Hybrid Research and InnovationPolicy Kick-off EventReimbursement of Repurposed Drugsin Europe
BRUSSELS | JANUARY 15, 2025 | 12:00 PM
A NEW SPECIAL INTEREST GROUP FOR THE REIMBURSEMENT OF REPURPOSED DRUGS IN EUROPE
It is imperative to explore all viable avenues in pursuing innovative, effective therapies for patients with rare diseases and other unmet medical needs. One such promising avenue is the rapid and cost-effective repurposing of already existing and marketed drugs and drug combinations for new indications. These therapies often offer lower costs, speed, and reduced risks than newly patented drugs.
However, even these new therapies require investment and assurance of a fair and reasonable return on investment. This is currently not given due to unwillingness to reward these investments beyond the original reimbursement of medication costs for the previous indications. Thus, these innovations will not happen.
To harness the massive potential of drug repurposing, the REPO4EU platform and consortium -with the support of the EU- propose the establishment of a Special Interest Group (SIG) to advocate for a Guideline from the European Commission setting out best practices for health-technology agencies across different countries to reimburse repurposed drugs at a price that ensures a fair and reasonable return on investment to enable the final stages of development and the necessary investments.
OUR VISION
Repurposed drugs hold immense potential to address unmet medical needs rapidly. Due to their established safety and efficacy profiles, these therapies can be brought to market more swiftly than new drugs. A coordinated European reimbursement guideline will ensure rapid and cost-effective patient benefit from these advancements.
ADVOCATE FOR PATIENTS' INTERESTS
Enabling patients to access innovative and effective therapies faster by unlocking fair and reasonable reimbursement for repurposed drugs
PROMOTE COST-EFFICIENCY IN HEALTHCARE
Encouraging the adoption of cost-effective treatments that reduce the financial burden on healthcare systems
REDUCE DEVELOPMENT RISK VIA EXISTING DRUGS
Leveraging the known safety profiles of drugs already available on the market to minimize the risks associated with new treatments
FACILITATE REGULATORY HARMONIZATION
Working towards a unified approach across EU health technology agencies to streamline reimbursement for repurposed drugs
THE AGENDA
12:00 PM
Lunch reception
1:00 PM
Welcome
Monica Ensini – EC, Health & Digital Executive Agency (BE)
1:05 PM
What is drug repurposing and why is it -together with systems medicine- such a potential breakthrough for patients?
Harald Schmidt – REPO4EU Coordinator, Maastricht University (NL)
1:25 PM
Which innovations have taken place and which have not? The importance of reimbursement differentiated according to indication as a key driver for investment in repurposed medicines
David Cavalla – Numedicus (UK)
1:45 PM
Panel 1 - The patient voice: the need for safety, efficacy, precision and cure
Panelists to be confirmed
2:15 PM
Panel 2 - How regulators facilitate this innovation already
Panelist to be confirmed
2:45 PM
Coffee break
3:15 PM
Panel 3 - Why is reimbursement and fair return on investment essential?
Panelists to be confirmed
3:45 PM
Panel 4 - Redefining reimbursement: ensuring fair pricing for repurposed drugs and combinations
Panelists to be confirmed
4:30 PM
Open discussion, recap and action points
Harald Schmidt – REPO4EU Coordinator, Maastricht University (NL)
5:15 PM
Networking, drinks and healthy snacks
6:00 PM
Wrap-up and farewell
WHEN?
We will be gathering in Brussels on January 15, 2025, from 12 pm to 6 pm (local time). This first policy event will serve as an open platform to discuss the SIG goals and develop a roadmap to advocate for a EU-wide reimbursement strategy for repurposed drugs.
WHERE?
The event will take place at NH Brussels Carrefour de l’Europe, on Rue Marche aux Herbes 110, 1000 Brussels, Belgium. This is a face-to-face event but if it’s impossible for you to join in person, there will be an option to connect online.