Search results for: Precision Medicine
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Valuing Orphan Medicines Using Multi-Criteria Decision Analysis
7 May 2013
…medicines are concerned. Policy makers and payers continue in seek improvements in approaches to determining the value of medicines. The move towards “value based pricing” in the UK is just…
Making Outcome-Based Payment a Reality in the NHS
2 January 2019
…payment mechanism – outcome-based payment (OBP) – for cancer medicines into the NHS in England. This model links the price the NHS pays for a medicine to the outcomes it…
Annual Lecture 2014: Is Universal Health Coverage the Holy Grail?
19 August 2014
…medicine and elected a Foreign Associate of the US Institute of Medicine. In 2009 she was elected Fellow of the UK Academy of Medical Sciences and received the Prince Mahidol…
Indication-Based Pricing: Are We All Onboard?
12 May 2020
…is the issue? The price we pay for medicines should: be aligned with the value medicines provide to patients and the health service; be affordable; and offer a fair reward…
Public Private Partnerships for Research and Development: Medicines and Vaccines for Diseases of Poverty
1 December 2002
Improving the health and life expectancy of the populations of the less developed countries of the world requires both better access to medicines and research and development (R&D) of new…
The R&D Cost of a New Medicine
1 December 2012
The cost of R&D for a successful new medicine has been an important policy issue at least since the 1960s. Cost estimates matter not just because of intellectual curiosity or…
International Comparisons of Medicines Prices: 2011 Indices
1 October 2012
Since 1996, in its yearly PPRS Report to Parliament, the Department of Health in England has published international price comparisons of branded medicines used in the primary care setting. OHE…
The Economic Impact of Medicines
9 January 1990
…to those with further examples from a number of countries. In particular, it draws attention to cases where an expensive medicine may more than pay for itself by reducing other…
Does Government Funding Increase Public Sector Development of New Medicines?
5 March 2021
…medicines. To answer this question, a paper published last week by Dimitrios Kourouklis (2021), Senior Economist at OHE, quantifies the effect of public subsidies for research and development (R&D) on public…