When It Comes to Incentives for Antimicrobial Development – Is a United Front Essential?
Author(s)
Homer N, Alderson D
Cogentia Healthcare Consulting, Cambridge, CAM, UK
Presentation Documents
OBJECTIVES: Given that this is a problem that transcends borders and health systems, we explore the need for a unified approach. We seek to address the conceptual question “Is it sufficient for a number of innovative countries – such as the UK – to develop new assessment and payment models or does there need to be real change at an international level?”.
METHODS: This is a conceptual exploration of whether the market failures will be addressed by individual country initiatives and the imperative for a more global approach. Utilising a targeted literature research, the required market incentives and failures were summarized. The current and proposed approaches for reimbursement of antimicrobials in a selection of countries were evaluated for impact on these challenges and marked subjectively on how far they address the market failures. The implications of having different approaches across markets is discussed in light on its impact on the incentives to develop novel antimicrobials
RESULTS: Countries are developing new and varying approaches even while stating preferences for a collaborative approach.
CONCLUSIONS: We would propose that there does need to be a more global approach to reimbursement and payment for such antimicrobials, if the market failures are to be addressed and to avoid inequality in access to medicines.
Conference/Value in Health Info
Value in Health, Volume 25, Issue 12S (December 2022)
Code
HPR206
Topic
Health Policy & Regulatory
Topic Subcategory
Pricing Policy & Schemes, Reimbursement & Access Policy, Risk-sharing Approaches
Disease
STA: Drugs