Executive Summary
As people age they walk a minefield of life-threatening and debilitating diseases. Coronary heart disease, stroke, cancer, Alzheimer’s and Parkinson’s diseases, chronic renal failure, diabetes mellitus and osteoporosis are among the most destructive.
“Biotechnology’s Impact on Diseases of the Elderly: A White Paper” describes the costs of these eight age related illnesses in human and economic terms. It also examines some of the biotech medicines on the market and in development to treat the diseases and details their impact on patients’ quality of life and health-care expenditures.
The report demonstrates not only that biotech medicines on the market have the most impact on treating elderly patients, but also that biotech drugs and vaccines in development represent even greater promise for improving the health and quality of life of senior citizens.
The study highlights 20 marketed drugs and 57 of the more than 350 drugs and vaccines in latestage clinical trials. All these biotech medicines reduce the need for expensive hospitalization and nursing home care and are far less invasive than most traditional therapies. In some instances, the report documents actual per patient cost savings achieved by biotech drugs.
For example, Epogen®, a protein drug used to treat anemia associated with chronic renal failure and cancer chemotherapy, reduces the need for blood transfusions to replenish red blood cells, resulting in a 23 percent per patient cost savings. Leukine® and Neupogen®, protein drugs used to restore white blood cells destroyed by cancer chemotherapy, reduce the need for bone marrow transplants, saving tens of thousands of dollars per patient. Another drug, the phosphate binder RenaGel® for chronic renal failure, saves $1,500 per patient by reducing hospitalizations.
The human cost of these illnesses on tens of millions of patients and their families is not quantifiable. The economic cost is $451 billion a year in the United States, the majority expended for hospital and nursing home care.
Biotechnology, the study demonstrates, offers the best hope for improving seniors’ health and reducing health care costs because it uncovers the molecular causes of disease and develops diagnostics that help prevent illnesses and therapies that treat the causes, not just symptoms.
“Biotechnology’s Impact on Diseases of the Elderly” was prepared by PAREXEL International Medical Marketing Services Inc. for the Biotechnology Industry Organization (BIO).
Alzheimer's disease, cancer (breast, colorectal, lung and prostate), chronic renal failure, coronary heart disease (angina and acute myocardial infarction), diabetes mellitus, osteoporosis, Parkinson's disease and stroke were selected because they represent the most intractable and life-threatening age-related diseases.
The report presents a disease digest for each, including an overview of the disease; summary of the impact of current biotechnology products on the disease; summary of the promise of future biotechnology products for treating the disease; list of references; and tables detailing the information described in the digest.
Among the eight disease areas reviewed, they have the greatest impact on the elderly based on the following specific criteria:
The report discusses the following marketed biotechnology products:
Of the biotechnology products in the pipeline, the report looks at 57 across the eight disease areas as follows:
Conclusion