BMS brands ICER's mavacamten analysis 'premature and inappropriate'

8 October 2021

US drugmaker Bristol Myers Squibb (NYSE: BMY) has hit back at an Institute for Clinical and Economic Review (ICER) assessment on the comparative clinical effectiveness and value of its drug mavacamten for the treatment of hypertrophic cardiomyopathy (HCM).

The ICER’s findings, which the unofficial cost-effectiveness watchdog will discuss at a meeting later this month, said that a fair price for the drug 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.

The comparison has angered BMS.

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