Healthy Returns: Drugmakers are capping inhaler prices at $35 in a win for some patients [CNBC]
AstraZeneca PLC - American Depositary Shares (AZN)
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Source: CNBC
Good afternoon! Inhalers will soon get a whole lot cheaper for some Americans. Three of the world's largest inhaler makers have agreed to cap the out-of-pocket price of their inhaler products and similar inhaled medicines at $35 a month for certain U.S. patients. British drugmaker GlaxoSmithKline announced its cost cap last week following similar moves by AstraZeneca and the privately held Boehringer Ingelheim. But there's one holdout: Teva Pharmaceuticals, another major inhaler manufacturer, has not made a similar commitment. The cost caps from the three other companies won't go into effect immediately. They also didn't come from out of nowhere. In January, Sen. Bernie Sanders and other members of the Senate Committee on Health, Education, Labor, and Pensions launched an investigation into why all four companies charge more for inhalers in the U.S. than in other countries. It adds to the years of political scrutiny and public outrage that the broader pharmaceutical indus
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