The Sky-High Price of Chemotherapy: Why

May 14 [Tue], 2013, 11:54
As if its not bad enough to find out you have cancer, nearly all cancer patients have to also contend with how to pay for treatment, including somehow managing the sky-high cost of drugs (chemotherapy). It seems like insult to injury (quite literally), right?

Overall, cancer drug prices are skyrocketing. Of the 12 drugs approved by the Food and Drug Administration for various cancer conditions in 2012, 11 were priced above $100,000 for a year of treatment. Writing in an op-ed in thein October 2012, three physicians at New York Citys Memorial Sloan Kettering Cancer Center noted that the typical new cancer drug coming on the market a decade ago cost $4,500 per month (in 2012 dollars); since 2010 the median price has been around $10,000.

 



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