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Innovation Pharmaceuticals IPIX
(Total Views: 266)
Posted On: 06/25/2018 9:43:13 AM
Post# of 72446
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Posted By: Drano
Vertex charging $272k/year for a cystic fibrosis drug that doesn't work very well. They made 1.3 Billion on it last year.

No worries though, they have a new drug that works slightly better. They're going to charge $292,000/year for it.

Warning: this is a NY Times article so if you read it, you'll use up one of your 10 free articles per month.
Quote:
Lora Moser, 40, is covered by Medicare because she is disabled, and said she had to stop taking Orkambi in January because she could not afford the first month’s payment of more than $3,000 required by her insurer, Humana. A spokeswoman for Humana said that for high-cost drugs like Orkambi, the insurer helps patients identify outside assistance programs to cover out-of-pocket costs.



https://www.nytimes.com/2018/06/24/health/dru...-york.html

As an aside, this is why I would never get health insurance from a for-profit company like Humana.













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