Yesterday's The Pharmaceutical Managers Institute Market Access Masterclass, proudly sponsored by Salutem Insights, was a fantastic opportunity to delve into the latest industry developments and gain actionable insights. With expert contributions from key industry leaders, the session covered a wide range of topics crucial to understanding the evolving landscape of market access in Ireland. Here are our key takeaways: 🔹 𝗡𝗖𝗣𝗘 𝗨𝗽𝗱𝗮𝘁𝗲: The NCPE has expanded its team with 11 new staff (7 HTA Assessors & 4 Statisticians) to handle the growing volume of submissions in 2023. However, a backlog remains due to the surge in submissions. 🔹 𝗡𝗲𝘄 𝗕𝘂𝗱𝗴𝗲𝘁 𝗜𝗺𝗽𝗮𝗰𝘁 𝗧𝗲𝗺𝗽𝗹𝗮𝘁𝗲: Exciting news from the NCPE – a new Budget Impact Template is set to roll out by October 2024, promising more efficient processes. 🔹 𝗘𝗮𝗿𝗹𝘆 𝗖𝗼𝘀𝘁 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀: Ronan Mahon from University of Galway shared insights on how early cost-effectiveness analysis can help manufacturers assess the value of new medicines during clinical trials, offering critical insights from a health system perspective. 🔹 𝗣𝗮𝘁𝗶𝗲𝗻𝘁 𝗩𝗼𝗶𝗰𝗲 𝗶𝗻 𝗥𝗲𝗶𝗺𝗯𝘂𝗿𝘀𝗲𝗺𝗲𝗻𝘁: Aoife Kirwan from Multiple Sclerosis Ireland Ireland highlighted the importance of integrating the patient perspective in the reimbursement process, especially in telling the "unmet need" story. 🔹 𝗔𝗜 𝗶𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗰𝗰𝗲𝘀𝘀: EY Ireland gave us a glimpse into the evolving role of AI in market access. While still in its early stages in Market Access, AI is already starting to add value in other areas. 🔹 𝗣𝗮𝘆𝗲𝗿 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀 & 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲𝘀: Our MD, Sandra Redmond, shared insights from the Salutem Insights dashboard on what payers are focused on, timelines, and overcoming challenges in the reimbursement process. 🔹𝗩𝗼𝗶𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆: Leah Russell from Pfizer gave us an overview of the challenges facing the industry including the forthcoming Framework Agreement and time to reimbursement timelines. A big thank you to Fiona Dunphy and the PMI team for organising such a valuable event. We look forward to continuing the discussion and sharing more updates. If you'd like to learn more about these key topics or how Salutem Insights can support your Market Access strategy, get in touch today! #MarketAccess #HealthcareInnovation #HTA #IrishPharma #Reimbursement #HealthcarePolicy #SalutemInsights
Such a great roundup of the masterclass!! Huge thanks to Sandra Redmond & Salutem Insights Ltd. for your support of this event& for sharing your expertise & knowledge with the attendees.
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6moHuge thanks again Salutem Insights Ltd. for your support of this masterclass and particular thanks to Sandra Redmond for her talk. Brilliant to have access to her vast knowledge and expertise in market access in Ireland. 👏