Pricing & Market Access

Terms for how medicine prices are set and negotiated and how patients gain access to new treatments.

  • Topic: Pricing & Market Access
  • 40 terms
  • Editor reviewed

3 terms

Orphan Drug PricingOrphan Pricing, Rare-Disease Drug Pricing

The pricing strategies applied to rare disease treatments, frequently priced far higher per patient than common-condition treatments given the smaller patient population.

Outcome-Based PricingPerformance-Based Pricing, Pay-for-Performance Pricing

A pricing arrangement in which some or all payment for a treatment depends on it achieving predefined clinical outcomes in actual practice.

Outcomes-Based ContractValue-Based Contract, Results-Based Agreement

A formal agreement in which some or all of a treatment's payment is contingent on it achieving predefined clinical outcomes in practice.