Sovaldi Aside, Declining Economic Returns On New Drugs Threaten Innovation – Study
Lifetime total costs exceeded expected revenues for novel products launched from 2005-2009, according to a paper published in Health Affairs. Focusing solely on recent successful launches like Gilead’s hepatitis C drug ignores the commercial fate of other once-promising drugs that turned out to be “dogs,” MIT researcher says.
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Gilead’s Sovaldi earned a spot in the record books – and the hearts of drug marketers – generating $8.55 billion in the first nine months of 2014. Despite controversy over Sovaldi’s high price, Gilead defended the drug’s value and executed flawlessly on the launch. Other 2014 drug launches were slow out of the gates, as the bar for new drugs continues to grow.
Citing considerations of simplification, implementation and equity, Advisory Committee on Immunization Practices says everyone ages ≥50 years should get an mRNA vaccine booster dose and recommends all individuals ≥18 years have the option of getting one, without regard to occupational exposure or underlying medical conditions.
Emergency use authorization for Pfizer/BioNTech, Moderna vaccine boosters for everyone ≥18 years was based on the same immune response data that supported previous clearance in certain high-risk groups, although FDA said it also considered additional real-world data on myocarditis risk and the recent increase in COVID-19 cases.