Ilaris Complete Response Letter Raises Questions About The Validity of Priority Review Vouchers
Executive Summary
What’s a Priority Review Voucher worth? That’s a complicated question now that the first voucher used on an application, from drug maker Novartis AG for Ilaris (canakinumab), has received a complete response letter from US regulators.
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How Much Is A Priority Review Voucher Worth? Perhaps $387 Mil.
There's no real market for priority review vouchers; indeed, it seems like there is only one voucher in existence at the moment – Novartis' coupon from the Coartem approval.