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NICE 'too quick to block new drugs'.(National Institute for Health and Clinical Excellence)

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| October 28, 2011 | COPYRIGHT 2003 Haymarket Business Publications Ltd. (Hide copyright information)Copyright

Economists warn NICE may be ill-prepared for value-based pricing plan.

NICE too readily blocks access to new drugs and lacks research expertise needed to support value-based pricing, health economists have argued.

A report by the University of York's Centre for Health Economics (CHE) said NICE underuses the option of backing a drug's use 'only in research'.

NICE currently has at least four options when assessing new technologies: reject, approve, approve only in research and approve with research. But NICE rarely recommends approval only in research or with research, the CHE said.

When value-based pricing is introduced, restricted approvals will …

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