Apr 12, 2018 | 9:38 AM
On April 5, 2018, Roche’s (RHHBY) MS (multiple sclerosis) drug Ocrevus was denied recommendation by NICE (National Institute for Health and Care Excellence) in England for the treatment of relapsing forms of MS in adults.
Ocrevus was approved by the FDA for the treatment of adult patients suffering from relapsing-remitting MS or a primary progressive form of MS, which is more difficult to treat. The drug is the only approved therapy for the primary progressive form of MS and has given stiff competition to Merck’s (MRK) market-leading MS drug Rebif. Roche offered the drug at a 25% discount to Rebif. It is expected that Roche might consider a similar strategy in England and reduce the price.