The Value of Medicine
Office of Pharmaceutical Industry Research
No.20 : July 2004
The R&D-based pharmaceutical industry has the mission to continue to provide effective and innovative medicines to patients suffering from various diseases all over the world. In order to fulfill this mission, the pharmaceutical industry must continue to take on the challenges of R&D, and the evaluation of the medicines it creates. In order to fulfill this mission, the pharmaceutical industry must continue to take on the challenges of R&D, and the evaluation of the medicines it creates should reflect their effectiveness as well as innovativeness.
In order to fulfill this mission, the pharmaceutical industry must continue to take on the challenges of R&D, and the evaluation of the medicines it creates should reflect their effectiveness as well as innovativeness. Also, the process of value creation was described and how that value can be measured was examined. A medicine is comprised of diverse values, all of which should be appropriately measured.