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Commercial and Social Value of Pharmaceutical Industry-led Access Programs: Conceptual Framework and Descriptive
Joshua Smith-Sreen1, Anne Christine S Heerdegen2, Veronika J Wirtz2
1CDC Center for Global Health, PHI/CDC Global Health Fellowship Program, Lilongwe, Malawi.
Abstract:
Pharmaceutical industry-led access programs are growing in number globally and are increasingly adopting a hybrid approach intended to generate commercial and social value in parallel. We developed and applied a new conceptual framework in a descriptive analysis of observable indicators measuring commercial and social value for 91 programs registered in the Access Observatory. We found that most programs had features consistent with the generation of commercial value, directly through revenue generation (50.0%), or indirectly by creating competitive advantage (70.3%). We also found that most programs were implemented in countries where the company has commercial products registered (85.5%). While many programs had features consistent with the generation of social value, it was difficult to ascertain the level of that value because most did not share data (83.5%) and had not been evaluated (74.7%). Future efforts by the global health community and the pharmaceutical industry should focus on strengthening measurement and reporting on commercial and social indicators of industry-led access programs.
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