scholarly journals Cost comparisons of available brands of insulin glargine preparations

Author(s):  
Vikram Anant Rajadnya ◽  
Diya Amol More

Background: The objective was to study the annual cost of each of the four important brands of insulin glargine available in India and to study the comparative annual cost of all the four brands.Methods: Four most commonly prescribed brands of insulin glargine vials were selected for cost comparisons. The daily as well as annual cost of prescription of insulin glargine vials based on once daily use was worked out directly as well as in percentages and presented in the form of table and bar diagrams.Results: After careful analysis of the data it was found that the costliest brand, brand D is more than two times costlier than the cheapest brand, brand B and thus the brand preparation selection, can lead to huge difference in annual cost burden to the patient.Conclusions: This significant cost difference between costliest and cheapest brands of insulin glargine vials assumes even further importance since majority of the diabetics need to bear the cost of multiple drugs prescribed to them, on their own. Thus it rather becomes a duty of the prescribing health care provider to prescribe those medicines which are cost effective to his/her patients.

2015 ◽  
Vol 4 (6) ◽  
pp. 82 ◽  
Author(s):  
Julie M. Mhlaba ◽  
Emily W. Stockert ◽  
Martin Coronel ◽  
Alexander J. Langerman

Objective: Operating rooms (OR) generate a large portion of hospital revenue and waste. Consequently, improving efficiency and reducing waste is a high priority. Our objective was to quantify waste associated with opened but unused instruments from trays and to compare this with the cost of individually wrapping instruments.Methods: Data was collected from June to November of 2013 in a 550-bed hospital in the United States. We recorded the instrument usage of two commonly-used trays for ten cases each. The time to decontaminate and reassemble instrument trays and peel packs was measured, and the cost to reprocess one instrument was calculated.Results: Average utilization was 14% for the Plastic Soft Tissue Tray and 29% for the Major Laparotomy Tray. Of 98 instruments in the Plastics tray (n = 10), 0% was used in all cases observed and 59% were used in no observed cases. Of 110 instruments in the Major Tray (n = 10), 0% was used in all cases observed and 25% were used in no observed cases. Average cost to reprocess one instrument was $0.34-$0.47 in a tray and $0.81-$0.84 in a peel pack, or individually-wrapped instrument.Conclusions: We estimate that the cost of peel packing an instrument is roughly two times the cost of tray packing. Therefore, it becomes more cost effective from a processing standpoint to package an instrument in a peel pack when there is less than a 42%-56% probability of use depending on instrument type. This study demonstrates an opportunity for reorganization of instrument delivery that could result in a significant cost-savings and waste reduction.


2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Monika Russel-Szymczyk ◽  
Vasil Valov ◽  
Alexandra Savova ◽  
Manoela Manova

Abstract Background This analysis evaluates the cost-effectiveness of insulin degludec (degludec) versus biosimilar insulin glargine U100 (glargine U100) in patients with type 1 (T1DM) and type 2 diabetes mellitus (T2DM) in Bulgaria. Methods A simple, short-term model was used to compare the treatment costs and outcomes associated with hypoglycaemic events with degludec versus glargine U100 in patients with T1DM and T2DM from the perspective of the Bulgarian National Health Insurance Fund. Cost-effectiveness was analysed over a 1-year time horizon using data from clinical trials. The incremental cost-effectiveness ratio (ICER) was the main outcome measure. Results In Bulgaria, degludec was highly cost-effective versus glargine U100 in people with T1DM and T2DM. The ICERs were estimated to be 4493.68 BGN/quality-adjusted life year (QALY) in T1DM, 399.11 BGN/QALY in T2DM on basal oral therapy (T2DMBOT) and 7365.22 BGN/QALY in T2DM on basal bolus therapy (T2DMB/B), which are below the cost-effectiveness threshold of 39,619 BGN in Bulgaria. Degludec was associated with higher insulin costs in all three patient groups; however, savings from a reduction in hypoglycaemic events with degludec versus glargine U100 partially offset these costs. Sensitivity analysis demonstrated that the results were robust and largely insensitive to variations in input parameters. At a willingness-to-pay threshold of 39,619 BGN/QALY, the probability of degludec being cost-effective versus glargine U100 was 60.0% in T1DM, 99.4% in T2DMBOT and 91.3% in T2DMB/B. Conclusion Degludec is a cost-effective alternative to biosimilar glargine U100 for patients with T1DM and T2DM in Bulgaria. Degludec could be of particular benefit to those patients suffering recurrent hypoglycaemia and those who require additional flexibility in the dosing of insulin.


2019 ◽  
Author(s):  
Monika Russel-Szymczyk ◽  
Vasil Valov ◽  
Alexandra Savova ◽  
Manoela Manova

Abstract Background This study investigates the cost-effectiveness of insulin degludec (degludec) versus biosimilar insulin glargine U100 (glargine U100) in patients with type 1 (T1DM) and type 2 diabetes mellitus (T2DM) in Bulgaria.Methods A simple, short-term model was used to compare the treatment costs and outcomes associated with hypoglycaemic events with degludec versus glargine U100 in patients with T1DM and T2DM from the perspective of the Bulgarian National Health Insurance Fund. Cost-effectiveness was analysed over a 1-year time horizon using data from clinical trials. The outcome measure was the incremental cost-effectiveness ratio (ICER).Results Degludec was highly cost-effective versus glargine U100 in people with T1DM and T2DM in Bulgaria. The ICERs were estimated to be 4,493.68 BGN/quality-adjusted life year (QALY) in T1DM, 399.11 BGN/QALY in T2DM on basal oral therapy (T2DM BOT ) and 7,365.22 BGN/QALY in T2DM on basal bolus therapy (T2DM B/B ), which all fall below the cost-effectiveness threshold of 39,619 BGN in Bulgaria. Insulin costs were higher with degludec in all three patient groups, however these were partially offset by savings from a reduction in hypoglycaemic events with degludec versus glargine U100. Sensitivity analysis demonstrated that the results were robust and largely insensitive to variations in input parameters. At a willingness-to-pay threshold of 39,619 BGN/QALY, the probability of degludec being cost-effective versus glargine U100 was 60.0% in T1DM, 99.4% in T2DM BOT and 91.3% in T2DM B/B .Conclusion Degludec is a cost-effective alternative to biosimilar glargine U100 for patients with T1DM and T2DM in Bulgaria. Degludec could be of particular benefit to those patients suffering recurrent hypoglycaemia and those who require additional flexibility in the dosing of insulin.


Stroke ◽  
2015 ◽  
Vol 46 (suppl_1) ◽  
Author(s):  
Nicholas Okon ◽  
Richard Nelson ◽  
Jennifer Majersik ◽  
Alexandra Lesko ◽  
Archit Bhatt ◽  
...  

Background: Stroke care in the Pacific Northwest (PNW) is challenging due to vast distances between small facilities and stroke experts. Regional stroke centers have adopted telestroke to meet this challenge, but often bear the entire cost burden. We sought to determine the effect of distance and facility size on cost-effectiveness of telestroke implementation within our PNW Telestroke Network. Methods: We used a decision analytic model with input parameters obtained from patient-level clinical and hospital costs and reimbursements from the Oregon Providence Telestroke Network using pre- and post-telestroke implementation data. Using a one-year time horizon, we calculated the cost-effectiveness of telestroke for spoke facility characteristics of: (1) stroke volume (</≥ 25/yr), (2) distance to hub facility (</≥ 130 miles), and (3) number of hospital beds (</≥ 70). Data included all acute ischemic stroke patients presenting at the spoke hospitals within 4.5 hours of symptom onset. Probability inputs included IV-tPA treatment rates and transfer status. Effectiveness, measured as quality adjusted life years (QALYs), and costs, were combined to calculate incremental cost effectiveness ratios (ICERs) for the spoke hospitals. ICER’s of <$50,000-$120,000/QALY are considered cost-effective. Outcomes were stratified by percentage of cost burden for implementation by the spoke. Results: See Table 1. Conclusions: Our results suggest that despite the unique characteristics of the PNW, telestroke remained cost effective and the cost effectiveness of telestroke was not affected by bedsize, distance from hub or stroke volumes. Thus, a cost-sharing model may be a feasible solution to telestroke network economic sustainability.


2019 ◽  
Author(s):  
Monika Russel-Szymczyk ◽  
Vasil Valov ◽  
Alexandra Savova ◽  
Manoela Manova

Abstract Background This study investigates the cost-effectiveness of insulin degludec (degludec) versus biosimilar insulin glargine U100 (glargine U100) in patients with type 1 (T1DM) and type 2 diabetes mellitus (T2DM) in Bulgaria.Methods A simple, short-term model was used to compare the treatment costs and outcomes associated with hypoglycaemic events with degludec versus glargine U100 in patients with T1DM and T2DM from the perspective of the Bulgarian National Health Insurance Fund. Cost-effectiveness was analysed over a 1-year time horizon using data from clinical trials. The outcome measure was the incremental cost-effectiveness ratio (ICER).Results Degludec was highly cost-effective versus glargine U100 in people with T1DM and T2DM in Bulgaria. The ICERs were estimated to be 4,493.68 BGN/quality-adjusted life year (QALY) in T1DM, 399.11 BGN/QALY in T2DM on basal oral therapy (T2DM BOT ) and 7,365.22 BGN/QALY in T2DM on basal bolus therapy (T2DM B/B ), which all fall below the cost-effectiveness threshold of 39,619 BGN in Bulgaria. Insulin costs were higher with degludec in all three patient groups, however these were partially offset by savings from a reduction in hypoglycaemic events with degludec versus glargine U100. Sensitivity analysis demonstrated that the results were robust and largely insensitive to variations in input parameters. At a willingness-to-pay threshold of 39,619 BGN/QALY, the probability of degludec being cost-effective versus glargine U100 was 60.0% in T1DM, 99.4% in T2DM BOT and 91.3% in T2DM B/B .Conclusion Degludec is a cost-effective alternative to biosimilar glargine U100 for patients with T1DM and T2DM in Bulgaria. Degludec could be of particular benefit to those patients suffering recurrent hypoglycaemia and those who require additional flexibility in the dosing of insulin.


Blood ◽  
2008 ◽  
Vol 112 (11) ◽  
pp. 1291-1291
Author(s):  
Philip Wells ◽  
Alexander Diamantopoulos ◽  
Fiona Forster ◽  
Michael Lees ◽  
Heather McDonald

Abstract Introduction: Rivaroxaban is a novel, oral, direct Factor Xa inhibitor under regulatory review for prevention of venous thromboembolism (VTE) after total hip and knee replacement surgery. The efficacy and safety of rivaroxaban for VTE prevention following total hip replacement (THR) was assessed in two, large, randomized, controlled trials. RECORD1 compared rivaroxaban (10 mg once daily) with subcutaneous (sc) enoxaparin (40 mg once daily) over 35 days. The primary outcome (deep vein thrombosis, non-fatal pulmonary embolism, and all-cause mortality) occurred in 1.1% of rivaroxaban patients and in 3.7% of enoxaparin patients (RRR 70%; p&lt;0.001). Symptomatic VTE occurred in 0.3% and 0.5%, respectively. RECORD2 compared 35 days’ rivaroxaban (10 mg once daily) with 10–14 days’ enoxaparin (40 mg once daily) followed by placebo. The primary outcome occurred in 2.0% of the rivaroxaban group and 9.3% of the enoxaparin + placebo group (RRR 79%; p&lt;0.001). Symptomatic VTE occurred in 0.2% and 1.2%, respectively. There were no statistical differences in major bleeding between the rivaroxaban and enoxaparin regimens in either trial. This analysis assessed the cost-effectiveness of 35 days oral rivaroxaban versus each regimen of subcutaneous enoxaparin for prevention of VTE following THR in Canada. Methods: An economic model was developed to assess the cost-effectiveness of rivaroxaban versus both durations of enoxaparin after THR in Canada. The analyses were conducted from the perspective of the Ontario (Canadian) Ministry of Health. The incidence of clinical events and their consequences on resource use and quality of life (QoL) were modeled for rivaroxaban and enoxaparin over five years. The incidence of VTE during the period of prophylaxis was based upon RECORD1 and RECORD2, and the incidence of VTE up to 90 days following surgery was extrapolated based on epidemiological data (Quinlan et al., 2007). The incidence of recurrent VTE and post-thrombotic syndrome (PTS) beyond this period was based on clinical data (Prandoni et al., 1997). To calculate resource use we assumed that 19% of patients receiving enoxaparin prophylaxis and those eventually treated for VTE on an outpatient basis would require daily home nursing visits to administer the injections (Harrison et al., 1998). This is likely to be an underestimate in light of other studies and clinical experience of VTE practice in Canada. The costs associated with clinical events (major bleed, VTE and PTS) and home visits was derived from published Canadian sources and expressed in Canadian dollars (C$). Rivaroxaban and enoxaparin costs were included. Utility values, used to demonstrate the impact of clinical events on QoL, were also derived from published literature (Haentjens et al., 2004; Rasanen et al., 2007). Results: When rivaroxaban and enoxaparin were both administered for 35 days, rivaroxaban was associated with improved clinical outcomes and an average cost saving of C$282.58 per patient. Savings were driven mainly by reduced outpatient administration. Sensitivity analyses showed that rivaroxaban remained more effective and less expensive than enoxaparin in more than 98% of the simulations. When 35 days’ rivaroxaban were compared with 10–14 days enoxaparin, rivaroxaban cost an extra C$90.34 per patient. However, when the improved efficacy with rivaroxaban compared with the 10–14 day enoxaparin regimen was adjusted for QoL, rivaroxaban produced a gain in quality adjusted life years (QALYs) of 0.0027. This translates to an incremental cost per QALY of C$33,323, which is below the commonly-referenced threshold of C$50,000/QALY. Another frequently used VTE prophylaxis in Canada is Fragmin. As Fragmin has a similar efficacy and safety profile to enoxaparin, and has a higher price than enoxaparin in Canada, rivaroxaban is even more cost-effective versus Fragmin. Conclusions: Rivaroxaban is cost-effective versus 10–14 days’ and 35 days’ enoxaparin for the prevention of VTE following THR in Canada. This is driven by improved efficacy, with respect to clinical event costs and QoL, and the reduction in home nurse visits with use of oral rivaroxaban.


2015 ◽  
Vol 49 (0) ◽  
Author(s):  
Augusto Afonso Guerra Júnior ◽  
Grazielle Dias Silva ◽  
Eli Iola Gurgel Andrade ◽  
Mariângela Leal Cherchiglia ◽  
Juliana de Oliveira Costa ◽  
...  

OBJECTIVE To analyze the cost-effectiveness of treatment regimens with cyclosporine or tacrolimus, five years after renal transplantation.METHODS This cost-effectiveness analysis was based on historical cohort data obtained between 2000 and 2004 and involved 2,022 patients treated with cyclosporine or tacrolimus, matched 1:1 for gender, age, and type and year of transplantation. Graft survival and the direct costs of medical care obtained from the National Health System (SUS) databases were used as outcome results.RESULTS Most of the patients were women, with a mean age of 36.6 years. The most frequent diagnosis of chronic renal failure was glomerulonephritis/nephritis (27.7%). In five years, the tacrolimus group had an average life expectancy gain of 3.96 years at an annual cost of R$78,360.57 compared with the cyclosporine group with a gain of 4.05 years and an annual cost of R$61,350.44.CONCLUSIONS After matching, the study indicated better survival of patients treated with regimens using tacrolimus. However, regimens containing cyclosporine were more cost-effective.


Energies ◽  
2020 ◽  
Vol 13 (12) ◽  
pp. 3262
Author(s):  
Anders Grauers ◽  
Sven Borén ◽  
Oscar Enerbäck

Without experiences of electric buses, public transport authorities and bus operators have faced questions about how to implement them in a cost-effective way. Simple cost modelling cannot show how costs for different types of electric buses differ between different routes and timetables. Tools (e.g., HASTUS, PtMS, and optibus) which can analyse such details are complicated, time consuming to use, and provide insufficient insights into the mechanisms that influence the cost. This paper therefore proposes a method for how to calculate total cost of ownership, for different types of electric buses, in a way which can predict how the cost varies based on route and timetable. The method excludes factors which cause minor cost variations in an almost random manor, in order to better show the fundamental mechanisms influencing different costs. The method will help in finding ways to reduce the cost and help to define a few cases which deserve a deep analysis with more complete tools. Testing of the method in a Swedish context showed that the results are in line with other theoretical and practical studies, and how the total cost of ownership can vary depending on the variables.


Blood ◽  
2019 ◽  
Vol 134 (Supplement_1) ◽  
pp. 2126-2126
Author(s):  
Hishaam Bhimji ◽  
Dean Eurich ◽  
Kerry Mansell ◽  
Holly Mansell

Background: Filgrastim was first introduced to the Canadian marketplace as Neupogen® in 1992 to treat neutropenia caused by chemotherapy regimens. In 2009, the first biosimilar drug was approved for use in Canada, and in March 2016, a biosimilar for filgrastim (Grastofil®) became available. Biosimilars represent safe, effective, and cost effective alternatives to originator biologic medications. However, although biosimilar medications present opportunities for significant cost savings to the health care system, overall uptake and use of biosimilar medications in North America has been low. The aim of this study was to describe the overall use of the filgrastim products Grastofil® and Neupogen® in Canada. Methods: A retrospective analysis of Canadian drug purchases between July 2016 and June 2018 was performed for the drug filgrastim (Neupogen®, Grastofil®). The data used to estimate drug purchases were obtained from IQVIA™, a multi-national healthcare analytics company. Samples from the IQVIA™ Canadian Drugstore and Hospital Purchases (CDH) audit covered greater than 88% of the hospital market and one-third of the retail market. Samples were stratified by region, market size, and type of outlet (e.g. cancer centers, long-term care). For each drug, the total purchase dollar amounts were provided by province on a month by month basis. Potential cost-savings were calculated as a product between the units of each product purchased and the cost difference between Neupogen® and the biosimilar Grastofil® on a quarterly basis for each province. Results: Between July 1st, 2016 and June 30th, 2018, Grastofil® accounted for 27.0% (382,254/1,415,762 units) of filgrastim purchases. During this time period, $62,061,576 was spent on Grastofil® purchases and $204,152,590 was spent on Neupogen® purchases. Through use of the biosimilar Grastofil®, $13,443,873 (37.0%) in savings were realized. Had there been 100% use of the biosimilar Grastofil®, it would have resulted in $36,348,476 in cost savings. In the first quarter (July to September 2016) Grastofil® accounted for 1.5% of filgrastim purchases, whereas in the April to June 2018 quarter it increased to 43.6% of filgrastim purchases. The overall percentage of filgrastim units purchased by Canadian province varied substantially. The market share captured by Grastofil® ranged from a low of 0.08% ($4007/$5,189,623) in the province of Nova Scotia, to a high of 81.62% ($932,864/$1,142,905) in the province of Saskatchewan. Canada's largest province, Ontario, saw Grastofil® account for 44.7% ($9,047,489/$20,229,421) of purchases during this time period. Discussion: Although the biosimilar Grastofil® only accounted for 27% of filgrastim purchases between 2016 and 2018, there was substantial growth over this time period. By the end of June 2018, Grastofil® accounted for approximately 44% of filgrastim purchases, which is substantially higher than other biosimilar medications currently available in Canada. There are also stark differences between each province, whereas some had little to no use of the biosimilar, whereby in other provinces the purchases of Grastofil® outnumbered the purchases of Neupogen®. Had there been exclusive use of the biosimilar, an additional $23 million dollars in savings could have been realized. Conclusions: The use of biosimilars represents an opportunity for cost savings to be realized in an over-extended health care system. Although there appears to be acceptance for the use of Grastofil® as the overall purchases trended up from 2016 to 2018, there are still significant cost savings that could be realized by greater use of biosimilar drugs. Disclosures Mansell: Apobiologix: Research Funding.


Blood ◽  
2013 ◽  
Vol 122 (21) ◽  
pp. 537-537 ◽  
Author(s):  
Anna Kalff ◽  
Nola Kennedy ◽  
Angela Smiley ◽  
H. Miles Prince ◽  
Andrew W. Roberts ◽  
...  

Abstract Background Studies investigating thalidomide consolidation/maintenance strategies post ASCT in patients with MM have consistently demonstrated improvement in duration of myeloma control, however not consistently shown improvements in overall survival. Cost effectiveness of thalidomide in the post-ASCT consolidation/maintenance setting in Australian clinical practice has not been previously established Aim To determine whether progression free survival (PFS) and overall survival (OS) advantages for thalidomide consolidation post ASCT at 3 years post randomisation in the ALLG MM6 study are durable at later follow-up. To compare overall response rate (ORR) to salvage therapy and incidence of second primary malignancy (SPM). To investigate the cost-effectiveness of thalidomide in the post-ASCT consolidation setting. Methods Phase III, randomised, multi-centre, open label study. 243 newly diagnosed MM patients 6 weeks following a single MEL200 ASCT as part of their first-line therapy were randomly assigned to receive indefinite prednisolone maintenance (50mg alternate days) alone (CA = 129 patients, 1 patient withdrew consent) or in combination with 12 months of thalidomide consolidation (100mg/d increasing to 200mg/d after 2/52) (TA = 114 patients). This was a post hoc analysis, PFS and OS were measured from date of randomization; these endpoints were compared using intention-to-treat analyses. Data for ORR to salvage therapy was collected retrospectively for 96 of 187 relapsed/progressed patients only (TA = 42/81 relapsed, CA = 54/109 relapsed), as was data for SPM (207/238 patients, TA = 104/112, CA = 103/126). All statistical analyses were performed using SPSS version 19. Economic analysis incorporated treatment exposure (primary drug and co-therapies), the use of ongoing medical and diagnostic services, occurrence of SAEs and use of therapies to treat those events, post progression therapy and duration of survival, and was represented as incremental cost per discounted mean life year gained (LYG) – incremental cost effectiveness ration (ICER). All costs and outcomes beyond 12 months were discounted at 5% per annum, and were calculated in Australian dollars. Results After a median follow-up of 5.4 years post randomization, 2 patients per arm were lost to follow-up (TA = 112, CA = 126). Post randomization estimated 5 year PFS rates were 27% versus 15% (p=0.005; hazard ratio [HR] 0.16: 95% CI 0.044 to 0.582) and OS rates were 66% versus 47% (p=0.007; HR 0.12: 95% CI 0.028 to 0.558) in TA and CA respectively. Thalidomide remained beneficial irrespective of pre-ASCT B2m level <4mg/L (p=0.002) and ≥4mg/L (p=0.049), however TA patients who achieved VGPR/CR post ASCT no longer had a PFS advantage over CA patients who achieved VGPR/CR. Patients required at least 8 months of thalidomide exposure to gain a PFS and OS advantage (p<0.001). Landmark analysis confirmed that PFS/OS benefit was gained within the first 8-12m of therapy. There was no difference in ORR to salvage therapy (62% versus 69%, p=0.5), survival post-progression or incidence of SPM for TA versus CA. Discounted mean LYG for TA patients was 0.92 years (95%CI 0.32 to 1.52), and estimated treatment for TA patients cost $67,911 compared to $42,999 for CA patients, with a resultant incremental cost of $24,912 for TA compared with CA. ICER was $26,996 per mean LYG for TA versus CA. Cost of thalidomide accounted for 56% of the overall incremental cost difference between TA and CA, post-progression therapy 21%, and SAEs contributed the least to estimated difference in costs (3%). Conclusion PFS and OS advantages ascribed to thalidomide consolidation post ASCT remain highly significant at 5 years. At least 8 months of thalidomide exposure was required to attain the PFS/OS benefit. Further recapitulating previous findings, thalidomide did not impact on ORR to salvage therapy or survival following relapse in the context of salvage with alternate novel therapies. Thalidomide consolidation is cost effective in terms of ICER, with cost of thalidomide the key contributor to the cost difference. Disclosures: Spencer: Celgene: Honoraria, Membership on an entity’s Board of Directors or advisory committees.


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