Saturday January 25, 2020

Medicines boss: Costly new cancer drugs not working

Just one in 20 new cancer drugs assessed for the Irish market since the beginning of 2016 were considered value for money, according to a new assessment by the NCPE

Susan Mitchell

Deputy Editor and Health Editor

@susmitchellsbp
15th October, 2017
Professor Michael Barry, heads up the National Centre for Pharmacoeconomics Pic: RollingNews.ie

Most new cancer drugs are not worth the money being sought by pharmaceutical companies, the head of the state’s medicines watchdog has said in a stark assessment.

Professor Michael Barry, who heads up the National Centre for Pharmacoeconomics (NCPE), said the state was funding cancer drugs that cost anywhere between €50,000 and €100,000 per patient per year that “very often only prolong life by a few months – if even [that]”.

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