Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines

Drawing on a pragmatist approach to pricing, this article discusses the impact of cost-effectiveness analysis (CEA) in the pricing strategies of pharmaceutical companies. Through an analysis of the human papillomavirus (HPV) vaccination, this article illustrates the strategic appropriation of eviden...

Full description

Autores:
Tipo de recurso:
Fecha de publicación:
2016
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/26792
Acceso en línea:
https://doi.org/10.1080/17530350.2016.1260041
https://repository.urosario.edu.co/handle/10336/26792
Palabra clave:
Pricing
Value
Vaccines
Valuation
Human papillomavirus vaccine
Rights
License
Abierto (Texto Completo)
id EDOCUR2_f9397c5f4fcc3bea281b50e728ec7a35
oai_identifier_str oai:repository.urosario.edu.co:10336/26792
network_acronym_str EDOCUR2
network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
spelling 800997066002020-08-19T14:40:15Z2020-08-19T14:40:15Z2016-11-25Drawing on a pragmatist approach to pricing, this article discusses the impact of cost-effectiveness analysis (CEA) in the pricing strategies of pharmaceutical companies. Through an analysis of the human papillomavirus (HPV) vaccination, this article illustrates the strategic appropriation of evidence-based medicine (narratives and practices) that pharmaceutical companies have undertaken to enhance the value of their products. While governments are concentrated on the measurement of costs and efficiency (cost-effectiveness), companies attempt to find the threshold of effectiveness that supports their estimation of value. I have called such mode of calculation, price-effectiveness. Pharmaceutical companies engage in different ways with CEA in devising their own price strategies. First, CEA is used as an instrument to raise HPV vaccines as a matter of interest for health authorities. Second, companies produce models to maximise the effectiveness of their products. Third, the expense side of CEA has opened an opportunity to represent some conditions as diseases in order to increase the potential value of the vaccine, expressed in a higher price. Debates and practices of pricing offer a unique opportunity to trace how particular forms of quantification have become the common ground in the demonstration of value in healthcare and the adaptation of companies.application/pdfhttps://doi.org/10.1080/17530350.2016.1260041ISSN: 1753-0350EISSN: 1753-0369https://repository.urosario.edu.co/handle/10336/26792engTaylor & Francis Group177No. 2163Journal of Cultural EconomyVol. 10Journal cultural Economy, ISSN: 1753-0350;EISSN: 1753-0369, Vol.10, No.2 (2017); pp. 163-177https://www.tandfonline.com/doi/full/10.1080/17530350.2016.1260041Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2Journal of Cultural Economyinstname:Universidad del Rosarioreponame:Repositorio Institucional EdocURPricingValueVaccinesValuationHuman papillomavirus vaccinePrice-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccinesPrecio-efectividad: farmacoeconomía, valor y el precio adecuado para las vacunas contra el VPHarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Maldonado Castañeda, Oscar Javier10336/26792oai:repository.urosario.edu.co:10336/267922021-11-22 06:07:51.914https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
dc.title.TranslatedTitle.spa.fl_str_mv Precio-efectividad: farmacoeconomía, valor y el precio adecuado para las vacunas contra el VPH
title Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
spellingShingle Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
Pricing
Value
Vaccines
Valuation
Human papillomavirus vaccine
title_short Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
title_full Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
title_fullStr Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
title_full_unstemmed Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
title_sort Price-effectiveness: Pharmacoeconomics, value and the right price for HPV vaccines
dc.subject.keyword.spa.fl_str_mv Pricing
Value
Vaccines
Valuation
Human papillomavirus vaccine
topic Pricing
Value
Vaccines
Valuation
Human papillomavirus vaccine
description Drawing on a pragmatist approach to pricing, this article discusses the impact of cost-effectiveness analysis (CEA) in the pricing strategies of pharmaceutical companies. Through an analysis of the human papillomavirus (HPV) vaccination, this article illustrates the strategic appropriation of evidence-based medicine (narratives and practices) that pharmaceutical companies have undertaken to enhance the value of their products. While governments are concentrated on the measurement of costs and efficiency (cost-effectiveness), companies attempt to find the threshold of effectiveness that supports their estimation of value. I have called such mode of calculation, price-effectiveness. Pharmaceutical companies engage in different ways with CEA in devising their own price strategies. First, CEA is used as an instrument to raise HPV vaccines as a matter of interest for health authorities. Second, companies produce models to maximise the effectiveness of their products. Third, the expense side of CEA has opened an opportunity to represent some conditions as diseases in order to increase the potential value of the vaccine, expressed in a higher price. Debates and practices of pricing offer a unique opportunity to trace how particular forms of quantification have become the common ground in the demonstration of value in healthcare and the adaptation of companies.
publishDate 2016
dc.date.created.spa.fl_str_mv 2016-11-25
dc.date.accessioned.none.fl_str_mv 2020-08-19T14:40:15Z
dc.date.available.none.fl_str_mv 2020-08-19T14:40:15Z
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.doi.none.fl_str_mv https://doi.org/10.1080/17530350.2016.1260041
dc.identifier.issn.none.fl_str_mv ISSN: 1753-0350
EISSN: 1753-0369
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/26792
url https://doi.org/10.1080/17530350.2016.1260041
https://repository.urosario.edu.co/handle/10336/26792
identifier_str_mv ISSN: 1753-0350
EISSN: 1753-0369
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationEndPage.none.fl_str_mv 177
dc.relation.citationIssue.none.fl_str_mv No. 2
dc.relation.citationStartPage.none.fl_str_mv 163
dc.relation.citationTitle.none.fl_str_mv Journal of Cultural Economy
dc.relation.citationVolume.none.fl_str_mv Vol. 10
dc.relation.ispartof.spa.fl_str_mv Journal cultural Economy, ISSN: 1753-0350;EISSN: 1753-0369, Vol.10, No.2 (2017); pp. 163-177
dc.relation.uri.spa.fl_str_mv https://www.tandfonline.com/doi/full/10.1080/17530350.2016.1260041
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Taylor & Francis Group
dc.source.spa.fl_str_mv Journal of Cultural Economy
institution Universidad del Rosario
dc.source.instname.none.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.none.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
_version_ 1814167656649981952