2017
DOI: 10.1016/j.therap.2016.12.003
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What is the budget impact of a new treatment or new health technology arriving on the market?

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Cited by 2 publications
(3 citation statements)
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“…The level of innovation a drug brings to the market is determined by the drug’s improvement of medical benefit or ASMR compared to the current standard of care. The ASMR assigns ratings from I to V, based on the level of improvement; a drug with an ASMR level I, II or III is considered an innovative drug [ 38 , 39 ]. Iordatii et al define innovation as a new therapeutic option to treat a health problem for which there may already be an existing therapeutic arsenal that is targeting a disease, a symptom, or a risk factor.…”
Section: Resultsmentioning
confidence: 99%
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“…The level of innovation a drug brings to the market is determined by the drug’s improvement of medical benefit or ASMR compared to the current standard of care. The ASMR assigns ratings from I to V, based on the level of improvement; a drug with an ASMR level I, II or III is considered an innovative drug [ 38 , 39 ]. Iordatii et al define innovation as a new therapeutic option to treat a health problem for which there may already be an existing therapeutic arsenal that is targeting a disease, a symptom, or a risk factor.…”
Section: Resultsmentioning
confidence: 99%
“…On average, five to six articles were published each year and of 65 articles, 38 (58%) were published from 2010 to 2015 and 27 (42%) were published from 2016 to 2020. Several articles referred to the US Food and Drug Administration's (FDA) definition of innovation in the USA [21][22][23][24][25][26][27][28][29], the National Institute for Health and Care Excellence's (NICE) including Kennedy's short study for NICE in the UK [30][31][32][33][34][35][36][37] and the Amelioration du service [38][39][40][41][42]. The most common factor considered while defining innovation was therapeutic benefit as a measure of innovativeness across countries.…”
Section: Definitions Of Innovationmentioning
confidence: 99%
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