About the project
Fair remuneration of the patient community for interactions with the pharmaceutical industry is still a tension point in the patient engagement ecosystem, there is a need for a globally recognized set of Principles and methodology to ensure key values govern the remuneration process: transparency, fairness, equity, ethics.
PFMD is driving a comprehensive co-creation effort involving key stakeholders and decision-makers to harmonize previous collaborative work and establish a trusted process to remunerate the patient community for interacting with industry through patient engagement activities.
The project will deliver Global Principles and a Global Methodology, and, eventually, will apply these in a practical fair market value calculator tool.
Remuneration of the patient community for interactions with the pharmaceutical industry is still a tension point.
There is a need for transparency in establishing fair market rates and remunerating the patient community
Building on existing experience, guidances and principles to develop a global framework for adequate and consistent remuneration for interactions between the patient community and the pharmaceutical industry, ensuring fair and consistent payment for services.
- Establish a set of Global Principles for remuneration of the patient community for patient engagement with pharmaceutical companies
- Develop a global methodology for determining fair market value
- Co-create a process for establishing market rates by country
- Support change management and integration
The ultimate goal is the inclusion of patients in developing a transparent framework that builds upon the collaborative work of IFPMA, EFPIA, National Health Council, WECAN/MPE/PFMD, IMI Paradigm, and others. Through co-creation and stakeholder engagement the project aims to drive adoption, and the systemic change required whilst ensuring compliance with relevant Codes of Conduct and local regulations.
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The “Patient Engagement Management Suite” is brought to you by the PFMD partnership.