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This is an archive article published on March 28, 2013

Pfizer gets new rebuff from UK cost body for cancer drug

NICE recommendations are preliminary and subject to further consultation.

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Pfizer suffered a second rejection in two days from Britain’s health cost watchdog NICE as its new kidney cancer drug Inlyta was turned down for use on the state health service.

The National Institute for Health and Clinical Excellence (NICE) said on Thursday the new treatment was not a cost-effective use of National Health Service resources.

The decision follows a similar rebuff for Pfizer’s lung cancer drug Xalkori on Wednesday.

In both cases,the NICE recommendations are preliminary and subject to further consultation.

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On Govt table: How to help exporters not lose market share due to 50% US tariff
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The Indian government is implementing strategies to protect its market share from the impact of high US tariffs. This includes providing support to exporters through subsidies, loans, and credit guarantees, as well as helping them access domestic buyers. However, India's export growth to US is lower compared to its competitors, and the situation may worsen with additional tariffs on Russian oil.

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