Humira’s Best-Selling Drug Formula: Start at a High Price. Go Higher.
RisingWorld
2018-01-08
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Humira’s Best-Selling Drug Formula: Start at a High Price. Go Higher.
“I literally couldn’t go away from the house or very far from a bathroom, 20, 25 times in the bathroom all day
long, I can’t imagine living like that,” she said, adding, “I was becoming a hermit because I was so sick.”
Humira, which accounted for nearly two-thirds of AbbVie’s $25.6 billion in revenue in 2016, was not simple to develop.
The industry has argued that high American prices are needed to fund drug development,
but a 2016 study published by the Journal of the American Medical Association found “no evidence of an association between research and development costs and prices; rather, prescription drugs are priced in the United States primarily on the basis of what the market will bear.”
Competitive pressures have been muted.
“I literally couldn’t go away from the house or very far from a bathroom, 20, 25 times in the bathroom all day
long, I can’t imagine living like that,” she said, adding, “I was becoming a hermit because I was so sick.”
Humira, which accounted for nearly two-thirds of AbbVie’s $25.6 billion in revenue in 2016, was not simple to develop.
The industry has argued that high American prices are needed to fund drug development,
but a 2016 study published by the Journal of the American Medical Association found “no evidence of an association between research and development costs and prices; rather, prescription drugs are priced in the United States primarily on the basis of what the market will bear.”
Competitive pressures have been muted.
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