TV News LIES

Sunday, Mar 08th

Last update03:52:58 AM 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 agency did not perform safety checks of more than 100 food ingredients, analysis finds

100 food ingrediEnts not analyzedMore than 100 substances widely used in common US foods, supplements and beverages underwent no health...

Trump Administration's Embattled FDA Vaccine Chief Is Leaving For The Second Time

Dr, Vinay PrasadThe Food and Drug Administration’s embattled vaccine chief, Dr. Vinay Prasad, is once again leaving the...

Hundreds of American nurses choose Canada over the U.S. under Trump

US nurses choose CanadaLast month, Justin and Amy Miller packed their vehicles with three kids, two dogs, a pet...

A virus without a vaccine or treatment is hitting California. What you need to know

Novato, CA has HMPV A respiratory virus that doesn’t have a vaccine or a specific treatment regimen is spreading...
 
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!