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March 4, 2013
08:06 EDTITMNInterMune reaches agreement with AIFA on Esbriet
On March 1, InterMune reported that it had concluded pricing and reimbursement discussions with the Pricing and Reimbursement Commission of the Italian Medicines Agency, or AIFA, the national authority responsible for drug regulation in Italy. Specifically, InterMune and the CPR of the AIFA have reached an agreement regarding the pricing and reimbursement conditions of Esbriet for the treatment of adult patients with mild to moderate idiopathic pulmonary fibrosis. The terms and conditions of the agreement on pricing and reimbursement are consistent with InterMuneís expectations. At the initiation of treatment with Esbriet therapy, patients with mild to moderate IPF will be recorded in a registry maintained by the AIFA. Registries are common in Italy for specialty medicines. Reimbursement for Esbriet will be subject to a risk sharing agreement, an approach which is common in Italy for specialty and cancer medicines. These agreements typically involve refunding of the cost of a patientís medicine if certain performance metrics of that patient are not met over a predefined period of time. InterMune projects that the costs of Esbriet therapy for approximately 10% of new patients may be subject to refund in the form of a credit note as a result of the risk sharing agreement.
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September 20, 2014
15:43 EDTITMNInterMune reports MOU in connection with consolidated Delaware action
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