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Cost-effectiveness and pricing of antibacterial drugs.

Verhoef, TI; Morris, S; (2015) Cost-effectiveness and pricing of antibacterial drugs. Chem Biol Drug Des , 85 (1) 4 - 13. 10.1111/cbdd.12417. Green open access

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Abstract

Growing resistance to antibacterial agents has increased the need for the development of new drugs to treat bacterial infections. Given increasing pressure on limited health budgets, it is important to study the cost-effectiveness of these drugs, as well as their safety and efficacy, to find out whether or not they provide value for money and should be reimbursed. In this article, we systematically reviewed 38 cost-effectiveness analyses of new antibacterial agents. Most studies showed the new antibacterial drugs were cost-effective compared to older generation drugs. Drug pricing is a complicated process, involving different stakeholders, and has a large influence on cost-effectiveness. Value-based pricing is a method to determine the price of a drug at which it can be cost-effective. It is currently unclear what the influence of value-based pricing will be on the prices of new antibacterial agents, but an important factor will be the definition of 'value', which as well as the impact of the drug on patient health might also include other factors such as wider social impact and the health impact of disease.

Type: Article
Title: Cost-effectiveness and pricing of antibacterial drugs.
Location: England
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/cbdd.12417
Publisher version: http://dx.doi.org/10.1111/cbdd.12417
Language: English
Additional information: © 2015 The Authors. Chemical Biology & Drug Design Published by John Wiley & Sons Ltd. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
Keywords: antibacterial drugs, antibiotics, cost-effectiveness, health economics, value-based pricing
UCL classification: UCL
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Population Health Sciences > Institute of Epidemiology and Health
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Population Health Sciences > Institute of Epidemiology and Health > Applied Health Research
URI: https://discovery.ucl.ac.uk/id/eprint/1459939
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