Morning Briefing
Summaries of health policy coverage from major news organizations
Perspectives: Welcome To The Real World Of Prescription Drug Regulation
It is hard to discern the true state of drug regulation from the outside, but two recent decisions by the Food and Drug Administration 鈥 to approve one drug but reject another 鈥 offer a rare glimpse into that world. Exondys 51 and Vyondys 53, both developed by Sarepta Therapeutics (SRPT), are intended to treat a severe form of muscular dystrophy, though in different subgroups of patients. Exondys 51 gained FDA approval in 2016 amid great controversy. Agency officials were divided because evidence of the treatment鈥檚 benefits was especially thin. Its approval came with a condition requiring Sarepta to carry out a post-approval clinical trial to confirm the drug鈥檚 effectiveness. (Matthew Herder, 9/3)
While there are no easy answers, the Drug Enforcement Agency (DEA) database and our聽recent research聽forthcoming at聽Social Science and Medicine聽indicates that there is value in tracking and monitoring banned medicines with detailed nationally representative databases. Perhaps targeted monitoring using anti-counterfeiting technologies will also help, and so will naming and shaming firms using insights from behavioral economics. Another answer might be in setting up a global body that harmonizes enforcement standards across rich and poor countries, as research from聽Amir Attaran and his coauthors聽has indicated. (Chirantan Chatterjee, 8/28)
AB824 is legislation that would bar companies from settling patent disputes for generic medicines by using economic 鈥減ay-for-delay鈥 agreements with the proprietary drug鈥檚 manufacturer. These agreements are between drug makers and generic companies, and they extend the amount of time the drug maker has to provide the sole offering of a drug on the marketplace. (Wendye Robbins, 8/29)
Like many people starting out in the biotech industry, I wanted to make an impact on people鈥檚 lives by developing life-changing therapies. But I鈥檝e become disappointed by what I believe are too many companies pushing mediocre and me-too drugs, also known as copycat drugs, into clinical development where they will likely fail. Clinical trials are more than a way to test new therapies. They offer very sick people hope and a chance for more time with their loved ones. Lately, the drug development process has turned into an exercise in me-tooism 鈥 at patients鈥 expense. It鈥檚 time to shift the focus back to those who matter most. (Gail McIntyre, 9/4)
Take Hong Kong protests, add a dash of Brexit and then stir in the death of brick-and-mortar shopping. It鈥檚 hardly surprising that a savvy investor would want to bail from its stake in A.S. Watson Group, a retailer based in the former British colony with a big U.K. footprint.聽These latest geopolitical flash points have been cited for Temasek Holdings Pte鈥檚聽decision to table the sale of its $3 billion interest in A.S. Watson,聽Bloomberg reporters Manuel Baigorri, Joyce Koh and Vinicy Chan wrote Wednesday. (Nisha Gopalan, 9/4)
CVS Caremark is saving money on drug costs by kicking specific products with high inflation off their formularies. The pharmacy benefit manager (PBM) launched its聽program for 鈥渉yperinflation鈥 drug removals in 2017 in which it will take drugs聽off聽its template聽formulary聽if they have far cheaper equivalents and their high prices aren鈥檛 backed by quality metrics.聽So far, they've identified five drugs to remove as the default option for docs. (Paige Minemyer, 8/29)
According to new state data released by AARP Nebraska, 31% of Nebraskan adults have stopped taking a prescription drug because of rising costs. Americans currently pay at least twice what people in other developed countries pay for the same medicine, and AARP Nebraska is urging its members to lean on the state's congressional delegation. Bob Lassen, AARP Nebraska executive council volunteer, says as drug prices continue to rise, Americans are being forced to make difficult decisions. (Eric Galatas, 9/3)
For decades, big drug companies have raised drug prices while thousands of people in Delaware are struggling to make ends meet. Between 2012 and 2017, the average annual cost of brand name prescription drug treatment in our state has increased 58%, while the annual income for Delawareans increased only about 9 percent. Prescription drugs don鈥檛 work if patients can鈥檛 afford them. That鈥檚 why Congress needs to pass the Prescription Drug Pricing Reduction Act. It鈥檚 time. (Lucretia Young, 9/2)