Cargando…

Antiparasitic Drugs in the United States—Two Roads to High Prices

High prescription drug prices contribute significantly to healthcare spending in the United States and compromise patients' access to quality medical care. A number of factors allow drug manufacturers to set much higher prices in the US than in other comparable high-income nations. Price-contro...

Descripción completa

Detalles Bibliográficos
Autores principales: Shahriar, Arman A., Alpern, Jonathan D.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8022742/
https://www.ncbi.nlm.nih.gov/pubmed/33869491
http://dx.doi.org/10.3389/fsoc.2020.540478
_version_ 1783674996019691520
author Shahriar, Arman A.
Alpern, Jonathan D.
author_facet Shahriar, Arman A.
Alpern, Jonathan D.
author_sort Shahriar, Arman A.
collection PubMed
description High prescription drug prices contribute significantly to healthcare spending in the United States and compromise patients' access to quality medical care. A number of factors allow drug manufacturers to set much higher prices in the US than in other comparable high-income nations. Price-control depends primarily on the entry and persistence of generic products following the expiration of the market exclusivity period granted to the manufacturer of the brand name drug. Unfortunately, barriers to generic entry are common, allowing off-patent drugs like albendazole to remain relatively expensive despite having been marketed in the US for decades. By contrast, miltefosine became FDA approved more recently and has maintained a high price tag by way of a novel incentive program—the neglected tropical disease (NTD) priority review voucher (PRV) program. The voucher has a high market value and can be sold or transferred well before the drug for which it was awarded becomes available on the market. While both drugs are used to treat parasitic infections that are uncommon in the US, they differ by market and regulatory conditions—each telling an interesting pricing story.
format Online
Article
Text
id pubmed-8022742
institution National Center for Biotechnology Information
language English
publishDate 2020
publisher Frontiers Media S.A.
record_format MEDLINE/PubMed
spelling pubmed-80227422021-04-15 Antiparasitic Drugs in the United States—Two Roads to High Prices Shahriar, Arman A. Alpern, Jonathan D. Front Sociol Sociology High prescription drug prices contribute significantly to healthcare spending in the United States and compromise patients' access to quality medical care. A number of factors allow drug manufacturers to set much higher prices in the US than in other comparable high-income nations. Price-control depends primarily on the entry and persistence of generic products following the expiration of the market exclusivity period granted to the manufacturer of the brand name drug. Unfortunately, barriers to generic entry are common, allowing off-patent drugs like albendazole to remain relatively expensive despite having been marketed in the US for decades. By contrast, miltefosine became FDA approved more recently and has maintained a high price tag by way of a novel incentive program—the neglected tropical disease (NTD) priority review voucher (PRV) program. The voucher has a high market value and can be sold or transferred well before the drug for which it was awarded becomes available on the market. While both drugs are used to treat parasitic infections that are uncommon in the US, they differ by market and regulatory conditions—each telling an interesting pricing story. Frontiers Media S.A. 2020-10-22 /pmc/articles/PMC8022742/ /pubmed/33869491 http://dx.doi.org/10.3389/fsoc.2020.540478 Text en Copyright © 2020 Shahriar and Alpern. http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Sociology
Shahriar, Arman A.
Alpern, Jonathan D.
Antiparasitic Drugs in the United States—Two Roads to High Prices
title Antiparasitic Drugs in the United States—Two Roads to High Prices
title_full Antiparasitic Drugs in the United States—Two Roads to High Prices
title_fullStr Antiparasitic Drugs in the United States—Two Roads to High Prices
title_full_unstemmed Antiparasitic Drugs in the United States—Two Roads to High Prices
title_short Antiparasitic Drugs in the United States—Two Roads to High Prices
title_sort antiparasitic drugs in the united states—two roads to high prices
topic Sociology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8022742/
https://www.ncbi.nlm.nih.gov/pubmed/33869491
http://dx.doi.org/10.3389/fsoc.2020.540478
work_keys_str_mv AT shahriararmana antiparasiticdrugsintheunitedstatestworoadstohighprices
AT alpernjonathand antiparasiticdrugsintheunitedstatestworoadstohighprices