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Industry / United Kingdom

NICE To Be Sidelined In Assessing Medicine Cost Effectiveness

October 2010 | Industry Trend Analysis

BMI View: The adoption of value-based pricing in place of the National Institute for Health and Clinical Excellence (NICE)'s cost-effectiveness calculations will improve the chances of innovative medicines entering the NHS. However, we believe that providing a satisfactory definition of the word 'value' will be difficult. In the past, the NICE has come under attack for its definition of

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