Access Pharmaceuticals Provides Update on Increasing Payer Uptake for MuGard
/PRNewswire/ -- ACCESS PHARMACEUTICALS, INC. (OTCBB: ACCP), a biopharmaceutical company leveraging its proprietary drug-delivery platforms to develop treatments in areas of oncology, cancer supportive care and diabetes, announced that the reimbursement for its lead product for oral mucositis, MuGard, has increased significantly over the past few months. Over the past few months, Access has more than doubled the amount of payers providing coverage for MuGard in the U.S.; growing from approximately 30 payers to over 70 payers and pharmacy benefit managers (PBM's). MuGard continues being covered by these third party payer programs with standard pharmacy benefit copayment.On the heels of its full-scale six month sampling initiative commenced less than a year ago, Access launched MuGard in , Humana and Express Scripts. Since then, reimbursement has more than doubled and now includes payers such as several state Anthem plans, various Aetna and Cigna plans Assurant Health, Keystone, Wellspan Plus and additional BlueCross Blue Shield (BCBS) and United Healthcare state plans.
"We are pleased to see the execution of our integrated payer strategy moving us closer to nationwide reimbursement for MuGard," said , VP Managed Care and Market Access, Access Pharmaceuticals, Inc. He continued, "The progress made within our Payer/PBM outreach programs continues to validate our efforts to advance reimbursement and market access for MuGard."
About MuGard:
MuGard is a novel; ready-to-use mucoadhesive oral wound rinse and coating for the management of oral mucositis , a debilitating side effect of many anticancer treatments. Up to 40% of all patients receiving chemotherapy and radiotherapy develop moderate to severe mucositis, and almost all patients receiving radiotherapy for head and neck cancer and those undergoing stem cell transplantation develop mucositis. Updated clinical practice guidelines for the prevention and treatment of mucositis recommend the use of a preventive oral care regimen as part of routine supportive care along with a therapeutic oral care regimen if mucositis develops. The market for the treatment of oral mucositis is estimated to be in excess of .
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