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- W2301465817 abstract "Medical innovation has contributed immeasurably to the health of individuals and the well being of societies. Resources for financing health care, however, have not kept pace. Public and private payers in every country have adopted measures to moderate spending by containing costs, usually treating each component of spending separately. In many instances, this has created an uncomfortable tension between innovators and payers, and often between payers and their constituents, who naturally want access to promising new treatments. Disquiet is only increased by payers' lack of direct control over innovation: for the most part, new products such as prescription medicines, devices and diagnostics are conceived, developed and marketed by private industry. Given the tension between innovation and resources, it is not surprising that payers often question whether innovators are focusing on the health issues of greatest import and whether their processes are efficient and cost-effective. For example, the Cooksey Report released in the UK in December 2006 argued that health technology assessment (HTA) 'occurs too late in the drug development process'. It concluded that 'the current way of developing drugs in the private sector is unsustainable in the long-term' and proposed that 'the government, regulators and industry create a new partnership to pilot a new drug development pathway. . . ' Largely ignored, however, was whether and how much government already has affected the drug development process through extensive regulation and fervent cost containment over the past three decades." @default.
- W2301465817 created "2016-06-24" @default.
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- W2301465817 date "2009-02-01" @default.
- W2301465817 modified "2023-09-28" @default.
- W2301465817 title "The Impact of Health Technology Assessment on Drug Development: How Much Does it Matter?" @default.
- W2301465817 hasPublicationYear "2009" @default.
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