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Richard Lowenthal

👤 Person
347 total appearances

Appearances Over Time

Podcast Appearances

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

About 35% of the insurers out there still require prior authorization.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

The ones that are still requiring prior authorization or are not covering NEFI, so only 7% are not covering NEFI right now,

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

They're mainly in the CVS Caremark Aetna category and Anthem category.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

or some of the Blue Crosses.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And some of the Blue Crosses are covering NEFI.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Some are delaying.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Some are still assessing it.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And a few of them have decided not to cover NEFI, although we're working to overturn that decision, of course.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

With regards to PBMs, we've had a mixed experience so far where Express Scripts saw the medical value of NEFI very, very quickly.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And they covered it based off of medical value.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Now, I'll go into the structure of these agreements with the PBMs when you're talking about PBM reform.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

But certainly Express Scripts saw the medical value, and so did UnitedHealthcare.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So UnitedHealthcare Optum, so Optum, Express Scripts, and Caremark are the three big PBMs.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

United Healthcare, United Health Group, United Healthcare Insurance and Optum covered NEFI very, very quickly also within about six months of launch.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

And they also did it based off of medical value that they saw there was a medical need and they basically moved to contract very, very quickly and cover NEFI very quickly.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

Caremark has been delaying.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

We've been working through the issues with care mark and we're still hopeful that we will get care mark to cover very, very quickly without prior authorization.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

NEFI with prior authorization.

Vanguards of Health Care by Bloomberg Intelligence
ARS Pharma’s Clinical Differentiation

So they are typically our second biggest dispenser of NEFI right now on a weekly basis.