While discount cards can
assist patients in covering out-of-pocket expenses, their use by drug
manufacturers to steer users to more expensive drugs ultimately drives up costs
in the healthcare system. Many coupons and discount cards are targeted at
expensive brand name medications; while they allow the patient to afford their
established copay, the insurer is paying the balances of a significantly more
expensive drug than the generic or preferred brand – oftentimes, leading to
higher premiums the following years. Further, these discounts are usually
limited to a certain number of fills or restricted timeline and cannot be used by
patients in federal health plans.
Read Drug Discovery & Development's article on it here.
Monday, September 26, 2016
Friday, September 16, 2016
[Medscape Podcast] Biosimilars: Can They Be Trusted?
Podcast summary: The first biosimilars were
released in Europe ten years ago and were based on biologics with fairly simple
structures. As technology and understanding expands, manufacturers are
approaching a more complex set of drugs; some critics worry that, while researchers
are able to easily map the sequence of proteins, the actual structure of a
biosimilar may have slight, undetected variations from its counterpart.
Industry experts, however, are confident that the advancement of the technology
used to compare the chemical makeups is so precise that any undetected
structural error would be too minor to impact the drug’s efficacy or safety.
Additional concerns stem around clinical trial requirements – while the
original biologic required rigorous testing with thousands of people, trials to
prove equivalence (rather than efficacy) are typically much smaller in nature.
On the other hand, equivalence studies are much more affordable, lending this
approach to the cost containment initiatives that make biosimilars attractive in
the first place. Further, regulatory agencies will also likely require
extensive additional evidence of drug similarities, supplementing required
trials, before any approvals are issued.
Hear Medscape's podcast here.
Hear Medscape's podcast here.
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