Study by Precision’s Sharma Named as One of Five Most Influential Articles of 2016

Precision would like to congratulate Abhishek Sharma, Associate Health Economist, Evidence Strategy & Generation, for his outstanding work as coauthor of an article appearing in the Journal of Pharmaceutical Policy and Practice, named one of their five most influential articles of 2016.

The first-of-its-kind study, Evaluating Availability and Price of Essential Medicines in Boston Area (Massachusetts, USA) Using WHO/HAI Methodology,” found prices in pharmacies in the Boston area for generic prescription medicines were 38 times higher than the international reference prices used as benchmarks by the World Health Organization (WHO), and 158 times higher for brand-name prescriptions for the same medicines.

The study also found consumers in Boston pay 11 to 21 times the international reference prices for over-the-counter medicines, even in pharmacy discount programs. The WHO target of four times international reference prices makes allowances for additional costs in the pharmaceutical supply chain.

Precision Medicine Group is an integrated team of experts in fields from advanced lab sciences to translational informatics and regulatory affairs, payer insights to marketing communications. Together, we help our pharmaceutical and life-sciences clients conquer product development and commercialization challenges in a rapidly evolving environment.