THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Price of preterm-birth medicine cut

Associated Press / April 2, 2011

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

WASHINGTON — A pharmaceutical firm that has come under criticism for charging $1,500 a dose for a drug that prevents women from giving birth too soon said yesterday that it was cutting its price.

KV Pharmaceutical of St. Louis announced that it was reducing the price of the drug, sold as Makena, to $690 an injection. KV also said it was expanding its program to reduce costs further to women who still cannot afford the medication. “Ensuring access to an FDA-approved sterile, injectionable medication, manufactured under mandatory strict quality controls, is in the best interests of all high-risk women,’’ said Greg Divis, KV’s president.

Divis said the company was taking the steps because of the priceconcerns raised, given the tight budgets state Medicaid programs face.

“The reduced price is a step in the right direction,’’ said US Representative Henry Waxman, Democrat of California.

Health & Wellness video

loading video... (please wait a moment)

Weekly video series | Be Well, Boston
Suicide increase in spring

Suicide increase in spring

Suicide rates tend to rise in April, the month T.S. Eliot called "the cruelest month."

Be Well Boston on Twitter

    waiting for twitterWaiting for twitter.com to feed in the latest...