TV News LIES

Saturday, May 28th

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...


96-year-old Heimlich uses namesake maneuver on choking woman

Henry HeimlichThe 96-year-old Cincinnati surgeon credited with developing his namesake Heimlich maneuver recently used the emergency technique...

BMX Legend Dave Mirra Had CTE When He Died

Dave MirraBMX icon Dave Mirra, who died in February, suffered from the type of chronic brain damage...

Cell phone radiation may cause cancer, new government study finds

Cell phone use may cause cancerIt’s the news everyone has been dreading: That little cell phone that people use all the...

Family of Tony Gwynn files wrongful death lawsuit against tobacco industry

Tony Gwynn The family of Hall of Fame baseball player Tony Gwynn has filed a wrongful death lawsuit...
 
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!