Drug Pricing I
This kind of pricing includes production and operational costs plus a markup.
What is cost-based drug pricing?
These drugs are used to treat cancers, autoimmune diseases, and infectious diseases.
What are monoclonal antibodies?
This measures a firm’s market power or its degree of pricing power.
What is the Lerner Index?
These include respect for persons, beneficence, and justice.
What are ethical principles guide clinical trials?
A design where participants receive multiple treatments in sequence.
What is a cross-over trial design?
This kind of pricing is used to quickly gain market share by offering low prices.
What is penetration drug pricing?
These drugs are cheaper than biologics, often come in generic form, and widely available; they are used to treat infections.
What are antibiotics?
This type of pricing sets high initial prices, then lowering them over time.
What is skimming pricing?
A 1979 document outlining ethical principles for research involving humans.
What is the Belmont Report?
A design testing multiple interventions and interactions simultaneously.
What is factorial design clinical trial?
This type of pricing is based on geographical or regional factors.
What is spatial product differentiation drug pricing?
These drugs treat seizure disorders and epilepsy.
What are anti-epilepsy drugs?
This type of pricing charges different prices to different consumer groups.
What is price discrimination?
This is the process of informing participants about risks, benefits, and rights before participation.
What is informed consent?
A flexible design that allows modifications based on interim results.
What is adaptive trial design?
This is an example of what kind of pricing -- a drug costs more in the U.S. than in Canada.
What is spatial product differentiation pricing?
These drugs are examples of what category of drugs? (e.g. acetaminophen, ibuprofen, or morphine).
What are analgesics?
This type of pricing accounts for why Keytruda is priced differently for lung vs. skin cancer.
What is indication pricing?
This group is charged with reviewing and monitoring research for ethical compliance.
What is the Institutional Review Board (IRB)?
This is the term used when keeping participants and/or researchers unaware of group assignments.
What is blinding in clinical trials?
Includes this formula L = (P - MC) / P
What is the formula for the Lerner Index?
These drugs are used to control blood glucose levels in diabetic patients.
What are antidiabetic drugs?
These types of drugs are expensive because they require complex biotechnological processes and strict regulation.
What are monoclonal antibodies?
These groups are considered what kind of population in clinical trials? (e.g. Children, pregnant women, or prisoners).
What are vulnerable populations in clinical trials?
The type of study where participants, researchers, and data analysts are all blinded.
What is a triple blind study?