Abbvie, the maker of one of the costly hepatitis C pills captivating Wall Street and frustrating those who pick up the tab for health care costs, says its sales of its treatment will generate more than $3 billion in annual sales in 2015. Read More
Harvard Pilgrim Health Care, one of the largest not-for-profit health insurers in New England, said it will save millions of dollars in hepatitis C drug costs through its negotiated pricing discount from pharmaceutical giant Gilead. Read More
The past year has seen an epic confrontation pitting insurers and payers against drug companies. Read More
Express Scripts, which this year forced price concessions from makers of $1,000-a-day hepatitis C medicines, has set its sights on $37 billion in U.S. spending on cancer medications. Read More
There is little question that rising prices for medicines – including many cancer treatments – is a flashpoint in the growing controversy over health care costs. Read More
Just weeks into a new drug treatment for hepatitis C, Travis Poole felt like… Read More
As the year came to a close, many employers were reviewing 2014 expenses to help plan spending for the new year. Read More
After drug pricing concerns weighed on Gilead Sciences' stock toward the end of December, the drugmaker has kicked off 2015 the same way it did the previous two years: by increasing prices on several products. Read More
Gilead shares sank after the biggest drug-benefit manager in the U.S. chose a pill from AbbVie to be the sole hepatitis C treatment approved for many patients, as insurers seek to rein in the rising cost of medicine. Read More
Doctors caught in the middle of an escalating battle over U.S. drug prices are losing influence over their patients’ treatment even as they gain an opportunity to treat more people more affordably. Read More
The decision by Express Scripts to make the AbbVie hepatitis C treatment the exclusive option for patients with the most common type of the virus caused a ruckus on Wall Street, although the reaction among some doctors and patient advocates was mixed. Read More
The Southeastern Pennsylvania Transit Authority, or Septa, has a workforce of around 9,000, with many more covered in a health plan for retirees, and says it has spent $2.4 million on Sovaldi through the first 11 months of the year. Read More