Gene Therapies: The Market Access Coursework

Exclusively available on Available only on IvyPanda® Written by Human No AI

Role of Clinical Development in Reimbursement of Gene Therapies

Although, to date, there are hundreds of developing gene therapy medicinal products (GTMPs), only a tiny part of them will be able to receive marketing authorization (MA) and gain reimbursement. Clinical development can be effective and innovative, but it does not guarantee that it will be funded. In addition, it is essential but difficult to “strengthen clinical evidence with additional data from systematic reviews, meta-analyses of studies and registries” (Van Overbeeke et al. 407). Thus, the level of clinical development affects the possibility of reimbursement: the better characteristics it has, there are more chances that GTMPs can be funded.

Regulatory Requirements

The set of regulatory requirements complicates the access of GTMPs to market and, correspondingly, their reimbursement. The FDA, guided by these standards that are sometimes “unclear and differ between jurisdictions,” has approved only several products, making them available and giving them the right to gain reimbursement (Van Overbeeke et al. 404). The role of regulation is quite ambiguous: on the one hand, it strives to ensure that gene products are high-quality, safe, and effective; on the other hand, it creates additional challenges of their receiving MA.

Providing Gene Therapy Reimbursement

The gene therapy should be provided with reimbursement: the invention of a practical and helpful product capable of helping individuals involves the hard work of many people and a large number of clinical trials. Perhaps the FDA should reconsider its requirements: it is challenging to believe that only a dozen developed GTMPs are effective and safe. The reimbursement can be provided by different public-private collaboration platforms and by state bodies financing medical institutions.

The Process of Determining the Quality

Determining the quality of GTMP should be based on reconsidered FDA’s primary requirements and three main criteria: safety, effectiveness, and long-term functioning. In addition, it would be helpful to define the quality and consider the issue of reimbursement in half of the year after GTMP’s start of work to ensure that product meets all criteria. Thus, financing should be provided for all achievements of gene therapy that demonstrate their beneficial features.

Work Cited

Van Overbeeke, Eline, et al. “Market Access of Gene Therapies across Europe, USA, and Canada: Challenges, Trends, and Solutions.” Drug Discovery Today, vol. 26, no. 2, 2021, pp. 399-415.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2023, October 13). Gene Therapies: The Market Access. https://ivypanda.com/essays/gene-therapies-the-market-access/

Work Cited

"Gene Therapies: The Market Access." IvyPanda, 13 Oct. 2023, ivypanda.com/essays/gene-therapies-the-market-access/.

References

IvyPanda. (2023) 'Gene Therapies: The Market Access'. 13 October.

References

IvyPanda. 2023. "Gene Therapies: The Market Access." October 13, 2023. https://ivypanda.com/essays/gene-therapies-the-market-access/.

1. IvyPanda. "Gene Therapies: The Market Access." October 13, 2023. https://ivypanda.com/essays/gene-therapies-the-market-access/.


Bibliography


IvyPanda. "Gene Therapies: The Market Access." October 13, 2023. https://ivypanda.com/essays/gene-therapies-the-market-access/.

If, for any reason, you believe that this content should not be published on our website, you can request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
1 / 1