Economics of Cancer and CDF (RE) Flashcards
What is the reason for fragmentation of the oncology market?
74% total sales 2011 were on personalised therapies
Developers are starting to focus on niche subsets for patients with genetic mutations making it harder for drugs to reach blockbuster status.
What are Biosimilars?
Like the ‘generic’
A biopharmaceutical drug designed to have active properties similar to one that has previously been licensed.
When are biosimilars available and why are they relevant?
Once the patent/licensing has run out the market opens up to smaller companies
On average the cost of the drug reduces by 20%
How has the cost of Tamoxifen varied?
In 2011, Tamoxifen (Nalvodex) cost about £1 per 20mg tablet.
Now, the cost of a generic Tamofixen tablet is 8p per 20mg.
What are the prices in the BNF?
Public prices; a purchasing pharmacist will have negotiated the price further for NHS use.
What is Kadcyla?
Trastuzumab emtansine
What is the financial story / controversy surrounding Kadcyla?
In the UK, Kadcyla was not recommended for use by the National Health Service by advisory body NICE, reportedly because an acceptable pricing agreement could not be reached with Roche. Originally it cost £5,900 a month. and NICE estimated it cost £166,000 per QALY (well over the usual maximum). It has been funded by the English NHS Cancer Drugs Fund but in January 2015 it was proposed to remove it from the approved list. After a secret discount was agreed by Roche the Cancer Drugs Fund will continue to fund it.
What are NICE technology appraisals?
Technology appraisal guidance are recommendations on NHS
What do NICE technology appraisals review?
Review available evidence for clinical and cost effectiveness in medicines, devices, diagnostic technique, surgical procedures and health promotion activities.
How is incremental cost calculated?
Total cost of proposal - total cost of comparator
How is incremental QALY calculated?
Total QALYs for proposal - total QALYs for comparator
What is the Markov Model designed to do?
To represent the disease progression of a cohort of patients (i.e. NSCLC )
The clinical pathway and decision making is aligned with UK clinical practice
What stages of disease are included in the Markov Model?
Pre-progression –> Post-progression–> Dead
We want to reduce the transition in patients from 1 to 2
The drug should maintain you at pre-progression.
What is the time frame allocated to ‘End of Life’ treatment?
Normally assigned to patient with less than 24 months
There must be sufficient evidence that the treatment offers an extension of life, the addition of atleast 3 months compared with NHS treatment
What is a QALY reweighted to in ‘End of Life’?
QALY threshold increased to £50,000 per QALY from £20,000