A Multiattribute Model for Evaluating the Benefit-Risk Profiles of Treatment Alternatives

James C. Felli, Rebecca A. Noel and Patrizia A. Cavazzoni
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James C. Felli: Eli Lilly & Company, Indianapolis, IN, felli_james_c@lilly.com
Rebecca A. Noel: Eli Lilly & Company, Indianapolis, IN
Patrizia A. Cavazzoni: Eli Lilly & Company, Indianapolis, IN

Medical Decision Making, 2009, vol. 29, issue 1, 104-115

Abstract: The assessment of the benefits and risks associated with a medicine's use requires careful consideration of a wealth of information of varying format and quality, ranging from efficacy and safety data derived from randomized clinical trials to statistical results from health outcomes studies to spontaneously reported adverse events. Contrary to the expectations of patients, physicians, and regulators, the literature offers little guidance as to how to strike an appropriate balance between benefit and risk. Although a qualitative listing of a medicine's benefits and risks is useful, much could be gained from a systematic and transparent process to evaluate a medicine's pre- and postmarketing performance. The authors propose a representational model based on multicriteria decision analysis that can incorporate both evaluative judgments from different perspectives (e.g., physician, patient) and quantitative data to inform tradeoffs between multiple benefit and multiple risk elements in a logically consistent and transparent manner. The model is designed to highlight the relative merits and deficits of treatment alternatives in well-defined and specific contexts. It is intended to serve as a common platform to facilitate focused benefit-risk tradeoff discussions between scientists, physicians, regulatory authorities, and pharmaceutical companies, and to assist in the communication of clear and consistent messages regarding those tradeoffs.

Keywords: Key words: benefit-risk analysis; benefit-risk communication; multiattribute decision analysis; pharmaceutical applications; decision analysis. (Med Decis Making 2009; 29:104—115) (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:medema:v:29:y:2009:i:1:p:104-115

DOI: 10.1177/0272989X08323299

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