News / 

Breast cancer drug strains health budgets


Save Story
Leer en espaƱol

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

LONDON, May 2, 2006 (UPI via COMTEX) -- An effective but expensive breast cancer drug -- Herceptin -- is pressuring cash-strapped healthcare budgets in Europe, a report said Tuesday.

The drug, which is marketed by California-based Genentech Inc. and Swiss-based Roche Holding AG, costs up to $86,000 per year per person.

Europe's main medical regulator, the European Medicines Agency, last week recommended that Herceptin be approved to fight early stage HER-2 breast cancer.

However, the regulation still must be endorsed by the European Commission, The Wall Street Journal reported.

In Britain, a recent appeals court ruling ordered arms of the National Health Service to provide the drug -- a further strain on the already cash-strapped agencies.

The U.S. Food and Drug Administration also is weighing whether to allow use of the drug to treat early stages of the disease that accounts for up to 30 percent of breast cancers.

Since reports of Herceptin's effectiveness last spring, the drug's U.S. sales more than doubled in the first quarter of 2006 to $290 million.

URL: www.upi.com 

Copyright 2006 by United Press International **********************************************************************

As of Friday, 04-28-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 03-20-2006 for DNA @ $88.52.

(C) 2006 Comtex News Network, Inc. All Rights Reserved.

Most recent News stories

STAY IN THE KNOW

Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
Newsletter Signup

KSL Weather Forecast

KSL Weather Forecast
Play button