The US Institute for Clinical and Economic Review (ICER) has run the rule over an AbbVie (NYSE: ABBV) drug that is predicted to be a blockbuster by 2022.
AbbVie’s New Drug Application (NDA) for elagolix in endometriosis-associated pain is currently under review by the US Food and Drug Administration (FDA).
"Only about 26% of women with endometriosis-related pain could be treated before spending crossed ICER’s potential budget impact threshold of $915 million per year."
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