Industry speaks out against ICER's suggested updates to assessment framework
Drugmakers and industry groups have criticized the Institute for Clinical and Economic Review after the cost-effectiveness watchdog said it may consider lowering the threshold for how it considers how cost-effective a drug is in the future.
ICER last month announced proposed changes to the way the organization determines the value of a drug as part of a broader examination of its value assessment framework. It said it may lower its threshold range on cost effectiveness to $50,000 to $100,000 a year, down from $100,000 to $150,000 a year, citing a study published in the Annals of Internal Medicine in 2021.
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