IMPACT OF GENERIC COMPETITION ON CHANGES IN REFERENCE PRICE PER DDD AND MEDICNES UTILIZATION IN THE GROUP OF STATINS
Author(s)
Petrova G1, Mitkova Z1, Stoimenova A2, Manova M3
1Medical University-Sofia, Faculty of Pharmacy, Sofia, Bulgaria, 2The Bulgarian Drug Agency, Sofia, Bulgaria, 3National Council on Prices and Reimbursement of Medicinal Products, Sofia, Bulgaria
OBJECTIVES: To analyze how the inclusion of new essentially similar medicines in the Positive Drug List in Bulgaria changed reference price per DDD (defined daily dose) and medicines utilization in the group of statins. METHODS: It is a retrospective, observational and statistical analysis of the changes in reference price per DDD (the lowest one within the same INN-International nonproprietary name) for the period 2009 - 2013 year. The medicines utilization is calculated by the DDD/1000/inh/day = ((Sales data in mg/ DDD)/(N inhabitans*365)). Prices was gathered from the PDL and sales data from the Bulgarian Drug Agency. Statistical significance is tested with t-test analysis. RESULTS: Within the observed period 3 new essentially similar products were included with INN simvastatin, 1 with fluvastatin, 8 with atorvastatin, and 10 with rosuvastatin. No new products were observed in the group of INN lovastatin. The reference price per DDD decreases statistically significant for all INNs between 3% and 86 % within observed period. The most significant change was observed for rosuvastatin, where were included high number of new products. The utilization expressed as DDD/1000inh/day increases between 2009 and 2013 years for Simvastatin (4.5 vs. 6.93), Atorvastatin (3.36 vs. 8.31), and Rosuvastatin (1.04 vs. 9.11). All changes are statistically significant. CONCLUSIONS: Generic competition benefits both – the prices and utilization of essentially similar medicines. With the inclusion of new products within the groups with the same INNs the reference price per DDD is decreasing while the utilization in DDD/1000inh/day is increasing. This means that the patients’ access is improved.
Conference/Value in Health Info
2016-10, ISPOR Europe 2016, Vienna, Austria
Value in Health, Vol. 19, No. 7 (November 2016)
Code
PCV134
Topic
Health Service Delivery & Process of Care
Topic Subcategory
Prescribing Behavior
Disease
Cardiovascular Disorders