Current:Home > MyA popular asthma inhaler will be discontinued in January. Here's what to know.-LoTradeCoin
A popular asthma inhaler will be discontinued in January. Here's what to know.
View Date:2024-12-23 23:34:57
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! (57928)
Related
- Wendi McLendon-Covey talks NBC sitcom 'St. Denis Medical' and hospital humor
- The Daily Money: Kamala Harris and the economy
- Pregnant Brittany Mahomes Shares Insight Into “Hardest” Journey With Baby No. 3
- 2024 Paris Olympic village: Cardboard beds, free food and more as Olympians share videos
- Relive Pregnant Megan Fox and Machine Gun Kelly's Achingly Beautiful Romance
- Steve Bannon’s trial in border wall fundraising case set for December, after his ongoing prison term
- New York City’s Marshes, Resplendent and Threatened
- Chancellor who led Pennsylvania’s university system through consolidation to leave in the fall
- 'We suffered great damage': Fierce California wildfire burns homes, businesses
- Bangladesh protests death toll nears 180, with more than 2,500 people arrested after days of unrest
Ranking
- Early Week 11 fantasy football rankings: 30 risers and fallers
- Kamala IS brat: These are some of the celebrities throwing their support behind Kamala Harris' campaign for president
- Donald Trump and Bryson DeChambeau aim to break 50 on YouTube: Five takeaways
- Google’s corporate parent still prospering amid shift injecting more AI technology in search
- A crowd of strangers brought 613 cakes and then set out to eat them
- Terrell Davis' lawyer releases video of United plane handcuffing incident, announces plans to sue airline
- Police investigate death of Autumn Oxley, Virginia woman featured on ’16 and Pregnant’
- Demonstrators stage mass protest against Netanyahu visit and US military aid to Israel
Recommendation
-
Jason Statham Shares Rare Family Photos of Rosie Huntington-Whiteley and Their Kids on Vacation
-
FTC launches probe into whether surveillance pricing can boost costs for consumers
-
Netanyahu looks to boost US support in speech to Congress, but faces protests and lawmaker boycotts
-
IOC President Bach says Israeli-Palestinian athletes 'living in peaceful coexistence'
-
How Jersey Shore's Sammi Sweetheart Giancola's Fiancé Justin May Supports Her on IVF Journey
-
State election directors fear the Postal Service can’t handle expected crush of mail-in ballots
-
What is the first step after a data breach? How to protect your accounts
-
NFL Star Joe Burrow Shocks Eminem Fans With Slim Shady-Inspired Transformation