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Alzheimer’s Drug Lecanemab Approved: Cost and Side Effects Explained

by Dr. Michael Lee – Health Editor

New alzheimer’s Drug Approved in Australia, Offers Hope But ​faces Access Barriers

Sydney, Australia – Australia’s Therapeutic Goods Management (TGA) has approved lecanemab, a⁤ new drug for early-stage Alzheimer’s​ disease, ⁤offering a ⁢potential, ⁣albeit limited, advancement​ in slowing cognitive decline.​ Though, the A$40,000 annual cost raises significant ​concerns about​ accessibility for many⁤ patients who ‍could‍ benefit.

lecanemab, marketed as Leqembi, is designed for fortnightly infusions over 18 months, followed by monthly maintenance doses. treatment also necessitates ⁤regular monitoring⁢ via doctors’ appointments, MRI, adn PET scans, adding ⁤to⁣ the overall expense. ​

Currently, lecanemab is not listed on the Pharmaceutical Benefits Scheme (PBS), meaning patients must cover the full cost out-of-pocket. The Pharmaceutical Benefits ‍Advisory Committee‌ (PBAC)​ is yet to review the drug for PBS inclusion. This follows PBAC’s July ⁤rejection of a ‌similar drug,‍ donanemab, due to concerns ​the benefits were “too small and‌ uncertain to justify the burden of⁢ this treatment on both patients and the health system.”

Both lecanemab and donanemab ⁤operate through⁤ a similar mechanism and share comparable costs,efficacy,and risks. Donanemab also received TGA approval earlier ⁣in⁢ 2024.

Experts emphasize lecanemab is not​ a​ cure for Alzheimer’s. while it may slow disease progression,⁢ it does not improve existing symptoms. The drug is only effective⁤ in the earliest stages of Alzheimer’s and will not benefit‌ individuals with dementia caused by other conditions or those with ‌more advanced disease.

Individuals experiencing early ‍Alzheimer’s symptoms, ⁤such as persistent short-term memory loss or‌ confusion regarding time, are advised to ⁣seek prompt medical evaluation for ⁢accurate diagnosis and discussion of treatment⁣ options.

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