Examining Drug Trend: Oncology
Top 10 Classes - What is Driving Drug Trend
Drug price is driving trend. Overall utilization for the top 10 drug classes in 2016 decreased, while prices increased. To better understand 2016 trend, we will be examining the top 10 therapeutic classes and their trend components. Previously, diabetes and inflammatory diseases. Today, we will examine oncology.
New treatments known as CAR (chimeric antigen receptors) T-cell therapy may be introduced into the market in 2017, which hold the promise as a potential cure in select cancers. These agents will be on the medical benefit, and the price tag will undoubtedly be high with companies quoting benchmark prices of $300,000 to $900,000 for a single, one-time infusion.