Put Yourself In The CEO’s Shoes: Audience Makes Drug Pricing And Investment Decisions At EHFG

A pricing simulation exercise at the recent EHFG conference gave delegates an idea of the multiple factors that have to be taken into account when setting the price of a new drug for a rare disease – and deciding which candidate molecules are worth investing in.

Medicines and money
Just how do you price a new drug? The audience at the recent EHFG had a go.

It’s not often you get asked to play the role of the CEO of a small company making pricing and investment decisions for rare disease drugs, but attendees at the recent European Health Forum Gastein in Austria were given the chance to do just that in an entertaining simulation exercise run by Celgene vice-president Kevin Loth.

“Step into the shoes of a CEO of a pharmaceutical company and experience the complexity and trade-offs all stakeholders face when pricing

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