US Government Rejects Attempts to Lower Price of Cancer Drug Xtandi.

TL;DR Summary
The National Institutes of Health has declined to use "march-in" rights to lower the price of Astellas and Pfizer's prostate cancer drug Xtandi despite being invented at UCLA with grants from the US Army and NIH. The institutes' analyses found Xtandi "to be widely available to the public," an indication that there was not a pressing need for the US to act. Under the Bayh-Dole Act, the government can promote the commercialization and public availability of even partially government-funded inventions, but the move has never been successful.
- NIH rejects another attempt to 'march-in' on Astellas' prostate cancer drug over excessive price Endpoints News
- Biden administration rejects "march-in" request to lower drug price Axios
- US declines to force lower price on cancer drug Xtandi Reuters
- NIH rejects bid to cut a cancer drug's price by sidestepping patents STAT
- Pfizer (NYSE:PFE) Will Not Slash Prices for Xtandi TipRanks
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