Amgen Raises The Oncology Drug Price Bar With Blincyto

The first-in-class bispecific T-cell engager (BiTE) antibody will cost $178,000 for a median treatment regimen of two cycles, the company announced.

Amgen Inc. has priced Blincyto at the upper echelon of cancer drugs, with a wholesale acquisition cost of $178,000 for two treatment cycles, the median duration of treatment for patients who responded in clinical trials in the drug’s approved indication.

The pricing, well above cost of the first cancer immunotherapies to reach the market, will surely raise debate among industry...

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