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Glossary

Health Economic Model

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A logical mathematical framework demonstrating the quantitative relationship between a defined set of variables (e.g. cost, effectiveness, net benefit) based upon an explicit set of parameters and assumptions. The purpose of modeling is to structure evidence on clinical and economic outcomes in a form that can help to inform decisions about clinical practices and health-care resource allocations.

Other glossary definitions

F

Food and Drug Administration (FDA or USFDA)

The FDA is a Federal agency within US Department of Health and Human Services, which…

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I

International Committee for Harmonisation (ICH)

The International Council for Harmonisation of Technical Requirements for Pharmaceuticals for Human Use (ICH) is…

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