Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective

Objective In Malaysia, there is now a dearth of recommendations pertaining to the priority of biologic treatments for the effective management of psoriasis, given the multitude of available therapeutic alternatives. Present analysis reports results of a cost-effectiveness model that determines the m...

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Published in:PLOS ONE
Main Authors: Azizam, Nor Azmaniza; Hussain, Mofakhar; Nauenberg, Eric; Ang, Wei Chern; Azzeri, Amirah; Smith, Jacob
Format: Article
Language:English
Published: PUBLIC LIBRARY SCIENCE 2024
Subjects:
Online Access:https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001326653200066
author Azizam
Nor Azmaniza; Hussain
Mofakhar; Nauenberg
Eric; Ang
Wei Chern; Azzeri
Amirah; Smith
Jacob
spellingShingle Azizam
Nor Azmaniza; Hussain
Mofakhar; Nauenberg
Eric; Ang
Wei Chern; Azzeri
Amirah; Smith
Jacob
Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
Science & Technology - Other Topics
author_facet Azizam
Nor Azmaniza; Hussain
Mofakhar; Nauenberg
Eric; Ang
Wei Chern; Azzeri
Amirah; Smith
Jacob
author_sort Azizam
spelling Azizam, Nor Azmaniza; Hussain, Mofakhar; Nauenberg, Eric; Ang, Wei Chern; Azzeri, Amirah; Smith, Jacob
Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
PLOS ONE
English
Article
Objective In Malaysia, there is now a dearth of recommendations pertaining to the priority of biologic treatments for the effective management of psoriasis, given the multitude of available therapeutic alternatives. Present analysis reports results of a cost-effectiveness model that determines the most optimal arrangement of biologic treatments, with a particular focus of adding biosimilars to the existing treatment pathway for psoriasis in Malaysia.Methods A Markov model was developed to compare the cost effectiveness of various biologic sequential treatments in a hypothetical cohort of moderate to severe psoriasis patient in Malaysia over a lifetime horizon. The model simulated the progression of patients through three lines of active biologic therapy, before transitioning to best supportive care. Costs and effects were discounted annually at a rate of 3%.Results First line secukinumab has produced lowest incremental cost effectiveness ratios (ICERs) when compared to first line systemic [ICERs value; US$152,474 (first set analysis) and US$110,572 (second set analysis)] and first line phototherapy [ICERs value; US$147,057 (first set analysis) and US$107,616 (second set analysis)]. However, these values were slightly higher than the Malaysian based threshold of three times gross domestic product per capita, US$104,337. A 40% reduction in the unit costs of reference biologics renders most of the evaluated treatment sequences cost-effective.Conclusion Adding biosimilar to the current treatment sequence could achieve cost savings ranging from 4.3% to 10.8% without significant loss of effectiveness. Given the significant impact of comorbidities and the resulting decline in quality of life among individuals with psoriasis, it may be justifiable to establish a threshold of up to US$184,000 per quality-adjusted life year (QALY) for the provision of therapies in the context of Malaysia.
PUBLIC LIBRARY SCIENCE
1932-6203

2024
19
9
10.1371/journal.pone.0307234
Science & Technology - Other Topics
gold
WOS:001326653200066
https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001326653200066
title Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
title_short Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
title_full Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
title_fullStr Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
title_full_unstemmed Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
title_sort Cost-effectiveness analysis of biologic sequential treatments for moderate-to-severe psoriasis: A Malaysian healthcare system perspective
container_title PLOS ONE
language English
format Article
description Objective In Malaysia, there is now a dearth of recommendations pertaining to the priority of biologic treatments for the effective management of psoriasis, given the multitude of available therapeutic alternatives. Present analysis reports results of a cost-effectiveness model that determines the most optimal arrangement of biologic treatments, with a particular focus of adding biosimilars to the existing treatment pathway for psoriasis in Malaysia.Methods A Markov model was developed to compare the cost effectiveness of various biologic sequential treatments in a hypothetical cohort of moderate to severe psoriasis patient in Malaysia over a lifetime horizon. The model simulated the progression of patients through three lines of active biologic therapy, before transitioning to best supportive care. Costs and effects were discounted annually at a rate of 3%.Results First line secukinumab has produced lowest incremental cost effectiveness ratios (ICERs) when compared to first line systemic [ICERs value; US$152,474 (first set analysis) and US$110,572 (second set analysis)] and first line phototherapy [ICERs value; US$147,057 (first set analysis) and US$107,616 (second set analysis)]. However, these values were slightly higher than the Malaysian based threshold of three times gross domestic product per capita, US$104,337. A 40% reduction in the unit costs of reference biologics renders most of the evaluated treatment sequences cost-effective.Conclusion Adding biosimilar to the current treatment sequence could achieve cost savings ranging from 4.3% to 10.8% without significant loss of effectiveness. Given the significant impact of comorbidities and the resulting decline in quality of life among individuals with psoriasis, it may be justifiable to establish a threshold of up to US$184,000 per quality-adjusted life year (QALY) for the provision of therapies in the context of Malaysia.
publisher PUBLIC LIBRARY SCIENCE
issn 1932-6203

publishDate 2024
container_volume 19
container_issue 9
doi_str_mv 10.1371/journal.pone.0307234
topic Science & Technology - Other Topics
topic_facet Science & Technology - Other Topics
accesstype gold
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url https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001326653200066
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