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Biotech / Medical : Biotech Valuation
CRSP 54.66-1.5%3:59 PM EST

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To: Icebrg who wrote (8140)4/14/2003 4:44:57 PM
From: Biomaven  Read Replies (1) of 52153
 
Erik,

No breakdown given, so doubtless some was for psoriatic arthritis and some for straight psoriasis.

Yes indeed it is possible in the US to be reimbursed for off-label use. Remember that a large portion of chemotherapy is in fact off-label. However, health insurers have more discretion when it comes to off-label reimbursement. Actimmune is a good example - no label for IPF, but about 70% of private insurers reimburse the $50k annual cost.

Peter
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