What Values and Priorities Mean for Health Reform
Citation:
Baicker, Katherine, and Amitabh Chandra. "What Values and Priorities Mean for Health Reform." New England Journal of Medicine (September 16, 2020). View Details|
Article Science March 17, 2017 How Economics Can Shape Precision Medicines |
Abstract
Many public and private efforts in coming years will focus on research in precision medicine, developing biomarkers to indicate which patients are likely to benefit from a certain treatment so that others can be spared the cost—financial and physical—of being treated with unproductive therapies while more easily uncovering therapeutic signals. However, such research initiatives alone will not deliver new medicines to patients in the absence of strong incentives to bring new products to market. We examine the unique economics of precision medicines and associated biomarkers, placing an emphasis on the factors affecting their development, pricing, and access.
Keywords: Health Care and Treatment; Research; Economics; Motivation and Incentives;
Citation:
Stern, Ariel Dora, Brian M. Alexander, and Amitabh Chandra. "How Economics Can Shape Precision Medicines." Science 355, no. 6330 (March 17, 2017): 1131–1133.
