Improving Forecasting of Pharmaceutical Spending
OECD - The advent of the direct acting anti-virals (DAAs) for hepatitis C, the increasing use of high cost biologics, and the escalating launch prices of oncology medicines in particular, have raised concerns that pharmaceutical expenditure growth could become increasingly difficult to sustain. In order to ensure adequate resource mobilisation, and to manage the entry of major new therapies, many countries see value in trying to anticipate changes in market dynamics and by doing so, to attempt to forecast future pharmaceutical expenditure.