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Cost analysis of drugs used for respiratory and gastrointestinal diseases – A pharmacoeconomic study

Janardhan Marupaka, Spandana Akarapu, Naveen Kumar Tamma, Srinivasu Karedla.




Abstract

Background: Economic evaluation of pharmaceutical products is a must in developing countries like India as it helps in decision-making process and manufacture of cost-effective medicine. Pharmacoeconomic studies especially help lower socioeconomic for effective planning of their health budget. Very few studies comparing the cost-effectiveness of respiratory and gastrointestinal in our country; hence, this study was taken up to provide useful data.

Aim and Objective: This study aims to evaluate existing price variations of different single used drugs under various brand names manufactured by different pharmaceutical industries in respiratory and gastrointestinal diseases.

Materials and Methods: A retrospective observational study was conducted for a period of 1 year by reviewing the cost of maximum and minimum price of a particular brand, % variation in maximum and minimum price of drugs, and Jan Aushadhi for generic drugs. Results were calculated by proper statistical analysis.

Results: Brand price variations were found significantly. Three drugs showed price variation of

Key words: Cost Analysis; Pharmacoeconomics; Respiratory System Drugs; Gastrointestinal drugs






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