Gilead offers rare apology to payers over the hep C drug sticker shock
Gilead is known for many things, but apologizing for its actions is not one of them. The big biotech has cultivated rhino thick skin when it comes to pricing issues, but CEO John Milligan was willing to turn a contrite cheek at Matthew Herper’s Healthcare Summit last week when called on to explain the outcry that met the company’s rollout of a $1,000-per-pill remedy.
“I think our failure, if I have to take a step backwards, we were unable to have a good enough conversation with the payers,” Milligan said, as quoted by John LaMattina in a Forbes column today. “Perhaps we were a little conservative about what we could have or should have said to them to allow them to prepare for the number of patients that came forward. Honestly, it was far more than we thought. We did not think the system could or would try to handle as many patients as it did. We essentially quadrupled the number of patients treated in a year. That surge really created a lot of pain.”
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