Sophisticated drugs are opening the door, scientists say, to an era of “precision medicine.” They’re also ushering in an age of astronomical prices.
New cancer drugs are routinely priced at more than $100,000 a year — nearly twice the average household income. Experimental cholesterol drugs — widely predicted to be approved this summer — could cost $10,000 a year
Even with insurance, patients might pay thousands of dollars a month out of pocket.