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pubmed-article:20861678pubmed:abstractTextNew vaccine pricing is a complicated process that could have substantial long-standing scientific, medical, and public health ramifications. Pricing can have a considerable impact on new vaccine adoption and, thereby, either culminate or thwart years of research and development and public health efforts. Typically, pricing strategy consists of the following ten components: 1. Conduct a target population analysis; 2. Map potential competitors and alternatives; 3. Construct a vaccine target product profile (TPP) and compare it to projected or actual TPPs of competing vaccines; 4. Quantify the incremental value of the new vaccine's characteristics; 5. Determine vaccine positioning in the marketplace; 6. Estimate the vaccine price-demand curve; 7. Calculate vaccine costs (including those of manufacturing, distribution, and research and development); 8. Account for various legal, regulatory, third party payer, and competitor factors; 9. Consider the overall product portfolio; 10. Set pricing objectives; 11. Select pricing and pricing structure. While the biomedical literature contains some studies that have addressed these components, there is still considerable room for more extensive evaluation of this important area.lld:pubmed
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pubmed-article:20861678pubmed:authorpubmed-author:LeeBruce YBYlld:pubmed
pubmed-article:20861678pubmed:authorpubmed-author:McGloneSarah...lld:pubmed
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pubmed-article:20861678pubmed:articleTitlePricing of new vaccines.lld:pubmed
pubmed-article:20861678pubmed:affiliationUniversity of Pittsburgh School of Medicine and Graduate School of Public Health, University of Pittsburgh, Pittsburgh, PA, USA. BYL1@pitt.edulld:pubmed
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