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Biotech / Medical : Regeneron Pharmaceuticals
REGN 693.35-0.2%Nov 14 9:30 AM EST

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To: Miljenko Zuanic who wrote (2547)11/2/2018 3:54:18 AM
From: Miljenko Zuanic   of 3559
 
Again, to repeat here something that is *EXTRA NON-ORDINARY* for EYLEA:

pmprb-cepmb.gc.ca

* Eylea had less than 0.1% of the total pharmaceutical market share in the US, the lowest of all PMPRB7 countries.* In UK it is 5.1% or 51X times. For 2016 Medicare Part B , Eylea sale was $2.1B, and in UK was probably less than $400M (where price in UK is ~1/2 of US).

Now, US NIH promoted compounding Avastin for AMD/DME (illegal action by government) and capture 65% volume share for AMD (somewhere less for DME), and inflict *generic* competition where should be none. Still, Trump used Eylea/Lucentis as example of non-competitive drug pricing. IF there is no compounding Avastin, 2016 PartB drug expenditure for Eylea + Lucentis would be ~$9B. There is already ~$6B saving/year from this ILLEGAL government practice.

So, IF REGN/Roche is to take legal action against US government, (as they have right to protect their respective IP), as Novartis/Bayer are doing in EU,.....story would be completely different today.
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