Of course, he's a flaming liberal, what did you expect?? Another example of liberals trying to shove their beliefs down the throats of our brightest young folks who are just starting out.
73, put down the crack pipe and do some research. Have you checked the price of other steroid alternatives used to treat these difficult diseases/conditions? They actually cost more than Acthar. Acthar is priced according to what the market will bear to treat these conditions. End of story....
No way in hell she is paying $18k/month sorry. More importantly, did you ask her how her health is since being on Tysabri?? You can't put a price tag on someone's health when they have aggressive MS.
True Mikey but companies have had over 60 years to bring a generic ACTH to market and nobody has. Why do you think that is? It is a very difficult molecule to replicate without significant investment by said company.
Yep I remember they said the same thing about QCOR and look how that turned out haha!! In order to mandate lower drug prices, it has to go through legislation which will take years at best. In the meantime, MNK will continue to generate over $1b in free cash flow on an annual basis. Those are the facts!!
I see the language but the point I'm making is that this was the same exact policy that most of these payers had anyway, before the wording was added. Patient's had to fail other treatments before Acthar would be covered. Same back then as it is today. Nothing really new.
This has been the case with Acthar for the last 4 years. It was NEVER approved first line and you had to prove failure to other meds first before it would be covered. Don and Steve reiterated that many times during earning's calls. Nothing has changed in those regards. Nothing at all!!
The entire sector is getting killed, including Gild. If you have the time, stay put and be patient.
Don might be smarter than Mark but Mark is way smarter than Andrew. Next time you talk to Andrew, tell him he may want to learn how to pronounce Acthar before he goes on national television and rants about it haha!! He sounded like an unprepared, uneducated dumb dumb!!