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Home/ All Articles/ Economic Evaluation: Advantages of Implementing Drug Track and Trace beyond Health Benefit…

Abstract & Article Details

Opinion • Vol.3, Issue 12 • ISSN: 2766-2276 • Open Access • CC BY 4.0

Open Access Opinion Vol.3, Issue 12 December 24, 2022

Economic Evaluation: Advantages of Implementing Drug Track and Trace beyond Health Benefits

DOI: 10.37871/jbres1628
Authors
Fernanda Maciel Rebelo*, Vidal Augusto Zapparoli Castro Melo, Alinne Lopomo Beteto and Eduardo Mario Dias
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Abstract

Traceability is a valuable strategy to prevent the administration of counterfeit and substandard medicines, but despite being an efficient risk management strategy, it has high implementation and operational costs. An economic evaluation, taken with the identification of risks to be mitigated, potential benefits, related costs, and ways to fund the project implementation and operationalization, can determine the feasibility of a traceability model. This evaluation admits different perspectives depending on the stakeholder. Several countries are working on different traceability and financing models according to identified risks, expected gains, and economic impacts. This opinion paper describes the problem, track and trace models mostly adopted, most used economic evaluation methods in healthcare, and defines the hypothesis that investment return can enable the decision-making for a drug track system implementation. 

How to Cite

Fernanda Maciel Rebelo*, Vidal Augusto Zapparoli Castro Melo, Alinne Lopomo Beteto and Eduardo Mario Dias (2022). Economic Evaluation: Advantages of Implementing Drug Track and Trace beyond Health Benefits. Journal of Biomedical Research & Environmental Sciences, 3(12). https://doi.org/10.37871/jbres1628

Article Information

JournalJournal of Biomedical Research & Environmental Sciences (JBRES)
ISSN2766-2276
DOI DOI 10.37871/jbres1628
Volume / IssueVol. 3, Issue 12
PublishedDecember 24, 2022
Article TypeOpinion
Pages1522-1526
LicenseCC BY 4.0 — Open Access
PublisherSciRes Literature LLC, Sheridan, WY, USA
LanguageEnglish
Creative Commons BY 4.0

Published under CC BY 4.0 — free to share, copy, adapt, and redistribute with attribution.

Certificate of Publication

Certificate of Publication — Economic Evaluation: Advantages of Implementing Drug Track and Trace beyond Health Benefits

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