
The Complex Relation Between Clinical Outcomes, Drug Approval, and Drug Price
Does an FDA approval guarantee clinical benefit of a drug? How does it influence drug price?
Does an FDA approval guarantee clinical performance of a drug? Likewise, should clinical performance dictate drug price? These were the questions that researchers of a paper published in the
The authors clustered 51 molecules that were approved by the FDA during a 15-year period from 2000 to 2015 for the treatment of advanced solid tumors. Using 2 value frameworks, 1 developed by the
Only 73%, that is 37 of the 51 drugs could be evaluated using the 2 frameworks. The ESMO framework classified 5 drugs at the lowest grade (grade 1); 9 at grade 2; 10 at grade 3; 11 at grade 4; and 2 at grade 5 (highest grade). Only 13 drugs (35%) were found to have clinical benefit per ESMO’s clinical framework. The ASCO framework found a median drug value of 37 (range, 3.4 to 67). The authors conclude that their analysis failed to provide evidence of an association between the price charged for recently approved cancer drugs and their clinical benefit.
Clinicians around the globe are mounting a resistance against the incessant rise in drug prices. An article published in the latest issue of the journal
Without a doubt, the success rate of some of the newer agents, many of which are “personalized” based on a person’s genetic makeup, would be high. Immuno-oncology agents like pembrolizumab and nivolumab have seen success in a growing number of tumor types, which increases the eligible patient population—however, the drug price have not dipped. As pointed out by authors in the
The authors in the Cell paper sum their argument as, “With a lifetime risk of developing cancer of close to 40%, the problem is clear.”
Newsletter
Stay ahead of policy, cost, and value—subscribe to AJMC for expert insights at the intersection of clinical care and health economics.