2016
DOI: 10.1007/s40261-016-0403-1
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Linking the Price of Cancer Drug Treatments to Their Clinical Value

Abstract: This method may be considered a tool for the evaluation of appropriateness of price proposed at negotiation and could represent a reliable resource for decision-making. Furthermore, this analysis suggests that most recently approved cancer drugs in Italy do not fulfill price adequacy.

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Cited by 7 publications
(10 citation statements)
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References 34 publications
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“…Over the last decade, health systems were increasingly burdened with fast growing expenditures on oncology drugs, with a total expenditure in Europe from 7.6 billion in 2005 to 19.1 billion in 2014 (Jönsson et al, 2016). Uncertain benefit-risk ratios put the high prices for oncology drugs under debate (Garattini and Bertele, 2002; Fojo and Grady, 2009; Abboud et al, 2013; Pauwels et al, 2014; Fojo and Lo, 2016; Gozzo et al, 2016). …”
Section: Introductionmentioning
confidence: 99%
“…Over the last decade, health systems were increasingly burdened with fast growing expenditures on oncology drugs, with a total expenditure in Europe from 7.6 billion in 2005 to 19.1 billion in 2014 (Jönsson et al, 2016). Uncertain benefit-risk ratios put the high prices for oncology drugs under debate (Garattini and Bertele, 2002; Fojo and Grady, 2009; Abboud et al, 2013; Pauwels et al, 2014; Fojo and Lo, 2016; Gozzo et al, 2016). …”
Section: Introductionmentioning
confidence: 99%
“…This evidence is central to recent debates around the affordability of cancer drugs and the sustainability of high drug prices. 1 3 The tension between effective management of health care budgets and the provision of optimal care to cancer patients highlights the need for decision makers to assess the true value of cancer treatments using the most rigorous and robust methods. 4 , 5 …”
Section: Introductionmentioning
confidence: 99%
“…Comparing treatment effect can be complex; this is particularly true given the numerous surrogate endpoints often used in clinical trials which may, or may not, be predictive of a true OS benefit. 1 , 6 In the evaluation of new treatments, a balance between disease progression and treatment-related toxicities is key to determining clinically meaningful outcomes for patients. To improve cross product and disease area comparisons, the European Society for Medical Oncology (ESMO) has developed a reproducible tool which can be applied to new anticancer treatments to assess the magnitude of clinical benefit (ESMO Magnitude of Clinical Benefit Scale).…”
Section: Introductionmentioning
confidence: 99%
“…None of the drugs evaluated (abiraterone, afatinib, aflibercept, bevacizumab, dabrafenib, and ipilimumab) achieved a final score of 75 (corresponding to adequate pricing), with afatinib achieving the highest score of 55 points. 29 The absolute cost to society will become increasingly unaffordable if every drug with statistically significant, but clinically unimportant, benefit is approved and will be prescribed/reimbursed. 30 For all new medicines, in addition to efficacy and safety, there should be a focus on value, with measured outcomes.…”
Section: High Drug Costs Should Only Be Considered Acceptable If Imprmentioning
confidence: 99%
“…27 Several studies have demonstrated a weak correlation between the price of a drug and its benefit for the individual patient in terms of prolonged survival, degree of tumour shrinkage, or improved quality of life (QoL). 23,28,29 However, the nature of the disease and the seriousness of a diagnosis of cancer also means that physicians and patients are often willing to pay a high price for treatments, even those associated with only marginal improvements in outcome. 30 Recent research suggests that market exclusivity for most approved tyrosine kinase inhibitors is more than a decade, averaging around 14−15 years.…”
mentioning
confidence: 99%