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Record Nr. |
UNINA9910300196803321 |
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Autore |
Pekarsky Brita A.K |
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Titolo |
The New Drug Reimbursement Game : A Regulator’s Guide to Playing and Winning / / by Brita A.K. Pekarsky |
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Pubbl/distr/stampa |
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Cham : , : Springer International Publishing : , : Imprint : Adis, , 2015 |
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ISBN |
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Edizione |
[1st ed. 2015.] |
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Descrizione fisica |
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1 online resource (256 p.) |
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Disciplina |
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Soggetti |
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Pharmacy management |
Pharmaceutical technology |
Pharmacoeconomics and Health Outcomes |
Pharmaceutical Sciences/Technology |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references at the end of each chapters. |
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Nota di contenuto |
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Introduction -- Reframing the political economy of new drugs -- The social rate of return on investment in pharmaceutical R&D -- The value of innovation -- The shadow price -- The health shadow price -- The health shadow price and the economic context -- The `pharmaceutical R&D financing' game -- The `pharmacotherapy needs a premium' game -- Conclusion. |
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Sommario/riassunto |
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This comprehensive text presents a rigorous framework from within which regulators can respond strategically to the claim by the pharmaceutical industry that lower drug prices today lead to a loss for the population’s future health due to less innovation. It starts with a critical review of the empirical evidence of the return to consumers on their ongoing investment into high drug prices in order to increase future innovation. The implicit, critical and unrealistic assumption inherent in these studies is identified, namely that the health budget can be expanded to purchase drugs at higher prices without an opportunity cost, for example, the foregone benefits of alternative investments in health care infrastructure. Price effectiveness analysis (PEA), is introduced. PEA informs the question of how the innovative |
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