4.7 • 789 Ratings
🗓️ 4 March 2022
⏱️ 44 minutes
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0:00.0 | All right. Okay, that's better. Okay, let us get started. This is lecture three. |
0:08.3 | Lecture three in this series on how to read and interpret clinical studies, and it is on the cost of cancer |
0:14.5 | drugs and some cancer drug policy basics. I'm Vinay Prasad again. I'm a hemank doctor here at SFGH and I'm an associate professor in the Department of Epi |
0:24.9 | and Biostats. |
0:26.2 | I'm joined by some colleagues who are on the Zoom and maybe they'll say something too. |
0:33.3 | All right, everything you see or hear today you can learn more about. If you're interested in cancer drug policy, this is the book for you, Malignant. |
0:41.2 | There are some pertinent videos on the YouTube channel about cancer drug policy. |
0:46.8 | They're under a playlist, I think, called Lectures. |
0:49.3 | Plenary Session Podcast, it's returning to its roots. |
0:52.2 | It's going to be all cancer drug policy. |
0:55.4 | And I'm active on Twitter. All right. I'll skip that. Okay, skip that. Okay, okay, okay, here we go. The first thing to know. |
1:04.0 | The cost of cancer drugs, this is by per month of a cancer drug. So depending on the year it was |
1:10.2 | launched, and it is going up and up and up. |
1:13.2 | So the figure on the left shows that somebody has to mute themselves. The figure on the left |
1:18.1 | shows that the cost of cancer drugs is rising five times faster than other classes of |
1:25.0 | medications. So cancer drug price per month of treatment is going |
1:27.6 | up and up. On the right, you see nicely shown, if a drug was approved between 1975 and |
1:33.2 | 1979, it was $129 per month. It was approved between 1990 and 94. It was $1,000 a month. 95 to 99, |
1:42.7 | it was $1,700 a month. But in recent years, it has gone up and up and up. |
1:47.1 | This is already maybe five, six years out of date. It says about $10,000 a month. We're nearing |
1:51.2 | $20,000 a month. That's the ballpark we're at now. All of these figures are inflation |
1:56.3 | adjusted, so they represent the same relative purchasing power today versus many years ago. |
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