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K-V Pharmaceutical Announces Updated Makena® Performance Metrics
Date:11/8/2011

ST. LOUIS, Nov. 8, 2011 /PRNewswire/ -- K-V Pharmaceutical Company (NYSE: KV.A/ KV.B) (the "Company" or "K-V"), today reported updated performance metrics for Makena®, the only U.S. Food & Drug Administration ("FDA") approved product indicated to reduce the risk of preterm birth in women with singleton pregnancy who have a history of a singleton spontaneous preterm birth.

Makena® was launched during March of 2011. From its launch date through October 31, 2011:

  • Approximately 7,100 vials have been shipped to Ther-Rx customers, and more than 4,700 vials have been shipped to doctors and patients;
  • The average number of vials shipped per week to Ther-Rx customers increased 35% from the month of July to the month of October while the average number of vials shipped per week to doctors and patients increased nearly  13% during the same period;
  • Approximately 4,300 patient referrals from over 2,700 prescribers have been made to the Makena Care Connection™ and the number of enrollments who have initiated treatments increased from the month of July to the month of October by nearly 16%;
  • Approximately 2,400 patients have either initiated treatment, are in the enrollment phase or are pending insurance approval and treatment initiation;
  • Over 200 payers, both commercial and Medicaid, have reimbursed Makena®;
  • Contracts have been reached with four commercial insurers that cover an estimated 50 million persons;
  • At least 17 states have reimbursed Makena® and K-V has signed Makena® rebate contracts with three states and two Managed Medicaid plans covering 5 to 6 million persons; and
  • Current data indicates patient co-pays are averaging approximately $11 per injection, the same or less cost than those typically associated with compounded 17P formulations.

  • "Our commercialization efforts remain centered on communicating the importa
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    SOURCE K-V Pharmaceutical Company
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