Timing Funding PUBLIC FUNDING If a manufacturer has received public funding, they are feeling the effects of the stock market downturn and may need to find ways to decrease budget and/or bring about additional funding sources. PRIVATELY FUNDED If a manufacturer has received funding from private investors, there may be more inherent cash security, but they must [...]
At Two Labs, we know that our clients are looking for solutions. Every service we offer is about paving the way for our clients to launch their products to the market and into the hands of patients who need them. As we continue to grow, and especially as we evaluate our new reality during and after the COVID-19 pandemic, our focus is on connecting the dots to help [...]
Two Labs Joins GS1 Healthcare US Initiative Two Labs is a new member of the GS1 Healthcare US Initiative and will be joining the Rx Supply Chain Security Workgroup (RxSSC) in 2020.The GS1 Healthcare US Initiative includes over 140 healthcare manufacturers, distributors, providers, dispenser pharmacies, group purchasing organizations, government agencies and industry associations who are working together to help address challenges where GS1 Standards can have an impact. [...]
Pricing and Market Access Considerations for Cell and Gene In the past two years, four cell and gene therapies have entered the U.S. market at unprecedented prices. Most recently, Zolgensma launched at a price of $2.1 million for a one-time treatment. Payers view these new therapies as having moderate to high clinical value but have significant concerns around long term durability of effect. For example, will [...]
What is Compendia’s Impact on Product Decision Making? What is “The Compendia”? Most often, people describe the organizations that make up the Compendia as price books – and that’s understandable. After all, most of the submissions a manufacturer makes to Compendia involves price increases throughout the product launch year until they maintain price on a regular basis. And yes, pricing is absolutely a key part of what they do, however, [...]
An Overview of Cell and Gene Therapies Since 2017, four new cell and gene therapies have become available in the U.S. with prices ranging from $373,000 to $2.1 million for a one-time administration. Gene Therapy Launch Timeline Gene Therapy Product Overview [fusion_table fusion_table_type="1" fusion_table_rows="5" fusion_table_columns="4" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" animation_type="" animation_direction="left" animation_speed="0.3" animation_offset=""] Product Indication Therapy Type Price Kymriah Childhood B-cell [...]