Palbociclib Price in USA, UK, Malaysia, Philippines Vs India

Palbociclib is a life-saving drug that have been prescribed with and is used to treat HR-positive, HER2-negative advanced breast cancer. The oral targeted therapy belongs to a category of drugs known as CDK4/6 inhibitors, which assist in the slowing of cancer cell growth or halting it. It is usually used alongside hormonal treatment, such as Letrozole or Fulvestrant.

But, costs related to Palbociclib may be enormous, particularly in such countries as the United States and the Philippines, monthly treatment may cost several thousand dollars. Interestingly, due to the fact that there are generic versions Palbociclib has been the cheapest and the most accessible source in India.

Here in this article we will be discussing the prices in USA, UK, Malaysia, and in the Philippines and finally we will dig deep into how India is offering Palbociclib at a low cost so that cancer patients globally can receive good treatment.

Note: Palbociclib prices may vary based on location, pharmacy, supplier, and available discounts.

Palbociclib Price In The USA

Cost Breakdown

• Per pill (125 mg): $550–$570

• Monthly pack (21 capsules): $12,000–$14,000 USD

The Reason Why It Is So Expensive?

The heavy expenses of Palbociclib in the U.S are occasioned by a couple of reasons:

Brand name patented (Ibrance): No generic products are legally available on U.S. markets, which provides Pfizer with a monopoly.

Large expenditure in R&D and marketing: Pharmaceutical corporations allow billions in the development and marketing of new drugs.

Privatized health care: there is no centralized pricing in the U.S, therefore price determination is done by the drug companies.

Insurance issues: Unlike the general notion, a number of them are insured by privates but still the copays are still hundreds or thousands of dollars mostly on cancerous medicines.

Access Options

• Partial cover is availed by Medicare and Medicaid but the full amount is not provided.

• Pfizer Oncology Together provides co-pay and free medication to needy low-income patients.

 With these programs, out-of-pocket expenses may be astronomical, and thus, the drug may be unaffordable to many.

Palbociclib Price In UK

In the UK, Ibrance 125 mg will cost approximations of 142 pounds per pill or 3,000 pounds or $3800-4200 USD per month to a (private) individual patient.

Nonetheless, the medication is mostly paid off by the majority of patients with the aid of the National Health Service (NHS). The UK operates a public healthcare system, whereby the government negotiates prices of drugs. When NICE grants approval (National Institute for Health and Care Excellence), the drug is then used free of charge by suitable patients.

In response to the competition of Ibrance, Pfizer provides a highly discounted negotiated price in sales to the NHS compared to the retail prices.

Patients Access

Palbociclib will not cost you anything in terms of out-of-pocket expenses in case you are eligible as per NHS guidelines.

The individuals who want to be treated privately will be confronted with the entire amount of money per month unless they have private insurance.

Palbociclib Price In Malaysia

Palbociclib is commonly sold branded (Ibrance) in Malaysia. Each pill with 125 mg of active ingredients costs approximately RM 570 to RM 666, and the weekly cost comes to RM 12,000, to RM 14,000 (nearly $2,500 to $3,000 USD).

• There is no widespread availability of generics in the Malaysian market.

• It is being imported by multinationals thus causing local pricing to be high.

• Malaysia does not give significant national subsidies to cancer medications, especially the newer or those that have been imported.

Access and coverage

Palbociclib is subsidized in some of these public hospitals and charged at a free rate to the government employees or those under clinical trials.

Often patients must use their own pockets or health insurance privately which is a deterring factor to some.

Palbociclib Price In Philippines

Palbociclib at the dosage of 125mg of drug per tablet usually sells at PHP 7,100-8,000 per pill in the Philippines, so the prices paid per month will be PHP 150,000-170,000 (2,500 USD - 3,000 USD). The amount is based on the pharmacy, the place, and how often the prescriptions are done.

Pricing Problems

• There are no locally accepted generics hence the market is flooded with their brand-name Ibrance.

• PhilHealth, which is a national insurance program, does not fully take care of cancer drugs.

• Several Filipinos have to pay out of pocket which in turn may affect depletion of savings within a short period.

Limited Assistance

There are cancer assistance programs though they are not always consistent or comprehensive.

This has made it hard for most of the Filipino patients to sustain monthly treatments.

Price Of Palbociclib In India

Palbociclib is available in India at the lowest cost across the world. Palnat (sold by Natco) or Piclib (sold by Hetero) can be bought at:

• Monthly wage of 6,000 to 9,000 rupees/month (USD 90-120 USD)

“This is what makes India almost 90-95 percent cheaper than the American market.”

Why Is It So Cheap In India?

Generic manufacturing in India has made the pharmaceutical market well known to drastically drop the prices of drugs.

The local firms such as Natco, Hetero and Mylan make high-quality generics at a small fraction of the price. The policies of the government promote large production and low prices. There are no payments of licensing fees to multinational companies such as Pfizer.

All these have contributed to India being a center of cheap cancer medication not only to the locals but also to the international consumers. We offer Palbociclib at the lowest prices in the world.

All our medicines are products of reputed Indian drug-manufacturers who have the right certifications. Save better than half the price by getting quality treatment that is delivered worldwide in fast and reliable ways.

Export and Medical Tourism

Lots of foreign patients visit India to receive treatment or place orders online at the licensed Indian pharmacies.

The Indian exporters provide:

• FDA approved manufacturer generics

• Worldwide shipping

• Prescription-based sales

The patients in the USA, UK and Southeast Asia tend to import Indian Palbociclib at one-tenth of the local cost through doctor prescriptions and through the right channels.

Conclusion

Palbociclib has changed the game in regards to some forms of breast cancer which gave hope and more time to many patients. Nevertheless, it might be too expensive in many states, and it remains one of the obstacles for millions of people, who want to get a life-saving drug.

Other cheaper forms of treatment have been ushered in through the increasing numbers of generic forms of this drug particularly in India. Following the trend of healthcare system pricing-related problems experienced worldwide, the utilization of trusted sources of generics can be a topic of interest to patients and providers alike.

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