Posted from: Monday, October 03, 2016 - 03:59 PM - Present

Prices Increase for three Dermatological Products

Novum Pharma significantly increased pricing for three of its dermatology creams.  In March, 2015 Novum Pharma purchased three medications, Alcortin A gel, Aloquin, and Novacort Gel, all of which are used to treat skin conditions.  When Novum Pharma purchased these products the costs was approximately $229.  Now, Alcortin A, costs $9,561 for a small 48-gram tube and Aloquin now runs at $9,561 for a 60-gram tube of cream.  Both Alcortin A and Aloquin are indicated for dermatitis, skin infection and other such conditions and according to the FDA, these medications are listed as “possibly effective,” which means they may not even work.   Novacort is a corticosteroid ointment for skin inflammations, which doesn’t carry any FDA doubts however the cost of this cream increased from $4,186 to $7,142 for a 29-gram tube.  These medications have been added to our standard prior authorization list.

 

Adverse reactions or quality problems experienced with the use of a recalled product may be reported to the FDA’s MedWatch Adverse Event Reporting Program either online, by regular mail or by fax.

Actual drug patent expiration dates and availability of new medications are subject to change due to patent litigation, settlement agreements, additional patents, exclusivities, and final FDA approval.  Distribution and availability of new medications at pharmacies may not occur immediately following FDA approval.  Patients are advised to speak with their healthcare professional or pharmacist regarding appropriateness as well as actual availability.

*This is provided for information only.  The reference to any medication above does not mean the medication is covered by your plan.

 

Last Updated Sunday, April 23, 2017 - 01:56 PM.