Economics of Innovation

Optimal innovation balances willingness and ability to pay with the benefits of future R&D. Our wide-ranging programme aims to promote innovation in health care, increase our understanding of its value, and encourage R&D. New models of innovation should streamline development, reduce costs, and speed patient benefit.

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News

Meeting the Challenges of Drug Development in 2022: Summary of OHE’s 50th Anniversary Conference

11 October 2012

To celebrate its 50th Anniversary, OHE held a conference this week, The Challenges and Economics of Drug Development in 2022, which explored the likely evolution of…

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News

OHE’s 50th Celebration: Publications on Tuberculosis Show Constancy and Change

23 August 2012

Between 1962 and 1998, OHE published more than 100 booklets on various diseases and conditions as part of a series on “current health problems”. The first…

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Register Now: OHE Lunchtime Seminar on Innovation

26 June 2012

In response to the R&D productivity crisis affecting the pharmaceutical industry, “big pharma” is seeking to source therapeutics from small and medium sized enterprises (SMEs). In…

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Save the Date: Drug Development in 2022, OHE’s 50th Anniversary Conference

21 June 2012

The Economics of Drug Development in 2022 On 8 October, 2012, in celebration of its 50th anniversary, OHE will be holding an important conference to consider…

Potential attributes of an innovative pharmaceutical
News

New OHE Consulting Report Explores the Many Faces of Innovation

19 June 2012

Now available from the OHE website, this report provides a clear explanation of the complex nature of innovation in medicines. A fully revised and expanded version…

Trends in attrition rates of drug development projects
News

New Seminar Briefing: Is Pharmaceutical R&D Experiencing a Productivity Crisis?

14 June 2012

Just published are the results of an OHE Lunchtime Seminar given by Prof Riccaboni, from the University of Trento. In this publication, he explores whether R&D…

News

Can and Should Value Based Pricing Be Applied to Molecular Diagnostics?

1 May 2012

Just out is an OHE Research Paper that examines the issues. The authors note that diagnostics not only facilitate health gain and cost savings, but also…

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Overview of the Economics of the Market for Medicines in the UK

29 March 2012

OHE’s Dr Jorge Mestre-Ferrandiz is a visiting lecturer in the Department of Economics at City University London. As part of his 2012 activities, he recently gave…

They conclude that “pay-for-performance offers an important way forward to handle uncertainty around expected value in routine clinical practice”.
News

New: Pay-for-Performance for Drugs and Incentives for Innovation

27 February 2012

Interest is growing in schemes that involve “paying for pills by results”, that is, “paying for performance” rather than merely “paying for pills”. Despite its intuitive…