How to Assess the Value of Medicines?

@inproceedings{Simoens2010HowTA,
  title={How to Assess the Value of Medicines?},
  author={Steven Simoens},
  booktitle={Front. Pharmacol.},
  year={2010}
}
This study aims to discuss approaches to assessing the value of medicines. Economic evaluation assesses value by means of the incremental cost-effectiveness ratio (ICER). Health is maximized by selecting medicines with increasing ICERs until the budget is exhausted. The budget size determines the value of the threshold ICER and vice versa. Alternatively, the threshold value can be inferred from pricing/reimbursement decisions, although such values vary between countries. Threshold values… CONTINUE READING

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