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Fundamentals of Market Access for Pharmaceuticals

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05 November 2024

”Because at the heart of the apparent conflict between public health concerns and capitalistic interests, market access for pharmaceuticals is largely driven by political considerations, the difference with usual consumer goods being that pharmaceuticals are saving lives or years of life in good health”.
If pharmaceutical companies are to innovate, they must be incentivised with prices that reflect the value of their products, and the resources and risks involved in their production. To ensure appropriate access to new drugs and treatments for patients in need around the world, affordability is key. How do we tackle this dilemma?
This question is critical for all stakeholders. The development of universal health coverage puts pressure on governments to directly or indirectly control reimbursement and prices of pharmaceuticals, whereas the flow of innovations addressing infectious, chronic, and life-threatening diseases is growing constantly. This book summarizes various global approaches to solving this dilemma and explores new trends. Thanks to the ‘toolbox’ proposed by the authors, not only students but also executives from companies, payers, regulators and patients’ organizations can benefit from the supporting concepts and methods that favour greater access to pharmaceuticals.

MEDICAL / Pharmacy, Health systems and services, MEDICAL / Health Policy, POLITICAL SCIENCE / Public Policy / Health Care, Chemical, biotechnology and pharmaceutical industries, Public administration / Public policy

“Based on the concept of drug whole life cycle, the authors have established a framework of value assessment, pricing and reimbursement for pharmaceuticals and illustrates how different health systems are facing a variety of challenges and opportunities. The book addresses, governmental and market forces impacting on market access from a global perspective taking into account politics, regulations, culture, ethics, and values. The content of this book has been shaped by three years of teach-ing practice in CEIBS and has been well received. Another feature is a large number of cases in each chapter from the United States, the European Union, and China.” — Shanlian Hu. MD, MSc. Professor of Health Economics, School of Public Health, Fudan University
Foreword; Acknowledgements; Introduction; 1. Definitions and Drivers; 2. Healthcare and Its Funding; 3. Different Processes for Market Access; 4. Assessing Value of Pharmaceuticals; 5. Pricing Pharmaceuticals; 6. The Stakeholders; 7. The Changing Game; List of Acronyms; List of Figures; Bibliography