Related Experiment Video
Updated: Apr 1, 2026

Author Spotlight: Advancing Personalized Medicine in Ovarian Cancer
Published on: February 23, 2024
Coverage With Evidence Development and Managed Entry in the Funding of Personalized Medicine: Practical and Ethical
Jan R R Lewis1, Ian Kerridge2, Wendy Lipworth2
1All authors: University of Sydney, Sydney, New South Wales, Australia. jlewis@med.usyd.edu.au.
Abstract:
Personalized medicines hold promise for many diseases. However, demonstrating the clinical efficacy and cost effectiveness of these medicines can be difficult. It is essential that decision-making processes for funding new medicines, including personalized medicines, are both robust and fit for purpose. We will argue that randomized trials of personalized medicines should be routinely supplemented with other research methods, such as observational research and single-arm studies, and that managed-entry funding programs, such as coverage with evidence development, may offer a means of providing early access to technologies where there is uncertainty about efficacy, safety, and cost effectiveness. These programs, however, raise a number of practical and ethical challenges that need to be worked through and resolved.
Insights
Personalized medicines require robust funding evaluations. Supplementing randomized trials with other research methods and utilizing managed-entry programs can improve access while addressing challenges.
Area of Science:
- Pharmacogenomics and personalized medicine research.
- Health economics and outcomes research.
- Evidence-based healthcare policy and funding.
Background:
- Personalized medicines offer targeted treatments but face challenges in demonstrating clinical efficacy and cost-effectiveness.
- Robust and appropriate decision-making processes are crucial for funding novel medical interventions.
- Current evaluation methods may not fully capture the value of personalized medicine.
Purpose of the Study:
- To propose enhanced research methodologies for evaluating personalized medicines.
- To explore the role of managed-entry funding programs in facilitating access to innovative therapies.
- To identify and address practical and ethical considerations associated with these programs.
Main Methods:
- Advocating for the integration of diverse research designs beyond traditional randomized controlled trials.
- Examining the utility of observational studies and single-arm trials for personalized medicine evaluation.
- Analyzing the framework and implications of managed-entry funding, including coverage with evidence development.
Main Results:
- Randomized trials alone are insufficient for comprehensive personalized medicine assessment.
- Managed-entry programs can provide early access to treatments with uncertain outcomes.
- Practical and ethical challenges necessitate careful planning and resolution for successful implementation.
Conclusions:
- A hybrid approach combining randomized trials with real-world evidence is essential for personalized medicine evaluation.
- Managed-entry funding models offer a pragmatic solution for balancing innovation, access, and evidence generation.
- Addressing the complexities of managed-entry programs is critical for realizing the full potential of personalized medicine.
More Related Videos
05:47Evidence-based Knowledge Synthesis and Hypothesis Validation: Navigating Biomedical Knowledge Bases via Explainable AI and Agentic Systems
Published on: June 13, 2025
14:20Polymalic Acid-based Nano Biopolymers for Targeting of Multiple Tumor Markers: An Opportunity for Personalized Medicine?
Published on: June 13, 2014
Related Concept Videos
Combination Therapies and Personalized Medicine
The combination of the drug acetazolamide and sulforaphane is a good example of combination therapy to treat cancer. The cells in the interior of a large tumor often die due to the hypoxic and...
Combination Therapies and Personalized Medicine
Targeted Cancer Therapies
Targeted Cancer Therapies
There are several types of targeted therapies against...
Pharmacogenomics: Identification of New Drug Targets
Issues And Trends In Healthcare Delivery System
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...