Definition of specialty drugs by PBMs and pharmacy executives 2011

Published by Statista Research Department, Feb 1, 2014
This statistic depicts how some pharmacy benefit managements (PBMs) and specialty pharmacy executives define specialty drugs as of 2011. Some 69 percent considered biotechnically engineered drugs as specialty drugs. Generally, specialty drugs are characterized by having high cost per unit; treating complex chronic or life-threatening conditions; requiring special storage, handling or administration; and require significant degree of patient education, monitoring, and management.

Share of indications which define a specialty drug as of 2011*

CharacteristicShare of responses
High-unit cost drugs 61%
Drugs requiring special handling or storage 69%
Drugs that require special claims processing 35%
Drugs that require prior authorization or step therapy 28%
Infused drugs 63%
Office-administered injectables 54%
Self-administered injectables 48%
Oral drugs for noncancer treatments 37%
Oral oncology agents 56%
Biotechnically engineered drugs 69%
Other 7%
Showing entries 1 to 11 (11 entries in total)
Created with Highcharts 7.2.2Share of responses61%61%69%69%35%35%28%28%63%63%54%54%48%48%37%37%56%56%69%69%7%7%High-unit cost drugsDrugs requiring special handling or storageDrugs that require special claims processingDrugs that require prior authorization or step therapyInfused drugsOffice-administered injectablesSelf-administered injectablesOral drugs for noncancer treatmentsOral oncology agentsBiotechnically engineered drugsOther
0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%80%

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Release date

February 2014

Region

United States

Survey time period

2011

Supplementary notes

* As defined by pharmacy benefit managements and specialty pharmacy executives.

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