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Clinical and Fiscal “Cost of Delay” – a statistician’s view

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Presentation on theme: "Clinical and Fiscal “Cost of Delay” – a statistician’s view"— Presentation transcript:

1 Clinical and Fiscal “Cost of Delay” – a statistician’s view
In spite of the cost of living, it's still popular. -Kathleen Norris

2 Roseann M. White Salary: Abbott Vascular

3 Agenda Needs for evidence development from regulatory authorities
Needs for evidence development from both the public and private payors Needs for evidence development from the sponsor

4 Delays related to evidence development from regulatory authorities (1 of 3)
Evolving knowledge in the field Previous methods of evidence development (non-clinical, pre-clinical or clinical) are no longer sufficient No established process how to modify, update existing information Costs Need to redo Communicating to the patient and medical community Continued use of potentially a less efficacious and/or cost-effective Develop a processes using existing statistical mechanisms that would allow for updating information Augmentation Bayesian Meta-analyses

5 Delays related to evidence development from regulatory authorities (2 of 3)
Evolving knowledge during the clinical trial population that would most benefit from this device No established process how to modify, update existing information Costs Need to redo Communicating to the patient and medical community Continued use of potentially a less efficacious and/or cost-effective Develop a processes using existing statistical mechanisms that would allow for optimizing the population during the course of the trial Adaptive designs Use of other data such as data repositories

6 Delays related to evidence development from regulatory authorities (3 of 3)
The benefits do not outweigh the risks Decisions on approval are based the totality of the data Need to develop a transparent and pre-specified mechanism for assessing benefit and riskBenefit Costs Need to redo Communicating to the patient and medical community Continued use of potentially a less efficacious and/or cost-effective Benefit – Risk Project EMA “Work package 2 report: Applicability of current tools and processes for regulatory benefit-risk assessment”

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8 Delays related to evidence development from Public and Private Payors
Comparative Effectiveness Evidence developed during the approval process is not sufficient for coverage Evidence developed by two different sponsors with similar devices are inconsistent Costs Need to develop more evidence Communicating to the patient and medical community Continued use of potentially a less efficacious and/or cost-effective Involving tech assessors in the process of developing the evidence for regulatory approval

9 Needs for evidence development from the sponsor
To paraphrase former President Clinton, "Intelligence, ability, and aspiration are evenly distributed across [medical device companies] – organization, investment, and opportunity are not.“ Evidence developed without protocols, statistical plans, appropriate monitoring, CEC, DSMB, etc. Costs Need to develop more evidence Lower company evaluation and loss of funding Continued use of potentially a less efficacious and/or cost-effective Establish a minimum set of quality standards for developing evidence

10 Summary The costs of delay can include Delays can come from
Delay patient access to a cost effective devices Redevelopment evidence that may or may not be possible for the sponsor Communication as to reasons for the delay Delays can come from Regulatory Authorities Payors Sponsor Develop methodologies to address potential Adaptive/flexible designs Data augmentations Risk/Benefits analyses


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