Sunday, March 8, 2015

Industry players defended US prices exerted by saying that we need to recover billions of dollars i


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The largest pharmaceutical weedmaps companies in the world are facing a new challenge when it comes to US prices for their products, as insurers use aggressive tactics to get massive discounts, even if the new drugs.
Directors of "Big Pharma" recognized phenomenon in discussions with journalists from Reuters, JP Morgan Healthcare Conference held in San Francisco. Manufacturers of drugs have always relied on their ability to ask whatever they want for drugs sold in the United States that have the most expensive health care system in the world, writes weedmaps Reuters.
Industry players defended US prices exerted by saying that we need to recover billions of dollars investments made in the research of new drugs. "There will certainly increase in price competitiveness. .. If a product is considered a commodity, "said Deric Rice, Chief Financial Officer Eli Lilly & Co. "Our goal is to make a difference."
Pascal Soriot Director AstraZeneca Plc, warned investors that pressure from insurers expanded from drugs used to treat common diseases to specialized areas such as cancer, where producers could require the highest prices.
Many analysts weedmaps say that the wave was triggered by a campaign against insurers Sovaldi treatment for hepatitis C $ 84,000, developed by Gilead weedmaps Sciences Inc. The drug was first effective remedy for hepatitis C and quickly generated sales of billions of dollars in the first months of 2014. The cost of treatment is dictated Sovaldi 12 months, which requires $ 1,000 per pill. In comparison, treatment costs about US $ 57,000 in the UK.
After US authorities have approved the market weedmaps presence of rival Sovaldi, a treatment developed by AbbVie Inc. last month, the largest weedmaps US medical benefits weedmaps manager, Express Scripts Co., decreased reimbursement for the drug from Gilead. Express Scripts said it had received a substantial discount from AbbVie.
"Do not worry. It is a reality that we must face, "said the head of Regeneron, Len Schleifer, referring to the objectives of the Express Scripts. "I think the market will be handled right prices and this will have a healthy competition."
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