How to do external reference pricing

Many European countries use external reference pricing (ERP) to help set their drug prices. External reference pricing caps the prices of drugs at some average or weighted average of the drug price in other countries. The comparison countries typically are either in close proximity or of similar GDP/capita level. The advantage of reference pricing is…

Current Value Assessment Landscape in the US

A recent report by the National Pharmaceutical Council provides an overview of seven different value frameworks. Specifically, the overview includes value frameworks developed by: American College of Cardiology and the American Heart Association (ACC-AHA), American Society of Clinical Oncology (ASCO), Avalere/FasterCures Patient-Perspective Value Framework (PPFV) Innovation and Value Initiative (IVI) Open-Source Value Project (OSVP) Institute…