ICER estimates offer warning over NASH drug prices

26 May 2023
liver_large

The Institute for Clinical and Economic Review (ICER) has released a Final Evidence Report assessing the comparative clinical effectiveness and value of Madrigal Pharmaceuticals’ (Nasda: MDGL) resmetirom and Intercept Pharmaceuticals’ (Nasdaq: ICPT) Ocaliva (obeticholic acid) for non-alcoholic steatohepatitis (NASH).

Both products are not yet approved by the US Food and Drug Administration (FDA), and the manufacturers have not yet announced what the US prices will be if they are approved.

ICER has calculated a health-benefit price benchmark (HBPB) for resmetirom to be between $39,600 and $50,100 per year, and for obeticholic acid of between $32,600 and $40,400 per year.

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