Doctors Tried To Lower $148K Cancer Drug Cost; Makers Tripled Its Price (arstechnica.com)
Slashdot reader Applehu Akbar writes: Imbruvica, a compound that treats white blood cell cancers, has until now been a bargain at $148,000 per year. Until now, doctors have been able to optimize dosage for each patient by prescribing up to four small-dose pills of it per day.
But after results from a recent small pilot trial indicated that smaller doses would for most patients work as well as the large ones, its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size. This has the effect of tripling the price for patients, and doctors have now put off any plans for further testing of lower dosages.
The researchers are retaliating by urging clinical investigators to test whether the expensive pill could be safely given every other day -- and by calling on America's public health regulators to investigate the drug's pricing.
But after results from a recent small pilot trial indicated that smaller doses would for most patients work as well as the large ones, its manufacturer, Janssen and Pharmacyclics, has decided on the basis of the doctors' interest in smaller dosages to reprice all sizes of the drug to the price of the largest size. This has the effect of tripling the price for patients, and doctors have now put off any plans for further testing of lower dosages.
The researchers are retaliating by urging clinical investigators to test whether the expensive pill could be safely given every other day -- and by calling on America's public health regulators to investigate the drug's pricing.
...come into effect, expect wailing, moaning and cries of "How could it have come to this?!?". Well, dumb-asses, you just HAD to grab that extra dollar just because you could, right? Payback will be a bitch if we ever wake up in this country.
Why do all your unidiots make such a big deal about that guy? Why should he be held accountable any more than anyone else? What he did is EXACTLY what the big companies do every fucking day... and they do even worse. He was just the sacrificial lamb to throw on the fire, instead of the actual real big guys. In fact, he was flat out honest about what he was doing. The fuckers who marked those Eli pens up a thousand percent or whatever got away with that shit basically... because they weren’t a little guy like him.
Frankly, he wasn’t even all that terrible. He just got shat on hard, so it would keep people’s attention off the huge companies. But all people see is the biased head
Ines and hurr-durr their way around the subject without actually listening to what’s going on.
Except it's not the free market, because this only happens due to a government granted monopoly on the drug formulation (i.e. the patents).
Check the bolded portion below:
He absolutely is that bad and he's a total ass besides. He deserved all that he got and more.
Unfortunately and most telling, none of what he got was for his shenanigans with drug prices. He got away scott-free for that.
Most drugs have a bunch of patents, including ones for the active ingredient, the delivery mechanism, the coating, etc. The patents will have staggered expiration dates, which can maximize the time a drug remains on patent. Albuterol inhalers, for example, which used to be generic until they were reformulated to be ozone safe, has 4 US patents for one particular formulation (ProAir). That helps keep this 40 year old drug at $57-$70 an inhaler. Somehow, back when it was generic, it was $4 an inhaler. Albuterol was supposed to be going generic again any minute now for the past 2-3 years, but it's still hung up in court —all for a drug that probably ought to be over-the-counter. IMHO.
I'd rather die from cancer than give those motherfuckers a penny. Besides, who wants to live in a world like this anyway?
I mean seriously- shooters kill over their youtube account being demonetized.
What about you dying?
What about your parent dying?
What about your child dying?
When is someone going to track down the people or corporation increasing the price?
It seems inevitable.
She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.