Pharmaceutical manufacturing and Pharmacoeconomics
Pharmaceutical Manufacturing is the process used by businesses that produce pharmaceutical drugs. It faces on going pressure to accelerate innovation and quicken the pace at which they bring profitable products to market. The era of large pharmaceutical firms having a large number of manufacturing facilities is slowly coming to an end, and all businesses, regardless of size, are searching for methods to cut costs in order to compete in an environment that is becoming more challenging and unstable.
At various stages of medication development and commercialization, pharmacoeconomics is examined as part of decision-making processes. Increased decision-making issues and advancements in pharmacoeconomic research methods suggest that pharmacoeconomics will play a larger role in the new millennium. The pharmaceutical industry's businesses will suffer as a result of this.
- Cost-of-illness analysis
- Cost-benefit analysis
- Budget-impact analysis
- Cost-utility analysis
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