Patients Push Biden HHS to Act as Pharma Firm Charges $190K for Lifesaving Prostate Cancer Drug

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Patients Push Biden HHS to Act as Pharma Firm Charges $190K for Lifesaving Prostate Cancer Drug
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'Cancer does not wait, nor should cancer patients have to wait for years for their government to act,' health access advocates assert in a letter asking HHS to invoke 'march-in rights' to secure lower prices for the $190,000/yr prostate cancer drug Xtandi.

—under which the government can grant patent licenses to companies other than a drug's manufacturer—for enzalutamide, which is sold under the brand name Xtandi.

"Meanwhile," the letter continues,"HHS has not taken any action on our petition despite assurances" from the National Institutes of Health that the request would be reviewed within a month. Two companies—Japan-based Astellas and Medivation Inc., a San Francisco biotech firm—developed Xtandi. When Pfizer paid $14 billion to acquire Medivation in 2016, the pharma giant's then-CEO, Ian Read,that"the value of Xtandi and its future growth potential was the principal driver" of the deal.Los Angeles Times

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