UK reverses negative reimbursement decision for Lilly's Verzenio
The UK’s reimbursement agency has reversed a conditional decision not to recommend funding for the breast cancer therapy Verzenio (abemaciclib) through the country’s national healthcare provider.
Eli Lilly (NYSE: LLY) learned in October last year that the National Institute for Health and Care Excellence (NICE) viewed the CDK 4/6 inhibitor as insufficiently cost-effective to recommend for routine use.
Lilly is going up against Pfizer (NYSE: PFE) and Novartis (NOVN: VX) with their respective treatments Ibrance (palbociclib) and Kisqali (ribociclib), both of which are listed at about £3,000 ($3,860) for a 58 tablet pack in the UK, with undisclosed discounts added.
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