Question

For decision making in Pharmacy Practice which of the methods of economic evaluation analysis would you recommend to policy makers. give reason(s) for your answer.

Answer 1

Here Cost-Benefit analysis should be implemented . In pharmacy practise , huge expenses are incurred during research and development of new medicines . So cost benefit analysis becomes important . Not only monetary or financial gains but also gains to society and effectiveness of goods produced matters . Otherwise such a medicine will have no demand and will not be usefull . So , since the cost of production is so high , proper cost benefit analysis required during decision making .

answered by: anonymous