When Is The Price Of A Drug Unjust? The Average Lifetime Earnings Standard

Duaine

Guru
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Over 60 percent of Americans believe that lowering drug prices should be the top health care priority for the federal government.1 Recent public controversies surrounding the drug companies Turing and Valient and the pricing of sofosbuvir, EpiPens, insulin, nusinersen, and ivacaftor attest to deep public concerns over the increasingly high prices of drugs (exhibit 1). Drug costs as a proportion of US medical expenditures have increased with the growth of specialty drugs and substantial price hikes for some existing brand-name and generic drugs.2 For instance, since 2012 the proportion of Medicare spending going to drugs (Part D) has increased from 17 percent to 23 percent.3 Prescription drug spending is expected to increase by an average of 6.3 percent per year through 2025.4 Recently approved drugs have gargantuan prices, some of which exceed $500,000 per treatment. As more specialty drugs are approved and drug prices continue to increase, public concern over the costs of pharmaceuticals is likely to intensify.

https://www.healthaffairs.org/doi/1...4201823&utm_content=drug+costs&utm_source=hat

Exhibit 1 Annual retail prices for specialty drugs and treatments

Generic nameBrand nameDosingDiseaseAnnual retail price
NusinersenaSpinraza4 loading doses of 12 mg, followed by a dose every 4 months for lifeSpinal muscular atrophy$750,000 for year 1, $375,00 for subsequent years
EculizumabbSoliris600 mg/week for 4 weeksParoxysmal nocturnal hemoglobinuria$542,640
Voretigene neparvoveccLuxturnaOne-time treatmentGenetic blindness (RPE65 defect)$500,000 per eye
Chimeric antigen receptor T cell therapyKymriahdOne-time treatmentB-cell acute lymphoblastic leukemia$475,000
Axicabtagene ciloleucelYescartadOne-time treatmentLymphoma$373,000
IvacaftorbKalydeco300 mg/day for duration of lifeCystic fibrosis$368,688
BevacizumabbAvastin10 mg/kg as long as side effects are manageableColorectal cancer$149,893
ImatinibbGleevec400 mg/day until remissionChronic myelogenous leukemia$145,764
IpilimumabbYervoy10 mg/kg every 3 weeks for 4 doses, then every 3 months for 3 yearsMelanoma$143,838
Saprotein dihydrochloridebKuvan5–20 mg/kg daily for lifePhenylkentonuria$113,232
Ledispasvir 90/Sofosbuvir 400HarvonieOne-time treatmentHepatitis C$94,500
SofosbuvirSovaldieOne-time treatmentHepatitis C$84,000
DeflazacortfEmflaza22.75 mg/ml as long as side effects are manageableDuchenne muscular dystrophy$35,000

 
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