BDO RiskFactor Report reveals Big Pharma fears

With the release of its third annual Life Sciences RiskFactor Report, BDO USA revealed that 96 percent of annual reports analyzed mentioned drug reimbursement as a risk, according to a recent Boston Business Journal article.

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The article looks to the backlash surrounding the Solvadi drug, produced by Gilead Sciences, as the cause for an 85% increase in mentions from last year.

BDO USA partner Ryan Starkes commented on the large uptick saying, “This caught our eye. There’s a real challenge that healthcare providers have made (over the costs of drugs)…more so than before, this is a concern.”

When annoucing the report, BDO USA stated, “Recent headlines around Gilead’s launch of Solvaldi…shed light on the delicate balance between charging a ‘fair’ price for the value provided by a drug and the ability of healthcare systems to reimburse the costs.”

To read the article in full, click here.

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