Pharmalittle: Another Alzheimer’s drug failure; HHS wants pharma to voluntarily lower prices

first_img By Ed Silverman June 12, 2018 Reprints Tags agingDonald Trumpdrug pricingpharmaceuticalspharmalittleresearchSTAT+ Ed Silverman Pharmalot Rise and shine, everyone, another busy day is on the way. But busy is good, yes? Moreover, the tasks in front of us are made easier by a shiny sun and cool breeze enveloping the Pharmalot campus. This calls for celebratory cup of stimulation — chocolate cherry decadence is on tap — and, as always, we invite you to join us. Remember, no prescription is required. So there is no need to worry about those tiresome deductibles, copays, or rebates. Isn’t that nice? Meanwhile, here are some items of interest. Hope you have a swell day and please do keep in touch …Eli Lilly (LLY) and AstraZeneca (AZN) ended two late-stage trials of an experimental drug for Alzheimer’s disease after the treatment failed to show any signs of working, adding to a litany of disappointments, Bloomberg News says. Like several others that failed, the drug targeted a protein called amyloid, thought to be a cause of the disease. The class of medicines known as BACE inhibitors operate before amyloid forms into deposits called plaques. Many researchers now believe that administering drugs after amyloid builds up in the brain may come too late to affect Alzheimer’s progress. [email protected] Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Alex Hogan/STAT STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.center_img Log In | Learn More What’s included? Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED @Pharmalot What is it? About the Author Reprints GET STARTED Pharmalittle: Another Alzheimer’s drug failure; HHS wants pharma to voluntarily lower prices last_img read more