September 29, 2022

PROVIDENCE — The corporate, co-founded by Rhode Island-based Blue Cross and Blue Defend, in addition to the Blue Cross Blue Defend Affiliation and different BCBS well being plans, introduced the debut of its first low-cost generic.

CivicaScript, a co-founder based in 2020, says its first product, a drug to deal with prostate most cancers that has unfold to different elements of the physique, is now out there.

His abiraterone acetate tablets will price about $160 for a month’s provide of 120 tablets. The value is about $3,000 much less monthly than an individual with Medicare Half D at present pays.

The drug, which is often prescribed in tandem with prednisone, a steroid, may also be out there to these with business medical insurance. It’s going to initially be out there by Lumicera Well being Companies and Intermountain Healthcare, with extra pharmacies added over time.

“We’re thrilled that our strategic partnership with CivicaScript is bringing a brand new, low-cost different to market,” mentioned Martha L. Wofford, Blue Cross CEO and President. “Combating the unsustainable rise in the price of pharmaceuticals and the struggle for affordability for our members is a prime precedence for BCBSRI, and we stay up for serving to deliver extra low-cost options to insulin and different life-saving medicines to market.”

In 2024, topic to FDA approval, CivicaScript hopes to launch insulin in Lantus, Humalog, and Novolog compliant formulation at a advised value of $30 per bottle and $55 for a field of 5 syringe cartridges. – pens.

Elizabeth Graham is a PBN contributor.

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