The cost regulator for England and Wales has not recommending paying for Biogen’s (Nasdaq: BIIB) Spinraza (nusinersen) on the National Health Service (NHS) in draft guidance published on Tuesday.
Uncertainties over the long-term effectiveness and the ‘extremely high cost’ are cited by the National Institute for Health and Care Excellence (NICE) as the reasons for its stance on the drug’s usage for spinal muscular atrophy (SMA), a rare genetic disorder.
The NICE committee concluded that, based on its list price, the cost-effectiveness estimates for Spinraza ranged between £400,000 ($509,000) and £600,000 per year of quality adjusted life gained.
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