May 17: Societal Valuation of Innovative Medicines: Emphasis on Investment Perspective and Orphan Diseases - In Person at ISPOR 2026

May 17, 2026

Explore how different stakeholders assess the value of medical innovation across regulatory, payer, and investment contexts.

The value of medical innovation varies depending on the stakeholder perspective and decision context. Regulatory authorities primarily focus on clinical value, while coverage, pricing, and reimbursement decisions often incorporate economic criteria and, in some settings, broader societal considerations. Explore the value assessment of innovative drugs from the perspectives of relevant stakeholders, their respective data requirements, and their methods and processes with a focus on orphan drugs and advanced therapy medical products.

Technical Topics Include:

  • Stakeholder perspectives on value, including regulators, payers, investors, patients, and clinicians

  • Clinical, economic, and societal criteria used in value assessment

  • Value-based pricing concepts and national payer perspectives

  • Methods for value assessment, including ICERs, comparative effectiveness research, and relative effectiveness

  • Multicriteria decision analysis (MCDA) and broader value frameworks

  • Applications in orphan drugs, advanced therapy medicinal products, and traditional innovative medicines

This Course Includes Tools and Concepts That Can Be Immediately Applied, Including:

  • Practical examples of value assessment across decision contexts

  • Comparison of narrow and holistic approaches to value-based pricing

  • Case illustrations spanning rare diseases, cell-gene therapy, and broader indications

  • Frameworks to support transparent and consistent value assessment

Participants will gain a structured understanding of how value is defined, measured, and applied across stakeholders to support pricing, reimbursement, and policy decisions for innovative medicines. Familiarity with health economic evaluation is desirable, but the course assumes little or no familiarity with economic valuation theory.

 

LEVEL: Intermediate
TRACK:
Health Policy & Regulatory

This short course is offered in-person at the ISPOR 2026 conference. Separate registration is required. Registration coming soon. Visit the ISPOR 2026 Program page to register and learn more.

FACULTY MEMBERS

Louis P. Garrison, Jr., PhD
Professor Emeritus
The Comparative Health Outcomes, Policy, and Economics Institute
Department of Pharmacy, University of Washington
Seattle, WA, USA

Marlene Gyldmark, MPhil
External lecturer, University of Copenhagen
EU HTA Lead
BeiGene
Basel, Switzerland

Mark Nuijten, PhD, MD, MBA
Visiting Professor
Clinical and Economic Valuation of Medical Innovation
Ben Gurion University
Be'er Sheva, Israel and
Consultant
A2M
Amsterdam, North Holland, Netherlands

 

Schedule:

LENGTH: 4 Hours | Course runs 1 day

Tuesday, 17 May 2026 | Course runs 1 Day

ISPOR short courses are designed to enhance knowledge and techniques in core health economics and outcomes research (HEOR) topics as well as emerging trends in the field. Short courses offer 4 or 8 hours of premium scientific education and an electronic course book. Active attendee participation combined with our expert faculty creates an immersive and impactful learning experience. Short courses are not recorded and are only available during the live course presentation.

Your browser is out-of-date

ISPOR recommends that you update your browser for more security, speed and the best experience on ispor.org. Update my browser now

×