Drug Pricing Reform Without Innovation Backlash? ICER Aims To Find The Path
With new report looking at price increases rather than launch prices, ICER hopes to show it's possible to set limits without negatively impacting development of medicines. Report takes aim at some common drug industry arguments against price reforms and shows some net prices increasing faster than list prices, making it harder for pharma to divert blame to supply chain.
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Proposal, which could be formally endorsed by MedPac this spring, would lower the payment rates for vaccines while simultaneously moving all preventative vaccine coverage to Medicare Part B. Commission signals further cuts to payment rate, through an average sales priced-based methodology that might eventually be recommended.
Pink Sheet reporters and editor discuss President-Elect Joe Biden’s decision to name the CDER director as acting FDA commissioner and other staffing changes, as well as changes to industry trade groups’ political donations.