Oncologists report that patient out-of-pocket costs can impact form of dosage
CALIFON, NJ, May 5 /PRNewswire/- PediatRx, Inc. (OTCBB: PEDX), a hospital specialty company with a focus on oncology supportive care, released poll data today showing that 98% of physician respondents said at least some of their patients are using co-pay assistance programs for
Co-pay assistance programs can provide financial assistance to insured, as well as uninsured, patients to help cover patient out-of-pocket expenses for prescription medications.
Nearly 2 out of every 3 oncologists polled said that 20% or more of their patients are using co-pay assistance programs for their cancer-related prescriptions.*
PediatRx markets GRANISOL, the only once-daily FDA-approved oral solution of granisetron, a medication used to prevent nausea and vomiting in patients undergoing chemotherapy or radiotherapy for cancer. PediatRx offers a co-pay assistance program that can help non-Medicaid or non-Medicare patients pay for GRANISOL. This program, "GRANI Cares," covers the cost of the copay for the patient, has no income ceiling, and has no limit on the number of prescriptions that qualify.
The poll also addressed costs of anti-nausea therapies. Three out of 4 participating oncologists reported that they would switch patients currently taking an intravenous or an oral anti-nausea agent to the oral solution if there were no out-of-pocket costs for the oral solution. This finding emphasizes the importance of minimizing patient out-of-pocket costs on physician prescribing of oral formulations if available.
Co-pay assistance programs, like GRANI Cares, can provide patient access to cancer-related prescription medications. "If patients cannot afford their medication and do not fill their prescription, then the medication cannot help them. That's why we developed GRANI Cares--to help patients get access to GRANISOL to prevent uncomfortable nausea and vomiting," said Dr. Cameron Durrant, the founder of PediatRx.
The poll questions were conducted using Sermo, the largest active social network of verified US physicians.
*12% (n=12) said 60-100% of their patients use co-pay assistance program, while 22% (n=22) said 40-60%, 29% (n=30) said 20-40%, 35% (n=36) said 1-20%, and 2% (n=2) said none of their patients use co-pay assistance programs.
For the PediatRx co-pay program for GRANISOL, GRANI Cares, please visit: http://www.121hm.com/offers/granisol
For disclaimer information, visit: http://www.121hm.com/offers/granisol/tandc.html
GRANISOL is indicated for the prevention of:
For full prescribing information, visit: http://www.pediatrx.com/products/pdf/granisol_pi.pdf
Selected Safety Information
For further information related to material contained in this release, please contact Holmes World Media Inc., +1 512 981 7369
About PediatRx, Inc..
PediatRx, Inc. (www.pediatrx.com) is a hospital specialty pharmaceutical company which focuses on treatments for patients suffering from serious conditions requiring hospitalization. PediatRx trades on the OTCBB under the ticker symbol PEDX.
Sermo is the largest online physician community, where over 120,000 physicians collaborate to improve patient care. Sermo provides access to its community for clients that need fast, actionable insights.
PD 53 (05/11)
PediatRx Inc. Research & Business Development Email: firstname.lastname@example.org
Shareholder Relations +1 908 975 0753 Email: email@example.com
Sermo Contact: Jon Michaeli Sermo, Inc. P: 617-497-1110 E: firstname.lastname@example.org
SOURCE PediatRx Inc.
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