Pharmacoeconomic evaluations and comparison of licorice (Glycyrrhiza glabra L.) with triaminic DM based therapies for common cold in the city of Karachi: Retrospective burden of Illness, Cost and budget impact analysis

Syed Muzzammil Ahmad; Iqbal Azhar; Nadia Ahmad; Syeda Darakhshan Masroor

Pharmacoeconomic evaluations and comparison of licorice (Glycyrrhiza glabra L.) with triaminic DM based therapies for common cold in the city of Karachi: Retrospective burden of Illness, Cost and budget impact analysis

Author(s):

Syed Muzzammil Ahmad, Iqbal Azhar, Nadia Ahmad and Syeda Darakhshan Masroor

Abstract:

Objective: To compare two therapeutic entity from societal perspective, i.e. â€˜Licoriceâ€™ with â€˜Triaminic DMâ€™ in monetary savings and reduction of burden of cold with minimum impact on household budget of patient in population of all 178 union councils of City of Karachi, Pakistan.

Methods: Stratified random sampling was used, selecting total of 356 patients. Taking frequency of common cold at 3 colds annually with discount rate at 3% for calculating burden of illness in terms of disability adjusted life years. The budget impact analysis was carried out calculating budget impact per onset and budget impact per year values.

Results: Annually, the Licorice was found responsible for 57.07 less DALY per 1000 population with a saving of Rs.1.51/- billion (US$ 14.52/- million) than with Triaminic DM.

Conclusions: Licorice provide more utility with less impact on budget of a patient in comparison with treatment of symptoms of common cold with Triaminic DM.

Pages: 258-270 | 2557 Views 338 Downloads

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Journal of Pharmacognosy and Phytochemistry

How to cite this article:

Syed Muzzammil Ahmad, Iqbal Azhar, Nadia Ahmad and Syeda Darakhshan Masroor. Pharmacoeconomic evaluations and comparison of licorice (Glycyrrhiza glabra L.) with triaminic DM based therapies for common cold in the city of Karachi: Retrospective burden of Illness, Cost and budget impact analysis. J Pharmacogn Phytochem 2017;6(1):258-270.

Pharmacognosy

Journal of Pharmacognosy and Phytochemistry

Vol. 6, Issue 1 (2017)

Pharmacoeconomic evaluations and comparison of licorice (Glycyrrhiza glabra L.) with triaminic DM based therapies for common cold in the city of Karachi: Retrospective burden of Illness, Cost and budget impact analysis

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