Pharmaceutical Company Hiking Price Of Drug That Prevents Premature Births From $10 to $1,500
Next week, the cost of preventing premature childbirth will skyrocket when a drug given to high-risk pregnant women goes from around $10 a dose to $1,500 a dose. The drug, called Makena, which has been made cheaply for years and is given as a weekly shot, could make the total cost during a pregnancy as much as $30,000. Why? Because KV Pharmaceutical of St. Louis recently won FDA approval to exclusively sell Makena last month.
The issue, doctors say, is that “the price hike may deter low-income women from getting the drug, leading to more premature births.” “That’s a huge increase for something that can’t be costing them that much to make,” said Massachusetts’s Medicaid deputy medical director Dr. Roger Snow. “For crying out loud, this is about making money,” he added. Ther-RX launched a patient assistance program Tuesday to help alleviate the cost for some women.
What’s more, KV is seeking to prevent other pharmaceutical companies from producing a cheaper version.