Free Newsletter
| Get the pharma industry's daily monitor, with a special focus on pharmaceutical company news and the market development of FDA approved products. Sign up for free today! |
Roche cuts Tarceva price for U.K.
Need more evidence that the U.K. is playing hardball on drug prices? Here it is: The National Institute for Health and Clinical Excellence agreed to pay for Roche's lung cancer med Tarceva--if and only if the drugmaker matched the price of an older, less costly remedy.
NICE had calculated that Tarceva was $3,700 more expensive than the Sanofi-Aventis treatment Taxotere. Roche proposed the discount, and NICE accepted; now, the drug-price watchdog will recommend Tarceva as an alternative to Taxotere in patients whose chemo has failed. Patients and their doctors will decide which drug to use.
Expensive cancer meds have become an explosive issue in the U.K. As NICE has taken a hard line on cost-benefit analysis, patients and advocacy groups have been demanding greater access to new, potentially life-saving or life-extending treatments. For example, NICE recently nixed four kidney cancer drugs--Roche's Avastin, Bayer's Nexavar, Pfizer's Sutent, and Wyeth's Torisel--saying they're not effective enough to warrant the big price tag. Patient groups were outraged. Then, last week, the government suggested that drugmakers should discount their prices if they want these costly meds to be adopted.
Apparently Roche took that advice. Will other drugmakers follow suit?
- read the story in the Wall Street Journal
- check out the WSJ Health Blog post
Related Articles:
Does NICE want pricing power?
Costly cancer meds put NHS in quandary
NICE rejects Roche's Tarceva as too costly
UK politicians: Pay for drug performance
Roche, NICE in Avastin data standoff
More NICE debate over cancer meds
Calls for price cuts on cancer meds
Comments
Post new comment
Paid Research Reports
- RNA therapy: the next big thing after monoclonal antibodies?
- Biotech M&A Strategies: Deal assessments, trends and future prospects
- The Dermatology Market Outlook to 2013: Competitive landscape, pipeline analysis and growth opportunities
- Pipeline Insight: Cancer Overview - Breast, Gynecological, Genitourinary - Diverse drugs approaching the market for many tumor t
- Sales Force Effectiveness
- Forecast Model: Antidyslipidemics - Genericization and negative trial data drive market shrinkage


