SlideShare a Scribd company logo
Here’s What The
Same Arthritis
Drug Costs In
Different Countries
BY MICHA ABELES
IN THE WAKE OF THE MUCH-PUBLICIZED DRUG PRICE
HIKES OF COMMON PRESCRIPTIONS SUCH AS MYLAN’S
EPIPEN AND TURING’S DARAPRIM, PATIENTS AND
DOCTORS ALIKE HAVE BEEN SCRATCHING THEIR HEADS
ABOUT WHY DRUG PRICES KEEP INCREASING. SOME
REASONS MAY BE THE RISE OF THE COST OF LIVING,
CORPORATE GREED, OR JUST THE FACTS OF SUPPLY AND
DEMAND. REGARDLESS OF THE REASONING, EVERYONE
CAN AGREE THAT DRUG PRICES, WHETHER THEY’RE NAME
BRAND OR NOT, ARE HIGH IN THE UNITED STATES.
IN FACT, BETWEEN 2013 AND 2015, NET SPENDING ON
PRESCRIPTION DRUGS BY CONSUMERS IN THE UNITED
STATES INCREASED ABOUT 20%, ACCORDING TO CNN. NOT
ONLY HAVE THE PRICES BEEN INCREASING STEADILY
EVERY YEAR, BUT NEARLY ALL PRESCRIPTION DRUGS
COST ABOUT TWICE AS MUCH AS OTHER DEVELOPED
NATIONS — MEANING DRUG PRICES IN THE U.S. ARE THE
HIGHEST IN THE DEVELOPED WORLD.
TO PUT THIS INTO PERSPECTIVE, THIS BLOG WILL
ANALYZE THE COST OF ONE COMMON ARTHRITIS DRUG,
HUMIRA, AMONG SEVERAL DEVELOPED NATIONS. AS AN
INJECTABLE MEDICATION FOR ARTHRITIS, HUMIRA IS
FREQUENTLY USED TO TREAT PATIENTS WITH
RHEUMATOID ARTHRITIS BECAUSE IT’S EASY TO USE AND
QUICKLY REDUCES SWELLING. OTHER THAN THE U.S., THE
DRUG IS MARKETED TO 14 OTHER COUNTRIES.
THE NUMBERS BELOW WERE CONDUCTED FROM A 2015
BLOOMBERG NEWS ANALYSIS, IN WHICH SSR HEALTH, WHICH IS
AN INVESTMENT RESEARCH FIRM, USED PRESCRIPTION DATA AND
LIST PRICES TO DETERMINE HUMIRA’S SALES IN THE U.S. BEFORE
DISCOUNTS WERE APPLIED BY INSURANCE COMPANIES. TO
APPROXIMATE THE DISCOUNTS FROM INSURANCE COMPANIES,
SSR HEALTH SUBTRACTED THE ACTUAL SALES REPORTED BY THE
COMPANIES. THEN, BLOOMBERG COMPARED THE AVERAGE
DISCOUNTED PRICE OF A PRESCRIPTION TO LIST PRICES FROM 14
OTHER COUNTRIES, USING LOCAL DATA FROM IHS INC., A DATA
ANALYSIS AND CONSULTING FIRM, AND OTHER SOURCES.
United States
MONTHLY PRICE WITH
DISCOUNT FROM PATIENTS’
HEALTH INSURANCE:
$2,504.50
Germany
MONTHLY PRICE:
$2,504.50
Brazil
MONTHLY PRICE:
$1,504.61
Saudi Arabia
MONTHLY PRICE:
$1,359.96
Australia
MONTHLY PRICE:
$1,242.75
Canada
MONTHLY PRICE:
$1,164.32
United Kingdom
MONTHLY PRICE:
$1,157.63
Morocco
MONTHLY PRICE:
$1,146.43
Russia
MONTHLY PRICE:
$1,131.42
China
MONTHLY PRICE:
$1,070.57
France
MONTHLY PRICE:
$981.79
Japan
MONTHLY PRICE:
$980.34
Norway
MONTHLY PRICE:
$918.41
South Africa
MONTHLY PRICE:
$569.64
SO WHY IS THERE ROUGHLY A $2,000 DIFFERENCE IN
PRICE FOR THE SAME DRUG? IT ALL REVOLVES AROUND
THE COUNTRY’S REGULATORY SYSTEM. BECAUSE THE U.S.
GOVERNMENT DOESN’T NEGOTIATE OR REGULATE PRICES
OF PRESCRIPTION DRUGS, DRUGMAKERS CAN SELL THEIR
PRODUCTS AT WHATEVER PRICE POINT THEY CHOOSE.
OTHER COUNTRIES EITHER HAVE GOVERNMENT AGENCIES
NEGOTIATE THE PRICE WITH DRUGMAKERS, OR THE
COUNTRY’S PUBLIC HEALTHCARE SYSTEM COVERS THE
BULK OF THE COST.
What are your
thoughts on this
finding?
MICHAABELESMD.COM

More Related Content

Similar to Here’s What the Same Arthritis Drug Costs Around the World

Prescription Medicines Costs in Context July 2021
Prescription Medicines Costs in Context July 2021Prescription Medicines Costs in Context July 2021
Prescription Medicines Costs in Context July 2021
PhRMA
 
Prescription Medicines Costs in Context March 2022
Prescription Medicines Costs in Context March 2022Prescription Medicines Costs in Context March 2022
Prescription Medicines Costs in Context March 2022
PhRMA
 
Healthcare oligopoly is Affecting u.s. economy converted
Healthcare oligopoly is Affecting u.s. economy convertedHealthcare oligopoly is Affecting u.s. economy converted
Healthcare oligopoly is Affecting u.s. economy converted
RoyJMeidinger
 
Prescription Medicines Costs in Context January 2020
Prescription Medicines Costs in Context January 2020Prescription Medicines Costs in Context January 2020
Prescription Medicines Costs in Context January 2020
PhRMA
 
Prescription Medicines Costs in Context April 2022
Prescription Medicines Costs in Context April 2022Prescription Medicines Costs in Context April 2022
Prescription Medicines Costs in Context April 2022
PhRMA
 
The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...
The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...
The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...
Congressional Budget Office
 
Prescription Medicines: Costs in Context
Prescription Medicines: Costs in Context Prescription Medicines: Costs in Context
Prescription Medicines: Costs in Context
PhRMA
 
Time For Affordability
Time For AffordabilityTime For Affordability
Time For Affordability
Jon Whiten
 
Prescription Medicines Costs in Context October 2020
Prescription Medicines Costs in Context October 2020Prescription Medicines Costs in Context October 2020
Prescription Medicines Costs in Context October 2020
PhRMA
 
Prescription Medicines - Costs In Context March 2019
Prescription Medicines - Costs In Context March 2019Prescription Medicines - Costs In Context March 2019
Prescription Medicines - Costs In Context March 2019
PhRMA
 
The future of pharma marketing
The future of pharma marketingThe future of pharma marketing
The future of pharma marketing
Farhad Zargari
 
Health Care Costs
Health Care Costs Health Care Costs
Health Care Costs
BCBSNC
 
Prescription Medicines: Costs in Context - May 2023
Prescription Medicines: Costs in Context - May 2023Prescription Medicines: Costs in Context - May 2023
Prescription Medicines: Costs in Context - May 2023
PhRMA
 
Drug costs
Drug costsDrug costs
Drug costs
Richard Meyer
 
Prescription Medicines Costs in Context April 2021
Prescription Medicines Costs in Context April 2021Prescription Medicines Costs in Context April 2021
Prescription Medicines Costs in Context April 2021
PhRMA
 
Prescription Medicines Costs in Context May 2020
Prescription Medicines Costs in Context May 2020Prescription Medicines Costs in Context May 2020
Prescription Medicines Costs in Context May 2020
PhRMA
 
Right Care Alliance Presentation
Right Care Alliance PresentationRight Care Alliance Presentation
Right Care Alliance Presentation
sstrumello
 
Prescription Medicines - Costs in Context January 2019
Prescription Medicines - Costs in Context January 2019Prescription Medicines - Costs in Context January 2019
Prescription Medicines - Costs in Context January 2019
PhRMA
 
Review of the Senate AHCA Bill
Review of the Senate AHCA BillReview of the Senate AHCA Bill
Review of the Senate AHCA Bill
Lucia Perri
 
The Rising Costs of Medical Bills Vest 2017
The Rising Costs of Medical Bills Vest 2017The Rising Costs of Medical Bills Vest 2017
The Rising Costs of Medical Bills Vest 2017
Cameron Leids
 

Similar to Here’s What the Same Arthritis Drug Costs Around the World (20)

Prescription Medicines Costs in Context July 2021
Prescription Medicines Costs in Context July 2021Prescription Medicines Costs in Context July 2021
Prescription Medicines Costs in Context July 2021
 
Prescription Medicines Costs in Context March 2022
Prescription Medicines Costs in Context March 2022Prescription Medicines Costs in Context March 2022
Prescription Medicines Costs in Context March 2022
 
Healthcare oligopoly is Affecting u.s. economy converted
Healthcare oligopoly is Affecting u.s. economy convertedHealthcare oligopoly is Affecting u.s. economy converted
Healthcare oligopoly is Affecting u.s. economy converted
 
Prescription Medicines Costs in Context January 2020
Prescription Medicines Costs in Context January 2020Prescription Medicines Costs in Context January 2020
Prescription Medicines Costs in Context January 2020
 
Prescription Medicines Costs in Context April 2022
Prescription Medicines Costs in Context April 2022Prescription Medicines Costs in Context April 2022
Prescription Medicines Costs in Context April 2022
 
The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...
The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...
The Contribution of Changes in Drug Mix and Price Growth to the Rising Costs ...
 
Prescription Medicines: Costs in Context
Prescription Medicines: Costs in Context Prescription Medicines: Costs in Context
Prescription Medicines: Costs in Context
 
Time For Affordability
Time For AffordabilityTime For Affordability
Time For Affordability
 
Prescription Medicines Costs in Context October 2020
Prescription Medicines Costs in Context October 2020Prescription Medicines Costs in Context October 2020
Prescription Medicines Costs in Context October 2020
 
Prescription Medicines - Costs In Context March 2019
Prescription Medicines - Costs In Context March 2019Prescription Medicines - Costs In Context March 2019
Prescription Medicines - Costs In Context March 2019
 
The future of pharma marketing
The future of pharma marketingThe future of pharma marketing
The future of pharma marketing
 
Health Care Costs
Health Care Costs Health Care Costs
Health Care Costs
 
Prescription Medicines: Costs in Context - May 2023
Prescription Medicines: Costs in Context - May 2023Prescription Medicines: Costs in Context - May 2023
Prescription Medicines: Costs in Context - May 2023
 
Drug costs
Drug costsDrug costs
Drug costs
 
Prescription Medicines Costs in Context April 2021
Prescription Medicines Costs in Context April 2021Prescription Medicines Costs in Context April 2021
Prescription Medicines Costs in Context April 2021
 
Prescription Medicines Costs in Context May 2020
Prescription Medicines Costs in Context May 2020Prescription Medicines Costs in Context May 2020
Prescription Medicines Costs in Context May 2020
 
Right Care Alliance Presentation
Right Care Alliance PresentationRight Care Alliance Presentation
Right Care Alliance Presentation
 
Prescription Medicines - Costs in Context January 2019
Prescription Medicines - Costs in Context January 2019Prescription Medicines - Costs in Context January 2019
Prescription Medicines - Costs in Context January 2019
 
Review of the Senate AHCA Bill
Review of the Senate AHCA BillReview of the Senate AHCA Bill
Review of the Senate AHCA Bill
 
The Rising Costs of Medical Bills Vest 2017
The Rising Costs of Medical Bills Vest 2017The Rising Costs of Medical Bills Vest 2017
The Rising Costs of Medical Bills Vest 2017
 

More from Micha Abeles M.D.

The Impact of Arthritis on Mental Health
The Impact of Arthritis on Mental HealthThe Impact of Arthritis on Mental Health
The Impact of Arthritis on Mental Health
Micha Abeles M.D.
 
Arthritis Management During Changing Seasons| Micha Abeles M.D.
Arthritis Management During Changing Seasons| Micha Abeles M.D.Arthritis Management During Changing Seasons| Micha Abeles M.D.
Arthritis Management During Changing Seasons| Micha Abeles M.D.
Micha Abeles M.D.
 
Detoxing: Facts or Fiction
Detoxing: Facts or FictionDetoxing: Facts or Fiction
Detoxing: Facts or Fiction
Micha Abeles M.D.
 
Tai Chi as Fall Prevention
Tai Chi as Fall PreventionTai Chi as Fall Prevention
Tai Chi as Fall Prevention
Micha Abeles M.D.
 
Arthritis Drugs Could Help Prevent Alzheimer's Disease
Arthritis Drugs Could Help Prevent Alzheimer's DiseaseArthritis Drugs Could Help Prevent Alzheimer's Disease
Arthritis Drugs Could Help Prevent Alzheimer's Disease
Micha Abeles M.D.
 
Maternal RA Increases Risk in Offspring
Maternal RA Increases Risk in OffspringMaternal RA Increases Risk in Offspring
Maternal RA Increases Risk in Offspring
Micha Abeles M.D.
 
What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...
What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...
What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...
Micha Abeles M.D.
 
Gout: A Chronic Disease
Gout: A Chronic DiseaseGout: A Chronic Disease
Gout: A Chronic Disease
Micha Abeles M.D.
 
Cigarette Exposure Can Boost Changes of Getting Arthritis
Cigarette Exposure Can Boost Changes of Getting ArthritisCigarette Exposure Can Boost Changes of Getting Arthritis
Cigarette Exposure Can Boost Changes of Getting Arthritis
Micha Abeles M.D.
 
A Hisoric Boost for Lupus Research
A Hisoric Boost for Lupus ResearchA Hisoric Boost for Lupus Research
A Hisoric Boost for Lupus Research
Micha Abeles M.D.
 
Running is Good for Your Joints
Running is Good for Your JointsRunning is Good for Your Joints
Running is Good for Your Joints
Micha Abeles M.D.
 
The 5 Main Symptoms of Arthritis
The 5 Main Symptoms of ArthritisThe 5 Main Symptoms of Arthritis
The 5 Main Symptoms of Arthritis
Micha Abeles M.D.
 
Relieve Your Arthritis Pain with Yoga
Relieve Your Arthritis Pain with YogaRelieve Your Arthritis Pain with Yoga
Relieve Your Arthritis Pain with Yoga
Micha Abeles M.D.
 

More from Micha Abeles M.D. (13)

The Impact of Arthritis on Mental Health
The Impact of Arthritis on Mental HealthThe Impact of Arthritis on Mental Health
The Impact of Arthritis on Mental Health
 
Arthritis Management During Changing Seasons| Micha Abeles M.D.
Arthritis Management During Changing Seasons| Micha Abeles M.D.Arthritis Management During Changing Seasons| Micha Abeles M.D.
Arthritis Management During Changing Seasons| Micha Abeles M.D.
 
Detoxing: Facts or Fiction
Detoxing: Facts or FictionDetoxing: Facts or Fiction
Detoxing: Facts or Fiction
 
Tai Chi as Fall Prevention
Tai Chi as Fall PreventionTai Chi as Fall Prevention
Tai Chi as Fall Prevention
 
Arthritis Drugs Could Help Prevent Alzheimer's Disease
Arthritis Drugs Could Help Prevent Alzheimer's DiseaseArthritis Drugs Could Help Prevent Alzheimer's Disease
Arthritis Drugs Could Help Prevent Alzheimer's Disease
 
Maternal RA Increases Risk in Offspring
Maternal RA Increases Risk in OffspringMaternal RA Increases Risk in Offspring
Maternal RA Increases Risk in Offspring
 
What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...
What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...
What Your Healthcare Could Look Like Under Amazon, Berkshire Hathaway, and JP...
 
Gout: A Chronic Disease
Gout: A Chronic DiseaseGout: A Chronic Disease
Gout: A Chronic Disease
 
Cigarette Exposure Can Boost Changes of Getting Arthritis
Cigarette Exposure Can Boost Changes of Getting ArthritisCigarette Exposure Can Boost Changes of Getting Arthritis
Cigarette Exposure Can Boost Changes of Getting Arthritis
 
A Hisoric Boost for Lupus Research
A Hisoric Boost for Lupus ResearchA Hisoric Boost for Lupus Research
A Hisoric Boost for Lupus Research
 
Running is Good for Your Joints
Running is Good for Your JointsRunning is Good for Your Joints
Running is Good for Your Joints
 
The 5 Main Symptoms of Arthritis
The 5 Main Symptoms of ArthritisThe 5 Main Symptoms of Arthritis
The 5 Main Symptoms of Arthritis
 
Relieve Your Arthritis Pain with Yoga
Relieve Your Arthritis Pain with YogaRelieve Your Arthritis Pain with Yoga
Relieve Your Arthritis Pain with Yoga
 

Recently uploaded

Thyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptx
Thyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptxThyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptx
Thyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptx
Dr. Rabia Inam Gandapore
 
Vision-1.pptx, Eye structure, basics of optics
Vision-1.pptx, Eye structure, basics of opticsVision-1.pptx, Eye structure, basics of optics
Vision-1.pptx, Eye structure, basics of optics
Sai Sailesh Kumar Goothy
 
basicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdfbasicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdf
aljamhori teaching hospital
 
Adv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMS
Adv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMSAdv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMS
Adv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMS
AkankshaAshtankar
 
BRACHYTHERAPY OVERVIEW AND APPLICATORS
BRACHYTHERAPY OVERVIEW  AND  APPLICATORSBRACHYTHERAPY OVERVIEW  AND  APPLICATORS
BRACHYTHERAPY OVERVIEW AND APPLICATORS
Krishan Murari
 
New Drug Discovery and Development .....
New Drug Discovery and Development .....New Drug Discovery and Development .....
New Drug Discovery and Development .....
NEHA GUPTA
 
Triangles of Neck and Clinical Correlation by Dr. RIG.pptx
Triangles of Neck and Clinical Correlation by Dr. RIG.pptxTriangles of Neck and Clinical Correlation by Dr. RIG.pptx
Triangles of Neck and Clinical Correlation by Dr. RIG.pptx
Dr. Rabia Inam Gandapore
 
KDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologistsKDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologists
د.محمود نجيب
 
How STIs Influence the Development of Pelvic Inflammatory Disease.pptx
How STIs Influence the Development of Pelvic Inflammatory Disease.pptxHow STIs Influence the Development of Pelvic Inflammatory Disease.pptx
How STIs Influence the Development of Pelvic Inflammatory Disease.pptx
FFragrant
 
Knee anatomy and clinical tests 2024.pdf
Knee anatomy and clinical tests 2024.pdfKnee anatomy and clinical tests 2024.pdf
Knee anatomy and clinical tests 2024.pdf
vimalpl1234
 
How to Give Better Lectures: Some Tips for Doctors
How to Give Better Lectures: Some Tips for DoctorsHow to Give Better Lectures: Some Tips for Doctors
How to Give Better Lectures: Some Tips for Doctors
LanceCatedral
 
NVBDCP.pptx Nation vector borne disease control program
NVBDCP.pptx Nation vector borne disease control programNVBDCP.pptx Nation vector borne disease control program
NVBDCP.pptx Nation vector borne disease control program
Sapna Thakur
 
Pharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptx
Pharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptxPharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptx
Pharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptx
Dr. Rabia Inam Gandapore
 
Flu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore KarnatakaFlu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore Karnataka
addon Scans
 
Colonic and anorectal physiology with surgical implications
Colonic and anorectal physiology with surgical implicationsColonic and anorectal physiology with surgical implications
Colonic and anorectal physiology with surgical implications
Dr Maria Tamanna
 
Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...
Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...
Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...
Oleg Kshivets
 
Effective-Soaps-for-Fungal-Skin-Infections.pptx
Effective-Soaps-for-Fungal-Skin-Infections.pptxEffective-Soaps-for-Fungal-Skin-Infections.pptx
Effective-Soaps-for-Fungal-Skin-Infections.pptx
SwisschemDerma
 
Physiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of TastePhysiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of Taste
MedicoseAcademics
 
Novas diretrizes da OMS para os cuidados perinatais de mais qualidade
Novas diretrizes da OMS para os cuidados perinatais de mais qualidadeNovas diretrizes da OMS para os cuidados perinatais de mais qualidade
Novas diretrizes da OMS para os cuidados perinatais de mais qualidade
Prof. Marcus Renato de Carvalho
 
Pictures of Superficial & Deep Fascia.ppt.pdf
Pictures of Superficial & Deep Fascia.ppt.pdfPictures of Superficial & Deep Fascia.ppt.pdf
Pictures of Superficial & Deep Fascia.ppt.pdf
Dr. Rabia Inam Gandapore
 

Recently uploaded (20)

Thyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptx
Thyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptxThyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptx
Thyroid Gland- Gross Anatomy by Dr. Rabia Inam Gandapore.pptx
 
Vision-1.pptx, Eye structure, basics of optics
Vision-1.pptx, Eye structure, basics of opticsVision-1.pptx, Eye structure, basics of optics
Vision-1.pptx, Eye structure, basics of optics
 
basicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdfbasicmodesofventilation2022-220313203758.pdf
basicmodesofventilation2022-220313203758.pdf
 
Adv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMS
Adv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMSAdv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMS
Adv. biopharm. APPLICATION OF PHARMACOKINETICS : TARGETED DRUG DELIVERY SYSTEMS
 
BRACHYTHERAPY OVERVIEW AND APPLICATORS
BRACHYTHERAPY OVERVIEW  AND  APPLICATORSBRACHYTHERAPY OVERVIEW  AND  APPLICATORS
BRACHYTHERAPY OVERVIEW AND APPLICATORS
 
New Drug Discovery and Development .....
New Drug Discovery and Development .....New Drug Discovery and Development .....
New Drug Discovery and Development .....
 
Triangles of Neck and Clinical Correlation by Dr. RIG.pptx
Triangles of Neck and Clinical Correlation by Dr. RIG.pptxTriangles of Neck and Clinical Correlation by Dr. RIG.pptx
Triangles of Neck and Clinical Correlation by Dr. RIG.pptx
 
KDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologistsKDIGO 2024 guidelines for diabetologists
KDIGO 2024 guidelines for diabetologists
 
How STIs Influence the Development of Pelvic Inflammatory Disease.pptx
How STIs Influence the Development of Pelvic Inflammatory Disease.pptxHow STIs Influence the Development of Pelvic Inflammatory Disease.pptx
How STIs Influence the Development of Pelvic Inflammatory Disease.pptx
 
Knee anatomy and clinical tests 2024.pdf
Knee anatomy and clinical tests 2024.pdfKnee anatomy and clinical tests 2024.pdf
Knee anatomy and clinical tests 2024.pdf
 
How to Give Better Lectures: Some Tips for Doctors
How to Give Better Lectures: Some Tips for DoctorsHow to Give Better Lectures: Some Tips for Doctors
How to Give Better Lectures: Some Tips for Doctors
 
NVBDCP.pptx Nation vector borne disease control program
NVBDCP.pptx Nation vector borne disease control programNVBDCP.pptx Nation vector borne disease control program
NVBDCP.pptx Nation vector borne disease control program
 
Pharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptx
Pharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptxPharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptx
Pharynx and Clinical Correlations BY Dr.Rabia Inam Gandapore.pptx
 
Flu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore KarnatakaFlu Vaccine Alert in Bangalore Karnataka
Flu Vaccine Alert in Bangalore Karnataka
 
Colonic and anorectal physiology with surgical implications
Colonic and anorectal physiology with surgical implicationsColonic and anorectal physiology with surgical implications
Colonic and anorectal physiology with surgical implications
 
Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...
Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...
Lung Cancer: Artificial Intelligence, Synergetics, Complex System Analysis, S...
 
Effective-Soaps-for-Fungal-Skin-Infections.pptx
Effective-Soaps-for-Fungal-Skin-Infections.pptxEffective-Soaps-for-Fungal-Skin-Infections.pptx
Effective-Soaps-for-Fungal-Skin-Infections.pptx
 
Physiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of TastePhysiology of Special Chemical Sensation of Taste
Physiology of Special Chemical Sensation of Taste
 
Novas diretrizes da OMS para os cuidados perinatais de mais qualidade
Novas diretrizes da OMS para os cuidados perinatais de mais qualidadeNovas diretrizes da OMS para os cuidados perinatais de mais qualidade
Novas diretrizes da OMS para os cuidados perinatais de mais qualidade
 
Pictures of Superficial & Deep Fascia.ppt.pdf
Pictures of Superficial & Deep Fascia.ppt.pdfPictures of Superficial & Deep Fascia.ppt.pdf
Pictures of Superficial & Deep Fascia.ppt.pdf
 

Here’s What the Same Arthritis Drug Costs Around the World

  • 1. Here’s What The Same Arthritis Drug Costs In Different Countries BY MICHA ABELES
  • 2. IN THE WAKE OF THE MUCH-PUBLICIZED DRUG PRICE HIKES OF COMMON PRESCRIPTIONS SUCH AS MYLAN’S EPIPEN AND TURING’S DARAPRIM, PATIENTS AND DOCTORS ALIKE HAVE BEEN SCRATCHING THEIR HEADS ABOUT WHY DRUG PRICES KEEP INCREASING. SOME REASONS MAY BE THE RISE OF THE COST OF LIVING, CORPORATE GREED, OR JUST THE FACTS OF SUPPLY AND DEMAND. REGARDLESS OF THE REASONING, EVERYONE CAN AGREE THAT DRUG PRICES, WHETHER THEY’RE NAME BRAND OR NOT, ARE HIGH IN THE UNITED STATES.
  • 3. IN FACT, BETWEEN 2013 AND 2015, NET SPENDING ON PRESCRIPTION DRUGS BY CONSUMERS IN THE UNITED STATES INCREASED ABOUT 20%, ACCORDING TO CNN. NOT ONLY HAVE THE PRICES BEEN INCREASING STEADILY EVERY YEAR, BUT NEARLY ALL PRESCRIPTION DRUGS COST ABOUT TWICE AS MUCH AS OTHER DEVELOPED NATIONS — MEANING DRUG PRICES IN THE U.S. ARE THE HIGHEST IN THE DEVELOPED WORLD.
  • 4. TO PUT THIS INTO PERSPECTIVE, THIS BLOG WILL ANALYZE THE COST OF ONE COMMON ARTHRITIS DRUG, HUMIRA, AMONG SEVERAL DEVELOPED NATIONS. AS AN INJECTABLE MEDICATION FOR ARTHRITIS, HUMIRA IS FREQUENTLY USED TO TREAT PATIENTS WITH RHEUMATOID ARTHRITIS BECAUSE IT’S EASY TO USE AND QUICKLY REDUCES SWELLING. OTHER THAN THE U.S., THE DRUG IS MARKETED TO 14 OTHER COUNTRIES.
  • 5. THE NUMBERS BELOW WERE CONDUCTED FROM A 2015 BLOOMBERG NEWS ANALYSIS, IN WHICH SSR HEALTH, WHICH IS AN INVESTMENT RESEARCH FIRM, USED PRESCRIPTION DATA AND LIST PRICES TO DETERMINE HUMIRA’S SALES IN THE U.S. BEFORE DISCOUNTS WERE APPLIED BY INSURANCE COMPANIES. TO APPROXIMATE THE DISCOUNTS FROM INSURANCE COMPANIES, SSR HEALTH SUBTRACTED THE ACTUAL SALES REPORTED BY THE COMPANIES. THEN, BLOOMBERG COMPARED THE AVERAGE DISCOUNTED PRICE OF A PRESCRIPTION TO LIST PRICES FROM 14 OTHER COUNTRIES, USING LOCAL DATA FROM IHS INC., A DATA ANALYSIS AND CONSULTING FIRM, AND OTHER SOURCES.
  • 6. United States MONTHLY PRICE WITH DISCOUNT FROM PATIENTS’ HEALTH INSURANCE: $2,504.50
  • 20. SO WHY IS THERE ROUGHLY A $2,000 DIFFERENCE IN PRICE FOR THE SAME DRUG? IT ALL REVOLVES AROUND THE COUNTRY’S REGULATORY SYSTEM. BECAUSE THE U.S. GOVERNMENT DOESN’T NEGOTIATE OR REGULATE PRICES OF PRESCRIPTION DRUGS, DRUGMAKERS CAN SELL THEIR PRODUCTS AT WHATEVER PRICE POINT THEY CHOOSE. OTHER COUNTRIES EITHER HAVE GOVERNMENT AGENCIES NEGOTIATE THE PRICE WITH DRUGMAKERS, OR THE COUNTRY’S PUBLIC HEALTHCARE SYSTEM COVERS THE BULK OF THE COST.
  • 21. What are your thoughts on this finding? MICHAABELESMD.COM