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Opdivo Reignites the Drug Pricing Discussion
While Sovaldi is still fresh on the mind, Ono Pharmaceutical's Opdivo (nivolumab), marketed jointly with BMS in Japan, has analysts projecting what the treatment might cost in the US.
Ordinarily, a Japanese regulatory ruling on a new drug’s price would merit little more than a passing mention, but this is no ordinary drug; it’s Opdivo, the first representative of the new anti-PD-1 class that represents an oncology revolution.
The ruling was revealed by the Japan ministry on Friday, but — perhaps because it is available only in Japanese – has not been noted by many investors. Opdivo, known generically as nivolumab, has been filed under a rolling US submission, and the Japanese price gives the first hard indication as to whether consensus 2020 revenue of over $6bn is achievable.
Ono Pharmaceuticals, Opdivo’s originator, has negotiated a price of ¥150,200 ($1,459) per 20mg vial of Opvido, and ¥729,849 for 100mg. Opdivo had been approved for treating melanoma in Japan on July 4, and one of Ono’s more interesting analyses equates the above prices to a cost of $64,090 per patient per year in this indication.
Read the complete article: http://bit.ly/1lJZWTr
Source: EP Vantage
Exploring Racial, Ethnic Disparities in Cancer Care Prior Authorization Decisions
October 24th 2024On this episode of Managed Care Cast, we're talking with the author of a study published in the October 2024 issue of The American Journal of Managed Care® that explored prior authorization decisions in cancer care by race and ethnicity for commercially insured patients.
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Uniting to Support Patients With Cancer Beyond Treatment
November 17th 2024Kasey Bond, MPH, of Perlmutter Cancer Center at NYU Langone Health, speaks to why it’s vital to keep patients at the center of all strategic partnerships between academic institutions and community-based oncology practices.
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Examining Low-Value Cancer Care Trends Amidst the COVID-19 Pandemic
April 25th 2024On this episode of Managed Care Cast, we're talking with the authors of a study published in the April 2024 issue of The American Journal of Managed Care® about their findings on the rates of low-value cancer care services throughout the COVID-19 pandemic.
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Bridging Cancer Care Gaps and Overcoming Medical Mistrust
November 13th 2024In this clip from our interview with Oscar B. Lahoud, MD, cochair of our Institute for Value-Based Medicine® evening hosted with NYU Langone Health, he addressed medical mistrust in underrepresented communities.
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How English- and Spanish-Preferring Patients With Cancer Decide on Emergency Care
November 13th 2024Care delivery innovations to help patients with cancer avoid emergency department visits are underused. The authors interviewed English- and Spanish-preferring patients at 2 diverse health systems to understand why.
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