Jagpreet Chhatwal, PhD, a Senior Scientist at the ITA and an Assistant Professor in Radiology at Harvard Medical School was recently quoted in Stat News. In their analysis in the Journal of Clinical Oncology, a Massachusetts General Hospital (MGH)-led research team demonstrates how, at current prices, new targeted therapies for CLL – the most common form of leukemia in the western world – could financially burden patients and payers.
From the article:
"'It’s a disturbing concern,' said one of the study authors, Jagpreet Chhatwal, who is an assistant professor at Harvard Medical School and a senior scientist at the Institute for Technology Assessment at Massachusetts General Hospital. 'And it’s happening now in CLL… Drug prices have to come down to make them more effective and more affordable.'
He suggested that CLL prices should be rolled back by at least 50 to 75 percent to make the medicines more cost effective. The researchers noted that, while the standard measurement of cost effectiveness is whether a medicine costs less than $100,000 for each additional year of life gained, the projected cost of CLL pills is $189,000."
Other authors of the study are Co-lead authors Qiushi Chen, PhD of the ITA, and Nitin Jain, MD of the University of Texas M. D. Anderson Cancer Center. Additional authors are Turgay Ayer, PhD, MSc, Georgia Institute of Technology; William Wierda, MD, PhD, Michael Keating, MBBS, and Hagop Kantarjian, MD, University of Texas M.D. Anderson Cancer Center; Christopher Flowers, MD, Emory University; and Susan O’Brien, MD, University of California Irvine Medical Center.
To read the entire article, please visit https://www.statnews.com/pharmalot/2016/11/21/leukemia-drug-prices/