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. 2015 Nov 17;34:315–322. doi: 10.1007/s40273-015-0346-z
Value of information (VOI) is considered valuable to guide decisions on additional research and adoption concerning pharmaceuticals.
VOI is currently not common practice in research and decisions concerning pharmaceuticals.
Practical guidelines are needed that indicate how to perform VOI.
A threshold incremental cost-effectiveness ratio (ICER) should be defined to enable VOI results to be interpreted.
A policy framework is needed that includes criteria of when to perform VOI, agreements on how the results are being used and on who pays what amount for additional research.