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.

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.

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