@SteveEngelberg@charlesornstein@mcuban I am begging @mcuban to actually care about the generics he is selling to the American public. He can save lives by quality testing the drug supply.
No else has an incentive to do it. If he really wants to disrupt healthcare, this is how to do it
@BertrandBio I would argue payer formulary coverage is more important than health system formularies, with the exception of traditional Medicare FFS part B.
If payers don’t cover Amvuttra, it doesn’t matter if it’s on a health system’s formulary.
@mcuban Mark,
You still have yet to articulate how drug manufacturers will be held accountable for prices. Removing formulary/access control removes any leverage payers have to negotiate better pricing.
Leaving pharma to increase prices without any counterweight.
@GeneInvesting Let’s see how many patients end up getting Amvuttra after being required to “fail” a much cheaper stabilizer, which most ins will require
Spoiler alert - it will be a lot
It isn’t hard to get a prior auth approved for this disease state
@GeneInvesting Think about it - most candidates for the therapy will already be on stabilizers and silencers
Step therapy doesn’t work for gene therapies
As long as there is patient demand, payers won’t be a barrier
@Biotech2k1@GeneInvesting It doesn’t matter. Most patients will already be on these drugs - they are the standard of care
And a “failure” would be any worsening of cardiac function - also not a very high bar to overcome
The unknown is patient demand and ability to supply the market, not ins coverage
@matthewherper@UrnovFyodor@nalyticsatwork@adamfeuerstein It boils down to comparative efficacy. If they are the same/similar (I.e. Hemophilia), patients will likely not opt for gene therapy for the sake of convenience. However, if there are potential clinical advantages (I.e SCD), I think the product can succeed commercially.
@matthewherper@UrnovFyodor@nalyticsatwork@adamfeuerstein Demand is currently low for Hem A/B because it can be managed with alternative therapies and has been for many years.
OTOH, SCD therapies have already been administered to many patients, and will continue. Ex-vivo vs In-vivo will be a huge difference as well.