Health Literacy and the Life Sciences

Health Literacy and the Life Sciences

Can Health Literacy Boost Transparency in the Life Sciences? Transparency is highly beneficial in the life sciences—leading to more engagement among patients and lower dropout rates for clinical trials. The American College of Physicians defines transparency as the...
How Can We Improve Health Literacy?

How Can We Improve Health Literacy?

How Can Health Literacy Be Improved? The health care system can be difficult for patients to navigate, particularly for those who lack sufficient health literacy skills. Health literacy is the ability to understand basic health information and services, and it is a...
What is Health Literacy?

What is Health Literacy?

What Is Health Literacy? Health literacy allows patients to understand the health information and services being offered to them and become more engaged in their treatment plans. Unfortunately, health literacy skills are considerably low for most patients. According...
How to Price a New Drug for Health Insurance

How to Price a New Drug for Health Insurance

Entering the market with a new drug can be a competitive experience for pharmaceutical companies—particularly if they lack established connections with major companies in the industry. Although there can be many barriers to entry, it is possible for emerging companies...
Health Literacy and the Life Sciences

3 Proven Ways to Lower Drug Costs

Pharmaceutical drugs can be costly, posing an issue for both the patient and the payer. Pharmaceutical companies can manage these high drug costs by implementing risk management programs. These programs allow companies to reduce their own spending while lowering drug...
The Value of Different Patient Perspectives

The Value of Different Patient Perspectives

What Is the Value of Different Patient Perspectives? Patient advocates play a crucial, if sometimes overlooked, role in advocating for patients and ensuring that pharmaceutical companies consider issues affecting patient communities in their development process....