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England’s Innovative Medicines Fund Needs De-Risking To Make It Work

 
• By Francesca Bruce

The Innovative Medicines Fund is not delivering the ambition that was set out when it was launched in England last year, according to one UK company general manager.

Pound Blister Pack
England's Innovative Medicine's Fund Needs To Be Improved • Source: Shutterstock

Some eight months after its launch, companies are still not using England’s £340m ($407m) Innovative Medicines Fund (IMF) to get their new non-cancer drugs to patients because it carries too much risk, says Sean Richardson, vice-president and general manager for the UK and Ireland at Alexion Pharmaceuticals Inc..

Launched in June 2022, the IMF was designed to offer conditional reimbursement for innovative new non-cancer drugs that are associated...

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