Price of drug to prevent preemies jumps from $20 to $1,500 after FDA approval

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- bundlebear
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Since 2003, the American Congress of Obstetricians and Gynecologists has recommended that doctors offer the progesterone shots to high-risk women. But because there has not been a commercial product available, women have obtained the drug from so-called compounding pharmacies, which make it to order. The pharmacies have typically charged about $10 to $20 per shot for the drug, which is given weekly.
Last month, however, the FDA approved a commercial form of the drug, called Makena, manufactured by K-V Pharmaceutical Co. of St. Louis. The company said Wednesday that the drug will be available for shipping March 14 and that it will cost $1,500 per dose. The company said, however, that it would establish a "comprehensive patient assistance program" to ensure that the drug was available to every woman who needs it.
Physicians were incensed at the high price K-V plans to charge. "I've never seen anything as outrageous as this," Dr. Arnold Cohen, an obstetrician at Albert Einstein Medical Center in Philadelphia, told the Associated Press. Other doctors echoed his sentiment. The burden for many will fall on insurance companies, which may have to raise rates. The increase will also affect already strapped Medicaid programs.
About 500,000 U.S. infants are born prematurely each year. The March of Dimes estimates that about 10,000 of those premature births could be prevented if eligible women received Makena.
Meanwhile, women are unlikely to be able to continue to get the drug at compounding pharmacies. K-V sent letters to the pharmacies warning them of potential FDA action if they keep distributing the drug.
http://www.latimes.com/health/boostershots/la-heb-premature-drug-03092011,0,4847...
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- Community, Health, US News, Actual News, 8 more
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- Drugs, FDA, Pharmaceuticals, Big Pharma, 2 more
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kayatz3
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And yet another way to slam womens rights. THESE MEN GOTTA GO! Sorry I'm so angry right now...
- 1 year ago
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kayatz3
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div
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I used to work for an online pharmacy that sold medications and shipped them to customers in the US. I would get customers asking me all the time why meds were so much cheaper in Canada than in the states. I explained to them that it was because the Canadian Government forces companies to limit the prices.
What I really wanted to say was: "i dunno, possibly because our government actually gives a fuck?"
Would've been a tad unprofessional, though.
- 1 year ago
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div
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letsliveinpeace
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Nothing but greed.
- 1 year ago
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letsliveinpeace
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letsliveinpeace
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Progesterone is a female hormone produced by ovaries during release of a mature egg from an ovary, It also use to Treat Brain Injuries in a recent study, a new treatment using Progesterone has been found to help patients who suffr from a traumatic brain injury.
It's reported that it help with hot flashes and night sweats.
Can prevent thousands of premature births.
A woman's body makes the hormone progesterone. Progestin is the man-made form.There are side effects using this Drug.
- 1 year ago
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letsliveinpeace
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MotherForTruth
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Profits... profits...profits with absolutely no regard for life! Is't this a sign of rotted society?
- 1 year ago
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MotherForTruth
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Leen61
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Just big pharma ripping us off again. And what a terrible thing for them to be ripping us off on...preventing premature babies. Big pharma and the corporations are always finding new ways to kill us. Here's an article about this very subject from Mother Jones.
http://motherjones.com/kevin-drum/2011/03/high-cost-premature-babies
- 1 year ago
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Leen61
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LICENTIOUS
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Birth control pills have contained Progesterone since they were created in 1957. So I am confused as to why this article says that there "has not been a commercial product available". This must be an additional approval for use by pregnant women to prevent preemies and this manufacture is taking advantage of the fact that they are the only company with this approval because there are other pharmaceuticals companies that manufacture Progesterone.
I have taken bio-identical hormones which includes Progesterone for years. I have purchased Progesterone in many different forms from both regular and compounded pharmacies. Besides a shot they also have sublingual lozenge, cream, gel and pills.
Hopefully since one company has now gained approval - it will be easier for the others to get approval and the price will come down.
- 1 year ago
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LICENTIOUS
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Itsbatman_Durr
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greedy motherfuckers need to diaf. we need to take the reins back from the corporations and banks before they kill or enslave us all
- 1 year ago
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Itsbatman_Durr
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H2O_4U
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Itsbatman_Durr:
You're just as greedy and we all know it. Hypocritical.
- 1 year ago
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H2O_4U
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Itsbatman_Durr
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H2O_4U:
aww how cute i have a troll follower with a crush on me!! im sorry babydoll but no means no!
- 1 year ago
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Itsbatman_Durr
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H2O_4U
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Itsbatman_Durr:
You can name-call all you want, it doesn't help your case. Greed hurts people and can be stopped!
- 1 year ago
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H2O_4U
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Itsbatman_Durr
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H2O_4U:
i'm the rubber youre the glue everything you say bounces off of me and sticks to you
nyeah nyah
- 1 year ago
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Itsbatman_Durr
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H2O_4U
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Itsbatman_Durr:
You are impossible! As impossible to deal with a rethug, why are you on current complaining about greed when you fucking own a child-labour made ps3?!?! It's hypocritical!! Why don't you see this! What little make up I wear is what make from the plants and organic materials around me!!
- 1 year ago
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H2O_4U
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wtthfkovr
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Just another sign that the government doesn't work for the people, but for corporate America. The argument of the right is that we have the best health care in the world,why would we want to change it, Its only good if you can afford it. Only the rich can have excellent health care
- 1 year ago
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wtthfkovr
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juicie
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If moms to be can use cannabis for morning sickness, they will provide more nourishment to their babies...and studies have shown that infants who test positive for THC metabolites have the lowest rate of failure to thrive syndrome, followed by those who tested negative for drugs, but I forget if opiates or cocaine comes next.
- 1 year ago
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juicie
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twinite
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WTF...that is obscene, and the laws that allow it are obscene too.
- 1 year ago
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twinite
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MDBard
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Its time to revolt and bring this bastards down with the other mega corps.
- 1 year ago
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MDBard
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NiceN
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What the fuck is this medicine or a means to purposely hurt the needy amongst our population?
- 1 year ago
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NiceN
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COMMONSENSEFORCOMMONGOOD_COM
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Yet one more argument for a publicly owned pharmaceutical company. Anything that is life essential, should be permitted to be owned by the public. Medication is a big component of the cost of Medicare and Medicaid, which in turn is a big cost to the public. Consider the percentage that medication takes of the average over 50 person's income. Many of us are effectively enslaved by our pharmaceutical needs. No matter how badly it would be run as a public function; (as capitalist controllers always try to convince us of), it could not cost us more than what it does now! It would have to cost the country much less.
I repeat, in our great reforming of our country, let's establish a national department of pharmaceuticals. Let big pharma shove that up their suppository chute!
- 1 year ago
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COMMONSENSEFORCOMMONGOOD_COM
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samthesixth
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COMMONSENSEFORCOMMONGOOD_COM:
A pubic pharmacy. What a great idea!
- 1 year ago
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samthesixth
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FoosMaster
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Just another reason to push for Single Payer Healthcare. How many reasons do we need before we get the Healthcare that ALL Americans deserve?
- 1 year ago
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FoosMaster
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corderodedios
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And, the exact same drug was approved by the FDA for the same condition in 1956 (Nineteen FIFTY SIX). The FDA originally approved hydroxyprogesterone caproate under the trade name Delalutin in 1956 for use in pregnant women. The approved indications include threatened miscarriage. The original manufacturer requested the withdrawal of Delalutin from the market in 2000 for reasons unrelated to safety. So why was it withdrawn? http://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm242234.htm
- 1 year ago
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corderodedios
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FoosMaster
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corderodedios:
I can answer your question with one word; GREED.
- 1 year ago
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FoosMaster
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artemis6
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corderodedios:
So , it could be Re patented as another drug , mo money , mo money , .... When a patent expires , it become a generic and far less expensive .
- 1 year ago
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artemis6
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corderodedios
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Great post. The industry calls big moneymaker drugs "blockbusters," a term that used to refer to weapons of mass destruction. How apt.
Unless someone's doctor is on the take from Big Pharma, they ought to be able to continue to get the drug from some pharmacies for 20 bucks. The real damage has already been done. The whole scenario is done - check out the stock chart for K-V Pharma. Investors who bet a bundle on K-V (which was predictably a slam dunk) - folks just like you who have plenty of loose money to invest, thousands or even millions, right? - got a HUGE payoff just recently. And your money went into the river of money flowing upwards towards the already wealthy. Even if the drug continues to cost $20, the scam has been run, the payoff made, game's over for the folks in the know.
- 1 year ago
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corderodedios
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CreditFigaro
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Medicine shouldn't be a for-profit part of our economy.
When it costs $20 to make and deliver, but you get charged 95x that just because the company can, then you have an inefficiency.
- 1 year ago
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CreditFigaro
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Milieu
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Pharma, Pharma, we love Pharma
as they Benjamin Dover us again.FRee Market makes things so efficient and cheaper.
- 1 year ago
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Milieu