Between January 2005 and January 2023, the average selling price of omalizumab increased by nearly 60%. Between 2016 and 2021, Medicare Part B and D spending on omalizumab totaled over $3.7 billion. Between 2016 and 2021, Medicare Part B and D utilization of omalizumab increased by approximately 30%.
Keywords: Medicare; biologics; biosimilars; chronic rhinosinusitis; cost; nasal polyps; omalizumab; price; utilization.
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