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MAY 9, 2018

Generics May Not Mean Big Savings in Specialty

By Marie Rosenthal, MS

Generic drug options did not reduce prices paid for the cancer therapy imatinib (Gleevec, Novartis).

After nearly two years of generic competition, the price for a month of treatment dropped by only 10%, according to authors from Vanderbilt University School of Medicine (VUSM) and the University of North Carolina at Chapel Hill (Health Aff 2018 May 7. [Epub ahead of print]).

“Most estimates of price reductions due to generic entry assume prices will drop by as much as