A potent heart drug’s price cut may be a blueprint

Bloomberg

27 October 2018 - Slashing the cost of a novel cholesterol drug points a way toward fixing a warped pricing system.

It was a big week for health care, with President Donald Trump’s ambitious new plan to lower drug costs taking centre stage. But there was another big development on the drug-pricing front that may be just as significant.

On Wednesday, Amgen reduced the $14,500 list price of its potential blockbuster cholesterol medicine Repatha by 60%.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing