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Incorporating Pharmacometrics into Pharmacoeconomic Models: Applications from Drug Development

Meenakshi Srinivasan, Annesha White, Ayyappa Chaturvedula, Valvanera Vozmediano, Stephan Schmidt, Leo Plouffe, La’Marcus T. Wingate

2020PharmacoEconomics18 citationsDOIOpen Access PDF

Abstract

Pharmacometrics is the science of quantifying the relationship between the pharmacokinetics and pharmacodynamics of drugs in combination with disease models and trial information to aid in drug development and dosing optimization for clinical practice. Considering the variability in the dose-concentration-effect relationship of drugs, an opportunity exists in linking pharmacokinetic and pharmacodynamic model-based estimates with pharmacoeconomic models. This link may provide early estimates of the cost effectiveness of drug therapies, thus informing late-stage drug development, pricing, and reimbursement decisions. Published case studies have demonstrated how integrated pharmacokinetic-pharmacodynamic-pharmacoeconomic models can complement traditional pharmacoeconomic analyses by identifying the impact of specific patient sub-groups, dose, dosing schedules, and adherence on the cost effectiveness of drugs, thus providing a mechanistic basis to predict the economic value of new drugs. Greater collaboration between the pharmacoeconomics and pharmacometrics community can enable methodological improvements in pharmacokinetic-pharmacodynamic-pharmacoeconomic models to support drug development.

Topics & Concepts

PharmacoeconomicsMedicineDrug developmentPharmacodynamicsDosingReimbursementIntensive care medicinePharmacokineticsHealth economicsDrugPharmacologyHealth carePublic healthEconomic growthEconomicsNursingStatistical Methods in Clinical TrialsPharmaceutical Economics and PolicyHealth Systems, Economic Evaluations, Quality of Life
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