Outcomes-Based Agreements (OBA) are a relatively new approach to drug pricing and reimbursement that have gained popularity in recent years. In this article, we will explore what OBA are, how they work, and their importance to the pharmaceutical industry. What are Outcomes-Based Agreements? Outcomes-Based Agreements are contracts between payers, such as insurance companies or governments, …
Health Technology Assessment (HTA) is a multidisciplinary field of research that evaluates the clinical, economic, and social value of medical interventions. The Market Access function within pharmaceutical companies typically apply for HTA to secure optimal market access for their products. In this article, we will explore the HTA process and the countries where it is …
Health Technology Assessment (HTA): Evaluating the Value of Medical Interventions Read More »
Gross-to-net adjustments (GTN) is a term used in the pharmaceutical industry to describe the process of adjusting the gross sales revenue of a product to arrive at the net revenue after accounting for various discounts, rebates, and other deductions. In this article, we will explore the meaning of GTN and its importance in the pharmaceutical …
Gross-to-Net Adjustments (GTN) in Pharmaceutical Sales: Understanding the Process Read More »
In the pharmaceutical industry, ensuring the quality and safety of drugs and medical devices is of utmost importance. Good Manufacturing Practice (GMP) is a set of guidelines and regulations that define the standards for pharmaceutical manufacturing, with the goal of ensuring that products are safe, effective, and of high quality. In this article, we will …
In the pharmaceutical industry, Contract Manufacturing Organizations (CMOs) have become an increasingly popular option for outsourcing the manufacturing of drugs and medical devices. In this article, we will explore the meaning of CMO and its importance in the pharmaceutical industry. Understanding CMOs A CMO is a third-party organization that provides manufacturing services to pharmaceutical companies. …
Glossary of common terms used in pharmaceutical and biotechnology industry ADC – Antibody-Drug Conjugate ADME – Absorption, Distribution, Metabolism, Excretion AE – Adverse Event API – Active Pharmaceutical Ingredient AQL – Acceptable Quality Level AWP – Average Wholesale Price BLA – Biologics License Application BMR – Batch Manufacturing Record BPD – Breakthrough Therapy Designation BPR …
