MARKET DYNAMICS OF STATIN MEDICATIONS
Author(s)
Jung S1, Kim t1, Kwon H2, Bae S1
1Ewha Womans University, Seoul, Korea, Republic of (South), 2Mokwon University, Daejeon, Korea, Republic of (South)
OBJECTIVES: it is not clear whether the introduction of low-cost generics have actually reduced pharmaceutical spending, especially when the definition of target population is rather vague. We sought to describe market dynamics of statins, where in-patent and off-patent drugs are mixed and whose demand is relatively elastic. METHODS: We utilized IMS Health Analytical Link databases from 2012 to 2016 in Italy, Japan, Germany, France, UK, US, Switzerland, Taiwan, Korea, and Australia. We refer to the volume (in Standard Unit, SU), price per SU, and the market share of the generics vs, originator where patents had expired in 2012 in most countries (simvastatin, atorvastatin), and have partly expired (rosuvastatin pitavastin). Their market expansion was measured as CAGR (compound annual growth rate) and relative market share was illustrated. RESULTS: CONCLUSIONS: statin volume has expanded, yet its expansion differ dramatically based on the price, patent status, and the country characteristics.
Conference/Value in Health Info
2017-11, ISPOR Europe 2017, Glasgow, Scotland
Value in Health, Vol. 20, No. 9 (October 2017)
Code
PCV152
Topic
Health Service Delivery & Process of Care
Topic Subcategory
Prescribing Behavior
Disease
Cardiovascular Disorders