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Amgen prices Blincyto at a premium

Dec. 17, 2014 2:06 PM ETAmgen Inc. (AMGN) StockAMGN, BMY, MRKBy: Douglas W. House, SA News Editor6 Comments
  • According to Bloomberg, Amgen (AMGN +1%) intends to charge $178,000 per standard course of treatment for its blood cancer therapy, Blincyto (blinatumomab). The price assumes two cycles of treatment at $89,000 per cycle, the median duration of treatment for patients who responded to therapy in clinical trials.
  • For comparison purposes, Merck's (MRK +0.7%) Keytruda (pembrolizumab) costs $150,000 per year and Bristol-Myers Squibb's (BMY +2.2%) Yervoy (ipilimumab) costs $120,000 per course.
  • Previously: FDA clears Amgen blood cancer immunotherapy (Dec. 3, 2014)

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