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Stock impact report

Breast Cancer Drug Won't Be Offered to 1,000 Patients in England [BNN Bloomberg (Canada)]

DAIICHI SANKYO S/ADR (DSNKY) 
Company Research Source: BNN Bloomberg
The drug, Enhertu, is already used in the National Health Service to treat patients with high levels of a protein called HER2 in breast tumors. However, the National Institute for Health and Care Excellence said Tuesday that it did not recommend it for advanced HER2-low breast cancer — an advanced, late-stage form of the disease — in England and Wales. Scotland approved the drug in December and it's available in 13 other European countries. NICE, as the regulator is known, published its final draft guidance after commercial negotiations ended between NHS England and Daiichi Sankyo, which holds the marketing rights in the UK. “The cost the NHS was being asked to pay was too high in relation to the benefits it provides for it to be recommended for routine use in the NHS,” said Helen Knight, director of medicines evaluation at NICE. She said the decision was disappointing as the drug was a significant development, yet added there was uncertainty over cost-effectiveness and how m Show less Read more
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