Once Disparaged, ‘Me-Too’ Drugs Crucial For Lower Costs Of Cholesterol, Hepatitis C And Cancer Drugs

(By – John LaMattina, Forbes Contributor)

While the high cost of new drugs is worrisome, those responsible for drug benefit plans in the U.S. are especially concerned. When a cure for a hepatitis C drug, Sovaldi, was launched by Gilead at a cost of $84,000 for a 12-week cost of therapy, payers were outraged. Typical was last year’s comment by Ms. Karen Ignagni, the President of America’s Health Insurance Plans, the insurance industry’s trade association: Read more…

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