Navigation Links
In a World First, Asda Announces 'Not for Profit' Price on All Cancer Treatment Drugs
Date:5/20/2010

LEEDS, United Kingdom, May 20 /PRNewswire-FirstCall/ -- Today, in a world first, Asda announces a commitment to sell all privately prescribed cancer treatment drugs on a permanent 'not for profit' basis potentially saving thousands of pounds for sufferers.  Lung disease is the biggest cancer killer of women in the UK and as part of Asda's 'not for profit' commitment it now means that the price of Iressa, used to treat lung cancer, is now available for 2,167.71 pounds Sterling compared to 2,601.25 pounds at Lloyds Pharmacy, 3,251.57 pounds at Boots and 3,253.56 pounds at Superdrug.

Cancer is the UK's second biggest killer, affecting nearly 300,000 people per year and for many the cost of treatment is well above what they can afford. Research compiled for Asda compared the price of seven of the most commonly privately prescribed cancer drugs available at the main high street pharmacies in the UK where marks ups of up to 76 per cent were uncovered.

Superdrug was found to offer the highest prices on four out of the seven drugs compared and marked up all seven of the drugs by 50 per cent over cost price. Prices at Lloyds and Tesco were consistently marked up by 20 per cent, while at Boots, all seven drugs were marked up by either 50 per cent or 27.5 per cent.

Currently, cancer sufferers in the UK face a three pronged challenge in their battle for affordable treatment:

Pharmacy mark ups

The cost of private prescription anti-cancer drugs varies significantly between pharmacies, which are able to charge at their discretion and are known to mark up anti-cancer drugs by as much as 76 per cent.  

Post code lottery on cancer funding

The annual spend per cancer patient across the 152 PCTs in England can vary by as much as 286 per cent. This 'post code lottery' impacts patients as it determines the cancer treatment people are eligible for on the NHS.

Variations on cancer drug availability on the NHS

There are significant variations in the cancer drugs which are available on the NHS within each PCT. Drugs such as Iressa and Afinitor, which treat lung cancer and kidney cancer, are only available with a private prescription. This means that should a patient require either drug, they have no other option but to pay for it under a private prescription.

John Evans, Superintendent Pharmacist at Asda, comments:

"The crippling cost of paying privately for cancer treatment has forced many people to spend their savings or even re-mortgage their house to pay for these essential drugs.

"We are the first retailer to recognise this injustice and to do something about it and we are calling on other retailers to follow our lead. It's a small step in the right direction but, our permanent 'not for profit' price on cancer treatment drugs makes them more accessible and can save people hundreds if not thousands of pounds."

Asda's new CEO Andy Clarke, who lost his own parents to cancer, supported the move to make these vital drugs available at the lowest possible price.

"Saving people money so they can live better is viewed by many as just the marketing slogan of our parent company, Walmart.

"However, when you see what we can achieve in areas like cancer and IVF treatments to reduce prices, the reality of that mission statement becomes very real and very personal.

"I'm very proud of the work our pharmacy team are doing to lower prices."

Additionally, Asda is working with suppliers to negotiate further discounts on the trade price of privately prescribed cancer drugs, with any savings passed directly on to customers as soon as they are available.  

According to research by Asda, 63 per cent of people are unaware that private prescription prices vary between pharmacies, with the majority of people (76 per cent) going to the same pharmacy to pick up prescriptions. A staggering 92 per cent of people surveyed have never compared the prices of private prescription drugs.

This announcement follows Asda's recent 'not for profit' commitment on IVF drugs, which saved consumers up to 800 pounds per cycle.  For over a decade, Asda has lobbied on behalf of consumers to widen the availability of pharmacy services and products, which has successfully seen the demise of the Resale Price Maintenance (RPM), which allowed drug manufacturers to fix pharmacy prices artificially high.

The 'not-for-profit' commitment will be available in store from Monday May 24th, 2010.


'/>"/>
SOURCE Walmart
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Still River Systems Announces Production Milestone for the Worlds Smallest High-Energy Proton Therapy Accelerator
2. Swedish Cancer Institute and Elekta Launch Renewed Partnership Agreement to Continue the Flow of World-Class Technology, Services to Cancer Patients in the Pacific Northwest and Beyond
3. SCOLR Pharma, Inc. Enters into Worldwide Licensing Agreement with RedHill Biopharma Ltd.
4. Reportlinker Adds The World Anesthesia Drug Market
5. WorldHeart Appoints Dr. John Campbell Woodard as Senior Vice President of Scientific Affairs
6. Eye-Fi Expands Hotspot Access Service Worldwide
7. Orbitz Worldwide, Inc. to Host First Quarter 2010 Earnings Call on May 5
8. Cruise West Guests Rave About Inaugural World Voyage
9. New Microplegia Service: Worlds First Low-Potassium, Non-Depolarizing Cardioplegia Available Exclusively from CAPS(R)
10. World TB Day Senate Briefing
11. Kendle Executive to Share Insights at World Pharma Trials Asia 2010
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/10/2016)... , February 10, 2016 ... new market research report "Pharmaceutical Packaging Equipment Market by ... Labeling & Serialization), by Product Type (Tablet, Powder, Cream, ... published by MarketsandMarkets, studies the global market during the forecast ... to grow at a CAGR of 6.9% during the ...
(Date:2/10/2016)... On Tuesday, February 9th, the U.S. ... its Arthritis Advisory Committee to discuss Celltrion,s ... Johnson,s Remicade and most likely the second ... The Biologics Prescribers Collaborative (BPC) along with ... Patient Access, American Association of Clinical Endocrinologists, ...
(Date:2/10/2016)... 10, 2016 --> ... Therapeutics and Companion Diagnostic Market to 2019 - ... Environment" research report indicates that the core personalized ... by 2020 growing at a CAGR of 8.74%. ... and targeted therapeutics and is dominated by oncology, ...
Breaking Medicine Technology:
(Date:2/10/2016)... ... February 10, 2016 , ... Dr. Jessica Barron, of Barron Family Dental ... dental patients and families in the North Metro Denver area. The new dental practice ... cosmetic dentistry, and all in the most relaxing environment. , While some dental visits ...
(Date:2/10/2016)... , ... February 10, 2016 , ... Gout is like ... brings pain that is often severe, with intense swelling and redness. It is triggered ... million people, but older adults are the most susceptible, according to the February 2016 ...
(Date:2/10/2016)... ... February 10, 2016 , ... Pediatric therapists ... their patients. Research shows that the Goal Attainment Scale (GAS) captures 20% more ... challenge and learn more about the Goal Attainment Scale, Education Resources Inc. is ...
(Date:2/10/2016)... ... February 10, 2016 , ... Everseat has joined ... readily available to physicians. The integration will enable Allscripts users to post open ... Everseat’s free mobile app. , The partnership gives Everseat substantial added power to ...
(Date:2/10/2016)... ... 10, 2016 , ... Workrite Ergonomics, who is celebrating their 25th year of ... to being an internationally recognized leader in their industry. , "We are very proud ... President of Workrite. “Workrite recognized the importance of good ergonomics before most of ...
Breaking Medicine News(10 mins):