Morning Briefing
Summaries of health policy coverage from major news organizations
Perspectives: The Social Contract That Keeps The Pharmaceutical Industry Functioning Is In Total Disrepair
The biopharmaceutical industry is under unprecedented assault by the public and politicians. Hostility over launch prices for new drugs and post-launch price increases is broad and bipartisan, reflected in increasingly draconian legislative proposals and aggressive rebate payer negotiations. The net price of drugs 鈥 that鈥檚 the list price minus rebates and other reductions 鈥 is being squeezed, and the pressure won鈥檛 let up. (James C. Robinson, 3/13)
As the coronavirus crisis has unfolded, we鈥檝e seen a聽a flood of announcements from drug companies touting potential聽treatments for the still incurable disease. Many have come from biotechnology companies that have never successfully developed a drug, let alone purpose-built one for an outbreak.聽Regeneron Pharmaceuticals Inc.'s announcement Tuesday聽that its development efforts are ahead of schedule 鈥斅爏o much so that it聽聽may be able to start human trials in early summer 鈥斅爄s an exception that should provoke measured optimism. (Max Nisen, 3/17)
The World Health Organization has declared the novel coronavirus a global pandemic, with more than 118,000 confirmed cases worldwide. As countries brace for the worst, people around the world are looking to the United States for a drug that can prevent or cure the disease. The world is right to put its hope in American scientists. Our country leads the world in drug development and has the best shot at delivering a rapid medical breakthrough. (Sally Pipes, 3/17)
After contracting a virus as a baby, 14-year-old Kaden was diagnosed with Type 1 diabetes.鈥淛ust to keep our buddy alive, it鈥檚 pretty expensive. And it doesn鈥檛 need to be. It shouldn鈥檛 have to be this way,鈥 said Laura Finch, Kaden鈥檚 mom. But families like the Finches are getting a little help from Utah legislators, with Tuesday鈥檚 unanimous Senate passage of a bill to make insulin more accessible. (Imlay, 3/10)