A New Drug Price Milestone

Much like Genzyme’s Ceredase did two decades ago, Novartis’ Zolgensma is setting a new pricing benchmark. The first million-dollar product is launching in the US and it will actually cost more than $2 million.

milestones

The modern era of orphan drug pricing began in 1991, when Genzyme Corp.launched the Gaucher’s disease treatment Ceredase at a price that would translate into first year treatment costs of more than $200,000 for newly diagnosed patients.

At a time when the first wave of biotechnology therapies were generating headlines for prices in the thousands of dollars...

Pink Sheet Podcast

Learn what's happening at the US FDA. On the go.

Derrick Gingery and the team bring you a weekly "Drug Fix".

More from Pricing Debate

More from Market Access