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.
What is the True Value of Spending on Medical Research?
13 February 2012
Over the past four years, OHE has been involved in research intended to examine more thoroughly the economic value of medical research in the UK. Understanding…
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…
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…
Is There a Productivity Crisis in Pharmaceutical R&D?
6 January 2012
This Seminar Briefing recounts the key points made by Prof Riccaboni, from the University of Trento, at a recent OHE Lunchtime Seminar. It focuses primarily on…
The Many Faces of Innovation
1 June 2012
This report provides a clear explanation of the nature of innovation in medicines. A fully revised and expanded version of the 2005 edition, it updates the literature…
The Use of Pay-for-Performance for Drugs: Can It Improve Incentives for Innovation?
1 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…
Spotlight on OHE: Assessing Value and Balancing Needs in Health Care
15 December 2011
During the last quarter of 2011, OHE team members were involved in discussions and presentations in a range of forums, covering each of OHE’s three areas…
Research Funding and Economic Growth
9 December 2011
Increasingly, governments in the UK and throughout Europe see R&D driven growth as the best way out of the financial crisis. The Government identifies the ‘UK’s…
Upcoming OHE Seminars: MCDA and R&D Productivity
16 November 2011
Join OHE for two exciting seminars, one on MCDA and the other on shifts in investment in R&D.