ICER and BMS continue to differ on mavacamten stance

17 November 2021
bristol_myers_large

The USA's Institute for Clinical and Economic Review (ICER) has published a Final Evidence Report assessing the comparative clinical effectiveness and value of mavacamten, a drug being developed for hypertrophic cardiomyopathy (HCM).

Mavacamten was acquired in last year’s $13.1 billion buy of MyoKardia by Bristol Myers Squibb (NYSE: BMY), and the US pharma major has already objected to the ICER’s assessment of the drug’s value.

"Additional safety data are needed"In a report published in October 2021, the  ICER said that a fair price for the drug in the USA would be between $12,000 and $15,000 per year, according to its estimates. This is significantly lower than the $75,000 annual price that some industry analysts have forecasted.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology