We are catalysts for promoting clinical research studies to reduce the cost of cancer drugs while preserving efficacy outcomes. We identify trials to be performed (with the likes of Kaiser, National Health Services and the VA), assist in the development of protocols (to write and lead), help find appropriate test groups in the U.S. and around the globe. We help lead and facilitate end-to-end clinical trials, publish findings and disseminate research outcomes to the worlds of oncology and medicine.
We actively advocate that stakeholders in medicine to reconsider alternate prescribing and dosing regimens so that patients, and the entirety of decision-makers including governments, closed healthcare systems, and self-insured corporations can deliver affordable healthcare while maintaining treatment efficacy.
Success is defined ultimately by the reduction of the cost for cancer drug therapies for patients and their families in the United States and globally. The economic benefits of lower drug costs can dramatically impact the health of the universal healthcare system when physicians and medical centers can confidently consider and endorse more “value-based” prescribing therapies.
Our studies aim to improve access, affordability and sustainability (value) of cancer therapies.
We have made striking progress in the treatment of cancer. In 2016 alone, there were 21 FDA-drug approvals related to cancer, with 5 being new molecular entities. The American Association for Cancer Research estimates that there are more than 836 vaccines and medications for targeting cancer currently being tested in clinical trials, or awaiting FDA approval. At the same time, the average price of newly approved cancer drugs to consumers has increased to more than $120,000 annually. Much of these costs have been transferred to patients, who are then forced to make the tough choice between their treatments or other necessities.
We are at an important inflection point: how do we balance the costs of innovation with access to novel drugs, affordability and sustainability?
The Value in Cancer Care Consortium (vi3c) is non-profit entity incorporated as a 501c(3) tax-exempt public charity with the mission of improving the value of existing treatments to cancer patients and society through rigorous science.
Our studies aim to improve access, affordability and sustainability (value) of a cancer therapy by:
● Optimizing the delivery of existing drugs (decreasing frequency, reducing the dosage, enhancing drug absorption)
● Generating evidence supporting the substitution of high-priced drugs for existing mechanistically similar and less costly drugs
● Comparing approved regimens, where the intervention regimen is safer or less costly with similar efficacy
836 vaccines and drugs in clinical trials
$150 billion global market for oncology by 2020
Lack of Value-Based Research
Evidence for less mechanistically similar and less costly drugs
Compare regimens including a safer or less costly option with similar efficacy