2006
DOI: 10.1016/j.drudis.2006.09.009
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Developing a paradigm of drug innovation: an evaluation algorithm

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Cited by 18 publications
(19 citation statements)
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“…As mentioned by Ekins and Arnold, the decisions suggested in such an approach could be based on one of a number of algorithms, such as a decision tree approach that has been widely used in health economic analysis [7] and drug innovation assessment algorithm analysis [8].…”
Section: Decision-analytic Approachesmentioning
confidence: 99%
“…As mentioned by Ekins and Arnold, the decisions suggested in such an approach could be based on one of a number of algorithms, such as a decision tree approach that has been widely used in health economic analysis [7] and drug innovation assessment algorithm analysis [8].…”
Section: Decision-analytic Approachesmentioning
confidence: 99%
“…An Italian algorithm was developed to quantify the value of innovation, in the hope of capturing patients, policymakers and pharmaceutical companies’ perspectives in the innovation process [38]. The Innovation Assessment Algorithm (IAA) had three key aims: first, to take into account and incorporate different properties of drug innovation; second, to provide a numeric weight as a measure of the innovative value of a drug and third, to reassess innovation over time, by incorporating clinical evidence emerging post-marketing authorisation.…”
Section: Different Approaches To Valuing Pharmaceutical Innovation Inmentioning
confidence: 99%
“…To this end, the Innovation Assessment Algorithm (IAA), developed and presented by Prof. Luciano Caprino and Dr Pierluigi Russo during the six-month Italian Presidency of the European Union (2003), was utilized. The Algorithm, published in Drug Discovery Today in 2006 [1], considers the innovative quality of a medicine not as a single, distinct property, but as a combination of several properties that may be represented like a decision tree. Each branch of the tree, corresponding to a property connected with innovation, is assigned a fixed numerical value.…”
Section: Purposementioning
confidence: 99%