Mar 6, 2017

New report says multiple sclerosis drugs are overpriced

Rogelio Solis / AP

At least 400,000 Americans have multiple sclerosis, and they are paying too much for their drugs to treat the condition, according to a new report from the Institute for Clinical and Economic Review.

ICER, a not-for-profit group that the pharmaceutical industry loathes, attempts to identify the cost effectiveness of drugs. Many of the multiple sclerosis drugs ICER studied are clinically effective. But the group's president, Dr. Steven Pearson, said in a statement that "high prices and regular price increases contribute significantly to restrictions on coverage and access that make it difficult for patients to get the medications they need." Multiple sclerosis drugs cost between $63,000 per year and more than $100,000 per year.

Companies in the crosshairs that make multiple sclerosis drugs: AbbVie, Bayer, Biogen, Genentech, Merck, Novartis, Sanofi, and Teva Pharmaceutical Industries.

Go deeper

Judge declines to delay Wisconsin April 7 primary, extends absentee deadline

Photo: Darren Hauck/Getty Images

A federal judge on Thursday declined to delay Wisconsin's April 7 primary election, saying he doesn't have the authority to do so.

Why it matters: Wisconsin is the only state scheduled to vote next Tuesday that has not yet delayed its primary.

Navy removes captain of aircraft carrier who sounded alarm about coronavirus

Photo: Mai/Mai/The LIFE Images Collection via Getty Images/Getty Images

Acting Secretary of the Navy Thomas Modly relieved the captain of nuclear aircraft carrier the U.S.S. Theodore Roosevelt after he sent a letter to officials pleading for help when members of his crew contracted the coronavirus.

The big picture: Capt. Brett Crozier's four-page letter was leaked to the San Francisco Chronicle earlier this week, quickly garnering national attention after Crozier pleaded for more resources and space to quarantine crew members offshore.

The coronavirus unemployment numbers in perspective

Data: U.S. Department of Labor; Chart: Danielle Alberti/Axios

Over the past two weeks, 10 million Americans have filed for unemployment, with millions more to come.

Why it matters: The jobless hits right now are like a natural disaster hitting every state at the same time.