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Ranibizumab (Lucentis) versus bevacizumab (Avastin): modelling cost effectiveness
James Raftery1, Andrew Clegg, Jeremy Jones
1Wessex Institute for Health R&D, Medical School, University of Southampton, Southampton, UK. raftery@soton.ac.uk
Bevacizumab (Avastin) is a cost-effective treatment for age-related macular degeneration (AMD) compared to ranibizumab (Lucentis). Ranibizumab requires a significant price reduction to meet cost-effectiveness thresholds for AMD treatment.
Area of Science:
- Ophthalmology
- Health Economics
Background:
- Age-related macular degeneration (AMD) is a leading cause of vision loss.
- Ranibizumab (Lucentis) and bevacizumab (Avastin) are used to treat AMD.
- Significant cost disparities exist between these two treatments.
Purpose of the Study:
- To compare the clinical and cost-effectiveness of ranibizumab versus bevacizumab for AMD treatment.
- To assess the cost per quality adjusted life year (QALY) over a 10-year period.
Main Methods:
- Development of a cost-effectiveness model.
- Analysis of predominantly classic AMD, minimally occult AMD, and occult with no classic lesions.
Main Results:
- Bevacizumab is significantly more cost-effective than ranibizumab for all forms of AMD studied.
- Ranibizumab would require a substantial price reduction to approach the NICE cost-effectiveness threshold of 30,000 pounds per QALY.
- The relative efficacy of bevacizumab would need to be approximately 40% of ranibizumab's for ranibizumab to be cost-effective.
Conclusions:
- Bevacizumab represents a highly cost-effective treatment option for AMD.
- The current pricing of ranibizumab makes it less cost-effective for AMD treatment.
- The unlicensed use of bevacizumab raises ethical, legal, and policy considerations, with public pressure suggested as a means to encourage licensing.
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