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UK fines Advanz £100m for raising thyroid drug price tenfold

pharmaphorum

Advanz hiked the price of a pack of liothyronine tablets – used to treat thyroid hormone deficiency – from £20 in 2009 to £248 in 2017, taking advantage of a lack of competition for the drug even though it was out of patent. The post UK fines Advanz £100m for raising thyroid drug price tenfold appeared first on.

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Teva shares slide as it faces illegal kickback charges from US government

pharmaphorum

illegally paid Medicare co-payment costs through purportedly independent charities while at the same time jacking up the price of Copaxone, which had no generic rival at the time. The US government alleges that the payments occurred from 2007 until the end of 2015, to charities called The Assistance Fund (TAF) and Chronic Disease Fund (CDF).

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Gilead pays $97m to resolve US illegal kickback claims

pharmaphorum

Gilead has paid $97 million to resolve claims by US authorities that it acted illegally by using a charitable foundation as a conduit to fund co-payments of thousands of Medicare patients taking its pulmonary arterial hypertension drug, Letairis.

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New Report Provides Key Insights on 15 Years of Duchenne Patient-Reported Data

Putting Patients First Blog

The Duchenne Registry began in 2007, when a group of thought leaders in the Duchenne muscular dystrophy community began discussing the need for a new kind of resource that would connect and serve the needs of the entire community. The average age at loss of ambulation for registrants who never used corticosteroids was 10.5

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Achieving scale up success under economic uncertainty

European Pharmaceutical Review

Market uncertainty Rising operational costs, stiffening competition, ongoing patent expirations, evolving environmental and social governance requirements and increasing pressure on drug prices mean the industry will have to navigate thoughtfully to be successful amid this complicated mix of financial and strategic risks.

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Teva asks SCOTUS to overturn “skinny label” verdict on GSK drug

pharmaphorum

Teva has asked the Supreme Court to look at a judgment in a $235 million patent dispute with GSK that it claims could undermine the ability of generic drugmakers to bring new products to market, and thereby help reduce drug prices. The substance patent expired in 2007.

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Why the drug pricing debate is focused on insulin

pharmaphorum

The organisation noted that the average net cost of these insulin products is 20% lower than in 2007. Unfortunately, the current drug pricing bill fails to take a holistic approach to addressing a system that drives affordability challenges for patients.