The US Institute for Clinical and Economic Review (ICER) has issued a report into the cost effectiveness of Johnson & Johnson’s (NYSE: JNJ) novel depression therapy Spravato (esketamine).
The ICER says that a fair value-based price benchmark for Spravato would be between $17,700 and $25,200. J&J is currently listing the product at $32,400.
The final report from ICER comes after a provisional evidence document which outlined the cost-effectiveness watchdog's concerns over pricing.
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