| Literature DB >> 34537333 |
Colin M Young1, Casey Quinn1, Mark R Trusheim1.
Abstract
Durable cell and gene therapies potentially transform patient lives, but payers fear unsustainable costs arising from the more than 1000 therapies in the development pipeline. A novel multi-module Markov chain Monte Carlo-based model projects product-indication approvals, treated patients, and product revenues. We estimate a mean 63.5 (54-74 5th to 95th percentile range) cumulative US product-indication approvals through 2030, with a mean 93000 patients treated in 2030 generating a mean US$24.4 billion (US$17.0B-35.0B, US$73.0B extreme) list price product revenues not including ancillary medical costs or cost offsets. Thus, the likely dozens of durable cell and gene therapies developed through 2030 are unlikely to threaten US health system financial sustainability.Entities:
Keywords: Drug development; Gene therapy; Health economics; Healthcare financing; Horizon scanning; Markov chain Monte Carlo simulation
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Year: 2021 PMID: 34537333 DOI: 10.1016/j.drudis.2021.09.001
Source DB: PubMed Journal: Drug Discov Today ISSN: 1359-6446 Impact factor: 7.851