November 12, 2024
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Amgen cuts cholesterol drug price by 60 percent

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Thousand Oaks biotech giant Amgen announced Oct. 24 that it had slashed the price of its cholesterol medication Repatha from $14,000 to $5,850, a reduction of nearly 60 percent. The move follows similar reductions and rebate programs by Sanofi and Regeneron for its product Praluent, which was selected as the preferred PCSK9 inhibitor therapy by…

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