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Replies to post #24715 on Ariad Pharmaceuticals Inc fka ARIA
JJM760
12/23/12 11:14 PM
#24716 RE: Moanrch #24715
"The huge gorilla in the room is that imatinib is going to become generic,” notes Charles Schiffer, a hematologist-oncologist at Wayne State University School of Medicine’s Karmanos Cancer Institute in Detroit. Novartis’s patent on the drug, which accounted for an estimated $4.7 billion in global sales this year, will expire in 2015 in the US, 2016 in the major EU countries and 2014 in Japan. “So, the issue is whether cost will or should be the driver, and many of us think it should and will be.”
micanwait
12/24/12 7:22 AM
#24717 RE: Moanrch #24715