Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

AstraZeneca caps inhaler costs at $35 for eligible US patients

EditorEmilio Ghigini
Published 18/03/2024, 11:32
Updated 18/03/2024, 11:32
© Reuters.

WILMINGTON, Del. - AstraZeneca (NASDAQ:AZN) has announced an expansion of its savings programs for US patients requiring inhaled respiratory medications, including treatments for asthma and chronic obstructive pulmonary disease (COPD). Starting June 1, 2024, eligible patients will be able to obtain their inhalers for no more than $35 per month.

The initiative includes AstraZeneca's entire US inhaled respiratory portfolio, which features medications such as AIRSUPRA®, BEVESPI AEROSPHERE®, BREZTRI AEROSPHERE®, and SYMBICORT®. This move builds upon the company's commitment to improving access and affordability of critical medicines for patients who are uninsured or underinsured.

Pascal Soriot, CEO of AstraZeneca, emphasized that while the company is dedicated to making its medicines more affordable, the complexity of the healthcare system requires collaborative efforts for reform. He urged Congress to convene key stakeholders to ensure patients can afford their medications not only today but in the future as well.

The expansion of the savings program comes after AstraZeneca significantly reduced the list price of SYMBICORT on January 1, 2024, and pledged to continue providing discounts and rebates to facilitate patient access to its inhaled respiratory medicines.

AstraZeneca has a long history of serving respiratory patients, spanning over 50 years, with a focus on developing new drug-device combinations and novel treatments to meet the extensive unmet needs of chronic respiratory diseases.

The savings program is subject to terms and conditions, and federal government insurance program enrollees are excluded from co-pay support due to government restrictions.

This initiative is part of AstraZeneca's broader efforts to enhance patient care through its AZ&Me Prescription Savings Program, which has been providing assistance to patients for over four decades, helping over five million people since 2007. The program is designed to help those prescribed AstraZeneca medications who face financial barriers to accessing them.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The information for this article is based on a press release statement from AstraZeneca.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.