(Reuters) -AbbVie said on Monday it would launch its ovarian cancer drug Elahere in the U.K. at a list price equal to that in the U.S. (Reporting by Mariam Sunny in Bengaluru; Editing by Leroy Leo)
AbbVie to Introduce Elahere Ovarian Cancer Drug in UK at US Pricing
AbbVie's Launch of Elahere in the UK
(Reuters) -AbbVie said on Monday it would launch its ovarian cancer drug Elahere in the UK at a list price equal to that in the U.S.
Pricing Strategy and Discussions
The company was one of the 17 drugmakers to receive letters from U.S. President Donald Trump in July outlining how they should cut prices to match those paid overseas.
Understanding Antibody-Drug Conjugates
The drugmaker said on Monday it was in discussions with Britain's cost-effectiveness watchdog National Institute for Health and Care Excellence to ensure the drug is valued fairly.
Elahere belongs to a new class of treatments called antibody-drug conjugates, also called "guided missile" drugs, that precisely target cancer cells, potentially reducing toxicity for other cells.
(Reporting by Mariam Sunny in Bengaluru; Editing by Leroy Leo and Sriraj Kalluvila)
