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Value of Medicines
Pfizer has long maintained that medicines provide tremendous value to individuals and society as a whole. We have now captured that value in a series of concise, easy-to-access papers that detail the societal and economic value provided by medicines that treat various disease areas. The data we provide come from published, peer-reviewed studies and are complemented by real stories from patients who have benefited from medicines. We hope these will serve as a resource to those looking to quantify the value of medicines.
Pfizer's "Value of Medicines" papers outline the social health and economic value of a variety of classes of treatments. The supporting 90-second video below illustrates the positive impact that medicines have had on a patient, Matt Woods. Matt faced a life-threatening health condition. His story provides insights into the important role that medicines have played in his journey towards improved health.
Select Infographics from these papers:
From Value of Oncology Medicines: 5-Year Relative Survival Rates for Cancers in US2
From Value of Drug Adherence: Return on Investment from Improved Medication Adherence: Diabetes3
History of Development: Targeted Treatment Options for Advanced RCC
Thirty-three percent of all smoking-related deaths are from cardiovascular diseases
Total Cost of Diagnosed Diabetes in the US 2007–2012
Smokers in the USA
World Cigarette Consumption
From Value of Statins: Societal Health Impact1
1 See Value of Statins for multiple references
2 National Cancer Institute, Survival Epidemiology and End Results (SEER), posted to website, viewed at http://seer.cancer.gov/csr/1975_2005/accessible_contents.html in September, 2013.
3 Adopted from: M. Sokol et al., “Impact of Medication Adherence on Hospitalization Risk and Healthcare Cost,” Journal of Medical Care, 2005. Notes: Adherence is the extent to which patients take medicines as prescribed, in terms of dose and duration. Return on Investment estimates reflect spending attributable to the condition listed.