Utilising Health Economics to Enable Optimal Transition From a Platform Technology to a Development Programme and Product
Author(s)
Homer N1, Child A2, Alderson D1
1Cogentia Healthcare Consulting, Cambridge, CAM, UK, 2Cogentia Healthcare Consulting, Cambridge, CAM, Great Britain
Presentation Documents
OBJECTIVES: To develop a tool to prioritise product development, and optimise where such innovation is best applied, and which “tests” , in which therapy area and indication should be targeted?
METHODS: Initial criteria, principles, and scope for the tool were developed through a series of workshops. There were 5 main criteria; clinical validity of existing biomarker, commercial attractiveness, clinical value of existing test on disease/treatment pathway, opportunity for differentiation and technical feasibility. Products could be differentiated by criteria such as time to results, multiplexing, ease of implementation, patient experience, budget or economic impact, competitiveness. For each criteria an agreed weighting was applied and then a ranking system was used to determine the winners and losers. Various databases were used to capture a range of diagnostic tests (Evaluate, WHO “essential” diagnostics, and targeted literature review). Each test was scored during an iterative process and the resulting matrix used to recommend product development targets.
RESULTS: This approach narrowed down a field of 170 potential tests, to a shortlist of 14 tests with a strong rationale, clinically and commercially credible and feasible.
CONCLUSIONS: It is important at the outset of a platform technology to conduct a rigorous assessment of opportunity, to optimise development.
Conference/Value in Health Info
Value in Health, Volume 25, Issue 12S (December 2022)
Code
HPR124
Topic
Clinical Outcomes, Health Policy & Regulatory
Topic Subcategory
Comparative Effectiveness or Efficacy, Reimbursement & Access Policy
Disease
No Additional Disease & Conditions/Specialized Treatment Areas