In this Pharmaceutical Executive video interview, Currax Pharmaceuticals, CEO, George Hampton, discusses why their drug isn't experiencing the same supply issues as the bigger names in the space.
For contrast, your company, in the same space, isn’t experiencing any type of supply issue and your price point per month is drastically lower, can you tell me why?
Well, so the pricing piece is that we've put this this band aid in place this bridge called Pure access to try and make sure patients can receive the medication for $99. If every patient that needed to be on Contrave had access to Contrave, we would be having the same problem. But you know, I can tell you we you know, we have we have maximized our production capacity in 2023. So, we made as much as we could possibly make in 2024, we're standing up a second manufacturing site in Europe for you know, because we're dealing with a very, very rapid demand issue worldwide. And so, you know, we were staying, we've been fortunate to stay ahead of the curve on all of that. But who could have who could have predicted this, this you call it a craze, I think earlier in the early in the interview, is I think we have people seeking obesity care for the right reasons, I think we have certain people that just are trying to lose a couple pounds and look better. If we can keep these medications in the short term here, not restricted, but focused on patients who are really in need, we can make a real difference in this disease, there's no doubt about it. And as more companies come in, and they are the pipeline is very, very rich, in across the cross the obesity landscape. I think for me, by the time we're talking again, in 2030, we're going to see an entirely different situation.
IMF Chief Medical Officer Discusses Global Initiatives to Improve Myeloma Treatment
August 20th 2024In an interview with Pharm Exec Associate Editor Don Tracy, Joseph Mikhael, chief medical officer, IMF, offers a glimpse at multiple initiatives that the IMF is working towards to improve myeloma treatment globally.
AbbVie Presents New Data from Antibody-Drug Conjugates Across Multiple Indications at ASCO 2024
June 13th 2024In an interview with Pharm Exec Associate Editor Don Tracy, Pedro Valencia, VP, Solid Tumor Pipeline Strategy & Execution, AbbVie, discusses data presented at ASCO from ABBV-400 and ABBV-706 in multiple studies.
Planning for Unique Challenges Faced by Cell & Gene Therapy Developers
May 8th 2024In an interview with Pharm Exec Associate Editor Don Tracy, Melissa Lattanzi, VP, Emerging Therapies, Cencora, discusses the unique challenges that developers of cell and gene therapies need to plan for when building their channel strategy.
Pricing Climate Impacting Commercial Considerations
May 3rd 2024In this Pharmaceutical Executive video interview, Jesse Mendelsohn, senior vice president at Model N, talks about the influence of Medicare Part D drug price negotiations on manufacturer go-to-market strategies and decision-making, and the industry’s response to the wider dialogue on pricing transparency.