Societal value of generic medicines beyond cost-saving through reduced prices

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Societal value of generic medicines beyond cost-saving through reduced prices.

OBJECTIVE This paper aims to provide an overview of the added societal value of generic medicines beyond their cost-saving potential through reduced prices. In addition, an observational case study will document the impact of generic entry on access to pharmacotherapy in The Netherlands and an illustrative exercise was carried out to highlight the budget impact of generic entry. METHODS A nar...

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OBJECTIVES The aim of this study was to estimate lowest possible treatment costs for four novel cancer drugs, hypothesising that generic manufacturing could significantly reduce treatment costs. SETTING This research was carried out in a non-clinical research setting using secondary data. PARTICIPANTS There were no human participants in the study. Four drugs were selected for the study: bor...

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Don’t Discount Societal Value in Cost-Effectiveness

As healthcare resources become increasingly scarce due to growing demand and stagnating budgets, the need for effective priority setting and resource allocation will become ever more critical to providing sustainable care to patients. While societal values should certainly play a part in guiding these processes, the methodology used to capture these values need not necessarily be limited to mul...

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Value of generic medicines: an health economics study

Background Generic medicines provide an opportunity to obtain similar treatments at lower costs for patients and payers, while liberating budgets for financing new innovative medicines. The debate on generic medicines has been centered on affordability and cost-savings so far. Positive health impact of generic medicines has, however, been scarcely discussed. The aim of the study is to examine t...

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Reed F. Beall, MA, is a PhD candidate in the Institute of Population Health at the University of Ottawa, Ottawa, Ontario. Jason W. Nickerson, RRT, PhD, is a Clinical Investigator at the Bruyère Research Institute, Ottawa, Ontario. Amir Attaran, DPhil, LLB, is Associate Professor and Canada Research Chair in Law, Population Health and Global Development Policy at the University of Ottawa, Ottawa...

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ژورنال

عنوان ژورنال: Expert Review of Pharmacoeconomics & Outcomes Research

سال: 2015

ISSN: 1473-7167,1744-8379

DOI: 10.1586/14737167.2015.1017565