Current:Home > ScamsSurpassing Quant Think Tank Center|A popular asthma inhaler will be discontinued in January. Here's what to know. -ProfitSphere Academy
Surpassing Quant Think Tank Center|A popular asthma inhaler will be discontinued in January. Here's what to know.
NovaQuant Quantitative Think Tank Center View
Date:2025-04-07 14:29:37
Flovent, a popular steroid inhaler used to treat and control asthma symptoms in children and adults, is being discontinued next week as its manufacturer prepares to roll out a generic version of the medication.
Starting on Jan. 1, 2024, GlaxoSmithKline will stop manufacturing Flovent HFA and Flovent Diskus. In its place, the biopharmaceutical company will produce a generic version of the prescription inhaler featuring an identical formula and drug-delivery mechanism, GSK said in a statement last fall posted by the Allergy Foundation of America (AAFA).
While GSK says Flovent's generic makeover will "provide patients in the U.S. with potentially lower cost alternatives of ... medically important products," some medical professionals aren't convinced. According to some experts, the switch-up could negatively impact patients' pocketbooks and their health.
Here's what you need to know about Flovent's phaseout.
What is Flovent?
Flovent is a brand name of fluticasone, an inhaled prescription corticosteroid medication used for by patients 4 years and older for the long-term treatment of asthma, according to the brand's website. The widely popular drug has been on the market since 2000, its website shows.
Why is Flovent being replaced with a generic product?
The timing of Flovent's generic makeover falls in line with the elimination of the Medicaid rebate cap removal of Medicaid drug prices, a provision made as part of the American Rescue Plan Act of 2021.
Under the new law, GSK starting next year would have been required to pay states higher Medicaid rebates tied to the drug's price increases. The average price of Flovent, increased 41% between 2013 and 2018, from $207 to $292, according to GoodRx, and has increased 47% since 2014.
GSK did not immediately reply to CBS MoneyWatch's request for comment.
Why are medical professionals concerned?
The American Academy of Pediatrics warned that the discontinuation of Flovent could leave patients who rely on the popular asthma treatment to deal with higher co-pays and delayed access as a result of authorization requirements, the group said in a statement earlier this month.
In addition, the discontinuation taps into concerns by pediatricians of future alterations on the drug's delivery mechanism as some insurers only cover breath-actuated inhalers, which experts say aren't appropriate for treating children with certain asthma conditions, according to the AAP.
What Flovent alternatives are available?
While alternatives exist, physicians recommend that families who need Flovent refill their prescription before the end of the year to give themselves time to figure out which options are best for them.
Parents and patients taking Flovent should speak to their physicians about possible alternatives right away, Christopher M. Oermann, M.D., a member of the AAP, said in the statement. He also recommends they call their insurers about coverage for alternatives.
"It's best to think about it now," Dr. Oermann said, "not wait until it actually happens and then scramble to figure it out."
- In:
- Health
- American Academy of Pediatrics
- Health Care
- American Rescue Plan
Elizabeth Napolitano is a freelance reporter at CBS MoneyWatch, where she covers business and technology news. She also writes for CoinDesk. Before joining CBS, she interned at NBC News' BizTech Unit and worked on the Associated Press' web scraping team.
veryGood! (25823)
Related
- Bodycam footage shows high
- A Royal Refresher on Who's Who at King Charles III's Coronation
- Trump Takes Ax to Science and Other Advisory Committees, Sparking Backlash
- Boy, 3, dead after accidentally shooting himself in Tennessee
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Today’s Climate: May 22-23, 2010
- U.S. Military Not Doing Enough to Prepare Bases for Climate Change, GAO Warns
- Nearly 8 million kids lost a parent or primary caregiver to the pandemic
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- China, India Lead the Developing World in Green Building
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Judge Elizabeth Scherer allowed her emotions to overcome her judgment during Parkland school shooting trial, commission says
- 24-Hour Deal: Save 50% On the Drybar Interchangeable Curling Iron With 15.2K+ Sephora Loves
- Arctic Report Card: Lowest Sea Ice on Record, 2nd Warmest Year
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- A Royal Refresher on Who's Who at King Charles III's Coronation
- 3 Republican Former EPA Heads Rebuke Trump EPA on Climate Policy & Science
- Juul will pay nearly $440 million to settle states' investigation into teen vaping
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
So you haven't caught COVID yet. Does that mean you're a superdodger?
Tourists at Yellowstone picked up a baby elk and drove it in their car, officials say
Canada’s Tar Sands Pipelines Navigate a Tougher Political Landscape
In ‘Nickel Boys,’ striving for a new way to see
Kate Middleton Rules With Her Fabulous White Dress Ahead of King Charles III's Coronation
With Pipeline Stopped, Fight Ramps Up Against ‘Keystone of the Great Lakes’
Shoppers Praise This NuFACE Device for Making Them Look 10 Years Younger: Don’t Miss This 67% Discount