orphan drugs
also referred to as: orphan drug
2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jun 1, 2020 by Clark Futch · across every show →
Everything said about orphan drugs, oldest first
Jun 1, 2020 bullish
Futch: Orphan drugs preserve pricing power because rare disease costs are negligible to insurers
“The drugs are very expensive, but it's a very small line item on any insurance plan as opposed to cholesterol or diabetes or things that affect millions and millions of patients. So your pricing power there is better and therefore makes it more attractive and …”
Jun 1, 2020
Futch: US Orphan Drug legislation grants seven years of market exclusivity
“In order to make it economically attractive, the government put in legislation that said if you do it, and you have to go through an FDA regulatory review, We will give you seven years of exclusivity where we will not approve another drug that does the same th…”