Hepatitis C drug competition (2014-2017)
Gilead's Sovaldi launched in 2013 as a near-cure for hepatitis C, priced at $1,000 per pill or $84,000 per course. AbbVie's Viekira Pak launched the next year, followed by Gilead's own Harvoni and later Mavyret. Insurers and pharmacy benefit managers used the second entrant to negotiate steep rebates.
Net prices fell more than 50% within three years of the first competitor launch.
Hepatitis C cure rates climbed past 95% in treated patients, and the U.S. cleared most of its diagnosed backlog by the early 2020s.
Drug competition routinely lowers prices and broadens access. A second approved Duchenne gene therapy gives insurers and Medicaid programs leverage that did not exist with one supplier.
