COST-EFFECTIVENESS ANALYSIS OF LATANOPROST COMPARED WITH DORZOLAMIDE/TIMOLOL FIXED COMBINATION FOR THE TREATMENT OF OPEN-ANGLE GLAUCOMA AND OCULAR HYPERTENSION PATIENTS IN KOREA
Author(s)
Lee Y, Park DJ, Ko S
Pfizer Pharmaceuticals Korea Ltd., Seoul, South Korea
METHODS
: A decision analytic model was developed from a payer perspective to evaluate clinical effectiveness, costs and utility values of latanoprost and dorzolamide/timolol fixed combination. The model was constructed based on a one-month cycle with a time horizon of one year. The treatment success to measure effectiveness was defined as achieving a ≥20% reduction IOP from baseline. Costs of medication, diagnostic fees, physician and pharmacy visitation fees, and surgery fees were included in the study. Utility values according to the severity of glaucoma were also incorporated in the model. Treatment success and failure rates as well as utility for each health state were obtained from previously published literature and local market analysis data. Cost information was obtained from Korea-specific data sources. The result of this study was expressed in an incremental cost-effectiveness ratio (ICER). One-way sensitivity analysis was conducted to evaluate different clinical parameters.
RESULTS
: The final effectiveness values for latanoprost and dorzolamide/timolol fixed combination were 0.9098 and 0.9089 in quality-adjusted life year (QALY), and the final costs were 550,737 KRW and 534,789 KRW respectively. Latanoprost displayed an ICER of 17,500,246 KRW/QALY compared to dorzolamide/timolol fixed combination.
CONCLUSIONS
: Under the currently implied ICER threshold in Korea, latanoprost can be interpreted as a cost-effective treatment option compared to dorzolamide/timolol fixed combination on the treatment of glaucoma.
Conference/Value in Health Info
Value in Health, Vol. 17, No. 7 (November 2014)
Code
PSS5
Topic
Economic Evaluation
Topic Subcategory
Cost-comparison, Effectiveness, Utility, Benefit Analysis
Disease
Sensory System Disorders