Medicare Panel Backs Prostate Drug

17 November 2010

By Andrew Pollack, New York Times

A federal advisory committee said Wednesday that there was adequate evidence that the drug Provenge prolongs the lives of men with advanced prostate cancer, an endorsement that makes it more likely that Medicare will pay for the $93,000 treatment.

The Medicare Coverage Advisory Committee voted that it had "intermediate confidence'' in the strength of the data that the drug, developed by Dendreon, improves survival.

The meeting Wednesday is part of a process in which the Centers for Medicare and Medicaid Services is deciding whether to pay for Provenge, which was approved by the Food and Drug Administration in April.

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