March 7 (Reuters) - Boehringer Ingelheim will cap
out-of-pocket costs for the company's inhaler products for a
chronic lung disease and asthma at $35 per month starting June
1, the German drugmaker said on Thursday.
The company said its new program will dramatically decrease
costs at the pharmacy counter for patients, including those who
are uninsured or underinsured.
High healthcare costs in the United States are a grave
concern for lawmakers and politicians, and lowering which is a
key part of President Joe Biden's 2024 re-election campaign.
"Conversations about prescription drug prices continue, and
we've listened. We think it is important to come forward with
solutions now that will benefit patients, while we also continue
work with policymakers and other stakeholders on broader system
reform," the company said.
Boehringer will also decrease the list price on some of its
inhaler products, the company said, without providing further
details.
The company has cut out-of-pocket costs for its full range
of inhaler products including Atrovent, Combivent Respimat and
Spiriva HandiHaler, used to treat respiratory conditions such as
asthma and chronic obstructive pulmonary disease (COPD), a
disease that commonly affects smokers.
COPD, or "smoker's lung" which damages the lungs
progressively, affects around 16 million Americans and is the
sixth leading cause of death in the country, according to the
Centers for Disease Control and Prevention.
The U.S. Food and Drug Administration (FDA) in June last year
approved the first generic version of Boehringer's Spiriva
HandiHaler by Indian drugmaker Lupin Ltd.
Spiriva, once a top-selling lung disease drug for
controlling symptoms of COPD, has been under pressure from
generic competition in Europe and rival drugs such as GSK Plc's ( GSK )
Advair and Roche's Xolair, among others.
Boehringer was accused in a federal lawsuit in Boston on
Wednesday of improperly submitting patents to the FDA to delay
generic competition and inflate prices for its lung disease
drugs Combivent Respimat and Spiriva Respimat.
(Reporting by Pratik Jain in Bengaluru; Editing by Shinjini
Ganguli)