Jul 30, 2017

Many Americans are too drugged-out to work

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A venture capitalist wants to mimic blockbuster drugs at a lower price

A venture capitalist is launching a company today to create new drugs that mimic the effects of blockbuster drugs, and then sell them to insurers and hospital systems at a lower price, STAT reports.

Between the lines: The key question is whether insurers and hospitals will buy these new drugs over their competitors.

Go deeperArrowJan 13, 2020

Drug price hikes are back for 2020

Illustration: Sarah Grillo/Axios

Pharmaceutical manufacturers have raised the sticker prices on hundreds of drugs at the start of 2020, with most of the increases coming under 10%.

The big picture: It may be a new year, but the same drugs are once again subject to the same industry practices.

Go deeperArrowUpdated Jan 6, 2020

A lottery for the most expensive drug in the world

Novartis is giving away about 100 doses a year of the most expensive drug in the world, Zolgensma — a gene therapy that cures children of a deadly disease, the Wall Street Journal reports.

Between the lines: The free drug will be offered via a lottery system, which some patient groups say is inappropriate and unfair, as it fails to account for need.

Go deeperArrowDec 20, 2019