Vivus’s Weight-Loss Pill Covered by Insurers 30% of the Time
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Vivus Inc.’s obesity drug Qsymia was covered by health insurers more often than anticipated in its first week on the market, which may help drive sales.
Vivus had said it didn’t expect health plans to agree to pay for the medicine, according to Andrew Berens, an analyst with Bloomberg Industries. Qsymia was covered about a third of the time in the week starting Sept. 21. Insurers paying for the Mountain View, California-based company’s treatment may boost use of Qsymia, since patients wouldn’t have to pay cash.