orphan drugs

Joel Zimmer

Decades-Old Drug Approved By FDA, Gets 7,300% Price Hike

Last week, the Food and Drug Administration announced that a drug previously not officially available to patients in the United States had been approved. Deflazacort, a corticosteroid, has been shown to be useful and life-prolonging for patients with Duchenne muscular dystrophy, a rare and fatal disease. Its U.S. launch has been delayed, however, after lawmakers questioned the dramatic price hike that came with its debut here. [More]

Edward Kammerer

Here’s How AstraZeneca Is Trying To Block Generic Crestor For 7 More Years

How long should a drug company be allowed to be the exclusive manufacturer and seller of their product? Crestor, a best-selling statin (cholesterol-lowering drug) that has enjoyed exclusivity for the last 12 years, is due to lose that protection today. AstraZeneca, the maker of Crestor, is fighting that decision, hoping to squeeze a little more time as the drug’s exclusive manufacturer before generics hit the market. [More]