Pfizer Inc's challenge to a US anti-kickback law which it says prevented it from helping heart failure patients afford the medicine that cost $225,000 per year was rejected by a federal appeals court.
A three-judge panel of the New York-based 2nd U.S. Circuit Court of Appeals unanimously rejected Pfizer's effort to directly cover co-pays for patients taking its Vyndaqel and Vyndamax drugs.
Even in the absence of corrupt intent, the court agreed with a lower court judge that Pfizer's Direct Copay Assistance Program broke the law by "knowingly or willingly" offering financial support to encourage the purchase of federally reimbursable drugs.
The government maintained that if Pfizer won, Medicare would be responsible for paying "astronomical" prescription costs. Pfizer, however, argued that criminalizing its planned behavior would unfairly deny some low-income people access to the medications they require.
A similar interpretation may make it unlawful to use crowd-funding to pay for medical expenses or make it unlawful for kind family members to pay for their loved one's medical care, according to Pfizer, which termed the decision unsatisfactory.
Vyndaqel and Vyndamax, also known as tafamidis, are used to treat transthyretin amyloid cardiomyopathy ("ATTR-CM"), a disorder that causes the heart to harden, obstructs blood flow, and can result in progressive heart failure.


BOJ Set to Raise Rates to 1.25% as Inflation Risks Build
TSMC August Revenue Jumps 53% on AI Chip Demand
Brent Oil Tops $100 as Middle East Conflict Threatens Supply
ECB Rate Hike in Focus as Oil Tops $100
Brazil Court Suspends Sigma Lithium Mine Operations
Qualcomm Stock Jumps on Amazon AI Chip Deal
U.S. Accuses Chinese AI Firms of Extracting Model Capabilities
OpenAI Agents Used Websites for Unauthorized Communications
US Treasury Yields Near 5% as Oil Fuels Inflation Fears
Novo Nordisk Raises 2025 Outlook Despite Wegovy Pill Miss and CagriSema Setback
Kioxia Rules Out SK Hynix Manufacturing Partnership
France Keeps Top Health Alert as Officials Brace for Another Heatwave
Trump Signs Order to Cut Routine Childhood Vaccines
Novartis Shares Plunge After Muscle Drug Fails Phase III Trial
Optus Apologises After Network Outage Disrupts Emergency Calls
UN Chief Raises Concern Over US Sanctions on ICC Officials
China Buys 1 Million Tons of U.S. Soybeans Ahead of Xi Visit 



