How Much Do New Chemotherapy Drugs Extend Life?
If you put together all the new chemotherapy drugs approved over a dozen years, the average overall survival benefit is only 2.1 months. Though we often hear new cancer drugs described as “game changers” or “breakthroughs,” most afford much more modest benefits. In my last blog, I quoted an editorial in the Journal of the National Cancer Institute suggesting that the majority of new cancer drugs don’t deliver clinically meaningful benefits—at all. When they’re later proven to be ineffective, they’re pulled from the market, right? No. “[E]ven when postmarket studies show the new drugs to have no clinically meaningful benefit compared with [a sugar pill] placebo or observation, most drugs retain FDA [U.S. Food and Drug Administration] approval and remain on the market at prices comparable to those of the most expensive cancer drugs,” the same ridiculous prices. In fact, the most expensive drug the authors looked at, the one costing $169,836 a year, did not improve overall survival a...