TV News LIES

Monday, Feb 19th

Last update05:20:13 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...


Florida shooting reopens CDC gun research debate

CDC gun research debate opened up after Florida shootings A mass shooting at a Florida high school that left 17 people dead has reopened a debate in Congress...

Flu gone in a day? Japanese maker touts new drug

Flu drugs from Japan may cure in one day A single-dose pill that can halt the flu virus within a day. That's what Japanese drug maker...

New blood, urine tests can determine autism in children

New tests to detect autism in childrenBritish researchers believe they have developed the first blood and urine tests that can confirm autism...

Koch-backed group fights paid sick leave laws as flu sweeps US

KOch backed group fights health leaveThis week marks 25 years since Bill Clinton signed the Family and Medical Leave Act, which...
 
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!