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Genentech, Amgen Face Big Impact From Part B International Pricing Index

 
• By Cathy Kelly

Medicare spending on Genentech’s Rituxan and Lucentis, and Amgen’s Neulasta and Prolia/Xgeva, would have been $3.8bn less in 2016 using the proposed international pricing index model, CMS estimates.

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Genentech Inc. and Amgen Inc. could face major reductions in US prices for important drugs if the Medicare Part B international pricing index model demonstration project moves ahead as currently envisioned.

Announced by the Centers for Medicare and Medicaid Services Oct. 25 in an advance notice of proposed rulemaking, the...

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