Obesity Pill Qsymia to Be Covered by Express Scripts

The move will save customers two-thirds off the retail price

   

prescription drugs 300x180 Obesity Pill Qsymia to Be Covered by Express ScriptsVivus (NASDAQ:VVUS) announced on Thursday that Express Scripts (NASDAQ:ESRX) has added its new anti-obesity medication Qsymia as a standard benefit option to its pharmaceutical coverage.

Shares of Vivus climbed more than 2% on the news in Thursday afternoon trading, while Express Scripts shares rose fractionally.

health630 200x200 Obesity Pill Qsymia to Be Covered by Express Scripts
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The addition of Qsymia to Express Scripts coverage will cut the drug’s cost by about two-thirds for patients using the pharmacy benefits manager, Reuters noted.

Patients using Qsymia have paid an average of $160 through mail-order distributors. However, Express Scripts will offer it for a co-payment of between $50 and $60.

The drug’s high retail price has been an impediment to its greater use, Vivus noted. Up to 30% of patients who received a Qsymia prescription have opted not to fill it due to the price. Sales have been sluggish due to a lack of benefit coverage.


Article printed from InvestorPlace Media, http://investorplace.com/2012/12/obesity-pill-qsymia-to-be-covered-by-express-scripts/.

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