Factors Affecting the Price of Imiglucerase
Imiglucerase, used to treat Gaucher disease, has a price shaped by multiple factors. Firstly, high R&D costs are involved as it targets a rare genetic disorder, with substantial investment in research and clinical trials. Since it's a biologic drug, production is complex and costly, which also contributes to the high price.
Factors Affecting the Price of Imiglucerase
Market demand plays a role. As a treatment for a rare disease, the patient pool is small, yet the drug's importance means patients are willing to pay. Geographical location matters too. In regions with better healthcare policies or subsidies, the out - of - pocket cost for patients may be lower. Patent protection also allows the manufacturer to set a premium price. However, as generic alternatives may enter the market in the future, competition could drive prices down.