Jun 22 2011
Sanofi (NYSE: SNY), Medco Health Solutions, Inc. (NYSE: MHS) and its wholly owned subsidiary, United BioSource Corporation (UBC), announced they have entered into a global, multi-year agreement to support the real-world evidence assessments during Sanofi product development and pre-/post-approval processes that support improvements in the overall quality of patient care.
This agreement with Medco and UBC will allow Sanofi to more precisely identify patient populations with the greatest unmet medical need and help determine the patient populations in which drugs are most effective; generate real-world comparative effectiveness data to support product value that meets stakeholder evidence requirements; and facilitate the development and implementation of novel care models to improve practice of care, adherence and patient outcomes.
Additionally, this framework gives Sanofi a consolidated representation of payer, manufacturer and researcher insight throughout the product lifecycle, and will support improved health outcomes and deliver meaningful benefits to patients, providers and payers.
"Some products that seemed to hold promise in early research, might not deliver the intended results when used in real-world practice," said Dr. Robert Epstein, Medco's Clinical Research and Development Officer. "This partnership will use real-world evidence to develop products that demonstrate value in real-world settings, enabling Sanofi to support high-quality, cost-effective care."
Jean-Pierre Lehner, Chief Medical Officer of Sanofi, added: "Medco and UBC offer robust capabilities to help us close the gap between R&D and the real-world clinical setting. This work will bring transformative change to the drug development process required to improve the quality of patient care, while effectively meeting payer and other stakeholder evidence requirements. Through this agreement, we will make the leap from discovering and marketing new medicines to providing comprehensive healthcare solutions that are proven to drive safety, effectiveness and relative value for our stakeholders."
Source:
Medco Health Solutions, Inc.