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SOURCE Eisai Inc.
Number of Insured Commercial Lives in the U.S. with Coverage for BELVIQ® Now Exceeds 50 Percent
WOODCLIFF LAKE, N.J., Feb. 10, 2014 /PRNewswire/ -- Eisai Inc. reported today that it has secured improved patient access of BELVIQ® (lorcaserin HCl) with two leading healthcare benefit companies: CVS Caremark and Aetna.
WOODCLIFF LAKE, N.J., Feb. 10, 2014 /PRNewswire/ -- Eisai Inc. reported today that it has secured improved patient access of BELVIQ® (lorcaserin HCl) with two leading healthcare benefit companies: CVS Caremark and Aetna.CVS Caremark customers (employers and health plans) have broadened the coverage of Eisai's BELVIQ, according to Fingertip Formulary, an integrated database of formulary information. Fingertip Formulary reports that depending on the design of the health plan or employer benefit, eligible CVS Caremark members may have access to BELVIQ in either a preferred or non-preferred brand position. In addition, Fingertip Formulary states that the number of insured commercial lives in the United States with coverage for BELVIQ is growing, and now exceeds 50 percent.
Recently, Aetna announced that it would offer BELVIQ as a preferred brand to eligible patients as part of its pilot program to self-insured plan sponsors. The Aetna program, which offers access to lifestyle management programs and surgical options, also will measure improvement in health outcomes, productivity and medical costs.
"We are committed to ensuring that patients have access to BELVIQ," said Lonnel Coats, President and Chief Executive Officer, Eisai Inc. "Given how many people are struggling with their weight, it's important to provide options to those who have not been able to sustain long-term weight loss with diet and exercise alone."
Approximately one-third of American adults are overweight and another one-third of adults are obese. This dramatic rise of people who are obese or overweight has major consequences for public health. In addition, obesity is related to annual medical and pharmacy costs of up to $147 billion and productivity costs (encompassing absenteeism and presenteeism) of up to $60 billion.
Fingertip Formulary's reporting of covered commercial lives provides general insights to patient access. A patient's individual coverage for BELVIQ will vary and is based upon the design of their health plan or their employer benefit. Patients should contact their insurance provider or employer for determination of their individual coverage.
About BELVIQ® (lorcaserin HCl) CIV
BELVIQ is used along with a reduced-calorie diet and increased physical activity for chronic weight management in adults who have a body mass index (BMI) of 30 kg/m2 or greater (obese), or BMI of 27 kg/m2 or greater (overweight) with at least one weight-related medical condition such as high blood pressure, high cholesterol, or type 2 diabetes. It is not known if BELVIQ is safe and effective when taken with other prescription, over-the-counter, or herbal weight loss products, nor is it known if BELVIQ changes the risk of heart problems or stroke, or death due to heart problems or stroke.
BELVIQ is believed to decrease food consumption and promote satiety by selectively activating serotonin 2C receptors in the brain. The exact mechanism of action of BELVIQ is not known.
Important Safety Information
BELVIQ is a federally controlled substance (CIV) because it may be abused or lead to drug dependence.
BELVIQ® is a registered trademark of Arena Pharmaceuticals GmbH.
About Eisai Inc.
At Eisai Inc., human health care is our goal. We give our first thoughts to patients and their families, and helping to increase the benefits health care provides. As the U.S. pharmaceutical subsidiary of Tokyo-based Eisai Co., Ltd., we have a passionate commitment to patient care that is the driving force behind our efforts to help address unmet medical needs. We are a fully integrated pharmaceutical business with discovery, clinical, manufacturing and marketing capabilities. Our key areas of commercial focus include oncology and specialty care (Alzheimer's disease, epilepsy and metabolic disorders). To learn more about Eisai Inc., please visit us at www.eisai.com/US.
Eisai Inc. has affiliates that are part of a global product creation organization that includes R&D facilities in Massachusetts, New Jersey, North Carolina and Pennsylvania, as well as a global demand chain organization that includes manufacturing facilities in Maryland and North Carolina. Eisai's global areas of R&D focus include neuroscience; oncology; metabolic disorders; vascular, inflammatory and immunological reaction; and antibody-based programs.
Media Inquiries Investor Inquiries Laurie Landau Alex Scott Eisai Inc. Eisai Inc. (201) 746-2510 (201) 746-2177
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