TV News LIES

Monday, Dec 15th

Last update10:21:52 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...


Obamacare expiration will have ‘death spiral’ effect on US healthcare – experts

Obamacare expiration will be death spiralWith subsidies for Affordable Care Act (ACA) health insurance set to expire, Americans who rely on...

Nearly 3 million people have caught the flu. Here’s where the virus is hitting hardest

Flu seasonConnecticut, Georgia, Idaho, Massachusetts, Michigan, Rhode Island, South Carolina, Texas and Puerto Rico also saw an...

Johnson & Johnson ordered to pay $40m to women who said talc to blame for cancer

J&J settles over talc A California jury on Friday awarded $40m to two women who said Johnson & Johnson’s baby...

FDA To Investigate Possible COVID Vaccine Deaths In 'Multiple Age Groups'

FDAThe U.S. Food and Drug Administration is now investigating whether the coronavirus vaccine is linked to...
 
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!