These Pricey Cholesterol Drugs Aren't Selling. And That Has The Biotech Industry Sweating

Published: Oct 28, 2016

It looked like a surefire way to make billions.

A year ago, two new drugs that used a novel mechanism to drive down cholesterol levels came on the market, and were promptly crowned as blockbusters in waiting. Analysts estimated sales at more than $3 billion a year.

But the two drugs have been commercial flops, in part due to a complicated reimbursement system that has frustrated doctors, confused patients, and left the biotech industry worried about the implications for other high-priced drugs in the pipeline.

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