iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Sanofit Halves Price For Cancer Drug Following Sloan-Kettering Rejection

Capitalism!

“Ignoring the cost of care is no longer tenable,” they wrote. ”Soaring spending has presented the medical community with a new obligation. When choosing treatments for patients, we have to consider the financial strains they may cause alongside the benefits they may deliver.”

Sanofi executives argued that the price they had set was very similar to that of Avastin. “The intent was not to charge a premium,” Christopher A. Viehbacher, the chief executive of Sanofi, said in an interview last month.

Full Article

If you enjoy the content at iBankCoin, please follow us on Twitter