Top Oncologists Push Back On ‘Outrageous’ Costs Of Cancer Drugs
More than 110 doctors from cancer centers around the country called on drug makers to justify their soaring prices and for the government to put regulatory curbs in place. They noted that every new drug approved by the Food and Drug Administration in 2014 was priced at more than $120,000 per year.
The New York Times:
Drug Companies Pushed From Far And Wide To Explain High Prices
As complaints grow about exorbitant drug prices, pharmaceutical companies are coming under pressure to disclose the development costs and profits of those medicines and the rationale for charging what they do. So-called pharmaceutical cost transparency bills have been introduced in at least six state legislatures in the last year, aiming to make drug companies justify their prices, which are often attributed to high research and development costs. (Pollack, 7/23)
The Wall Street Journal:
Doctors Object To High Cancer-Drug Prices
More than 100 oncologists from top cancer hospitals around the U.S. have issued a harsh rebuke over soaring cancer-drug prices and called for new regulations to control them. The physicians are the latest in a growing roster of objectors to drug prices. Critics from doctors to insurers to state Medicaid officials have voiced alarm about prescription drug prices, which rose more than 12% last year in the U.S., the biggest annual increase in a decade, according to the nation’s largest pharmacy-benefit manager. (Whalen, 7/23)
The Washington Post:
Cancer Experts Call For Curbs On Rising Drug Prices
Top cancer experts called Thursday for steps to curb the rapidly escalating price of oncology drugs, warning that the current trajectory “will affect millions of Americans and their immediate families, often repeatedly.” The commentary in the journal Mayo Clinic Proceedings, signed by 118 physicians from cancer centers across the country, cited startling, if now familiar, evidence of the dramatic rise in cancer-drug prices. (Bernstein, 7/23)
Reuters:
Experts Support Call For Lower Drug Prices
A group of 118 leading cancer experts have developed a list of proposals designed to reduce the cost of cancer drugs, and support a grassroots patient protest movement to pressure drug companies to charge what they deem a fair value for treatments. The experts include former presidents of the American Society of Clinical Oncology and the American Society of Hematology. (Steenhuysen, 7/23)
Politico Pro:
Top Cancer Docs Want Patients To Join Pushback On Drug Costs
More than 100 of the country’s most prominent cancer doctors are calling for a mass mobilization of patients to fight the escalating cost of new cancer drugs, which are routinely topping $100,000 a year. (Norman, 7/23)
