Tag Archives: Health Care

Washington Post: Why Extremely Expensive Drugs Are Often Worth the Cost

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Jason Millman highlights a new study published in Health Affairs showing specialty drugs often provide ‘substantially much higher health benefits than the traditional drugs.’ “Our study suggests that although specialty drugs often have higher costs than traditional drugs, they also tend to confer greater benefits and hence may still offer reasonable value for money,” wrote the researchers at the Boston-based Center for Value and Risk in Health. The study authors judged the drugs’ performance by Read More >

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Health Affairs: 5 Myths about Cancer Care in America

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In the latest issue of Health Affairs, Dana Goldman of the University of Southern California in Los Angeles and Tomas Philipson at the University of Chicago – two of the nation’s leading economists – debunk the most common misconceptions about cancer treatment. They argue that evidence shows that patients value these treatments more highly than what is illustrated through traditional cost-effectiveness analysis. Furthermore, they assert coverage policies that place an undue burden on patients are Read More >

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Cancer drugs save and extend lives

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This week, CBS aired a misleading segment on the cost of innovative cancer therapies. BIO immediately responded by pointing out that the segment completely ignored the value created by these drugs for patients and the healthcare system. “Cancer patients today are able to live longer and enjoy a higher quality of life than ever before thanks to medicines made by biopharmaceutical research companies,” said Jim Greenwood, BIO President and CEO. “Advances in cancer treatment are Read More >

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Mito What???

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Mitochondrial Disease: The Most Common Disease You’ve Probably Never Heard of… About 20 years ago, mitochondrial disease was virtually unheard of.  Just 10 years ago, it was considered rare. Today, according to NORD, a disease is considered rare when less than 200,000 people are affected.  Mitochondrial disease is not a single disease, but rather an entire umbrella of rare diseases.  For example, Alpers disease and Barth syndrome are very different and rare forms of mitochondrial Read More >

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Playing Detective With Checkpoint Therapies

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Three words are on the lips of everyone following new developments in cancer therapies: checkpoint inhibitor drugs. Simply put, investigators believe they have figured out a way to dismantle the mechanism used by cancer cells to stay hidden from T-cells, a type of specialized immune cell. CTLA-4 is a protein on the surface of T-cells that acts as an “off” switch for the sleuthing T-cells. It signals them to remain in a resting state, kind of like Read More >

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