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The economics of medical technologies, in particular, medicines and medical devices

HTA

Nicod E and Kanavos P (2012) Commonalities and differences in HTA outcomes: a comparative analysis of five countries and implications for coverage decisions Health Policy, 108 (2-3). 167-177

Kanavos P and Nicod E (2012) What is wrong with orphan drug policies?: suggestions for ways forward Value in Health, 15 (8)

Nicod E (2010) Harmonizing the outcomes of HTA: an application to central nervous system treatments Euro Observer, 12 (4). 9-14

Valuing Innovation

Kanavos P, Angelis A, Multiple criteria decision analysis for value based assessment of new medical technologies: A conceptual framework, March 2013, LSE Health working paper no. 33/2013

Managed entry agreements

Kwong D, Ferrario A, Adamski J, Inotai A and Kalo Z (2014) Managing the introduction of new and high-cost drugs in challenging times: the experience of Hungary and Poland. Eurohealth, 20 (2), 2014

Ferrario A, Kanavos P, Managed entry agreements for pharmaceuticals: the European experience. EMiNet, Brussels, Belgium, 2013

Pricing

Kanavos P, Vandoros S, Determinants of branded prescription medicine prices in OECD countries, Health Econ Policy Law. 2011 Jul;6(3):337-67   

Kanavos P, Ferrario A, Vandoros S, Anderson GF, Higher US branded drug prices and spending compared to other countries may stem partly from quick uptake of new drugs, Health Aff (Millwood). 2013 Apr;32(4):753-61

Generics

Vandoros S and Kanavos P (2013) The generics paradox revisited: empirical evidence from regulated markets. Applied economics, 45 (22). pp. 3230-3239. ISSN 0003-6846

Kanavos P (2007) Do generics offer significant savings to the UK National Health Service? Current Medical Research and Opinion, vol. 23(1). Current medical research and opinion, 23 (1). pp. 105-116. ISSN 0300-7995

King DR and Kanavos P (2002) Encouraging the use of generic medicines: implications for transition economies. Croatian medical journal, 43 (4). pp. 462-469. ISSN 0353-9504   

 

 

Competition 

Kanavos, Panos and Wouters, Olivier J. (2014) Competition issues in the distribution of pharmaceuticals (French version)

For further information please contact: Olivier Wouters (o.j.wouters@lse.ac.uk), Panos Kanavos (p.g.kanavos@lse.ac.uk)

External Price Referencing (EPR)

EPR schemes can have varying impacts on short- and long-run prices, market dynamics, key stakeholders, and other relevant outcomes. This research evaluates the merits and demerits of EPR in the short- and the long-run from an efficiency, equity, and quality perspective. A theoretical and empirical analysis of the effectiveness of EPR is conducted, based on a systematic review of the literature and primary data analysis. As EPR has been most common in Europe, the study focuses on this region. A LSE discussion paper, a conference presentation, and an article in a peer-reviewed journal are forthcoming. 

Kanavos P, Nicod E, Espin J and van den Aardweg S (2010) Short- and long-term effects of value-based pricing vs. external price referencing. EMiNet.

Pharmaceutical Parallel Trade

The project reviewed the legal, policy and economic debate over pharmaceutical parallel trade, including the stakeholder implications as well as the competition and welfare effects. As pharmaceutical parallel trade has been most common in the European Union, much of the research focused on this region. A chapter is forthcoming in the Elsevier Encyclopedia of Health Economics (2014).

Kanavos, Panos and Wouters, Olivier J. (2014) Pharmaceutical parallel trade: legal, policy, and economic issues In: Culyer, Anthony J., (ed.) Encyclopedia of health economics. Elsevier, San Diego, USA, 20-28. ISBN 9780123756787

Kanavos P and Vandoros S (2010) Competition in prescription drug markets: is parallel trade the answer? Managerial and decision economics, 31 (5). pp. 325-338. ISSN 0143-6570

Kanavos P and Costa-i-Font J (2005) Pharmaceutical parallel trade in Europe: stakeholders and competition effects. Economic policy, 20 (44). pp. 751-798. ISSN 0266-4658

Kanavos P and Kowal S (2008), Does pharmaceutical parallel trade serve the objectives of cost control?, EuroHealth 14:2 

Access to medical technologies in developing, transition and emerging economies

Ferrario A, Sautenkova N, Bezverhni Z, Seicas R, Habicht J, Kanavos P and Safta V (2014) An in-depth analysis of pharmaceutical regulation in the Republic of Moldova. Journal of Pharmaceutical Policy and Practice, 7 (1). p. 4

Tordrup, David, Ahmed, Waqas, Bukhari, Khalid Saeed and Kanavos, Panos (2013) Availability of medical supplies during the 2010 Pakistan floods. Lancet Global Health, 1 (1). e13-e14

Kanavos P, Das P, Durairraj V, Laing R Abegunde DA, Options for financing and optimizing medicined in resource-poor countries, The World Medicines Situation 2011

 

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