Implementation of a Market Entry Reward within the United States

As part of a multifactorial approach to address weak incentives for innovative antimicrobial drug development, market entry rewards (MERs) are an emerging solution. Recently, the Duke-Margolis Center for Health Policy released the Priority Antimicrobial Value and Entry (PAVE) Award proposal, which c...

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Published inThe Journal of law, medicine & ethics Vol. 46; no. 1_suppl; pp. 50 - 58
Main Authors Daniel, Gregory W., Schneider, Monika, Lopez, Marianne Hamilton, McClellan, Mark B.
Format Journal Article
LanguageEnglish
Published Los Angeles, CA SAGE Publications 01.06.2018
Cambridge University Press
Subjects
Antibiotics
Antimicrobial agents
Drug development
Drug resistance
Funding
Health care policy
Health technology assessment
Infections
Intellectual property
Market entry
Markets
Pathogens
Pharmaceutical industry
Proposals
Public health
Rewards
United States > US
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Abstract As part of a multifactorial approach to address weak incentives for innovative antimicrobial drug development, market entry rewards (MERs) are an emerging solution. Recently, the Duke-Margolis Center for Health Policy released the Priority Antimicrobial Value and Entry (PAVE) Award proposal, which combines a MER with payment reforms, transitioning from volume-based to “value-based” payments for antimicrobials. Here, the PAVE Award and similar MERs are reviewed, focusing on further refinement and avenues for implementation.
AbstractList As part of a multifactorial approach to address weak incentives for innovative antimicrobial drug development, market entry rewards (MERs) are an emerging solution. Recently, the Duke-Margolis Center for Health Policy released the Priority Antimicrobial Value and Entry (PAVE) Award proposal, which combines a MER with payment reforms, transitioning from volume-based to “value-based” payments for antimicrobials. Here, the PAVE Award and similar MERs are reviewed, focusing on further refinement and avenues for implementation.
Author Lopez, Marianne Hamilton
Schneider, Monika
McClellan, Mark B.
Daniel, Gregory W.
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  organization: is the Deputy Director of the Robert J. Margolis, MD, Center for Health Policy and a Clinical Professor in the Fuqua School of Business at Duke University. He received his B.S. in Pharmacy, M.S. in Pharmaceutical Administration, and M.P.H. in Biostatistics from the Ohio State University and his Ph.D. in Pharmaceutical Economics, Policy, and Outcomes from the University of Arizona
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  givenname: Monika
  surname: Schneider
  fullname: Schneider, Monika
  organization: is the Deputy Director of the Robert J. Margolis, MD, Center for Health Policy and a Clinical Professor in the Fuqua School of Business at Duke University. He received his B.S. in Pharmacy, M.S. in Pharmaceutical Administration, and M.P.H. in Biostatistics from the Ohio State University and his Ph.D. in Pharmaceutical Economics, Policy, and Outcomes from the University of Arizona
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  givenname: Marianne Hamilton
  surname: Lopez
  fullname: Lopez, Marianne Hamilton
  organization: is the Deputy Director of the Robert J. Margolis, MD, Center for Health Policy and a Clinical Professor in the Fuqua School of Business at Duke University. He received his B.S. in Pharmacy, M.S. in Pharmaceutical Administration, and M.P.H. in Biostatistics from the Ohio State University and his Ph.D. in Pharmaceutical Economics, Policy, and Outcomes from the University of Arizona
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  givenname: Mark B.
  surname: McClellan
  fullname: McClellan, Mark B.
  organization: is the Deputy Director of the Robert J. Margolis, MD, Center for Health Policy and a Clinical Professor in the Fuqua School of Business at Duke University. He received his B.S. in Pharmacy, M.S. in Pharmaceutical Administration, and M.P.H. in Biostatistics from the Ohio State University and his Ph.D. in Pharmaceutical Economics, Policy, and Outcomes from the University of Arizona
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Cites_doi 10.1126/science.aaf5771
10.1093/cid/cit152
10.1016/S1473-3099(15)00500-9
10.1038/clpt.2010.286
10.1377/hlthaff.2015.1139
10.1371/journal.pmed.1002043
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Snippet As part of a multifactorial approach to address weak incentives for innovative antimicrobial drug development, market entry rewards (MERs) are an emerging...
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SubjectTerms Antibiotics
Antimicrobial agents
Drug development
Drug resistance
Funding
Health care policy
Health technology assessment
Infections
Intellectual property
Market entry
Markets
Pathogens
Pharmaceutical industry
Proposals
Public health
Rewards
Title Implementation of a Market Entry Reward within the United States
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