Humira: The Most Financially Successful Drug Ever!
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- เผยแพร่เมื่อ 20 ต.ค. 2024
- Humira: The Most Financially Successful Drug Ever!
Humira has made $200 Billion over the course of its pharmaceutical life. The original Humira patent expired, but the makers of Humira--AbbVie--filed an additional 132 patents and extended its patent-life to 2023.
During that time, AbbVie raised the price of Humira 30 times from $522 per syringe to $2,984 per syringe. It now costs $78,000 per year to treat one patient with Humira.
Consequently, AbbVie rose to be worth $270 Billion and is the 23rd most valuable company on the stock market... $80 Billion larger than the Walt Disney Company.
Express Scripts, Optum and Prime Therapeutics will offer biologic alternatives to Humira in 2023, but CVS Caremark has yet to announce any alternative to the expensive medication.
Humira shows how completely ineffective PBMs are in controlling specialty pharmacy costs.
Alternative solutions include: 1) Travel to Mexico/Canada to buy specialty drugs for less, 2) Hire own specialists (e.g. rheumatologists) who will be better stewards of the employers resources while still following clinical best-practices, 3) Have lawyers try to get plan members that take specialty medications on Disability so that Medicare will cover their medication costs, 4) Legislative Advocacy to counter the Pharma lobbying that allowed for confiscatory pricing of specialty pharmacy medications.
Sources:
www.fiercephar...
news.bloomberg...
www.fierceheal...
www.prnewswire...
www.bloomberg....
www.biopharmad...
clincalc.com/D...
endpts.com/hou...
www.liberateds...
www.fiercephar...
nces.ed.gov/fa...
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Thank you, as always, Dr. Bricker, for keeping us aware of the never ending ways our health care system exploits us. 😢
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This is why those companies are never going to come out with a cure for anything.
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Wow! This was such an entertaining way to present an educational topic.Some teaching videos can out people to sleep, but my interest was kept this entire time. Kudos!
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Absolutely. I love his natural manner of speaking lol. Try slapping on a lavalier mic tho it’ll remove all the room ambience and focus your voice perfectly.
You are amazing. i am in a leadership position for over a decade and this is all new to me. Thanks for educating us.
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I was talking to someone about this the other day!!!
Great vid!!!
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Excellent Explanation!
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Another great video as always!! - Thanks for all your efforts!
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Feeling Fatigued?
Humira - F#&k You Pay Me!
Got Swollen Glands?
Humira - F#&k You Pay Me!
Having Abdominal Pain Or Digestive Issues?
Humira - F#&k You Pay Me!
omg! those are the side effects? my doctor just prescribed the medicine
These pharmaceutical companies make so much profits but charge a fortune. Sadly, some people are not able to get great medications due to cost. So much greed
Thank you for watching and sharing your thoughts.
Dr. Bricker, I just started following you a few weeks ago and the videos are fantastic!! Do you think ICER could have a bigger role to curb healthcare spending? Although the situation in the US is just not acceptable, regions that have strict pricing controls e.g. Europe now starting to see companies deciding not to launch drugs there e.g. bluebird bio... it is a difficult balance, but clearly US is situation is not sustainable...
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Thank you Dr. Bricker. Two questions if you dont mind answering them. Why do you not have a podcast already? Would you consider doing an overview on the upcoming biosimilar landscape, specifically price points and benefits of specific drugs despite them being considered therapeutic equivalents?
I’m a frequent guest on other podcasts. Otherwise, I stick to my knitting… whiteboards. 😉
Thank you for your suggestion.
My Ophthalmologist and Rheumatologist want me on Humira for uveitis. I declined because I am scared of the side effects. They don't seem to know of any other options. I am doing alternative medicine now.
Thank you for watching and sharing your experience.
Good for you for declining. It is your choice and your body. All the best to you for the future.
@@MissMarceline-wp6oq thank you so much
omg my doctor wants me on Humira too! can you tell me what is that you are doing? i have spondylitis
@@MandinaCasas unfortunately supplements did not help birdshot uveitis, and I feel that I have no choice but to take the traditional path. I have been on Humira for six weeks but it hasn't kicked in. The only thing which had helped me in the past were steroid implants with horrible side effects. I have been praying for a miracle because I feel trapped in a vicious cycle. I hope you have more success. Please, keep me posted. 😞🙏🌞
I’ve been on methotrexate for several years. I was on plaquenil many years until it started affecting my eyes and doctor said no more. I’ve tried sulphasalazine. Used Motrin. All these are no longer helping so now I’ve been given Humira. I’m not so happy about the cost! No so happy about not being able to move pain free either.
I’m sorry. Thank you for sharing your experience.
Humira is helping you?
Now that the biosimilars are out, I’d be curious if you could make a video explaining how CVS benefits from their new company Cordavis distributing Hyrimoz and Humira with their own unique NDCs, as opposed to just using the products from Sandoz and Abbvie for their plans and specialty pharmacy.
Great topic. Thank you for your suggestion.
Thanks for the great video. If you’re looking for a video idea, would love a video explaining the relationship between a company like GoodRx, PBMs, pharmacies, and providers. Thanks!
Thank you for your suggestion.
I'm here because I learned this medicine may help me with hs 😢 but quickly found out about the cost of it... crazy
Thank you for sharing your thoughts.
I’m on it and it’s $6,200 with good rx per month
😲 Thank you for sharing.
Happily about to start imraldi a biosimilar. A fraction of the cost
Great News!!
As a follow up can you go further upstream and do a video on the political and lobbying up at the headwaters of our US healthcare problems: for med price gauging there is so little price control in the US for medications and meaningful policing of patent limits (so highlight the Us legislation process and congressional committees, how regulatory bodies are told to work and have severe limits, how the money flows). Perhaps highlight as an example of pricing related corruptions you could show Medicare price negotiation was shockingly blocked by Big Pharma via legislation.
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@@ahealthcarez
This is not an answer to my question. thanks
Thank you Dr. Bricker for this eye opening video! What is your opinion on deregulating the laws around import of medicines from other countries which are currently limited to a 90 day supply?
Wouldn’t the ability to import biosimilars from countries with cheaper alternatives be a potential solution?
Yes. Should be allowed with proper oversight for safety. Thank you for watching.
This made me feel sick.
I’m sorry that happened.
I know! Just send Martin Shkreli to jail as a scape goat to show the pharma industry we mean business and won't tolerate this!
Thank you for your comment.
I was getting my thought Addy assist as of January 2025 my out of pocket is 2000.00 a month I no longer qualify for assist from Abby it's been good for me but now idk I don't have that kind of money for one drug smh its not affordable
Ugh! Thank you for sharing your experience.
Ozempic enters chart.
#Agreed
The creator of humira should take it themselves
Thank you for sharing your thoughts.
Yep to bad didn't don't have stock ! Ugg what works the same! Less expensive idk
Thank you for watching.
making money on our soul 😢
#True. Thank you for watching.
I don’t wanna beee a dummy sooo they keep trying on meeeee and they just started i hate my life 😢😢😢😢😢😢😢 wanna bee healthy
I’m sorry.
Sorry it's a bummer don't get depressed it will make you worse