Economics of Innovation

Optimal innovation balances willingness and ability to pay with the benefits of future R&D. Our wide-ranging programme aims to promote innovation in health care, increase our understanding of its value, and encourage R&D. New models of innovation should streamline development, reduce costs, and speed patient benefit.

Publication

Taking STRIDES: The value of diagnostics against AMR

10 June 2025

Addressing a critical gap in AMR policy and evaluation Antimicrobial resistance (AMR) is a global health crisis, projected to cause up to 10 million deaths annually…

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News

OHE responds to the Trump administration’s Executive Order on Drug Prices

14 May 2025

Professor Graham Cookson responds to President Donald Trump’s Executive Order on drug prices published earlier this week.

Insights

Advancing Rare Disease Care: Challenges and Key Issues

28 February 2025

Today marks Rare Disease Day 2025. This time last year we published an Article entitled “ Why do we care about rare?”, summarising the origins of…

Publication

The Importance of Diversity of Supply in Rare Diseases Markets

23 January 2025

Rare disease medicine markets often rely on single suppliers, increasing the risk of shortages and limiting treatment options. Our report explores how supplier diversity can enhance healthcare resilience and drive innovation, with actionable recommendations for policymakers.

Three rows of identical orange prescription bottles with white lids and labels, arranged neatly in a line, increasing in height from left to right against a white background.
Publication

The Cost of Drug Shortages

16 September 2024

Across the globe, drug shortages are becoming increasingly common.

A close-up image of a collection of orange prescription bottles neatly aligned in rows, with white caps and blank labels, against a white background. The repetitive pattern and bright color highlight the pharmaceutical industry’s mass production of medication.
Insights

Drug shortages are on the rise – but what is their impact?

16 September 2024

In this article, we discuss the global issue of drug shortages. We summarise our research where we developed a framework for quantifying the cost of a shortage, and through three case studies provide illustrative estimates of these costs.

In a white background orange empty medicine holders forming an octothorpe. I holder is full and some red pills are flooding out of it.
Event

Drug Shortages: What are the causes, consequences and pathways to a solution?

5 September 2024

Across the globe, drug shortages are becoming increasingly common across a range of therapeutic areas. Earlier this year, OHE published a report looking at the Dynamics…

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Insights

R&D for new drugs to tackle AMR is a high-return investment for all EU member states

19 July 2024

Two recently-published papers predict high returns from a policy which incentivises the development of new antibiotics.

Insights

Using Target Product Profiles (TPPs) to improve diagnostic testing for cancer

10 June 2024

Tackling cancer is a major global priority. Early detection and diagnosis can help patients get timely access to treatment and dramatically improve cancer outcomes. This relies, in part, on the effective diagnostic tests.