
Closing the Gaps in Pre-Approval Information Exchange to Accelerate Product Success and Patient Access
Gaps remain in the pre-approval information process leave payers without all of the information they need to make the proper decisions.
As more innovative pharmaceutical products enter the pipeline, payers (defined by FDA as healthcare decision-makers in the 2018 guidance) seek more detailed information about products earlier in the approval process to inform their budget planning and formulary decisions. Given the heightened demand for pre-approval information exchange (PIE), it is increasingly important for biopharma companies to proactively develop and share information, such as anticipated indication, clinical trial results, target patient demographics and epidemiology, and product pricing insights, up to 12 months prior to the projected approval date. While pre-approval communication has increased over the last five years, there remains a gap in the information payers receive versus what they need to make informed decisions for their beneficiaries, according to a survey AmerisourceBergen’s Consulting team conducted among payers participating in its proprietary
Current Landscape
Payers use PIE to facilitate actuarial planning for future product approvals and associated early product reviews, coverage, and reimbursement decisions. In turn, biopharma companies can raise awareness and share credible information about new products and new indications prior to Food and Drug Administration (FDA) approval—without an unsolicited request from payers.
Four years ago, the FDA
Lingering questions and uncertainties have contributed, in part, to the pre-approval information gaps that exist today. Most national payers (65%) surveyed by AmerisourceBergen’s Consulting team reported a gap in PIE—frequently citing product pricing, healthcare economic information, study results, and patient use projections, as types of information that are not adequately communicated by biopharma companies. If these gaps in PIE are closed, 91% of surveyed national payers agreed their formulary decision making ability would improve. Biopharma companies would also benefit from the market shaping and disease state education opportunities that PIE presents.
Designing Effective Strategies
When designing a strategy to facilitate pre-approval discussions with payers, it is critical for biopharma companies to understand what information payers find valuable and when they want to receive it to support their formulary decision making process.
In AmerisourceBergen’s research, most payers pointed to four types of information as extremely important to receive proactively prior to approval: credible study results, product pricing, indication, and product information. AmerisourceBergen also found that most payers (67%) preferred to receive pre-approval information four to 12 months pre-approval. However, biopharma companies may find it useful to disseminate pre-approval information even earlier depending on the product and therapeutic space. For example, more than a third of payers would like pre-approval information earlier for cell and gene therapies, followed by innovative therapies, rare disease, and oncology, compared to other categories. Earlier pre-approval communication will also help payers evaluate drugs receiving accelerated reviews and oncology agents gaining approval with Phase II data.
Closing the Information Gaps
Heightened collaboration among all stakeholders, including payers and biopharma companies, is critical to close the pre-approval information gaps and maximize the opportunities that PIE presents.
The FDA guidance provided biopharma companies a long-awaited path to engage payers in the pre-approval setting and more effectively plan for the availability of innovative new products. However, there is an opportunity to provide more concrete guidelines and create a pathway for payers and biopharma companies to engage in more robust pre-approval exchanges. A pending bill, the PIE Act of 2022 (included as Section 810 in the Food & Drug Amendments of 2022,
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