PharmacoEconomics

PharmacoEconomics Pharmacoeconomics Historical Perspective-Pharmacoeconomics • 1960s – Clinical Pharmacy • 1970s – Develop “Pharmacoeconomics”  McGhan, Rowland, Bootman, 1978  Use the concept of cost benefit analysis to evaluate the clinical pharmacy intervention. • 1980s – Define “Pharmacoeconimics”  Townsend, 1987  Post Marketing Drug Research & Development  The actual term “Pharmacoeconomics” was introduced in the literature • 1990s – Incorporate “Pharmacoeconomics” at PharmD. Professional Education  Incorporated “PE” in PharmD. Curriculum  Emphasize on: 1. Research methods 2. Application evaluating (pharmaceutical services & drug therapy) Definition – Pharmacoeconomics • Townsend RJ, Drug Intell Clin Pharm., 1987 • The description & the analysis of the cost of drug therapy to health care system & society. • The tool used to identify, measure, & compare the lost, risks, and benefits of pharmaceutical benefits, value, life, health, costs, project, net, year, quality, program, present, cua, benefit, utility, rate, cost, years, outcome, discount, values, qaly, treatment, time, sales, resources, example, npv, method, step, application, outcomes, one, measurement