1. Durable cell and gene therapy potential patient and financial impact: US projections of product approvals, patients treated, and product revenues
- Author
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Casey Quinn, Colin M. Young, and Mark R. Trusheim
- Subjects
Pharmacology ,Biological Products ,Health economics ,Actuarial science ,Financial impact ,Genetic Therapy ,Drug Costs ,United States ,Drug Discovery ,Financial sustainability ,Humans ,Revenue ,Molecular Targeted Therapy ,Business ,Product (category theory) ,Drug Approval ,Medical costs ,health care economics and organizations ,Forecasting ,Product Approvals ,List price - Abstract
Durable cell and gene therapies potentially transform patient lives, but payers fear unsustainable costs arising from the more than 1000 therapies in the development pipeline. A novel multi-module Markov chain Monte Carlo-based model projects product-indication approvals, treated patients, and product revenues. We estimate a mean 63.5 (54-74 5th to 95th percentile range) cumulative US product-indication approvals through 2030, with a mean 93000 patients treated in 2030 generating a mean US$24.4 billion (US$17.0B-35.0B, US$73.0B extreme) list price product revenues not including ancillary medical costs or cost offsets. Thus, the likely dozens of durable cell and gene therapies developed through 2030 are unlikely to threaten US health system financial sustainability.
- Published
- 2022
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