Mikel Berdud

Mikel Berdud is an economist specialised in pharmaceutical R&D incentives, pricing and reimbursement, and social value of innovation. He holds a PhD in the topic of economics of organizations and behavioural economics where he developed and tested economic models of financial and non–financial incentives for intrinsically motivated agents. As team member of the OHE’s Economics of Innovation theme, Mikel’s primary interests are the role of intellectual property rights and other pull/push incentives in fostering pharmaceutical innovation; the regulation of pharmaceutical markets and its impact of access to innovation and R&D investment; the implications of value–based pricing and other innovative pricing approaches in incentivising innovation and maximising social welfare; the role of competition (on– and off–patent) on promoting access to, and affordability of, pharmaceutical innovation; and issues around price transparency for new health technologies. He is currently a visiting researcher of the Public university of Navarre (UPNA).
Mikel’s recent and current research includes the analysis of the life–cycle value of medicines, social surplus created by new health technologies and its distribution, the economics of anti–microbial resistance including push and pull incentive mechanisms for new antibiotics, regulation and incentives for orphan medicinal products, economic efficiency in generic and biosimilar markets, the economics of cures (e.g., Hep–C drugs), and the impact of both, pharmaceutical market regulation (e.g., VPAS) and cost–effectiveness thresholds, on innovation, health system sustainability and social welfare.
Publications and Insights
- Insight: The Trump Administration’s US Drug Pricing Proposal – What will happen next?
- Insight: Advancing Rare Disease Care: Challenges and Key Issues
- Publication: The Importance of Diversity of Supply in Rare Diseases Markets
- Insight: What is the impact of Uniform Pricing, Indication-Based Pricing (IBP) and alternative commercial arrangements for new pharmaceuticals in the UK NHS?
- Publication: The Cost of Drug Shortages
- Insight: Drug shortages are on the rise – but what is their impact?
- Insight: Plan For A New EU Pharmaceutical Legislation: What Will It Mean For Pharmaceutical Innovation?
- Insight: Breaking the European Deadlock: Part 3 – Revenue Guarantee and Subscription Models for New Antibiotics
- Insight: Breaking the European Deadlock: Part 2 – Transferable Exclusivity Vouchers – Effective Pull Incentive or a Policy Distraction?
- Publication: Delivering the Triple Win: A Value-Based Approach to Pricing
- Insight: The Economics of Antibiotics – Part 4: What Does the Antibiotics Market of the Future Look Like?
- Insight: The Economics of Antibiotics – Part 3: Creating a Healthy Global Market for New Antibiotics
- Insight: The Economics of Antibiotics – Part 2: Value Assessment within the NICE-NHS AMR Pilot
- Insight: The Economics of Antibiotics – Part 1: Why NICE and NHS England are Testing an Innovative HTA and Payment Model to Tackle Antimicrobial Resistance
- Insight: Would Waiving COVID-19 Vaccines Patents Save Lives?
- Publication: Key Factors on How to Procure, Pay, Distribute and Use Vaccines for COVID-19: A European Perspective
- Publication: A Bargaining Approach: A Theory on ICER Pricing and Optimal Level of Cost-Effectiveness Threshold
- Publication: The Case of Risperidone: Assessing the Life-cycle Value of Second-Generation Antipsychotics in Sweden and the UK
- Publication: The Future of Global Health Procurement: Issues around Pricing Transparency
- Publication: R&D, Competition and Diffusion of Innovation in the EU: The Case of Hepatitis C
- Publication: Establishing a Reasonable Price for an Orphan Drug
- Publication: Review of CRA’s Report “Assessing the Economic Impacts of Changing Exemption Provisions During Patent and SPC Protection in Europe”
- Publication: Public Health and Economic Implications of the United Kingdom Exiting the EU and the Single Market
- Publication: ‘Macro’ Evaluation of the NIHR Oxford Biomedical Research Centre