Levelling Up series Part 2: Precision testing’s suboptimal HTA - Time to level up.

Susanne Munksted
Chief Growth Officer
Strategic Growth
Woman-hcp-in-lab

In reviewing published evidence describing the economics of precision testing, this excellent review paper from 12 months ago piqued our attention and supported our perspective that we have an incomplete economic picture of precision testing. We think it nicely supports our call to level up the economic assessment of better testing.

Read the review: How Are Companion Diagnostics Considered in Economic Evaluations of Oncology Treatments?

 

A narrative from the paper stood out - as paraphrased in these quick-read quotes:

“From the 27 identified NICE appraisals, we found that only 15 incorporated CDx testing in their economic evaluations… Characteristics of importance regarding the CDx tests were poorly reported or disregarded altogether from the evaluated assessments… .A recent systematic literature review of 22 economic evaluations of CDx for targeted therapies also found that there is no consistent approach in modeling CDx characteristics, specifically in terms of transparency and the level of detail regarding the calculation of costs for the CDx”.

We are left to conclude a number of things:

  • The dependence of precision treatments on precision testing is a critical dynamic of our future with healthcare. This is unequivocally a partnership attracting billions of dollars of investment. However, the unequal and inconsistent assessment of the cost-benefits of the testing half of this partnership deny us all a true picture.

  • Further that even when the economic lens is run over precision testing (as described so well in this paper), it focuses on direct costs and not on the real outcome benefits. For example, the costs to the system of NOT testing are not (or are rarely) considered.

  • We do not run high speed trains on tracks built for steam engines… yet we expect to unlock the outcome benefits of better patient diagnostic pathways without radically better economic assessment. Without alteration the market-based reward for valuable precision testing – so critical to removing the barriers to precision treatment – will remain stuck in a legacy system designed for a different era.

 

Time to level up.

About Diaceutics 

We’ve been with pharma and biotech companies for over 20 years, helping them to make more informed diagnostic and therapeutic decisions based on real-world data. Our platforms and tools provide global insight from a network of laboratories across 50+ countries.

This unparalleled visibility into real-world testing helps support therapy programs across oncology, cardiology, neurology, autoimmune, rare diseases, and many more.

Written By Susanne Munksted
As Chief Growth Officer, Susanne shapes the strategic direction of Diaceutics' next phase of expansion. Identifying new opportunities beyond our core business to build organic growth and overseeing the acquisitions, partnerships, and investment decisions that translate into long-term shareholder value. She also leads the company's external thought leadership agenda, using Diaceutics' Practice Gaps research to educate the market and influence how the industry approaches patient access. Susanne brings broad commercial experience in precision medicine and molecular pathology, having led multiple global launches of Diagnostic products, and has been recognised on the PharmaVoice 100 list of transformational leaders in life sciences.
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