Live data from Hacker News

Hospitals and universities repurposing drugs at lower cost

kcl.ac.uk

111–120 of 189 posts

Re: Hospitals and universities repurposing drugs at lower cost

#111
post #100
post #77

I’m currently on Spravato, which is fully emblematic of how broken the incentives in the US healthcare system are. Spravato is esketamine - a modified version of ketamine. Ketamine is made up of mirror image molecules and esketamine is the right-handed molecule. They did this because ketamine is off-patent so they needed to modify it in order to patent it, however there is evidence that esketamine is a less effective…

Blame the FDA on that one. The FDA's policy for the last couple of decades is that mixtures of mirror images will not get FDA approval unless there is a strong rationale for it. Racemic mixture of ketamine was approved decades ago. If you want a new indication for ketamine, you will need to get approval for a single mirror image, as the FDA won't approve the old drug. They did this because there are numerous examples…

>but your doctor is heavily incentivized to use the new version as the markup on the drug is much, much higher.

I don't think it is normal/usual for doctors to receive any benefits or profits from which drugs they prescribe. Other than golf outings with the drug company reps? Is there something I'm missing?

Re: Hospitals and universities repurposing drugs at lower cost

#112

I have a little insight here from working with ophthalmologists. When the article mentions "using a cancer drug to treat a leading cause of blindness" it's talking about using Bevacizumab (brand name Avastin) to treat macular degeneration. Avastin and Lucentis are molecularly the same drug. The difference is that Avastin isn't packaged to be injected into eyeballs, and Lucentis is. Also, Avastin costs about $50/dose,…

They have similar targeting but are not the same molecule.

Re: Hospitals and universities repurposing drugs at lower cost

#113
post #83
post #77

I’m currently on Spravato, which is fully emblematic of how broken the incentives in the US healthcare system are. Spravato is esketamine - a modified version of ketamine. Ketamine is made up of mirror image molecules and esketamine is the right-handed molecule. They did this because ketamine is off-patent so they needed to modify it in order to patent it, however there is evidence that esketamine is a less effective…

> It would be in the insurance companies’ interests to band together to fund the research so they can save huge amounts of money in the long term but they do not do this. Insurance companies do not want cheaper care. In the US, insurance companies must spend 80% of premiums on care. So if you pay $1k/mo, they have to pay out at least $800/mo in care. (Not to you specifically, but averaged out across all subscribers.)…

Large swaths of US insurance are underwritten by employers, with the insurance companies acting as contracted administrators. Employers don't have the incentives you list.

Re: Hospitals and universities repurposing drugs at lower cost

#114

I have a little insight here from working with ophthalmologists. When the article mentions "using a cancer drug to treat a leading cause of blindness" it's talking about using Bevacizumab (brand name Avastin) to treat macular degeneration. Avastin and Lucentis are molecularly the same drug. The difference is that Avastin isn't packaged to be injected into eyeballs, and Lucentis is. Also, Avastin costs about $50/dose,…

Compounding pharmacies can get injectibles wrong in a deadly way. Many families are still waiting for justice after the MECC pharmacy caused the deaths of 64 people: https://en.wikipedia.org/wiki/New_England_Compounding_Center...

[deleted]

Re: Hospitals and universities repurposing drugs at lower cost

#115
post #83

Earlier quoted context omitted.

> It would be in the insurance companies’ interests to band together to fund the research so they can save huge amounts of money in the long term but they do not do this. Insurance companies do not want cheaper care. In the US, insurance companies must spend 80% of premiums on care. So if you pay $1k/mo, they have to pay out at least $800/mo in care. (Not to you specifically, but averaged out across all subscribers.)…

Large swaths of US insurance are underwritten by employers, with the insurance companies acting as contracted administrators. Employers don't have the incentives you list.

Great, just work a well paying megacorp white collar job and you'll get slightly less fucked on healthcare.

What about the other 90% of the country?

Re: Hospitals and universities repurposing drugs at lower cost

#116
post #115

Earlier quoted context omitted.

Large swaths of US insurance are underwritten by employers, with the insurance companies acting as contracted administrators. Employers don't have the incentives you list.

Great, just work a well paying megacorp white collar job and you'll get slightly less fucked on healthcare. What about the other 90% of the country?

You could get angry about anything I say, I don't really care, you do you.

I guess Medicare and Medicaid also don't have the incentives. Nor does Tri-care or the VA. My employer self insures as far as I know, and we are a few hundred people. Maybe 90% is a bit off?

Re: Hospitals and universities repurposing drugs at lower cost

#117
post #77

I’m currently on Spravato, which is fully emblematic of how broken the incentives in the US healthcare system are. Spravato is esketamine - a modified version of ketamine. Ketamine is made up of mirror image molecules and esketamine is the right-handed molecule. They did this because ketamine is off-patent so they needed to modify it in order to patent it, however there is evidence that esketamine is a less effective…

The NHS in the UK refuses to cover it in part because of the absurd cost.

Re: Hospitals and universities repurposing drugs at lower cost

#118

I have a little insight here from working with ophthalmologists. When the article mentions "using a cancer drug to treat a leading cause of blindness" it's talking about using Bevacizumab (brand name Avastin) to treat macular degeneration. Avastin and Lucentis are molecularly the same drug. The difference is that Avastin isn't packaged to be injected into eyeballs, and Lucentis is. Also, Avastin costs about $50/dose,…

How does a lowly pharmacy transform a drug that is not for eye injection into one that is?

Re: Hospitals and universities repurposing drugs at lower cost

#119
post #111
post #100

Earlier quoted context omitted.

Blame the FDA on that one. The FDA's policy for the last couple of decades is that mixtures of mirror images will not get FDA approval unless there is a strong rationale for it. Racemic mixture of ketamine was approved decades ago. If you want a new indication for ketamine, you will need to get approval for a single mirror image, as the FDA won't approve the old drug. They did this because there are numerous examples…

>but your doctor is heavily incentivized to use the new version as the markup on the drug is much, much higher. I don't think it is normal/usual for doctors to receive any benefits or profits from which drugs they prescribe. Other than golf outings with the drug company reps? Is there something I'm missing?

For drugs administered in office, doctors can markup the cost and insurance pays it. Even Medicare pays 4.3% extra.

For oncologists, it’s most of the revenue for their office since consults pay very little.

The money made on administering $5 worth of ketamine is far less than a $1500 bottle of eskatamine.

Re: Hospitals and universities repurposing drugs at lower cost

#120

I have a little insight here from working with ophthalmologists. When the article mentions "using a cancer drug to treat a leading cause of blindness" it's talking about using Bevacizumab (brand name Avastin) to treat macular degeneration. Avastin and Lucentis are molecularly the same drug. The difference is that Avastin isn't packaged to be injected into eyeballs, and Lucentis is. Also, Avastin costs about $50/dose,…

> And what level of risk is worth saving $1,450 per dose on an injection? 1/100? 1/1000?

I've have plenty of friends that would struggle to afford that. I have friends that buy black market drugs because they can't get/afford a prescription. I don't know if I would make the same choice but I can I can understand why some people do.

Post reply on HN