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DrugPrice

Opdivo

Nivolumab

Generic availableCancerby Bristol-Myers Squibb
$15,821.00
avg cost per claim
+15.8% year-over-year
$5.1B
Medicare Spending
324,000
Total Claims
66,000
Beneficiaries
$77,667.00
Annual Cost/Patient

Why Opdivo Costs $15,821.00 Per Claim

Opdivo (Nivolumab) is used to treat cancer. According to CMS Medicare Part D spending data, the program spent $5.1B on this drug, covering 66,000 beneficiaries across 324,000 claims.

A generic version of this drug is available, which means lower-cost alternatives exist. Patients should ask their pharmacist about generic Nivolumab or talk to their doctor about therapeutic alternatives that may cost less.

Spending on Opdivo increased by +15.8% year-over-year, driven by increased utilization among Medicare beneficiaries.

Price Breakdown

Avg cost per claim (30-day)$15,821.00
Avg annual cost per patient$77,667.00
Total Medicare spending$5.1B
Total claims324,000
Beneficiaries66,000

Drug Details

Brand Name
Opdivo
Generic Name
Nivolumab
Active Ingredient
Nivolumab
Manufacturer
Bristol-Myers Squibb
Dosage Form
N/A
Route
N/A
Condition
Cancer
FDA Application
BLA125057

Frequently Asked Questions

Opdivo (Nivolumab) costs an average of $15,821.00 per claim based on Medicare Part D data. The estimated annual cost per patient is $77,667.00. Actual out-of-pocket costs depend on your insurance plan and pharmacy.

Yes, a generic version of Opdivo (Nivolumab) is available. Generic medications typically cost 80-95% less than brand-name drugs. Ask your pharmacist about generic Nivolumab.

Medicare Part D spent $5.1B on Opdivo, covering 66,000 beneficiaries across 324,000 claims. This makes it one of the tracked drugs in the Medicare spending dashboard.

Ask your pharmacist about generic Nivolumab, which is typically much cheaper. You can also compare prices at different pharmacies, use prescription discount programs, or ask your doctor about therapeutic alternatives in the same drug class.

Cost data reflects Medicare Part D spending and may not represent retail pharmacy prices. Average cost per claim represents the total drug cost (not patient out-of-pocket) divided by total claims.