What ICER’s Draft Sickle Cell Disease Report Means for CGT Pricing
Recently, the Institute for Clinical and Economic Review (ICER) published its draft evidence report for sickle cell disease. The report assesses initial cost-effectiveness thresholds for two potential gene therapies against existing standard of care.
Despite ICER not having authority over the final list prices set by manufacturers, payers increasingly take these assessments into consideration when determining coverage, reimbursement and access. Media often picks up on final ICER assessments, which can influence how stakeholders feel about the value of a product prior to approval. While initial media coverage has been minimal, Endpoints and Fierce Pharma noted that both gene therapies offer promise of a potential cure, adding to pricing speculation in the lead up to price disclosure.
While the final assessment won’t be released until July, ICER’s value assessment of two gene therapy drug candidates for sickle cell disease provides some additional signals about how ICER will value gene therapies going forward. This is significant since we’re on the precipice of a wave of gene therapies entering the market. The science is exciting, but the multimillion-dollar price tags raise questions from health assessors like ICER and payers.
A closer look – What does the ICER report signal for future gene therapies?
The drug pricing watchdog group reaffirmed that an appetite remains for high-priced therapies that demonstrate incredible efficacy. However, there are several notable trends that will be critical for cell and gene therapy manufacturers moving forward:
To uncover more details about the future of gene therapies, read our latest blog.
The Syneos Health Insights Hub generates future-focused, actionable insights to help biopharmaceutical companies better execute and succeed in a constantly evolving environment. Driven by dynamic research, our perspectives are informed by our insights-driven product development model and crafted by subject matter experts focused on real answers to customer challenges to help guide decision making and investment.
Public Health l Epidemiologist l Nutrition Officer l Project Manager l MEAL Officer l Independent Consultant. My motto: Improve, Act and Learn.
1yThanks for posting
Sales Associate at American Airlines
1yThanks for sharing
Sales Associate at American Airlines
1yThanks for sharing
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
1yThanks for sharing.