Thursday, September 10, 2015

Big Pharma's Foe Takes Victory Lap as Drug Price Increases Slow

Big Pharma's Foe Takes Victory Lap as Drug Price Increases Slow

Robert Langreth
A new analysis shows that attempts by drugmakers to raise prices on their prescription medications are being wiped out in negotiations with managers of drug insurance benefits, led by Paz’s company, Express Scripts Holding Co., and his biggest rival, CVS Health Corp. Express Scripts said Wednesday that Paz will retire in May, making way for the company’s president, Tim Wentworth, to take over....
Express Scripts is increasing its focus on high-priced cancer drugs, Wentworth said, because “the cost of oncology continues to concern our clients greatly.” It’s also looking for ways to drive down prices for hepatitis C drugs further, he said....
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Of Interest
Reducing the cost of new hepatitis C drugs
An index of articles pointing the reader to the current controversy over the high price of Sovaldi, Harvoni (ledipasvir/sofosbuvir) and AbbVie Viekira Pak.

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