More than half of its gross sales ultimately went to payers as rebates, Sanofi says

More than half of its gross sales ultimately went to payers as rebates, Sanofi says

Source: 
Endpoints
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In a new report, Sanofi is adding another data point to one of pharma’s go-to defenses regarding their pricing practices.

As much as 55% of its gross sales in 2019 were given back to payers in the form of rebates, the pharma giant disclosed, including $5.5 billion in mandatory rebates to the government and $8.4 billion in discretionary rebates to insurance companies.