Drug Pricing: Page 8


  • Xavier Becerra, nominee for HHS secretary, answers questions before the Senate Finance Committee.
    Image attribution tooltip
    Retrieved from C-SPAN on February 24, 2021
    Image attribution tooltip

    Becerra confirmed as HHS secretary

    The 50-49 vote in the Senate was almost entirely along party lines. The only Republican to cross the aisle was Sen. Susan Collins of Maine.

    By Shannon Muchmore • March 18, 2021
  • A picture of the exterior of the US Department of Health and Human Services. In front of the building is a black sign designating the building's name.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip

    The top drugs that could be impacted by an obscure provision in the pandemic relief law

    Elimination of the so-called penny rule in Medicaid could force drugmakers to pay larger rebates on a number of top medicines, including some HIV, diabetes and anti-inflammatory drugs.

    By March 12, 2021
  • Countering payers, drugmakers say net prices declined in 2020

    Reports from three large pharmaceutical companies indicate increasing rebate payments and discounts to insurers more than offset the average price increases they took on their medicines.

    By March 5, 2021
  • California Attorney General Xavier Becerra, President Joe Biden's nominee for HHS secretary, at his confirmation hearing before the Senate health committee.
    Image attribution tooltip
    Retrieved from C-SPAN on February 23, 2021
    Image attribution tooltip

    HHS nominee Becerra backs price transparency, hospital competition at first Senate hearing

    President Joe Biden's pick for HHS chief will testify Wednesday in front of the finance committee, which will vote on sending the nomination to the full Senate.

    By Shannon Muchmore • Feb. 24, 2021
  • As COVID-19 becomes a business, vaccine makers confront thorny pricing questions

    Yearly vaccinations could be required after the pandemic ebbs. Will drugmakers change how they approach pricing their shots?

    By Feb. 9, 2021
  • Image attribution tooltip
    Novartis
    Image attribution tooltip

    Pricing challenge looms for Novartis as cholesterol drug's US fate remains unclear

    Pricing inclisiran roughly on par with injectable medicines Repatha and Praluent would be cost-effective, an ICER analysis found. But the FDA recently delayed a decision on the Novartis therapy, leaving it in regulatory limbo. 

    By Jan. 22, 2021
  • Image attribution tooltip
    AbbVie
    Image attribution tooltip

    AbbVie, Biogen lead pharma in new year's drug price hikes

    Average list price increases across the drug industry, however, appear lower than last year, according to one analysis. 

    By Jan. 4, 2021
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Trump administration finalizes policy on 'value-based' drug deals

    The agency argues the final rule, which takes effect in 2022, will help encourage more reimbursement arrangements that link payment to clinical outcomes.

    By Rebecca Pifer • Dec. 22, 2020
  • President Donald J. Trump listens as Vice President Mike Pence addresses his remarks during an update on the nation’s COVID-19 Coronavirus testing strategy Monday, Sept. 28, 2020, in the Rose Garden o
    Image attribution tooltip
    Craighead, Shealah. (2020). "White House Update on Coronavirus Testing" [Photograph]. Retrieved from Flickr.
    Image attribution tooltip

    Trump administration pushes last-ditch plans to lower drug prices

    The White House advanced a new plan to tie Medicare drug payments to prices paid abroad, and revived a once-abandoned proposal to end certain rebates.

    By , Nov. 20, 2020
  • An illustration depicting the 2020 Election between President Donald Trump and former VP Joe Biden.
    Image attribution tooltip

    Photography by Gage Skidmore / Photo Illustration by Kendall Davis / Industry Dive

    Image attribution tooltip

    In 2020 election, an uncertain fate for drug price controls

    Three election scenarios could lead to different outcomes for the long-running effort to rein in drug costs. Here's how some analysts think each could play out.

    By Nov. 3, 2020
  • Image attribution tooltip
    Courtesy of Bristol-Myers Squibb
    Image attribution tooltip

    Sales targets and bonuses drove Celgene, Teva drug price hikes, lawmakers charge

    An 18-month investigation by the House Oversight Committee targeted the pricing practices behind the top-selling drugs Revlimid and Copaxone. 

    By Oct. 1, 2020
  • President Trump meets with the Coronavirus Task Force on March 2, 2020
    Image attribution tooltip
    Boghosian, Joyce. (2020). "President Trump meets with the Coronavirus Task Force" [Photograph]. Retrieved from Flickr.
    Image attribution tooltip

    Trump forges ahead with drug import plan, but impact in doubt

    Under the proposed plan, states would be permitted to import lower-priced products from Canada and drugmakers from around the globe. But participation is uncertain, as is the plan's effect on drug prices.

    By Sept. 25, 2020
  • Image attribution tooltip
    White House
    Image attribution tooltip

    Trump releases long-awaited drug price order, but effects are likely far off

    The White House disclosed details of an order to cut Medicare prices to international rates. But the proposed plan will be difficult to carry out and could take months to enact.

    By Sept. 14, 2020
  • Image attribution tooltip
    AbbVie
    Image attribution tooltip

    House committee to subpoena AbbVie over drug pricing

    Democratic lawmakers have been unhappy with AbbVie's response to an ongoing drug pricing probe, and are now demanding the drugmaker turn over more information.

    By Kristin Jensen • Updated Sept. 3, 2020
  • BioMarin's hemophilia gene therapy could have warranted a record price tag, ICER finds

    A draft report from the drug pricing watchdog concluded that, under the right conditions, Roctavian may be cost-effective at a price of $2.5 million.

    By Aug. 28, 2020
  • Image attribution tooltip
    Permission granted by Veradigm
    Image attribution tooltip
    Sponsored by Veradigm

    The cost of medication: A critical provider/patient dialogue

    Read a discussion with a Pharmacist and M.D. about how to overcome obstacles related to medication affordability

    Aug. 20, 2020
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Mylan launches copy of Biogen's top drug despite ongoing court battle

    Mylan's launch of a generic copy of the multiple sclerosis drug Tecfidera comes earlier than expected, and risks a court siding with Biogen on a key patent.

    By Aug. 19, 2020
  • Image attribution tooltip
    Moderna
    Image attribution tooltip

    Moderna gets $1.5B from US for coronavirus vaccine supply

    The U.S. has already invested heavily in Moderna's shot, having previously committed $1 billion to fund clinical trials and manufacturing scale-up. 

    By Aug. 11, 2020
  • Image attribution tooltip
    Moderna
    Image attribution tooltip

    Moderna sets high price in early coronavirus vaccine supply deals

    Early preorders for small quantities of Moderna's shot set a price per dose of $32 to $37, although the biotech plans to charge less in larger agreements.

    By Aug. 5, 2020
  • Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Bausch Health to pay $45M to settle US charges over Valeant-era accounting

    The agreement comes four years after an accounting scandal led to the unraveling of then-Valeant's image as a new breed of drugmaker.

    By Aug. 3, 2020
  • Visual inspection process for investigational remdesivir, photo by Gilead Sciences
    Image attribution tooltip
    Permission granted by Gilead Sciences
    Image attribution tooltip

    Europe secures supply of Gilead's COVID-19 drug remdesivir

    For about $75 million, the European Commission will secure enough doses of the in-demand drug to treat 30,000 patients. 

    By Kristin Jensen • July 29, 2020
  • President Donald J. Trump, joined by Vice President Mike Pence and members of the White House Coronavirus Task Force, delivers remarks at a coronavirus (COVID-19) press briefing Friday, March 20, 2020
    Image attribution tooltip
    Retrieved from Flickr.
    Image attribution tooltip

    Trump invites high-stakes showdown with big pharma as election looms

    Industry officials refused to attend a White House meeting called after Trump announced executive orders meant to revive several drug pricing proposals

    By Updated July 28, 2020
  • Image attribution tooltip
    Courtesy of EQRx
    Image attribution tooltip

    EQRx, gearing up for a price war with big pharma, buys two cancer drugs

    The unusual startup aims to speed potential rivals to blockbuster medicines Ibrance and Tagrisso to market and price them at a "small fraction" of the cost, CEO Alexis Borisy told BioPharma Dive.

    By July 23, 2020
  • A Regeneron sign in front of a building.
    Image attribution tooltip
    Courtesy of Regeneron Pharmaceuticals
    Image attribution tooltip

    Federal government accuses Regeneron of kickback scheme for top-selling drug

    In a lawsuit, the U.S. attorney's office in Boston alleged Regeneron used a charity as a "conduit" to cover patient co-pays for its eye drug Eylea.

    By June 24, 2020
  • Unloading filled vials of investigational remdesivir, photo by GIlead Sciences
    Image attribution tooltip
    Permission granted by Gilead Sciences
    Image attribution tooltip

    Price for Gilead's COVID-19 drug should shrink if cheap steroid widely used, ICER says

    The drug pricing watchdog calculated a lower cost-effective price for remdesivir if dexamethasone, newly shown to help the sickest COVID-19 patients live, becomes standard of care.

    By June 24, 2020