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Affordable orphan drugs: a role for not-for-profit organizations.
- Source :
-
British journal of clinical pharmacology [Br J Clin Pharmacol] 2017 Jul; Vol. 83 (7), pp. 1595-1601. Date of Electronic Publication: 2017 Feb 08. - Publication Year :
- 2017
-
Abstract
- Aims: The success of the Regulation on Orphan Medicinal Products in the European Union is evidenced by the 127 orphan drugs that have had market authorization since 2000. However, the incentives aimed at stimulating research and development have had the unintended consequence of increasing drug cost, resulting in many orphan drugs not being cost-effective. Orphan drugs command an increasing share of the pharmaceutical market and account for a disproportionate amount of healthcare expenditure. Orphan drug ownership by socially motivated, not-for-profit organizations may facilitate access to more affordable orphan drugs, for the benefit of patients and healthcare systems alike. This study aims to describe opportunities for such organizations to become orphan drug Market Authorization Holders.<br />Methods: We reviewed data on the ownership of EMA designated and approved orphan drugs, identified funding opportunities and business models for not-for-profit organizations, and summarised relevant legal and policy documents concerning intellectual property rights and drug regulation.<br />Results: Using repurposed drugs as a paradigm, this narrative review navigates the regulatory hurdles, describes the legal context and identifies funding opportunities, in a bid to facilitate and encourage not-for-profit organizations to lead on the development of affordable orphan drugs.<br />Conclusions: Although the regulatory steps required to obtain an MA for an orphan drug are numerous and challenging, they are not insurmountable and can be achieved by not-for-profit organizations that are socially motivated to reduce the costs of orphan drugs to the payers of healthcare. Opportunities for orphan drug development resulting in affordable products lie mainly with repurposed drugs.<br /> (© 2017 The British Pharmacological Society.)
- Subjects :
- Drug Approval economics
Drug Approval legislation & jurisprudence
Drug Repositioning economics
European Union economics
Guidelines as Topic
Humans
Organizations, Nonprofit legislation & jurisprudence
Organizations, Nonprofit organization & administration
Orphan Drug Production legislation & jurisprudence
Orphan Drug Production standards
Ownership legislation & jurisprudence
Cost-Benefit Analysis
Drug Costs
Organizations, Nonprofit economics
Orphan Drug Production economics
Ownership economics
Subjects
Details
- Language :
- English
- ISSN :
- 1365-2125
- Volume :
- 83
- Issue :
- 7
- Database :
- MEDLINE
- Journal :
- British journal of clinical pharmacology
- Publication Type :
- Academic Journal
- Accession number :
- 28109021
- Full Text :
- https://doi.org/10.1111/bcp.13240