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Contact: Jonothan C. Tierce, C.Phil. (703.536.2467)
Release Date: 04/01/2003

ValueMedics Research, LLC is launched

Arlington, VA — Jonothan C. Tierce, C.Phil., and Elisabeth H. Hazard, Ph.D., announce the formation of ValueMedics Research, LLC., in Arlington, Virginia. The 14-person company provides research and consulting services to the pharmaceutical, biotech, medical device and medical diagnostics industries. The ValueMedics staff is comprised of the full Health Economics, Outcomes Research, Pricing and Market Access Group from Epinomics Research, Inc., founded by Tierce and Hazard in 1997.

“We are very excited about this new beginning,” said Dr. Hazard, “and remain strongly committed to the vision behind Epinomics, a vision that we believe is what made it so successful in the six years of its existence: hiring the best possible talent, enabling them to do their best work, being respectful of everyone you work with and for, and remembering to have fun along the way.” She went on to add that “this is a doubly exciting time for us because it also marks the 20th anniversary of Jonothan Tierce’s leadership role as one of the founders of the discipline of pharmacoeconomics.”

Mr. Tierce added: “The value of this company lies in our excellent staff. Dr. Joshua Benner, Dr. C. David Klingman, Dr. Richard Chapman and the remainder of our fine staff, most with advanced degrees in economics/health economics, pharmacy, health policy, or other relevant disciplines, all have a long history of successful research and consulting in their respective areas. Our clients will receive the same high quality services from ValueMedics that they received from us when we were members of the Health Economics Group at Epinomics.”

ValueMedics offers our U.S. and non-U.S. health care clients research and consulting expertise in the areas of value determination, value demonstration and value communications to maximize market access, supported by a strong Informatics and Medical Communications capability. Specific services include:

Health economics and pharmacoeconomics strategic planning, research, and communications
Product or licensing opportunity assessments, return on investment (ROI) and value of information (VOI) analyses
Epidemiological research, medical need assessments, and clinico-economic meta-analyses
Economic analyses of medical technologies and medical technology assessments
Economic modeling of the impact of new medical technologies against competitive medical approaches and therapies
Prospective and retrospective outcomes research design, implementation, analysis and communication
Compliance and persistence research (patterns and predictors) as well as program design and evaluation
Pricing and contracting strategy planning, qualitative and quantitative research, consulting and pricing process management
Market access and reimbursement strategy planning, research, tactical approaches and evaluation
Value communications, including
  - Scientific: abstracts, posters, slide decks and peer-reviewed publications
  - Customer-oriented: Outcomes Research Binders (ORBs), negotiations support programs, budget impact models, cost-effectiveness models, American Managed Care Pharmacy (AMCP)-format dossiers and Core Value Dossiers for use in ex-U.S. markets.

The staff at ValueMedics looks forward to further developing the growing business in these areas. For further information, please contact Jonothan C. Tierce, C.Phil.