Health Economics & Outcomes Research
The current situation
Health economics and outcomes research (HEOR) is a critical part of an effective strategy for drug or device development.
In an increasingly competitive marketplace, governments, national insurers, and third-party payers are all focused on cost control. In this environment, new products are not readily adopted without a clear and compelling case for health benefits and financial value.
The Archimedes advantage
The Archimedes Model provides a simulated environment to answer complex questions related to cost-effectiveness and comparative effectiveness – far more rapidly and inexpensively than would otherwise be possible.
Archimedes gives users the power to quantify the value of a drug or device in different populations, and to rapidly translate that value proposition into a full-scale study or model.
The Model seamlessly incorporates health outcomes, cost of care, utilization, and quality of life data, letting users adjust factors such as utility weights and discount rates.
No other simulation product on the market has such a comprehensive analytic and visualization toolkit. With Archimedes, you get hands-on access to big, real-world data.
Furthermore, through Archimedes’ partnership with Quintiles, our customers have access to substantial professional expertise and global capabilities.
How you can use the Archimedes Model
ARCHeS. ARCHeS is a comprehensive web-based tool that gives direct access to the power of the Archimedes Model.
With ARCHeS, users can easily set up and run multi-scenario analyses that examine and compare treatments and outcomes related to multiple conditions (chronic obstructive pulmonary disorder, congestive heart failure, coronary artery disease, diabetes and its complications, dyslipidemia hypertension, obesity, smoking, and stroke).
ARCHeS can be used to project the effects of new or hypothetical therapies by drawing on early-phase clinical trial results or specifying treatment effects on biomarkers and/or health outcomes.
Researchers assigned to new projects will be able to initiate preliminary health economics research sooner and with greater efficiency than would normally be possible.
Modeling & Consulting Services. Archimedes provides comprehensive support to help you run custom simulations and build the exact disease model you need.
Our scientists and physicians will work with you to develop simulations that quantify the value of your drug, and provide the information you need to get to market.