Budget Impact Analysis of Faricimab for Treating Patients With Diabetes Macular Edema or Neovascular Age-Related Macular Degeneration in El Salvador, Honduras, and Dominican Republic
Author(s)
Hidalgo J1, Santos M2, Deras P3, Castro A4, Flores M4, Roi R5, Gonzáles A5, Asilis Mera J6
1Roche, Alajuela, A, Costa Rica, 2Instituto Hondureño de Seguridad Social, Tegucigalpa, Tegucigalpa, Honduras, 3Hospital San Felipe, Tegucigalpa, Tegucigalpa, Honduras, 4Instituto de Seguridad Social de El Salvador, San Salvador, San Salvador, El Salvador, 5Private Clinic, Santo Domingo, Santo Domingo, Dominican Republic, 6Private Clinic, Santiago de Los Caballeros, Santiago de Los Caballeros, Dominican Republic
Presentation Documents
OBJECTIVES: Diabetic Macular Edema (DME) and neovascular Age-related Macular Degeneration (nAMD) cause vision loss leading to loss of health-related quality of life. Faricimab is a bispecific antibody that binds and inhibits both VEGF-A and angiopoietin-2. The aim is to estimate the budget impact (BI) of using Faricimab in Honduras (HON), El Salvador (SLV) & Dominican Republic (DR) public healthcare system.
METHODS: A BI model estimated the change in expenditure over a three-year time horizon for treating patients with DME or nAMD in the countries, assuming a cohort increasing by 3% of new patients annually with Faricimab. The comparators are Standard of Care (SoC), Aflibercept & Ranibizumab. Patients eligible to treat DME in SLV, DR & HON are respectively: 35,468; 80,847; 38,755 (48% have bilateral disease) and 4,016; 7,482; 3,378 for nAMD (36% have bilateral disease). Patients with DME treated with Faricimab receive 8.4 intravitreal injections in first-year and 4.9 after the second-year; 9.4 and 5.0 with Aflibercept; and 9.9 and 5.5 with SoC. Patients with nAMD treated with Faricimab receive 6.79 intravitreal injections annually and 4.69 after the second-year; 8.0 and 5.63 with Aflibercept; and 10.06 and 8.44 with SoC. Application costs were considered (visits & OCT scans). An advisory board performed in each country estimated direct and indirect healthcare costs.
RESULTS: First-year's BI in SLV, DR and HON are respectively: USD($)440,101; $1,809,024; $1,044,975; second year $887,785; $3,649,226; $2,107,959; third-year $1,342,700; $5,519,136; $3,188,105; and 3-year total BI is $2,670,586; $10,997,386; 6,341,039. The increase in using Faricimab per patient/year in SLV, DR and HON are respectively: $368,24; $677,12 and $819,37.
CONCLUSIONS: Faricimab has an economic impact of $2,7; $11 & $6 million dollars for the SLV, DR and HON healthcare system respectively in three years because the SoC is a very low-cost drug and Faricimab price considered was private, although it’s higher frequency of application.
Conference/Value in Health Info
Value in Health, Volume 26, Issue 11, S2 (December 2023)
Code
EE712
Topic
Economic Evaluation, Organizational Practices, Study Approaches
Topic Subcategory
Budget Impact Analysis, Decision Modeling & Simulation
Disease
Diabetes/Endocrine/Metabolic Disorders (including obesity), Drugs, Sensory System Disorders (Ear, Eye, Dental, Skin)