Cancer drugs may start the next drug price wars

Bloomberg

27 June 2016 - This could be the most exciting time in cancer-research history; previously deadly diseases may be survivable for some patients. But there’s a cost.

The first approved combination of immune-oncology drugs -- immunity-boosting medicines that can produce spectacular results -- is priced at an incredible $256,000 a year in the U.S. Discounts and rebates usually cut the actual prices people pay for such drugs. But cancer drugs often aren’t discounted as much as other medicines. Even with discounts, the U.S. pays far more for cancer drugs than other countries. A wave of new medicines will likely make the price divide between the U.S and the rest of the world even worse, and may make cancer the center of the next big drug-pricing fights.

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Michael Wonder

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Michael Wonder

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Cancer , Medicine , US , Pricing