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Healthcare payer perspectives on the assessment and pricing of oncology multi-indication products: evidence from nine OECD countries

Mills, Mackenzie and Kanavos, Panos ORCID: 0000-0001-9518-3089 (2023) Healthcare payer perspectives on the assessment and pricing of oncology multi-indication products: evidence from nine OECD countries. PharmacoEconomics - Open, 7 (4). 553 - 565. ISSN 2509-4262

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Identification Number: 10.1007/s41669-023-00406-1

Abstract

Background: New pharmaceuticals are increasingly being developed for use across multiple indications. Countries across Europe and North America have adopted a range of different approaches to capture differences in the value of individual indications. Objective: The three aims of this study were (i) to review the price-setting practice over the past 5 years for multi-indication products across England, France, Italy, Spain, Belgium, Switzerland, Turkey, Canada and the USA; (ii) to assess the impact of current practices on launch strategy; and (iii) to identify issues in the implementation of indication-based pricing. Methods: Ten current and former members of health insurance organisations, healthcare payer organisations or health technology assessment agencies with expertise on pharmaceutical purchasing were invited to participate in semi-structured interviews. Interview transcripts were imported into NVivo 12 for thematic analysis. Results: The majority of countries studied require full assessments upon launch of a new indication. Five different approaches to pricing were identified: weighted pricing, differential discounting, mandatory discount, price anchoring and free pricing. Manufacturers show a tendency to launch first in niche indications with high unmet need to achieve a high price. Stakeholders from England, France, Italy, Belgium and Switzerland consider their current system fit for purpose, while other countries expressed concern over the administrative burden of monitoring products at indication level. Conclusions: Given the high administrative burden, it is questionable whether indication-based pricing would provide additional public benefit above and beyond current weighted dynamic single pricing and differential discounting practices for multi-indication products.

Item Type: Article
Official URL: https://www.springer.com/journal/41669
Additional Information: © 2023, The Author(s).
Divisions: Health Policy
Subjects: R Medicine > RM Therapeutics. Pharmacology
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HB Economic Theory
Date Deposited: 19 Apr 2023 23:19
Last Modified: 15 Apr 2024 21:12
URI: http://eprints.lse.ac.uk/id/eprint/118686

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