Tag Archives: cost

MassBio Releases Statement Following Cost Trends Hearings


MassBio issues this statement, following the Massachusetts’ Health Policy Commission’s (HPC) hearing earlier this week on the cost and value of health care cost trends. BIO stands with MassBio in our commitment to addressing the true cost and value of innovative medical therapies and their place within cost containment efforts across the entire healthcare system today. Innovation in biopharmaceuticals saves lives. It also saves money. Every reduced hospital stay, every surgery avoided, every inoculation can help reduce Read More >

Public Policy  |  Leave a comment  |  Email This Post
Tags: , , , ,

India Compulsory License: A Times of India Article Says It’s Not Helping the Poor


India recently issued a compulsory license on Bayer’s liver and kidney cancer drug (Sorafenib) with the stated goal of providing access to India’s poor. However, the Times of India recently ran the article Cheap generics drugs no panacea for India’s poorest, quickly dispelling this myth: “The compulsory license system might not really work because poor people cannot even afford the discounted price,” said G. Balachandhran, former head of the National Pharmaceutical Pricing Authority (NPPA), India’s drug Read More >

Patently BIOtech  |  Leave a comment  |  Email This Post
Tags: , , , , , , , , , , , , ,