http://www.politico.com/story/2016/05/drug-prices-addiction-223192
The list price of Kaleo Pharma’s auto-inject version – specifically approved for a people without medical training to use in a life-threatening crisis — soared from $575 to $3,750 per two-dose package in just two years, according to Truven Health Analytics.
Kaleo, on the other hand, says it raised prices of its naloxone product Evzio so it could afford to cover patient copays; insurers say this practice directs patients to pricier branded drugs, while raising everyone’s insurance costs.
“It’s not a solution that addresses the underlying issue, which is the price itself,” said America’s Health Insurance Plans spokeswoman Clare Krusing. “It shows that pharma is willing do to do anything to change the insurance model … so they don’t have to address the underlying price of the medications that they are charging.”
Before the company hiked naloxone prices this year, about two-thirds of Evzio prescriptions were never filled, said Kaleo spokesman Mark Herzog. Since the company started its patient access program in February — which is subsidized by new revenue generated by the price increase — filled prescriptions increased by 83 percent.
The drug in the auto injector is essentially the same as the older generic versions. About all that’s changed is the packaging, which includes voice-activated instructions.
“When I was little I had some dolls that talked,” said Carol Cunningham, medical director for the Ohio Department of Public Safety’s EMS division. “They didn’t cost $400.”
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