ISPOR Comments to the FDA Concept Paper: RISK MANAGEMENT PROGRAMS Presented by Marilyn Dix Smith RPh, PhD ISPOR Executive Director On behalf of the ISPOR Risk Management Special Interest Group

4/29/2003


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International Society for Pharmacoeconomics &Outcomes Research

ISPOR Comments to the FDA Concept Paper: RISK MANAGEMENT PROGRAMS Presented by Marilyn Dix Smith RPh, PhD ISPOR Executive Director On behalf of the ISPOR Risk Management Special Interest Group

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The mission of the International Society for Pharmacoeconomics and Outcomes Research is to translate….. outcomes research into practice to ensure that society allocates scarce health care resources safely, fairly, and efficiently.

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ISPOR Health Science Strategic Initiatives

FDA Concept Paper: RISK MANAGEMENT PROGRAMS ISSUES TO CONSIDER

Risk Management = Minimizing (?) Risk AND Maximizing (?) Benefits= Outcomes Management

? Outcomes Measures = ? Outcomes Management = ? Risk Management

Pharmacoeconomic Modeling = Define Risk Management Plans ‘learn from today to predict for tomorrow’

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Outcomes Assessment = Key in Risk Management Plan Development and Evaluation

OUTCOMES ASSESSMENT

Outcomes Assessment TOOLS are key

Outcomes Assessment = Quantitative Measurements (as well as Qualitative Measurements)

Developing a strong rationale for each tool or combination of tools will require developing a much stronger research base

FDA’s four-level risk management system may send false-signals to prescribers and patients

Risk Management Program Assessment must be specific to be successful

For more information on Outcomes Assessment, see: www.ispor.org

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Author: Marilyn Dix Smith RPh, PhD

Home Page: http://www.fda.gov/cder/meeting/riskManagement.htm

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