New Alzheimer’s drug is first to show it slows disease. But It’s facing a rocky rollout

Robert Langreth, Matthew Griffin | (TNS) Bloomberg News

Eisai Co.’s breakthrough Alzheimer’s drug — the first to show it slows the brain-destroying disease — is facing a rocky rollout as doctors grapple with logistical issues, insurance uncertainties and complicated safety testing requirements.

The same day Eisai’s Leqembi received full US approval, Medicare officials said the government health program for the elderly will pay for it. But that doesn’t mean patients will be able to get the $26,500-a-year treatment quickly. Doctors at top medical centers said they’re still trying to coordinate required testing, reimbursement and a real-world monitoring system of patients’ side effects and cognitive status.

“I’m not even sure we know all the steps right now,” said Constantine Lyketsos, director of the the Memory and Alzheimer’s Treatment Center at Johns Hopkins Medicine in Baltimore.

The need for therapy is urgent and widespread: More than 6 million Americans have Alzheimer’s, a number projected to roughly double by 2060 as the population ages. A significant portion with mild disease might be eligible for Leqembi, and Eisai expects global sales of more than $7 billion in fiscal 2030.

“It’s a game-changer,” that may be followed by other, better drugs, said Anna Nordvig, a neurologist at the New York-Presbyterian and Weill Cornell Medicine Alzheimer’s Disease and Memory Disorders Program.

Eisai said Leqembi’s launch is progressing well, with coverage from both Medicare and Medicaid, the health program for low-income people, along with other payers. The company is providing health-care professionals with information about the drug and its use in Alzheimer’s, it said by email.

Long Wait

Interest appears strong, said Lawrence Honig, director of the Center of Excellence for Alzheimer’s Disease at Columbia University Medical Center, and he’s started writing prescriptions. Dementia specialists at Columbia University Irving Medical Center are getting daily calls and messages about the drug, said Honig, who earlier conducted studies of Leqembi.

But for most patients, the wait is likely to be weeks or longer. Lyketsos foresees rolling out Leqembi at Hopkins in September at the earliest. Doctors at Mayo Clinic in Rochester, Minnesota, said they won’t start wide use of the drug until the fall, after they work out procedures for administering it. Other centers plan to pilot it on relatively small numbers of patients until they’re sure the drug and tests are routinely covered by insurers. Jefferies analysts estimate that just 3,000 patients will be on Leqembi by year-end.

Betsy Groves, a 74-year-old retired clinical social worker from Cambridge, Massachusetts, with early-stage Alzheimer’s, hopes to be one of them. She’s expecting to start on Leqembi after her next neurology appointment that’s scheduled for October.

Groves said she isn’t particularly worried about the side effects. They can be significant, such as swelling and bleeding in the brain that’s usually asymptomatic, and turn life-threatening in rare cases. Patients must weigh that against the modest slowing of the disease that the drug offers.

“Our folks are saying, ‘We’re not impressed with the benefit and we worry about the risk,’” Lyketsos said. So far, he said, most of his eligible patients are opting against Leqembi.

To qualify, patients need to undergo cognitive and functional tests, as well as a specialized amyloid brain scan that hasn’t been widely covered by insurance until now. Alternatively, they can undergo a spinal tap, but some patients find these unpleasant, and they give less information than the scan.

That’s just the start. Patients need a separate scan to establish brain status before starting on the drug. They’ll need three more MRI scans in about the first six months of treatment to monitor for early signs of side effects. And the FDA advises testing for a gene called APOE4 that could signal a far greater risk of brain swelling or bleeding.

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