Overview
Introduction
The National Institute of Clinical Excellence (NICE) is a regulatory body set up by the UK government in 1999. NICE is responsible for providing guidance on the usage of new technologies and how specific diseases should be treatment managed. Its clinical guidance can dramatically alter the dynamics of a particular market, with a positive approval from NICE likely to result in a significant increase in the revenues that particular compound will get from the UK and the European market.
Scope
Detailed analysis of the establishment of NICE, its aims, authority and methodologies
In-depth profiles of the guidance published for COX-II inhibitors, Alzheimer’s disease, multiple sclerosis, smoking cessation and schizophrenia
Datamonitor strategic recommendations regarding how competing pharmaceutical manufacturers should react to these decisions
An analysis of what impact NICE has had on different aspects of the healthcare system, such as budgetary considerations and physician independence
A focus upon the impact of NICE in markets outside the UK and what areas in CNS the Institute will be providing guidance upon in the near future
Report Highlights
NICE guidance has also resulted in changes to the wider healthcare system which pharmaceutical companies can take advantage of to increase revenues.
The impact of NICE is being increasingly felt across Europe, meaning that its decisions now have an effect on the commercial performance of drugs in markets outside the UK market.
Reasons to Purchase
Understand the key dynamics behind NICE and what is its remit
Enhance your knowledge about the influence of NICE on various aspects of the UK and European healthcare market
Discover what different impacts NICE has had in specific CNS markets
Evaluate the clear need to develop multiple strategies to deal with pending NICE decisions
DRIVERS AND TRENDS
This Market Brief will help answer strategic planning questions such as:
What CNS markets have NICE already provided guidance on?
How has this impacted competing pharmaceutical manufacturers?
What has been the impact of NICE in other areas of the healthcare system?
What is the impact of NICE in other key pharmaceutical markets?
What is the future for NICE?
Which other CNS markets are going to be reviewed in the near future?
INTRODUCTION
An overview of the what NICE is, why it was established, its aims, methodologies and which CNS markets it has already produced guidance on
KEY RECENT NICE CNS INITATIVES
In-depth analysis of published NICE guidelines, what they actually mean and Datamonitor recommended strategies about how pharmaceutical manufacturers should react in the follow disorders:
Cox-II inhibitors in arthritic disorders
Alzheimer’s disease
Multiple sclerosis
Smoking cessation
Schizophrenia
NICE: ITS IMPACT AND FUTURE DEVELOPMENT
A comprehensive analysis of the impact of NICE on other areas of the healthcare system such as physician independence and National Health System budgets
An outline of the impact of NICE in markets outside the UK
A focus on the future development of NICE and the areas within CNS it is currently preparing guidance for
ACTION POINTS
Key action points for pharmaceutical companies:
Action point 1 – The rulings of NICE on various CNS markets have produced both positive and negative commercial opportunities for pharmaceutical manufacturers.
Action point 2 – NICE guidance has also resulted in changes to the wider healthcare system which pharmaceutical companies can take advantage of to increase revenues.
Action point 3 – The re-election of the Labour government in the UK means that the authority of NICE is likely to be strengthened over the next five years.
Action point 4 – The impact of NICE is being increasingly felt across the EU, meaning that its decisions now have an affect upon the commercial performance of drugs in markets outside the UK market.
DATASETS
Table 1: NICE guidelines on COX-II inhibitors: key facts
Table 2: NICE guidelines on Alzheimer’s disease: key facts
Table 3: NICE guidelines on multiple sclerosis: key facts
Table 4: NICE guidelines on smoking cessation: key facts
Table 5: NICE guidelines on the use of atypical neuroleptics for treating schizophrenia: key facts
Figure 1: Examples of Datamonitor recommendations following NICE guidance in a number of CNS Markets