2012
DOI: 10.1586/erm.12.129
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The economic value of companion diagnostics and stratified medicines

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Cited by 7 publications
(5 citation statements)
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“…As the technology surrounding genomic testing improves and the price of the technology decreases, the ability of clinicians to order multiple genetic tests, use panels of genetic markers and even whole tumor genome sequencing methods will increase dramatically [68]. This advancement will further individualize oncology treatment, but a number of issues will arise when trying to assess the economic value of these more complex diagnostic testing methods and how they relate to the use of a targeted therapy [69][70][71][72].…”
Section: Five-year Viewmentioning
confidence: 99%
“…As the technology surrounding genomic testing improves and the price of the technology decreases, the ability of clinicians to order multiple genetic tests, use panels of genetic markers and even whole tumor genome sequencing methods will increase dramatically [68]. This advancement will further individualize oncology treatment, but a number of issues will arise when trying to assess the economic value of these more complex diagnostic testing methods and how they relate to the use of a targeted therapy [69][70][71][72].…”
Section: Five-year Viewmentioning
confidence: 99%
“…With the evolution of molecular biology and laboratory techniques, especially the emergence of large‐scale “omics” platforms (genomics, epigenomics, transcriptomics, proteomics, metabolomics, and others) and whole‐genome sequencing, more attention and efforts have been devoted to the development of novel molecular biomarkers and companion diagnostic tools . A well‐defined molecular diagnosis could maximize treatment efficiency and the cost‐benefit ratio . We are facing unprecedented opportunities for the integration of molecular diagnostics into the clinic, which promotes progress toward the personalized management of patients with cancer.…”
Section: Molecular Diagnosismentioning
confidence: 99%
“…63 A well-defined molecular diagnosis could maximize treatment efficiency and the cost-benefit ratio. 64 We are facing unprecedented opportunities for the integration of molecular diagnostics into the clinic, which promotes progress toward the personalized management of patients with cancer.…”
Section: Molecular Diagnosismentioning
confidence: 99%
“…As one approach, value-based pricing of new drugs aims to maximise the health-related and economic outcomes given a prespecified willingness to pay; in many countries, this has become a widespread method to assess the pricing and reimbursement of new pharmaceuticals entering the market [ 3 , 4 ]. In recent years, attention has also expanded towards companion diagnostics for innovative treatments: highly specialised diagnostic tests paired to a specific drug in the context of what is labelled personalised medicine [ 5 , 6 ]. Personalised medicine entails that drugs are targeted more to specific patient subgroups, with the aim of reducing the uncertainty of whether the drug will be effective before administration and correspondingly improve cost effectiveness of the drug considered.…”
Section: Introductionmentioning
confidence: 99%