The Pharmaceutical Policy Lab is an international research collaboration based within LSE Health dedicated to evaluating, informing, and shaping pharmaceutical policies.
We strive to maximise the benefits and minimise the harms of new and existing medicines for patients, health systems, and societies.
Our research is interdisciplinary, spanning health policy, health economics, medicine, pharmacoepidemiology, sociology, political science, law, management and communication.
Our motivation
Ideally, systems for inventing, approving, and funding new drugs should lead to therapies that truly transform patient outcomes. Societies need effective medicines that are available, accessible, and affordable both at the individual and population levels. However, current pharmaceutical systems often fail to meet these needs.
Fundamental challenges include:
- Research and development often fall short of meeting therapeutic needs.
- Regulators struggle to balance timely market entry with robust evidence of drug benefits and harms.
- Patients, prescribers, and payers frequently lack reliable information to make evidence-based decisions aligned with their values.
- The substantial financial burden of new medications imposes significant opportunity costs on societies, disproportionately affecting vulnerable populations and future generations
We envision pharmaceutical policies that promote population well-being and health system sustainability by ensuring:
- Needed and effective medicines are developed, accessible, and affordable.
- Patients, prescribers, and the public are well-informed.
- Decisions on regulatory approval, health technology assessment, pricing, reimbursement, and prescribing are grounded in robust evidence.
Outputs
Population-health impact of new drugs recommended by the National Institute for Health and Care Excellence in England during 2000-20: a retrospective analysis.
Health systems experience difficult trade-offs when paying for new drugs. In England, funding recommendations by the National Institute for Health and Care Excellence (NICE) for new drugs might generate health gains, but inevitably result in forgone health as the funds cannot be used for alternative treatments and services. This paper showed that national health service coverage of new drugs in England displaced more health than it generated during 2000-2020. These results highlight the inherent trade-offs between individuals who directly benefit from new drugs and those who forgo health due to the reallocation of resources towards new drugs.
The findings of this paper were covered in the Financial Times, The Independent, The Telegraph, The Economist, Euronews, among others.
Read the open access paper here.
Preferences for speed of access versus certainty of the survival benefit of new cancer drugs: a discrete choice experiment
Many new cancer drugs do not offer any survival benefit to patients. In this study, individuals expressed strong preferences for certainty that a cancer drug would offer survival benefit. Some individuals also expressed a higher willingness to wait for greater certainty than would be necessary to assess the survival benefit of most cancer drugs used in the metastatic setting.
Read the open access paper here.
Treatment Effects in Randomized and Nonrandomized Studies of Pharmacological Interventions: A Meta-Analysis
Randomized clinical trials (RCTs) are widely regarded as the methodological benchmark for assessing clinical efficacy and safety of health interventions. There is growing interest in using nonrandomized studies to assess efficacy and safety of new drugs. In this study, there was no overall difference in effect size estimates between RCTs and nonrandomized studies on average, but nonrandomized studies both overestimated and underestimated treatment effects observed in RCTS and introduced additional uncertainty. These findings suggest that relying on nonrandomized studies as substitutes for RCTs may introduce additional uncertainty about the therapeutic effects of new drugs.
Read the open access paper here.
Overall survival benefits of cancer drugs initially approved by the US Food and Drug Administration on the basis of immature survival data: a retrospective analysis
New cancer drugs can be approved by the US Food and Drug Administration (FDA) on the basis of surrogate endpoints while data on overall survival are still incomplete or immature, with too few deaths for meaningful analysis. This study showed that fewer than a third of indications approved with immature survival data demonstrated a statistically significant overall survival benefit after approval. Notable inconsistencies in timing and availability of information after approval across different sources emphasise the need for better reporting standards.
Read the open access paper here.
Communication of anticancer drug benefits and related uncertainties to patients and clinicians: document analysis of regulated information on prescription drugs in Europe
To receive and participate in medical care, patients need high quality information about treatments, tests, and services—including information about the benefits of and risks from prescription drugs. This study showed that the benefits of anticancer drugs were rarely well communicated to patients in regulated information sources for prescription drugs in Europe. The findings of this study highlight the need to improve the communication of the benefits and related uncertainties of anticancer drugs in regulated information sources in Europe to support evidence informed decision making by patients and their clinicians.
The findings of this paper were covered in The Guardian.
Read the open access paper here.
The Political Economy of the World Health Organization Model Lists of Essential Medicines
The World Health Organization (WHO) Model Lists of Essential Medicines (EML) aims to help countries select medicines based on the priority needs of their populations. However, rapid evolution within the pharmaceutical sector toward complex, high-priced medicines has challenged WHO decision making, leading to inconsistent decisions. This research demonstrates that challenges facing the EML have deep roots. At the core of this issue is the role of the list. Defining a strategic vision for the WHO EML, refining decision criteria, and increasing institutional support would align interests, good processes, and, ultimately, contribute to positive societal health outcomes.
Read the open access paper here.
Real-world Use of and Spending on New Oral Targeted Cancer Drugs in the US, 2011-2018
Launch prices of new cancer drugs in the US have substantially increased in recent years despite growing concerns about the quantity and quality of evidence supporting their approval by the US Food and Drug Administration (FDA). This study showed that the percentage of patients receiving drugs without documented overall survival benefit increased substantially from 2011 to 2018. In 2018, cumulative spending on drugs without documented overall survival benefit exceeded that of drugs with documented overall survival benefit.
Read the paper here.
Communication of Survival Data in US Food and Drug Administration-Approved Labeling of Cancer Drugs
Overall survival—how long patients live after treatment—is the most definitive patient-relevant outcome when evaluating cancer drugs in clinical trials. Consistently communicating the association of cancer drugs with overall survival in US Food and Drug Administration (FDA)-approved labeling can help inform treatment decisions. In this study, we found substantial variation in how information on overall survival was reported in cancer drug labeling. Such variation complicates ascertaining whether a cancer drug improves overall survival in its labeled indication.
Read the paper here.
The Complex Cancer Care Coverage Environment - What is the Role of Legislation? A Case Study from Massachusetts
New anti-cancer medications come to markets at increasingly high prices, and health insurance coverage is crucial for patient access to these therapies. State laws are intended to facilitate insurance coverage of anti-cancer therapies. Using Massachusetts as a case study, we identified five current cancer coverage state laws and interviewed experts on their perceptions of the relevance of the laws and how well they meet the current needs of cancer care given rapid changes in therapies. Interviewees emphasized that cancer therapies, as compared to many other therapeutic areas, are unique because insurance legislation targets their coverage.
Read the paper here.
Approval of Cancer Drugs With Uncertain Therapeutic Value: A Comparison of Regulatory Decisions in Europe and the United States
Regulatory agencies are increasingly required to make market approval decisions for new drugs on the basis of limited clinical evidence, a situation commonly encountered in cancer. This study showed that US and European regulators often deemed early and less complete evidence on benefit-risk profiles of cancer drugs sufficient to grant regular approval, raising questions over regulatory standards for the approval of new medicines. Even when imposing confirmatory studies in the postmarketing period through special approval pathways, meaningful evidence may not materialize due to shortcomings in study design and delays in conducting required studies with due diligence.
Read the open access paper here.
Generating comparative evidence on new drugs and devices before approval
Fewer than half of new drugs have data on their comparative benefits and harms against existing treatment options at the time of regulatory approval in Europe and the USA. This paper proposed a set of five key principles relevant to the European Medicines Agency, European medical device regulatory agencies, US Food and Drug Administration, as well as payers, that we believe will provide the necessary incentives for pharmaceutical and device companies to generate comparative data on drugs and devices and assure timely availability of evidence that is useful for decision making. First, labelling should routinely inform patients and clinicians whether comparative data exist on new products. Second, regulators should be more selective in their use of programmes that facilitate drug and device approvals on the basis of incomplete benefit and harm data. Third, regulators should encourage the conduct of randomised trials with active comparators. Fourth, regulators should use prospectively designed network meta-analyses based on existing and future randomised trials. Last, payers should use their policy levers and negotiating power to incentivise the generation of comparative evidence on new and existing drugs and devices, for example, by explicitly considering proven added benefit in pricing and payment decisions.
Read the paper here.
Design characteristics, risk of bias, and reporting of randomised controlled trials supporting approvals of cancer drugs by European Medicines Agency, 2014-16: cross sectional analysis
Most pivotal studies forming the basis of European Medicines Agency (EMA) approval of new cancer drugs between 2014 and 2016 were randomised controlled trials. However, almost half of these were judged to be at high risk of bias based on their design, conduct, or analysis, some of which might be unavoidable because of the complexity of cancer trials. Regulatory documents and the scientific literature had gaps in their reporting. Journal publications did not acknowledge the key limitations of the available evidence identified in regulatory documents.
Read the open access paper here.
Availability of evidence of benefits on overall survival and quality of life of cancer drugs approved by European Medicines Agency: retrospective cohort study of drug approvals 2009-13
This systematic evaluation of oncology approvals by the European Medicines Agency (EMA) in 2009-13 shows that most drugs entered the market without evidence of benefit on survival or quality of life. At a minimum of 3.3 years after market entry, there was still no conclusive evidence that these drugs either extended or improved life for most cancer indications. When there were survival gains over existing treatment options or placebo, they were often marginal.
Findings of this paper were covered in The Guardian.
Read the open access paper here.
Pharmaceutical Policy: Balancing Innovation, Access and Affordability. A Primer on Pharmaceutical Policy and Economics
Read the full report here.
Pharmaceutical Policy: Balancing Innovation, Access and Affordability. Design Principles for a Coherent Pharmaceutical System
Read the full report here.
Pharmaceutical Policy: Balancing Innovation, Access and Affordability. Pharmaceutical Policy in the UK
Read the full report here.
Promoting Population Health through Pharmaceutical Policy. The Role of the UK Voluntary Scheme
Read the full report here.
Law and the Regulation of Medicines
The principal purpose of this book is to tell the story of a medicine's journey through the regulatory system in the UK, from defining what counts as a medicine, through clinical trials, licensing, pharmacovigilance, marketing and funding. The question of global access to medicines is addressed because of its political importance, and because it offers a particularly stark illustration of the consequences of classifying medicines as a private rather than a public good.
Two further specific challenges to the future of medicine's regulation are examined separately: first, pharmacogenetics, or the genetic targeting of medicines to subgroups of patients, and second, the possibility of using medicines to enhance well-being or performance, rather than treat disease.
Throughout, the emphasis is on the role of regulation in shaping and influencing the operation of the medicines industry, an issue that is of central importance to the promotion of public health and the fair and equitable distribution of healthcare resources.
More details available here.
Coalitions and Compliance: The Political Economy of Pharmaceutical Patents in Latin America
- Provides a clear presentation of global changes in intellectual property, particularly regarding pharmaceutical patents, and the ensuing challenges for developing countries
- Provides detailed case studies
- Provides systematic comparative analysis of pharmaceutical patent politics in Latin America's three largest countries over two time periods
More details available here.
Who is involved
Dr Anita Wagner
Associate Professor of Population Medicine, Department of Population Medicine, Harvard Medical School, Director, Center for Cancer Policy and Program Evaluation, Harvard Pilgrim Health Care Institute
anita_wagner@hms.harvard.edu
Avi Cherla
Research Fellow, Department of Population Medicine, Harvard Medical School, PhD candidate, Department of Health Policy, LSE
a.j.cherla@lse.ac.uk
For more information, please contact Dr Huseyin Naci at H.Naci@lse.ac.uk.