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. |