Global Dynamics of Drug Pricing: Analyzing the Influence of Emerging Countries on Pricing Strategies in Developed Nations

Author(s)

Bordoy Coma-Cros C1, Zhu XW1, Stasse C2, Vidiella E1, Lizano I1, Blanque-Catalina N1
1Alira Health, Barcelona, Spain, 2Alira Health, Paris, France

OBJECTIVES: The pharmaceutical industry is transforming, reshaping the landscape of launch strategies. This paradigm shift presents an opportunity for companies to reconsider their launch sequencing, with a growing emphasis on prioritizing emerging markets, deviating from conventional practices. This study aims to investigate the impact of pricing in emerging countries on developed markets.

METHODS: An analysis of the pricing evolution of TECENTRIQ and IMFINZI, was conducted, assessing the historical prices since launch in selected developed and emerging countries.

RESULTS: The study encompassed the price evolution of TECENTRIQ and IMFINZI across 16 countries: 6 developed (France, Germany, Italy, Spain, the UK, and the US), 5 principal emerging (Brazil, China, Russia, South Africa, and South Korea), and 5 less common developing (Egypt, Czech Republic, Jordan, Latvia, and Lebanon) countries. Price drops were observed in France and Germany, while none were noted in Italy, Spain, and the UK. These price fluctuations in developed countries were cross-referenced with the launch date in emerging countries. However, further investigation indicated that these price reductions were attributed to national- or company-specific factors. Additionally, pricing criteria analysis revealed no discernible correlation with pricing in emerging countries. In the US, annual price increases were observed (i.e., no impact from the pricing in emerging countries).

CONCLUSIONS: The pricing strategies adopted in emerging countries do not manifest a discernible impact on the pricing observed in developed nations, and no apparent correlation was found between these launches and the pricing trends. Additionally, pricing criteria in developed nations revealed a noninterest regarding the situation in emerging countries. In light of these observations, it can be inferred that a recalibration of the historical launch sequence for drugs is feasible, as it is unlikely to result in a significant impact on pricing strategies in developed countries. Further investigations is needed to understand trends in other therapeutic areas.

Conference/Value in Health Info

2024-11, ISPOR Europe 2024, Barcelona, Spain

Value in Health, Volume 27, Issue 12, S2 (December 2024)

Code

EE554

Topic

Economic Evaluation, Health Policy & Regulatory, Organizational Practices

Topic Subcategory

Health Disparities & Equity, Novel & Social Elements of Value, Pricing Policy & Schemes

Disease

Oncology

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