The New Drug Reimbursement Game A Regulator’s Guide to Playing and Winning /

• Main Author: Pekarsky, Brita A.K (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Adis, 2015.
• Subjects: Medicine.; Pharmaceutical technology.; Pharmacy management.; Medicine & Public Health.; Pharmacoeconomics and Health Outcomes.; Pharmaceutical Sciences/Technology.

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 empi...

Table of Contents:

• 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.