to pharmaceutical drug pricing.

As far as many patient groups are concerned, the theme song for the pharmaceutical industry should be Joan Jett鈥檚 鈥淏ad Reputation.鈥 For all the criticism that drug makers have endured in recent years, a new survey finds that they are faring worse than ever. Just 38 percent of patient groups thought the pharmaceutical industry had an 鈥渆xcellent鈥 or 鈥済ood鈥 reputation last year, down from almost 45 percent in 2015, according to PatientView, a research firm that canvassed more than 1,400 patient groups from 105 countries. (Silverman, 3/21)

Biopharma, a high-flying industry for most of the past decade, may be coming down to earth. The backlash against steep drug prices has become a rare subject of bipartisan agreement in Washington, D.C. Leading the charge is President Trump, who promised last week that his administration is 鈥済oing to get drug prices so far lower than they are now your head will spin.鈥 (Weisman, 3/19)

The four most recent Food and Drug Administration commissioners are warning Congress that legalizing the importation of drugs from other countries 鈥 an idea that has drawn support from both Bernie Sanders and Donald Trump 鈥 is a risky approach that would endanger consumers by exposing them to fake, substandard and contaminated drugs. (McGinley, 3/17)

Scrutiny of high drug prices constitutes a major investment risk for big pharma. The industry鈥檚 transparency push can help. Eli Lilly released a report Monday that shows the growth of its gross and net prices across its U.S. drug portfolio. They are the third major drug company to release such data this year after Merck & Co. and Johnson & Johnson. The data show that Lilly has raised average gross prices by more than 11% in each of the past five calendar years. (Grant, 3/20)

Abill that would allow the Maryland attorney general to take legal action against generic drug makers for price gouging cleared a significant hurdle on Monday night when the Maryland House of Delegates overwhelming voted to approve the measure. The legislation, which was approved by a vote of 137-to-4, now goes to the state Senate. Specifically, the bill would require the Maryland Medical Assistance Program to notify the attorney general when an 鈥渆ssential鈥 generic drug rises in price by 50 percent or more within the preceding two-year period. (Silverman, 3/21)

David Higginbotham contracted hepatitis C more than 35 years ago. He'd like to rid his body of the virus, but Colorado's Medicaid program says he's not sick enough to justify the cost.聽And he's not alone. (Kodjak, 3/17)

Acholesterol-cutting drug from Amgen succeeded in lowering patients鈥 risk of cardiovascular trouble in a huge clinical trial 鈥 but the results, announced Friday, may not be good enough to prompt insurers to聽cover the expensive drug for millions of patients. Amgen鈥檚 treatment, called Repatha, met its goals in a two-year trial on more than 27,000 patients with heart disease who were already taking a maximum dose of statins like Lipitor and yet still had stubbornly high cholesterol. Those who got Amgen鈥檚 drug were 15 percent less likely to suffer a bad outcome, defined as heart attack, stroke, hospitalization for chest pain, placement of a stent, or death. (Garde, 3/17)

Biogen scored another intellectual property win for its investors聽Tuesday, but growth concerns remain. The U.S. Patent Trial and Appeal Board upheld a key piece of intellectual property on Biogen鈥檚 multiple sclerosis drug Tecfidera, following a hedge fund鈥檚 challenge to its validity.聽Biogen shares rose聽Tuesday聽morning, even as most biotech stocks sold off sharply. (Grant, 3/21)

With prescription drug prices soaring and President Donald Trump vowing to take action, an old idea is gaining fresh traction: allowing Americans to buy medicines from foreign pharmacies at far lower prices. A new bill in Congress to allow the practice would modify previous safety standards and remove a barrier that proved insurmountable in past attempts to enable progress. (Bluth, 3/22)

Hoping to deflect criticism of its pricing, Eli Lilly released data showing that rebates and discounts paid to middlemen are increasingly reducing the list prices charged for its drugs. (Silverman, 3/20)

Rising drug prices are one of the biggest challenges in health care in the United States. More people are using prescription drugs on a regular basis, and the costs of specialty drugs are rising faster than inflation. President Donald Trump has promised over and over again to drive down drug prices. ... But Trump already has a weapon he could deploy to cut the prices of at least some expensive medications. (Kodjak, 3/16)

How do insurance companies decide what medicines to pay for and when to pay for them? Insurers and other payers look first at how well the drug works 鈥 not its cost 鈥 when they decide whether to cover the latest treatments, according to the nation鈥檚 largest pharmacy benefits manager, Express Scripts. The price patients eventually pay gets determined later, when an insurance company or pharmacy benefits manager decides where a drug fits on a list of covered treatments called a formulary. (Murphy, 3/17)

Laura Ries was moved to action when she saw a TV commercial that portrayed a woman enjoying time with her grandchildren after taking Lyrica, a prescription medication for diabetic nerve pain. Ries鈥 elderly mother suffered from just that problem. 鈥淭he ad showed someone who was enjoying life again,鈥 said Ries, president of a marketing strategy firm in Atlanta, who then researched the drug and spoke with her mother鈥檚 doctor. 鈥淭his 鈥 was very relatable to what my mom was experiencing.鈥 (Horovitz and Appleby, 3/20)

Sanofi SA expects its drug sales in China to grow at least 10% this year, helped by its push outside cities and efforts to tailor medicines to suit local needs, senior executives said. Sales in China last year exceeded 鈧2 billion ($2.15 billion), making it the French company鈥檚 third-largest market after the U.S. and France. Drugs accounted for 鈧1.8 billion, with the rest from vaccines and consumer health products. (Rana, 3/21)

When Tami Haught was diagnosed with HIV, she was one day shy of her 25th birthday. The diagnosis did not come as a shock since doctors had determined her fianc茅 was dying of AIDS several weeks earlier. In the two decades since, Haught, 48, has turned to expensive prescription drugs to keep the deadly infection in check. In 2005, she began receiving help purchasing her medications through the AIDS Drug Assistance Program (ADAP), a federally funded network of programs in each state that assist low-income HIV and AIDS patients. Since the Affordable Care Act was implemented, ADAP instead has helped her buy an insurance policy to聽cover a wide assortment of her health care needs. (Heredia Rodriguez, 3/21)

In response to anger from drug makers, the Food and Drug Administration delayed implementing a final rule until next year that would give the agency greater leeway to police off-label marketing. The move comes three weeks after the pharmaceutical industry filed a petition urging the agency to postpone the rule over concerns it would harm public health and chill 鈥渧aluable scientific speech.鈥 As we noted previously, the rule says drug makers must update product labeling if there is evidence indicating a company intended its medicine to be used off-label, or for an unapproved use. (Silverman, 3/17)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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