Japanese drugmaker Chugai Pharmaceutical (TYO: 4519), which is majority owned by Swiss major Roche (ROG: SIX), says that the price listing of Kadcyla (trastuzumab emtansine) Intravenous Infusion 100mg and 160mg on the National Health Insurance (NHI) reimbursement list in November will be postponed.
Kadcyla, developed by Roche, was recently approved by the Japanese Ministry of Health, Labor and Welfare (MHLW) for HER2-positive inoperable or recurrent breast cancer (The Pharma Letter September 20, 2013), and Chugai has been preparing to have the price of Kadcyla listed in November.
Approval in the USA was granted for HER2-positive, late-stage (metastatic) breast cancer early this year (TPL February 25). Analysts estimate the drug could generate annual peak sales of $2 billion to $5 billion, assuming it is used earlier in the disease's progression and for longer periods of time.
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