Since January 1993, Australian drug companies have had to lodge with the government economic evaluations to support their applications for listing of new products under the Pharmaceutical benefits Scheme. To help them meet this requirement, two major health and pharmaceutical organizations have established a service to give complete economic evaluation of drug products.
Through a "one-stop shop" staffed by clinical researchers, marketers, economists, statisticians and clinicians, the Monash University-based National Center for Health Program Evaluation and IDT Biomedicus, a division of the Institute of Drug Technology Australia, have set up a fully-integrated clinical research and health economics service, which, says Tony Harris of NCHPE, draws on the strengths of both groups. "IDT Biomedicus and NCHPE cover the entire process of clinical development, from design and implementation of clinical studies for cost-effectiveness analyses to the preparation of integrated reports on clinical efficacy in support of submissions to the Pharmaceutical benefits Advisory Committee," he says.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze