Quantifying the Wrong Value: Pete continues to have questions about drug pricing - especially ICER's work in determining a medication's value. Watch as the Professor shows Pete that there is a lot of value in the medication he takes because it makes him feels better. He also points out the many flaws in ICER's analyses.
As they approach the end of the Drug Pricing Maze, the Professor and Pete explore reforms to fix a broken system and encourage the use of cheaper biosimilars that can help patients and the health care system save big. They also learn what can be done to make very expensive gene therapies that provide a lot of value for patients more affordable and accessible.
Sage the Detective Dog digs up clues on biologics and gene therapies – drugs that offer tremendous value for patients but are some of the most expensive drugs. Along the way, the Professor and Pete Paystoomuch learn that there are many distinct challenges to develop markets for competition and lower drug costs for each unique class of drug.
Prof. Salvare and Pete Paystoomuch join Sage the Detective Dog in searching the Drug Pricing Maze for clues about why drug prices are so different. Along the way, they learn that drug prices vary because there are so many different types of drugs, and how we make orphan drugs that treat patients with rare diseases affordable and accessible.