Another price-gouging CEO proves the system is broken, underscoring need for principled reform at the FDA
Endpoints News assesses the big biopharma R&D stories of the week, with a little added commentary on what they mean for the industry.
Our new poster boy for drug profiteering proves the system is broken
Last weekend, I looked over a slide detailing the clinical trial work that Marathon did to win an approval for deflazacort as a treatment specifically for Duchenne muscular dystrophy. The steroid is used outside the US for all sorts of diseases, including rheumatoid arthritis. And it’s cheap. Marathon gathered some old efficacy data on Duchenne, added some new studies related to drug activity and so on, and then priced it at $89,000. I’m not a trial expert. I don’t design and run studies. But I’ve been talking to biotech execs about exactly this kind of work and what it costs for 14 years. One look at the slide they put together for Duchenne families would tell anyone, even with the limited exposure I have, that they paid a relatively small sum for the work they did. Two experts I know agreed.
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