Lehi – The Utah company plans to make a difference, reducing the cost of at least one general drug and providing more medicines at lower costs.
Civicascript was created in 2020 with the intention of reducing the price of a specific expensive generic drug using “destructive cooperation.” According to a report published in the New England Journal of Medicine this month, 64%of consumers have saved 64%and 92%of health insurance companies.
Brent J. Eberle, chairman of the company, said on Wednesday that low -cost costs improve health results. It is likely to follow the doctor’s prescription guidelines when the patient can handle the drug.
“I am happy to have a savings impact with just one product in a fairly short time,” he said.
Posted report Prostate cancer patients, which have been converted to CivicAscript drugs from other common Abirate Acetate options, have saved an average of $ 81 per month and more monthly costs. Medical plans for patients converting to the same drug have saved an average of $ 1,796 per month, including Medicare and Medicaid.
The report looked at the data of the pharmacy claim for 2022 and 2023, and the general Abiraterone of Civicascript was released in August 2022. At the end of that period, about 1,100 patients were using a new version of the drug.
Eberle said the company plans to reduce more costs by launching more products this year. And in the “Concept Proof,” the report proves the company’s theory that destructive collaboration has a strong impact.
“We show that a combination of transparency and sustainable low prices may change the system to reduce the cost of drugs and to improve the patient’s access to medicines needed to maintain health.”
Civicascript announced Wednesday as an effort to provide pharmaceutical products “the lowest sustainable cost to improve the patient’s access and economics.”
The company strives to manufacture cheap general medicines and deliver direct cost savings directly to the patient. Civicascript said in a statement that all people involved in the process can use the price, focusing on transparency and cooperation.
Carter Dedge, managing director of Institute Institute and co -author of research, said that the data that adjusts the interests of patients and medical institutions can bring the potential to create a “more equal and cost -effective health care system.”
Civicarx began before Civicascript and focused on ending the lack of drugs and fixing the broken market. The website explains that it determines the drug to prioritize it by cooperating with the hospital pharmacist. Civicascript focuses on providing general outpatient medicines at low cost, based on the company’s mission.
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