Colorado moves to cap price of arthritis drug Enbrel
It's the first attempt by a state to set a price ceiling on any drug.
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It's the first attempt by a state to set a price ceiling on any drug.
The Colorado Prescription Drug Affordability Board didn't vote on a specific price ceiling for Enbrel, which will come later.
A Colorado board voted to move forward with setting a price ceiling on the arthritis drug Enbrel on Friday, a first-in-the-nation step that raises questions about whether a single state can reduce drug costs without unintended consequences.
A Colorado board voted to move forward with setting a price ceiling on the arthritis drug Enbrel on Friday, a first-in-the-nation step that raises questions about whether a single state can reduce drug costs without unintended consequences.
Drugmakers whose products have gone before the board have raised alarms that Colorado patients may no longer be able to buy their drugs if the state sets a maximum price, while consumer advocates said they were bluffing to protect their revenues.