STAT+: Pharmalittle: Pfizer projects lower revenue from Covid-19 products; Medicare eyes policy for paying less for accelerated-approval drugs

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A Medicare official hinted the program might test a policy of paying less for drugs that receive so-called accelerated approvals than for medicines that are granted traditional approvals, STAT tells us. The U.S. Food and Drug Administration uses accelerated approvals to make promising drugs for serious conditions available to patients sooner. The program is widely considered a success and has worked well for many drugs, but not all work out. Accelerated approvals were withdrawn for about 12% of drugs as of the end of 2021. Medicare officials may consider requiring drugmakers pay extra rebates to the government until accelerated approval drugs receive full approval.

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