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Two new cholesterol drugs raise questions of cost and access

By Steven Ross Johnson  |  June 10, 2015

FDA advisory panels this week recommended approval of two drugs that may significantly lower cholesterol. But experts warn the potential high cost for these blockbuster drugs could limit their access and once again raise concerns about skyrocketing prescription costs.

Novartis still biggest drugmaker; Gilead sees huge growth

By Michael Sandler  |  May 23, 2015

A strong sales year for its prescription products and participation in emerging markets enabled Novartis Corp. to maintain its position as the largest pharmaceutical company in 2014. Meanwhile, Actavis saw a 50.5% revenue increase, and Biogen's revenue grew by 40%.

Hepatitis C drug sales boost AbbVie

Hepatitis C drug sales boost AbbVie

By Bob Herman  |  April 23, 2015

Sales of Viekira Pak, the hepatitis C treatment manufactured by pharmaceutical giant AbbVie, totaled $231 million in the first quarter of this year—instantly making it the company's third best-selling drug.

AbbVie report to update hepatitis C drug war

By Bob Herman  |  April 18, 2015

Pharmaceutical company AbbVie will unveil its first-quarter earnings Thursday, giving investors and industry observers their first glimpse of what a full quarter of sales looks like for its new hepatitis C treatment.

Specialty drugs, Medicaid expansion drive jump in prescription spending

By Steven Ross Johnson  |  April 14, 2015

Spending in the U.S. on prescription drugs rose by 13% in 2014, driven largely by increased spending on new breakthrough medications, according to a new report. And Medicaid patients' spending on drugs rose much faster in states that expanded Medicaid under the ACA compared with those that did not.

When it comes to pricing Sovaldi, how NICE of them

By Merrill Goozner  |  March 17, 2015

New cost-effectiveness analyses of Sovaldi and other treatments to treat chronic hepatitis C infection suggest U.S. firms initially set prices near the ceiling that the United Kingdom's National Health Service will pay for drugs.

Study weighs debt financing for pricey breakthrough drugs

By Steven Ross Johnson  |  March 11, 2015

The emergence of new specialty breakthrough medications has come with a hefty price tag that may demand alternative financing approaches to ensure they remain accessible to patients, a new analysis suggests.

The high price of precision medicine

The high price of precision medicine

By Merrill Goozner  |  March 07, 2015

Financial markets have sent another signal that the coming era of precision or personalized medicine could wind up making cancer care unaffordable for millions of people.

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