IntroductionAsthma is one of the most common diseases in children, with a variable range of severity. In recent years, treatment for severe asthma has been largely improved by the availability of targeted biologic therapies. Nevertheless, studies reporting real‐world data and cost‐effectiveness analyses are lacking. The aim of this study was to evaluate, on a population‐based cohort of children with asthma, the impact of the treatment with biologics on healthcare service utilization and associated costs.MethodsData were retrieved from Healthcare Utilization database of Lombardy region (Italy). A cohort of 46 asthmatic children aged 6–11 in treatment with dupilumab, mepolizumab or omalizumab was identified during 2017–2021. We compared healthcare resources use between the year before (“baseline period”) and the year after the treatment initiation (“follow‐up period”). Average 1‐year healthcare costs were also calculated.ResultsComparing the baseline with the follow‐up period, the number of patients with at least one exacerbation‐related hospitalization and ER access decreased by 75.0% and 85.7%, respectively. The use of biologic agents, namely omalizumab, mepolizumab and dupilumab, significantly reduced oral corticosteroids (OCS), short‐acting β2‐agonists and the association inhaled corticosteroids/long‐acting β2‐agonists use. ER admissions for non‐respiratory causes were also significantly reduced, while discontinuation rate was low (6.5%). The overall costs increased, due to the costs of the biologic agents, but the hospital admission‐related costs due to respiratory causes reduced significantly.ConclusionsOur real‐world investigation suggests that biologic agents reduced hospital admissions for respiratory causes and use of anti‐asthmatic drugs, including OCS. However, long‐term healthcare sustainability still needs more in‐depth assessments.