TV News LIES

Wednesday, Oct 01st

Last update06:10:04 AM GMT

You are here News Health An effective eye drug is available for $50. But many doctors choose a $2,000 alternative.

An effective eye drug is available for $50. But many doctors choose a $2,000 alternative.

E-mail Print PDF

lucentisThe two drugs have been declared equivalently miraculous. Tested side by side in six major trials, both prevent blindness in a common old-age affliction. Biologically, they are cousins. They’re even made by the same company.

But one holds a clear price advantage.

Avastin costs about $50 per injection. Lucentis costs about $2,000 per injection.

Doctors choose the more expensive drug more than half a million times every year, a choice that costs the Medicare program, the largest single customer, an extra $1 billion or more annually.

Spending that much may make little sense for a country burdened by ever-
rising health bills, but as is often the case in American health care, there is a certain economic logic: Doctors and drugmakers profit when more-costly treatments are adopted.

Genentech, a division of the Roche Group, makes both products but reaps far more profit when it sells the more expensive drug. Although Lucentis is about 40 times as expensive as Avastin to buy, the cost of producing the two drugs is similar, according to scientists familiar with the drugs and the industry.

More...


Most Recent Related Stories...


Dallas hospital diagnoses first patient with Ebola

Dallas hospitalThe Centers for Disease Control and Prevention confirmed on Tuesday the first case of Ebola in...

Turmeric may ward off dementia, heal the brain

TurmericA new study by scientists in Germany has found a that a main ingredient in curry...

European Activists Say They Don't Want Any U.S. 'Chlorine Chicken'

Europeans don't want chlorinated chickenMute Schimpf doesn't want to eat American chicken. That's because most U.S. poultry is chilled in...

France to introduce plain cigarette packaging

French crackdown on smokingThe French government has unveiled controversial new measures to cut the number of its smokers, including...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!