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Reading: Challenges in Conducting Economic Evaluations for Orphan Drugs in Rare Diseases – Healthcare Economist
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P-HealthX > Blog > Preventive Health > Challenges in Conducting Economic Evaluations for Orphan Drugs in Rare Diseases – Healthcare Economist
Preventive Health

Challenges in Conducting Economic Evaluations for Orphan Drugs in Rare Diseases – Healthcare Economist

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Last updated: 2024/06/06 at 1:43 AM
By admin 1 Min Read
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Estimating the value of orphan drugs for rare diseases is challenging due to various reasons outlined in a scoping review by Grand et al. (2024). Key issues include small sample sizes, lack of data, and uncertainties in disease characteristics, clinical effectiveness, costs, quality of life, cost-effectiveness, budget impact, and value/reimbursement. The authors suggest solutions such as collaborating with patient advocacy groups, establishing disease registries, and exploring outcomes-based payment models. While these approaches have benefits, they also present challenges, particularly in terms of cost. Learn more about these challenges and opportunities in rare disease economic evaluations.

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admin June 6, 2024 June 6, 2024
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