Demand for refund on dud drugs

Professional Adviser
clock

Charities have petitioned a pharmaceutical firm to cut the cost of a drug that can treat bone marrow...

Charities have petitioned a pharmaceutical firm to cut the cost of a drug that can treat bone marrow cancer, so it can be used by the NHS in England and Wales. Myeloma UK, MacMillan Cancer Support and Leukaemia CARE have asked the manufacturer, Janssen-Cilag to adopt a similar stance on Revlimid to that taken with Velcade, for which refunds are given if it is ineffective on patients. The charities are also asking for the price of the drug to be reduced with a discount. Revlimid, which costs around £4,500 a month per patient, can extend the lives of myeloma patients for up to three years...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •