Friday, April 19, 2019

Peter Bach and Mark Trusheim: Upending Biosimilar Pricing

Two blogs on why biosimilar pricing doesn't work, and why it won't work, and why we should treat the first biosimilar as a strongly regulated monopoly when it's patent expires.  Health Affairs, Blogs, April 2019.

https://www.healthaffairs.org/do/10.1377/hblog20190405.396631/full/

https://www.healthaffairs.org/do/10.1377/hblog20190405.839549/full/

Herper and Silverman discuss the plan in STAT

https://www.statnews.com/2019/04/15/peter-bachs-latest-crazy-idea-give-up-on-biosimilars-regulate-drug-prices-instead/

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In 2017, Bach and Trusheim suggested it was cheapest for US Govt to buy Gilead.

https://www.forbes.com/sites/sciencebiz/2017/01/17/the-u-s-government-should-buy-gilead-for-156-billion-to-save-money-on-hepatitis-c

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For earlier work by Trusheim, see Berndt & Trusheim, 2017, article on precision medicine and game theory, here or here.  (Quinn has ms. PDF).   This is a chapter in a 2019 book, "Economic Dimensions of Personalized and Precision Medicine," Univ Chicago, here.   Etextbook, $123 here.  Release date 4/22/2019.



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