Current:Home > FinanceA popular asthma inhaler will be discontinued in January. Here's what to know. -USAMarket
A popular asthma inhaler will be discontinued in January. Here's what to know.
View
Date:2025-04-17 13:14:07
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! (925)
Related
- Current, future North Carolina governor’s challenge of power
- Vanessa Hudgens Is Pregnant, Expecting Baby with Husband Cole Tucker
- There shouldn't be any doubts about Hannah Hidalgo and the Notre Dame women's basketball team
- Oscars 2024: Why Barbie Star Simu Liu Owes Margot Robbie for This Fantastic Favor
- Intel's stock did something it hasn't done since 2022
- Oscars 2024: Chris Hemsworth and Elsa Pataky Have an A-Thor-able Date Night
- Becky G's Sultry 2024 Oscars Ensemble Is One You Need to See
- Chris Evans and His Leading Lady Alba Baptista Match Styles at Pre-Oscars Party
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Ashley Tisdale Reveals Where She and Vanessa Hudgens Stand Amid Feud Rumors
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- You'll Crazy, Stupid, Love Emma Stone's Shell-Inspired 2024 Oscars Gown
- Disney's 'Minnie Kitchen Sink Sundae' for Women's History Month sparks backlash: 'My jaw hit the floor'
- Akira Toriyama, creator of Dragon Ball series and other popular anime, dies at 68
- The Best Stocking Stuffers Under $25
- How to watch Caitlin Clark, Iowa play Nebraska in Big Ten tournament championship
- What's the big deal about the April 2024 total solar eclipse? Why it's so interesting.
- South Carolina’s Kamilla Cardoso shoves LSU’s Flau’jae Johnson, is ejected with 5 other players
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
France enshrines abortion as a constitutional right as the world marks International Women’s Day
Taylor Swift fans insist bride keep autographed guitar, donate for wedding
2024 Oscars: You’ll Want to Hear Ariana Grande Raving About Wicked
North Carolina justices rule for restaurants in COVID
Why Ryan Gosling's 'I'm Just Ken' was nearly cut from 'Barbie' film
Julianne Hough's Stunning Oscars 2024 Look Includes Surprise Pants
A TV show cooking segment featured a chef frying fish. It ended up being a near-extinct species – and fishermen were furious.