BioMarin Pharmaceutical, which is vying to release the most expensive drug in the world at somewhere between $2 million and $3 million a dose, announced Tuesday the departure of its chief financial officer.
Share to linkedin... [+]BioMarin Pharmaceutical, which is vying to release the most expensive drug in the world, priced at somewhere between $2 million and $3 million a dose, announced earlier this week the departure of its chief financial officer.
“I would like to thank Dan for his important contributions and leadership during his tenure at the company,” said Jean-Jaques Bienaimé, the company’s chief executive, in a press release. “Over the last seven and a half years, he has played an invaluable role in supporting the company’s growth.” A BioMarin spokesperson didn’t return a phone call seeking further comment.
Valrox treats Hemophilia A, one of the two major types of the inherited disorder in which the blood doesn’t clot properly. In the U.S. about 400 babies are born with Hemophilia A annually, according to the Centers for Disease Control and Prevention. The most expensive single-dose medicine is a drug called Zolgensma, Whitrap said. At $2.1 million a dose, the drug is also more expensive than the annual cost of any other drug, he added. The one-time treatment is made by Swiss pharmaceutical company Novartis and was approved in the U.S. last year.... [+]“Despite Zolgensma’s eye-popping price tag, ICER recently found it to be cost-effective due to how well it measurably improves and extends the lives of patients,” Whitrap said.
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