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Marketing Jargon

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Q&A with Jeff Cai

Q&A with Jeff Cai

Labeling

OutcomesBased Contracting

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PatientReported Outcomes

Precision Medicine

Risk Evaluation and Mitigation Strategy (REMS)

Health Technology Assessment (HTA)

Comparison Diagnostic

The information provided on a drug's packaging, including indications, contraindications, warnings, and dosing information

A pricing strategy in which a pharmaceutical company agrees to provide a drug at a discounted price if it does not achieve specified clinical outcomes

Measures of a patient's health status and quality of life reported directly by the patient

A medical approach that uses genomic and other personalized data to tailor treatment to a patient's specific characteristics and needs

A plan developed by a pharmaceutical company to manage the risks associated with a particular drug, including measures to ensure its safe use

A process used to evaluate healthcare technologies' clinical and economic value, including drugs

A diagnostic test that identifies patients likely to benefit from a particular drug

Key Performance Indicators

Metrics used to measure the performance and success of marketing campaigns, such as sales revenue, market share, and customer satisfaction

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