Value based pricing for NHS drugs: an opportunity not to be missed?
- PMID: 18244997
- PMCID: PMC2223028
- DOI: 10.1136/bmj.39434.500185.25
Value based pricing for NHS drugs: an opportunity not to be missed?
Abstract
The policy debate about price, value, and innovation in pharmaceuticals is at a critical stage for the NHS. Claxton and colleagues describe the key principles of value based pricing and consider some of the concerns about such a scheme
Conflict of interest statement
Competing interests: AJC chairs NICE’s research and development advisory committee, for which the University of York receives payment.
Figures
Comment in
-
PPRS: Not dead yet.BMJ. 2008 Feb 23;336(7641):406. doi: 10.1136/bmj.39489.635556.BE. BMJ. 2008. PMID: 18292147 Free PMC article. No abstract available.
Similar articles
-
The Office of Fair Trading report: a prescription for value-based drug pricing.J R Soc Med. 2007 May;100(5):216-8. doi: 10.1177/014107680710000510. J R Soc Med. 2007. PMID: 17470928 Free PMC article. No abstract available.
-
Should NICE's threshold range for cost per QALY be raised? No.BMJ. 2009 Jan 26;338:b185. doi: 10.1136/bmj.b185. BMJ. 2009. PMID: 19171562 No abstract available.
-
Should NICE's threshold range for cost per QALY be raised? Yes.BMJ. 2009 Jan 26;338:b181. doi: 10.1136/bmj.b181. BMJ. 2009. PMID: 19171561 No abstract available.
-
How NICE may be outflanked.BMJ. 2006 May 27;332(7552):1268-71. doi: 10.1136/bmj.332.7552.1268. BMJ. 2006. PMID: 16735342 Free PMC article. Review. No abstract available.
-
Reference-based pricing schemes: effect on pharmaceutical expenditure, resource utilisation and health outcomes.Pharmacoeconomics. 2002;20(9):577-91. doi: 10.2165/00019053-200220090-00002. Pharmacoeconomics. 2002. PMID: 12141886 Review.
Cited by
-
Aligning opportunity cost and net benefit criteria: the health shadow price.Front Public Health. 2024 Mar 6;12:1212439. doi: 10.3389/fpubh.2024.1212439. eCollection 2024. Front Public Health. 2024. PMID: 38510345 Free PMC article.
-
How to Prevent Vaccines Falling Victim to Their Own Success: Intertemporal Dependency of Incidence Levels on Indirect Effects in Economic Reevaluations.Value Health. 2021 Oct;24(10):1391-1399. doi: 10.1016/j.jval.2021.03.022. Epub 2021 Jul 30. Value Health. 2021. PMID: 34593161 Free PMC article.
-
Exploring uncertainty in cost-effectiveness analysis.Pharmacoeconomics. 2008;26(9):781-98. doi: 10.2165/00019053-200826090-00008. Pharmacoeconomics. 2008. PMID: 18767898
-
Value of information and pricing new healthcare interventions.Pharmacoeconomics. 2012 Jun 1;30(6):447-59. doi: 10.2165/11592250-000000000-00000. Pharmacoeconomics. 2012. PMID: 22591129
-
Market access of cancer drugs in European countries: improving resource allocation.Target Oncol. 2014 Jun;9(2):95-110. doi: 10.1007/s11523-013-0301-x. Epub 2013 Nov 19. Target Oncol. 2014. PMID: 24243526 Review.
References
-
- Office of Fair Trading. The pharmaceutical price regulation scheme. An OFT market study London: Office of Fair Trading, 2007. www.oft.gov.uk/shared_oft/reports/comp_policy/oft885.pdf
-
- Department of Business Enterprise and Regulatory Reform. Interim government response to Office of Fair Trading (OFT) market study on PPRS London: Department of Business Enterprise and Regulatory Reform, 2007. (URN 07/1247.) www.berr.gov.uk/files/file40756.pdf
-
- National Institute for Health and Clinical Excellence. First report of the health committee 2007-2008. London: Stationery Office, 2008. (HC27-I.)
Publication types
MeSH terms
Substances
Grants and funding
LinkOut - more resources
Full Text Sources
Medical