ASH Clinical News May 2015 | Page 70

Efforts to Protest High Cancer Drug Prices Underway Strategies to combat high prices exist, but have long road to success There is an inconvenient truth when it comes to the cost of new cancer therapies in the United States: The median U.S. household income from 2009 to 2013 was $53,046, according to the United States Census Bureau,1 but many of the most recently approved anti-cancer treatments approved by the United States Food and Drug Administration (FDA) are priced well above $100,000 per year. The average American with cancer can do the math and come to the same conclusion that some oncology experts are coming to: Cancer drugs are priced too high. “In my clinic, two out of five patients with leukemia are having problems with affording drugs for treatment, so they compromise on their treatment or don’t take it at all,” said Hagop M. Kantarjian, MD, professor and chair of F