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3
Enhancing Provider Dynamics
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Enhancing Provider Dynamics: Pharmacy
Specialty Pharmacy
"Specialty pharmaceuticals" refer to expensive injectable and infusion therapies used to treat patients with chronic or life-threatening diseases, such as cancer and hemophilia. Drug examples include LHRH agonists and hemostatics*.
Expensive
- In 2002, approximately $35 billion was spent on specialty pharmaceuticals in the U.S.
- Specialty pharmacy costs per patient range from $10,000- $250,000 per year.
Small, but growing market
- In 2005, there were approximately 197 specialty pharmacy drugs in the market.
- Approximately 800 specialty pharmaceuticals are in development.
- By 2010, 325-400 specialty pharmaceuticals could reach the marketplace.
Often require special handling (e.g., temperature control)
"Last hope for lymphoma, $28,000 a dose."
-Lucette Lagnado
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