Objective |
To evaluate the clinical appropriateness, and relative clinical value of a new drug technology for its introduction into the formulary for cancer treatment |
To evaluate financial and systems-related factors in relation to the relative clinical value of new drug technologies for introduction into the formulary for cancer treatment; to compare the relative merits of competing drugs for funding. |
To ensure fair process in evaluation of new drug technologies; to evaluate policy-related factors; and to integrate clinical, administrative, and policy determinants in making decisions about public financing of new drug technologies |
Expertise required |
Clinical knowledge Methodological skills Workplace familiarity, practical |
Pharmacy policy Clinical knowledge Financial Systems flow |
Governance Population perspective Relative value and affordability Health systems factors Political factors |
Participants |
Clinical care teams (tumor groups)Pharmacist Methodologists (may be clinicians)Patient representative (preferred) |
Pharmacy and therapeutics committee (clinicians, clinical administrators, pharmacist)Patient representative (preferred) |
Organizational Executives Trustees as appropriate, clinical, and methodological resource person Patient representative (optional)May include physicians |
Responsibilities |
Provide critical evaluation of strength of evidence, relative clinical benefit in relation to current standards, likely impacts on patients, availability of reasonable alternatives to patients, and feasibility of delivery of a new drug technology |
Provide comparative estimates of projected usage and cost implications of competing new drugs if approved, benchmark comparators, determine relative value for degree of benefit against benchmarks |
Ensure appropriate decision process. Weigh relative value to patients, opportunity costs to the population/ society, and mechanisms for funding |
Outcome |
A critical evaluation of the drug technology's clinical performance and relative clinical value, prioritize indications for use |
A priority-based recommendation regarding inclusion of drugs in the formulary, and appropriate conditions for funding |
A decision regarding funding conditions and mechanisms of funding, or recommendations to government |