US advocacy group The Institute for Patient Access (IfPA) has criticized insurers for denying coverage for advanced cholesterol-lowering drugs known as PCSK9 inhibitors.
The market for drugs of this type is currently led by Repatha (evolocumab) from US biotech Amgen (Nasdaq: AMGN) and Praluent (alirocumab) from Regeneron (Nasdaq: REGN) and Sanofi (Euronext: SAN).
The IfPA released data from the 12 months up to July 2016, showing that out of 80,775 claims, there were a total of 34,459 rejections, or 43%.
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