Tufts University veterinary technician Andrew Schlosser says that with the advent of new vaccines, there is no reason to go with the old-fashioned approach to prescription drug pricing.
In an interview with The Next Weblog, Schlossersaid that with vaccine prices, the “gold standard” is a price for a single dose of the same vaccine that will likely be around $1,000 for a large patient, $500 for a smaller patient and $200 for a very small patient.
This will mean that the cost per dose of a new vaccine will be much higher than the cost for a typical vaccine, he explained.
While it is difficult to say whether the higher cost of a vaccine is a result of the greater price of the old vaccines or simply the fact that it will be easier to manufacture the new ones, Schlosingsaid that it is worth looking at this topic carefully.
He said that this is the first time the US has gone this route, which he said will lead to increased prices for both the patient and the vaccine manufacturer.
“What I see as a big problem in this whole situation is that the vaccine manufacturers are making a huge amount of money and the patient is paying a lot of money,” Schlossler said.
“We are paying for a vaccine that has the potential to save lives, and if that vaccine is made less effective, the cost to the patient will increase, and I think that is a very bad thing.”
Schlossers comments come after the National Institutes of Health, the Food and Drug Administration and the Centers for Disease Control and Prevention issued a joint statement on Thursday stating that the use of biologic drugs for certain diseases such as HIV/AIDS, cancer and Parkinson’s disease “should be considered a matter of public health.”
While the new vaccine prices have been controversial, Schlowers comments were somewhat surprising given the current high cost of the disease vaccines.
A 2016 report from the Centers For Disease Control found that the average price of HIV/Aids vaccines in the US is $500, while the average cost for cancer vaccines is $1.8 million.
The average cost of Parkinson’s vaccines is currently $4.2 million, while it is estimated that for the cost of vaccines for Hepatitis C, the average vaccine price will be $1 million.
“The cost of cancer vaccines have increased by about 30 percent since 2000,” said Schlosses co-author David Gandy, Ph.
D. “The cost for HIV vaccines has increased by roughly 20 percent, and the cost has increased 30 percent for hepatitis C vaccines.
The cost of drug therapy is increasing exponentially.”
Schlosings statement about the cost structure of vaccines is interesting, given that the drug companies are now charging far more for the vaccines they are making.
A report from Medscape Pharmaceuticals Inc. estimated in January that the total cost of biologics and vaccines for treating the disease has reached $2.3 trillion.
The price of biotech drugs has also increased since 2000, with the price of a single drug increasing from $25,000 to $1 billion in the past five years.
Schlosser said that he believes that the increase in drug prices for vaccines will continue in the future, and that there will be a “dramatic price increase in the near future,” and that he expects that this will be the case with all vaccines.
“If we do not see price increases over the next decade, I think we will see a dramatic price increase over the near term, and by the middle of the decade,” Schlosers said.
“It is not surprising that prices for a pharmaceutical company like Pfizer, whose primary business is in the treatment of disease, will be higher than for an actual disease, because Pfizer is the only one of these companies that has been able to manufacture a drug that cures disease.
So if we do see a price increase, that will be for a specific disease.
It is not something that we see as an accident.”
Schloes company, Pharmavac, is working with several vaccine companies, including Teva Pharmaceuticals, Pfizer and Roche, to develop a new drug that can be used to treat the disease, which is called ARV-T, according to The NextWeb.
The company plans to test ARV in humans this year and also has been working with the FDA to see if the drug will be approved for human use.
Schloses company, which was founded by Schloss’s parents, has been trying to raise money to fund ARV treatment for over a decade.
He has been in talks with the Pfizer Vaccine Initiative, which has raised $2 million.
Schlosers company has already raised $7 million from investors including Google Ventures and Google’s Chief Executive Sundar Pichai.
Schloss, however, has said that the money will not be used for ARV treatments, but rather to develop the new drug.