Today we're bringing you an article out of BioPharma DIVE that highlights the concept of value-based price contract that links cost to how well a drug actually works. Value-based agreements can come in many different shapes but all share the same idea of risk sharing.
Ned Pagliarulo writes, "Typically under these deals, a drugmaker will agree to a higher rebate or discount if a drug fails to works as advertised. If a drug performs better than expected, however, the rebate or discount given to the payer would be less, and therefore the drug would have a higher net price."
To take a closer look, read the full article HERE!
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