Vertex’ new CF drugs may significantly increase US pharmacy benefit costs; report

13 April 2015
2019_biotech_test_vial_discovery_big

Ground-breaking new cystic fibrosis treatments, that target the gene mutations causing the disease, will significantly increase health care costs in the USA, new research indicates.

This is the finding of new research by pharmacy benefit manager Prime Therapeutics. Cystic fibrosis is a genetic disease affecting multiple organ systems, most importantly the lungs and airways. An estimated 30,000 children and adults in the USA have the disease, which can lead to life-threatening lung infections and the inability to absorb nutrients from food. Some individuals may need a lung transplant because of progressive damage to the lungs.

In 2012, the first treatment to target a specific gene mutation, US biotech firm Vertex’s (Nasdaq: VTX) Kalydeco (ivacaftor) received US Food and Drug Administration approval. Ivacaftor treats a type of gene mutation found in about 4% of people with cystic fibrosis and costs $300,000 per year. A new combination drug – ivacaftor plus lumacaftor – is pending FDA approval for treatment of people aged 12 and older who have the gene mutation found in nearly 50% of people with cystic fibrosis. The price of the new drug is not yet public, but is widely expected to be similar to ivacaftor's price, ie, around $311,000 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