Navigation Links
New Competitive Arena Emerges for Pharmaceutical Companies in Healthcare's Changing Payment Landscape, Finds PwC Health Research Institute Study
Date:5/17/2012

NEW YORK, May 17, 2012 /PRNewswire/ -- Pharmaceutical companies that are first to meet healthcare's new expectations of value could have an advantage in the competition for market share and brand differentiation, according to a report published today by the Health Research Institute (HRI) at PwC US.  Physicians, health insurers and patients now want to know how well a drug will work and affect total medical costs.  Yet an HRI survey of health plan executives finds the information currently provided by the biopharmaceutical industry no longer suffices.  

(Logo: http://photos.prnewswire.com/prnh/20100917/NY66894LOGO)

As the basis for payment shifts to improved patient outcomes, health organizations are looking for more robust evidence of clinical and economic comparative effectiveness.  Drug makers that have faced challenges with formulary acceptance or reimbursement levels should speed their efforts to create and reliably demonstrate better outcomes for patients, says PwC.

The report entitled Unleashing value:  The changing payment landscape for the US pharmaceutical industry looks at how health insurers view evidence of drug effectiveness, contracting strategies and relationships with pharmaceutical companies.  A nationwide survey of 100 U.S. health insurers and pharmaceutical benefits managers, conducted by HRI, found:

  • To be considered for drug formulary placement, 82 percent of health plans said a drug manufacturer must demonstrate a clear clinical benefit compared with current branded and generic treatments, and 78 percent demand clear proof of cost savings.
  • Only five percent of heal
    '/>"/>

SOURCE PwC
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related biology technology :

1. PharmAthene Response to DHHS Request for Proposals for Recombinant Protective Antigen Anthrax Vaccine Deemed Technically Acceptable and Within Competitive Range for Procurement Consideration
2. DuPont Takes Aggressive Actions to Strengthen Competitiveness and Increase Cash Flow
3. New Study Shares Insights for Competitive Intelligence Policies, Ethics and Data Collection
4. USAID Selects Abt Associates to Lead Team in Strengthening Mexico Private Sector Competitiveness
5. Haemonetics Receives Favorable Ruling in Patent Lawsuit against Competitive Technology
6. American Oriental Bioengineering Honorably Elected a Top 20 Most Competitive Public Pharmaceutical Company in China
7. Shire Builds Competitive Position of its HGT Business through Research Collaboration with Santaris Pharma A/S on LNA Drug Platform
8. Richard Gephardt Joins Leading Innovators in Washington State to Call for Greater Focus on Policies to Boost Economy and Maintain U.S. Competitiveness in Medical Science and Innovation
9. Science Education Experts Discuss Solutions for Global Competitiveness at Scientific American Forum
10. Reportlinker Adds Monoclonal Antibodies: Pipeline Analysis and Competitive Assessment
11. Spanish biotechnology should focus on food and plant sectors to be more competitive
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/26/2015)...   Regulus Therapeutics Inc . (NASDAQ: ... development of innovative medicines targeting microRNAs, today announced that ... Executive Officer of Regulus, will present a company overview ... Healthcare Conference on Wednesday, March 4, 2015 at 9:20 ... Boston Marriott Copley Place.  The presentation ...
(Date:2/26/2015)... Woodbridge, NJ (PRWEB) February 26, 2015 ... and its affiliated companies, Wilentz, Goldman & ... in a trade secrets lawsuit against Genewiz Inc. in ... illegally obtained and utilized GenScript’s trade secrets, and that ... The court entered an order denying motions for ...
(Date:2/26/2015)... 26, 2015 The Pittcon 2015 ... the Ernest N. Morial Convention Center in New ... of February 19, 2015) displaying products and services ... and government labs. The Exposition will offer the ... limited to, analytical chemistry; drug discovery; nanotechnology; life ...
(Date:2/26/2015)... (PRWEB) February 26, 2015 According to ... “Agricultural Biotechnology Market For Transgenic Crops (Corn, Soybean, Cotton ... Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 ... USD 15,300 million in 2012 and is expected to ... CAGR of 9.5% from 2013 to 2019. , ...
Breaking Biology Technology:Regulus to Present at Cowen and Company 35th Annual Healthcare Conference 2Regulus to Present at Cowen and Company 35th Annual Healthcare Conference 3Wilentz Client GenScript Awarded $10 Million in Trade Secrets Case Against Genewiz 2Wilentz Client GenScript Awarded $10 Million in Trade Secrets Case Against Genewiz 3Pittcon 2015 Announces Exposition Highlights 2Global Agricultural Biotechnology Market is Expected to Reach USD 28,694.1 Million in 2019 : Transparency Market Research 2Global Agricultural Biotechnology Market is Expected to Reach USD 28,694.1 Million in 2019 : Transparency Market Research 3
... March 18 Medarex, Inc. (Nasdaq: MEDX ) ... Needham & Company Cancer Therapeutics: Today & Tomorrow Conference at ... event will be webcast live and will be available in ... www.medarex.com . An archived edition of the presentation will be ...
... 18 XTL Biopharmaceuticals Ltd. (Nasdaq: XTLB ... General Meetings ("EGMs") held earlier today.All of the resolutions ... directors consists of Mark Allouche, Dafna Cohen, Yaron Diament, ... was also appointed Chairman. Dafna Cohen and Yaron ...
... ANNAPOLIS, Md., March 18 The following event was announced ... , WHAT: We Work for Health of ... health, academia, education, labor and business that will discuss the ... important to the survival and growth of medical innovation in ...
Cached Biology Technology:Extraordinary General Meetings Statement -- XTL Also Announces Board and Management Changes 2Maryland Business, Academic and Biopharma Groups Underscore Commitment to Medical Innovation, Finding Cures and Supporting the Economy 2
(Date:2/5/2015)... LA JOLLA, Calif. , Jan. 30, 2015 /PRNewswire/ ... realizes the great power and potential for genomic science ... to aid in disease prevention and treatment.  I was ... a potential new, government-funded precision medicine program. ... on advancing the science of genomics—from the first sequenced ...
(Date:1/22/2015)... MELBOURNE, Fla. , Jan. 13, 2015  Today, ... wearable technology, launched its crowdfunding campaign on Fundable, ... accelerate the build of production capacity to meet ... Photo - http://photos.prnewswire.com/prnh/20150113/168790 ...
(Date:1/22/2015)... and POINT ROBERTS, Washington , January ... covering leading sectors including technology and tech stocks, releases video ... featuring master pickpocket and security consultant Apollo Robbins . ... and talks about the Wocket™ biometric smart wallet, a product ...
Breaking Biology News(10 mins):J. Craig Venter, Ph.D., Co-Founder and CEO, Human Longevity, Inc. (HLI) Participates in White House Precision Medicine Event 2FreeWavz Launches on Fundable to Drive Speed-to-Market in 2015 2Apollo Robbins Talks about the Illusion of Personal Safety and How Easily Your Wallet is Stolen; If a Wocket Wallet is Stolen the Thief Can't do Anything With it! 2Apollo Robbins Talks about the Illusion of Personal Safety and How Easily Your Wallet is Stolen; If a Wocket Wallet is Stolen the Thief Can't do Anything With it! 3
... Washington, D.C. -- The compound sulforaphane whose ... broccoli and other cruciferous vegetables has been hailed ... has demonstrated new skills in treating a genetic ... Pierre Coulombe and colleagues at the Johns Hopkins ...
... Damaged or defective genes have long been known ... past decade, however, scientists have discovered that even healthy ... cause cancer without any changes in the underlying DNA ... Researchers in the laboratory of Whitehead Member Rudolf ...
... is a powerful noninvasive tool for studying brain activity ... are carried out on adults, but this technique also ... potential is hampered, however, by a lack of knowledge ... developing brain. Now, by studying rats, MIT neuroscientists show ...
Cached Biology News:Natural compound in broccoli could treat devastating genetic skin disorder 2DNA methylation shown to promote development of colon tumors 2DNA methylation shown to promote development of colon tumors 3Using fMRI to study brain development 2
Cell Lysis Buffer is used to lyse cells under nondenaturing conditions....
Rad 50 Immunogen: c-terminal mRad 50 (604 amino acids). Storage: 4 C...
... 200 IS System is ideal for developing ... reagents. This system contains the new, improved, ... Luminex. The user can design specific templates ... system has fully integrated graphing and data ...
...
Biology Products: