Despite the historic promise presented by the treatment, Jimenez says, the biggest hurdle facing efforts to develop new cancer cures might be economics, not science. “What you know is not going to happen is the ability to stack therapies on top of each other at the current price and expect people to pay,” he says. “ The whole oncology pricing structure needs to be rethought because it’s reached the level that is not going to be sustainable for the long term. ”
This is actually what’s driving his strategy of bulking up his cancer division–so it can compete–and at the same time betting on the wildest technology. He expects “a new brutal world” for health care companies as countries around the world are forced to double health care spending because of age and illness over the next ten years. Paradoxically, the rapid increase in costs will lead governments to try to cut costs, making competition between hospitals, doctors and drug companies tougher.
“You’re going to see these companies that are going to get crushed by this new environment, despite the fact that health care spending is going to almost double,” Jimenez says. He has a team actively exploring new ways of pricing cancer drugs, in which several medicines are sold for the price of one, or health systems or insurers pay based on how many patients are cured.
When researchers talk about CARTs they often reference the cost of a bone marrow transplant–$350,000 for a single course of treatment. Why not? There are biotech drugs for rare diseases that cost $400,000 or more a year. But Jimenez says that would be too much–that even for a breakthrough the cost needs to be lower.
http://www.forbes.com/sites/matthewherper/2014/05/07/is-this-how-well-cure-cancer/
