Lexology February 15, 2023
Morgan, Lewis & Bockius LLP

The Centers for Medicaid and Medicare Services (CMS) announced a model on February 14, 2023 that would allow CMS to pay less for drugs approved via FDA’s accelerated approval pathway before a clinical benefit has been confirmed by the required confirmatory studies. CMS stated:

Some drugs are approved before they have established evidence of improvement in a clinical endpoint, which is called accelerated approval. CMS would develop payment methods for drugs approved under accelerated approval, in consultation with the Food and Drug Administration, to encourage timely confirmatory trial completion and improve access to post-market safety and efficacy data. This would reduce Medicare spending on drugs that have no confirmed clinical benefit.

In a US Department of Health and Human Services...

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Topics: Biotechnology, CMS, FDA, Govt Agencies, Insurance, Medicare, Patient / Consumer, Payment Models, Pharma, Pharma / Biotech, Provider, Value Based
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