ECONOMIC IMPACT OF THE END OF THE MARKET EXCLUSIVITY FOR ORPHAN DRUGS
Author(s)
Kandel M1, Degrassat-Théas A1, Parent de Curzon O1, Sinègre M1, Paubel P2
1AGEPS, Paris, France, 2AP-HP, AGEPS, Paris, France
OBJECTIVES: In order to stimulate the research and development of orphan drugs, in 2000 the EU introduced new legislation with the aim of providing incentives for the development of drugs for rare disorders. One of the strongest incentives, regarding experience in the United States of America and Japan, is a market exclusivity period post authorization for designated products. The objective of this study is to assess if the 10 year market exclusivity has created a market failure by assessing the prices and the competition environment of drugs for which this period has come to an end. METHODS: From the 2014 Orphanet’s list, we retrieved the 20 drugs that have lost their market exclusivity for at least one indication (26 indications). It is worth to note that some of them still have market exclusivity for another indication, which means they may still be on the orphan drug register. We focused on the French market and used French administrated prices. RESULTS:
Conference/Value in Health Info
2015-11, ISPOR Europe 2015, Milan, Italy
Value in Health, Vol. 18, No. 7 (November 2015)
Code
PSY112
Topic
Economic Evaluation, Health Policy & Regulatory
Topic Subcategory
Cost/Cost of Illness/Resource Use Studies, Pricing Policy & Schemes
Disease
Rare and Orphan Diseases