TV News LIES

Saturday, Sep 28th

Last update10:05:39 PM GMT

You are here News Health An effective eye drug is available for $50. But many doctors choose a $2,000 alternative.

An effective eye drug is available for $50. But many doctors choose a $2,000 alternative.

E-mail Print PDF

lucentisThe two drugs have been declared equivalently miraculous. Tested side by side in six major trials, both prevent blindness in a common old-age affliction. Biologically, they are cousins. They’re even made by the same company.

But one holds a clear price advantage.

Avastin costs about $50 per injection. Lucentis costs about $2,000 per injection.

Doctors choose the more expensive drug more than half a million times every year, a choice that costs the Medicare program, the largest single customer, an extra $1 billion or more annually.

Spending that much may make little sense for a country burdened by ever-
rising health bills, but as is often the case in American health care, there is a certain economic logic: Doctors and drugmakers profit when more-costly treatments are adopted.

Genentech, a division of the Roche Group, makes both products but reaps far more profit when it sells the more expensive drug. Although Lucentis is about 40 times as expensive as Avastin to buy, the cost of producing the two drugs is similar, according to scientists familiar with the drugs and the industry.

More...


Most Recent Related Stories...


US hospital chain vows to cancel medical debt for thousands of patients

Hospital chain will cancel debts for thousands of patients Advocate Health, the third largest non-profit health system in the country, has announced it will cancel...

NPR Exclusive: U.S. overdose deaths plummet, saving thousands of lives

Fentanyl useror the first time in decades, public health data shows a sudden and hopeful drop in...

Federal Trade Commission sues drug 'gatekeepers' over high insulin prices

FTC sues drug gatekeepers The U.S. Federal Trade Commission sued the country's three largest pharmacy benefit managers on Friday, accusing...

COVID variant XEC sees rapid global growth: What to know about the new strain

COVID variant XEC As flu season nears, so do new COVID-19 variants. A newly discovered COVID strain known as XEC...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!