Are priority review voucher programs stimulating drug development? The data suggest not really, finds GAO report
What is the impact of the three priority review voucher programs (PRV) on drug development? Not much, according to data analyzed by Congressional watchdog GAO.
PRV programs offer companies a perk in the form of a voucher when a new treatment — in the field of rare pediatric disease, tropical disease or medical countermeasure — is approved. These vouchers can be used to hasten the review of another drug or be sold. Altogether, the three programs: tropical disease PRV (authorized in 2007), the rare pediatric disease PRV (sanctioned in 2012) and the medical countermeasure PRV (backed in 2016) have led to the deployment of a total of 31 PRVs — of which 17 have been sold for varying sums, ranging from $67.5 million to $350 million.
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