The Impact of New Drug Launches on Life-Years Lost in 2015 from 19 Types of Cancer in 36 Countries

Frank Lichtenberg

No 24536, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This study employs a two-way fixed effects research design to measure the mortality impact and cost-effectiveness of cancer drugs: it analyzes the correlation across 36 countries between relative mortality from 19 types of cancer in 2015 and the relative number of drugs previously launched in that country to treat that type of cancer, controlling for relative incidence. One additional drug for a cancer site launched during 2006-2010 is estimated to have reduced the number of 2015 disability-adjusted life years (DALYs) lost due to cancer at that site by 5.8%. The estimated cost per life-year gained at all ages in 2015 from cancer drugs launched during 2006-2010 is $1635. We estimate that drugs launched during the entire 1982-2010 period reduced the number of cancer DALYs lost in 2015 by about 23%. In the absence of new drug launches during 1982-2010, there would have been 26.3 million additional DALYs lost in 2015.

JEL-codes: I10 J10 L65 O33 (search for similar items in EconPapers)
Date: 2018-04
New Economics Papers: this item is included in nep-hea
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Published as Frank R. LICHTENBERG, 2018. "The Impact of New Drug Launch on Life-Years Lost in 2015 from 19 Types of Cancer in 36 Countries," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 84(3), pages 309-354, September.

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Related works:
Journal Article: The Impact of New Drug Launch on Life-Years Lost in 2015 from 19 Types of Cancer in 36 Countries (2018)
Journal Article: THE IMPACT OF NEW DRUG LAUNCHES ON LIFE-YEARS LOST IN 2015 FROM 19 TYPES OF CANCER IN 36 COUNTRIES (2018)
Working Paper: The Impact of New Drug Launches on Life-Years Lost in 2015 from 19 Types of Cancer in 36 Countries (2018)
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