275 Grove St., Suite 101C, Newton, MA 02466
+1 617 454 9300
2520 Meridian Parkway, Research Triangle Park, Suite 200, Durham, NC 27713
+1 919 544 3170
© 2000-2022. Parexel International Corporation.
275 Grove St., Suite 101C, Newton, MA 02466
+1 617 454 9300
2520 Meridian Parkway, Research Triangle Park, Suite 200, Durham, NC 27713
+1 919 544 3170
© 2000-2022. Parexel International Corporation.
We can take a careful look at your situation and develop a strategic roadmap just for you. Our modeling services give you the information you need to make considered decisions and prove value for your patients, your clinical development, and your bottom line.
Early stage/target profile model
Defines the main drivers of cost-effectiveness or budget impact. This model is developed in Phase II or early Phase III and is heavily based on product profile and pricing assumptions to support market access scenario planning.
Budget impact/financial model
Illustrates the financial impact of implementing an intervention within a particular market or system and can be population-based or payer/hospital-based. Typically, this is a short-term model (3-5 years).
Payer/hospital-based model
Demonstrates the net benefit of one product to another for a particular hospital or payer.
Burden of disease model
Estimates annual incidence and prevalence from the characteristics of a payer’s covered population, treatment, and costs over a specified period of time (typically short term, 3-5 years). This model may compare the clinical data between treatments.
Cost-effectiveness model
Evaluates both the costs and consequences of a range of interventions. In Europe, cost-effectiveness is a pre-requisite for reimbursement.
Database analytics
The process of converting real-world data into meaningful information to support decision making. This includes cleaning, coding, and transforming data for various statistical analyses.
Launch-based training tools
For products with a compelling value or effectiveness message, our Market Access Consulting service develops tools and trainings for account managers to explain economic messages with confidence.
Economic studies and post-launch publications
We develop materials to help with post launch positioning, to encourage uptake, and/or to promote thought leadership and stakeholder engagement.
PAREXEL helps to realize product value and commercial opportunity early and throughout the product development lifecycle. Find out more.
We are always available for a conversation.