Meet the Experts

Kevin Asher Profile Picture

Kevin Asher

Partner, Medical Affairs

Richard Tolley

Richard Tolley

Principal, Global Value and Access

Nic Gwatkin

Nic Gwatkin

Principal, Global Value and Access

Chris Grimes-Crompton

Chris Grimes-Crompton​

Principal, Global Value and Access

Karl Freemyer

Karl Freemyer

Head of Business Development

    Karl Halteman

    Chief Financial Officer

      Mike Blackney

      Mike Blackney

      Vice President, Market Access and HEOR

      Economic Model Quantifying Rx to OTC Availability

      Established a narrative that increased availability improves health outcomes and reduces costs

      Introduction

      Our client, a medium-sized pharmaceutical company, wanted strategic support to proactively quantify the conversion of their life-saving medication to over-the-counter availability. OTC availability ultimately increases access for patients but also raises implications for payers given broader availability.

      The Problem

      The transition poses challenges by increasing patient access while complicating payer dynamics and requiring a strategic approach to quantify utilization, costs, and value through health economics research.

        Our Solution

        • Developed a crisp, evidence-driven model to quantify potential changes in utilization patterns and costs
        • Integrated HEOR data into user-friendly model supporting key messaging and value proposition around improvements in health outcomes and decreases in healthcare costs
        • Strategic tool that was used to facilitate internal decision making and external communications
        • Shepherded the medical and legal review process to ensure timely alignment and implementation

        Value Delivered

        We developed a user-friendly model that integrates health economics and outcomes research (HEOR) data with a clear design, enabling the measurement of healthcare resource utilization (HCRU) improvements and cost savings. This model effectively supports key messaging for diverse stakeholders, ensuring that the value of the medication is communicated clearly and convincingly.

        Herspiegel Economic Model Quantifying Rx to OTC Availability

        Balance patient access and payer challenges with over-the-counter strategies

        Meet the Authors

        Kevin Asher Profile Picture

        Kevin Asher

        Partner, Medical Affairs

        Richard Tolley

        Richard Tolley

        Principal, Global Value and Access

        Let's Talk

        Herspiegel is a leading professional services firm helping biotech start-ups and the world’s largest pharmaceutical companies navigate the path from science to brand performance and change patients’ lives. We are committed to using strategic insights from medical to commercial to market access to solve critical problems.