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Economic Considerations for Complex Mixture Drugs

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The Science and Regulations of Naturally Derived Complex Drugs

Part of the book series: AAPS Advances in the Pharmaceutical Sciences Series ((AAPS,volume 32))

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Abstract

This chapter focuses on naturally derived complex drug products from an economic and regulatory point of view. Key stakeholders in the healthcare industry (e.g., physicians and payers) have been using pharmacoeconomic evaluations to make critical decisions, such as those pertaining to prescription and reimbursement coverage. The cost-effectiveness analytical tools used to conduct these evaluations are herein introduced. The pharmacoeconomic studies on commercially available naturally derived complex drug products are reviewed prior to discussion of the future prospect of these products.

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Notes

  1. 1.

    CMS National Health Expenditure Data in 2014.

  2. 2.

    CMS National Health Expenditure Projections 2015–2025: Forecast Summary.

  3. 3.

    Bootman et al. [6].

  4. 4.

    Parthasarthi et al. [61].

  5. 5.

    Ahmad et al. [1].

  6. 6.

    HTA 101: Introduction to Health Technology Assessment, National Information Center on Health Services Research and Health Care Technology (NICHSR) of the US National Library of Medicine (NLM)

  7. 7.

    Mark and Hlatky [48].

  8. 8.

    Thirugnanam et al. [80].

  9. 9.

    Menzin et al. [53].

  10. 10.

    Thirugnanam et al. [80].

  11. 11.

    CMS National Health Expenditure Data in 2014.

  12. 12.

    EMA official Web site regarding HTA bodies: http://www.ema.europa.eu/ema/index.jsp?curl=pages/partners_and_networks/general/general_content_000476.jsp&

  13. 13.

    Godman et al. [28].

  14. 14.

    http://www.npr.org/sections/health-shots/2016/03/09/469792479/medicare-looks-to-cut-drug-costs-by-changing-how-it-pays-doctors

  15. 15.

    http://www.sciencemag.org/careers/2000/08/pharmacoeconomics-overview-pharmacoeconomics-history-trends-and-recent-growth

  16. 16.

    Directive 2004/24/EC of the European Parliament, Official Journal of the European Union, L 136/85, 2004

  17. 17.

    “WHO Model List of Essential Medicines” (PDF). World Health Organization. October 2013. Retrieved 22 April 2014.

  18. 18.

    Charles and Scott [14].

  19. 19.

    Murray and Best [54].

  20. 20.

    Murray and Best [55].

  21. 21.

    http://www.fda.gov/AdvisoryCommittees/CommitteesMeetingMaterials/ScienceBoardtotheFoodandDrugAdministration/ucm399396.htm

  22. 22.

    Kapoor et al. [38].

  23. 23.

    Thirugnanam et al. [80].

  24. 24.

    Latour-Pérez and de-Miguel-Balsa [42].

  25. 25.

    Fanari et al. [26].

  26. 26.

    https://www.bloomberg.com/news/articles/2015-04-24/health-the-price-of-multiple-sclerosis-drugs-only-goes-up

  27. 27.

    Palace et al. [60].

  28. 28.

    Sumra et al. [76].

  29. 29.

    Owens et al. [59].

  30. 30.

    Boster et al. [7].

  31. 31.

    Sanz-Granda et al. [65].

  32. 32.

    http://www.mayoclinic.org/diseases-conditions/multiple-sclerosis/diagnosis-treatment/treatment/txc-20131903

  33. 33.

    Gold et al. [29].

  34. 34.

    FDA Guidance for Industry: Botanical Drug Products.

  35. 35.

    Official Web site of Drugs@FDA, regulatory profile of sinecatechins, NDA 021902.

  36. 36.

    Botanical and plant-derived drugs: global markets, Kim Lawson, 2015, BCC Research, ISBN: 1-62296-134-X.

  37. 37.

    Langley [41].

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    Langley [41].

  39. 39.

    Official Web site of Drugs@FDA, regulatory profile of crofelemer, NDA 202292

  40. 40.

    http://medicaleconomics.modernmedicine.com/tag/fulyzaq

  41. 41.

    See Footnote 36

  42. 42.

    Directive 2004/24/EC of the European Parliament, Official Journal of the European Union, L 136/85, 2004

  43. 43.

    Wah et al. [84].

  44. 44.

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  45. 45.

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  46. 46.

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Acknowledgements

The author would like to thank the editors, his professors, classmates at MIT, his colleagues at Tasly Pharma, and his friends for their constructive and inspiring advice. Special thanks to author’s parents for their indispensable support.

The work was completed when the author was studying at MIT.

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Correspondence to Sen Lin .

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Lin, S. (2019). Economic Considerations for Complex Mixture Drugs. In: Sasisekharan, R., Lee, S., Rosenberg, A., Walker, L. (eds) The Science and Regulations of Naturally Derived Complex Drugs. AAPS Advances in the Pharmaceutical Sciences Series, vol 32. Springer, Cham. https://doi.org/10.1007/978-3-030-11751-1_16

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