Business News, In Brief
Gilead reports the results from a fourth Phase III pivotal trial for its HCV drug that will lead to a 2013 filing, while Meda, Curis, and Intermune discuss drug launches.
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Exelixis Explains Virtues Of Flat Pricing For Cometriq
Approval in very rare medullary thyroid cancer marks an important milestone for Exelixis’ Cometriq (cabozantinib), which is being positioned for multiple cancers. The company will need only five sales reps for the thyroid cancer market and plans to launch in late January 2013 at the price of $9,900 per 28 days.
Bayer Prices Stivarga With Crowded Colon Cancer Market In Mind
Ahead of schedule, FDA approves Stivarga (regorafenib), partnered with Onyx, for late-stage mCRC patients with few options left. Bayer prices drug at under $10,000 a month, on par with competing treatments.
First Drugs That Could Be Picked For Price Negotiation Showcase Longevity Of Some Brands
The first drugs expected to face US Medicare drug price negotiations, according to a new analysis, will have had an average commercial life span of 15 years.