2014
DOI: 10.3402/jmahp.v2.25270
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Using multicriteria decision analysis during drug development to predict reimbursement decisions

Abstract: BackgroundPharmaceutical companies design clinical development programs to generate the data that they believe will support reimbursement for the experimental compound.ObjectiveThe objective of the study was to present a process for using multicriteria decision analysis (MCDA) by a pharmaceutical company to estimate the probability of a positive recommendation for reimbursement for a new drug given drug and environmental attributes.MethodsThe MCDA process included 1) selection of decisions makers who were repr… Show more

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Cited by 12 publications
(11 citation statements)
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References 11 publications
(19 reference statements)
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“…Other applications of MCDA include the development of an assessment framework for rare diseases at a regional level in Catalonia [ 22 ] and the development of a decision-support tool for drug evaluation in a pharmacy and therapeutics committee setting at the hospital level [ 20 ]. MCDA was also used to establish an algorithm for predicting price and reimbursement decisions at national and regional levels [ 27 ].…”
Section: Discussionmentioning
confidence: 99%
See 2 more Smart Citations
“…Other applications of MCDA include the development of an assessment framework for rare diseases at a regional level in Catalonia [ 22 ] and the development of a decision-support tool for drug evaluation in a pharmacy and therapeutics committee setting at the hospital level [ 20 ]. MCDA was also used to establish an algorithm for predicting price and reimbursement decisions at national and regional levels [ 27 ].…”
Section: Discussionmentioning
confidence: 99%
“…In our country, Spain, only a few MCDAs have been published in the field of healthcare [20][21][22][23][24][25][26][27][28], although the number of healthcare-related publications that incorporate MCDA is increasing in Spain and globally.…”
Section: Disability (P=0021) 5%mentioning
confidence: 99%
See 1 more Smart Citation
“…The VBP policy in the United Kingdom was officially described in 2009 in the Pharmaceutical Price Regulation Scheme (PPRS) program update. 21,22 During this process, the Department of Health and the Association of the British Pharmaceutical Industry (ABPI) helped to establish 2 measures that better reflected the Table 2. Description of the entities involved in the process of drugs pricing, negotiation, and reimbursement in the 6 reference countries.…”
Section: Canadamentioning
confidence: 99%
“…The literature does not provide a consistent and universal definition of value in healthcare 13. Published definitions range from those valuing outcomes, including health, in monetary terms14 15 to those taking into account healthcare system policy objectives, which represent societal rather than individual preferences for states of health,16 using constructed measures of health outcomes such as the quality-adjusted life-year (QALY) 17. The value of healthcare products under the latter approach may include broader aspects such as the importance placed on a health state by patients or society, the social and psychological aspects of living with an illness or using a technology, and ethical implications 18.…”
Section: Introductionmentioning
confidence: 99%