The PhRMA Foundation seeks to support development of multi-disciplinary, collaborative Centers of Excellence under the Value Assessment Initiative that will build evidence, tools and partnerships to inform value assessment strategies and value-driven decision making.
This is a two stage application process, and proposals will be evaluated on the likelihood of developing into a successful, sustainable Center. Suggested criteria for a successful Center are described below.
- Strong leadership commitment
- Communications strategy (e.g., media outreach, publications)
- Representation of expertise in diverse disciplines and from different perspectives, including payers, manufacturers and clinicians
- Clear governance structure
- Explicit process for meaningful engagement with stakeholders
- Plans for ongoing partnership with patients or patient advocates
- Existing or planned infrastructure
- Plans to solicit supplemental and sustained funding from a diverse set of stakeholders
- Relationships with credible academic institutions
- Mentorship or training offerings
- Long-term, well-documented research agenda
- Detailed documentation of proposed methodology and processes
- Established external review processes for published research
The PhRMA Foundation seeks transformative, multi-stakeholder-driven solutions to address challenges in assessing the value of medicines and health care services to improve patient outcomes and reduce inefficiency. Awardees are expected to produce a detailed proposal describing the Center mission, structure, partnerships and agenda. Proposals should address the suggested criteria for a potentially successful Center.
Center award opportunities are open to all individuals and organizations that represent stakeholders in the health care sector. Collaborators should exhibit diverse backgrounds, interests and skillsets.
Funding for development of a Center of Excellence is offered in two phases.
- Planning grants of up to $25,000 for a four-month period are available to candidates who will prepare a plan to establish and sustain a new Center. Up to four awards will be available. At the end of the funding period, candidates should submit a detailed proposal for the establishment of the Center.
- Additional funding of up to $500,000 is available to support establishment of a Center. Candidates who proposed a potentially successful Center under phase I will be eligible for funding.
A maximum of 20 percent of the award may be used for indirect institutional costs.
For Phase 1, candidates should submit letters of intent (LOIs) by clicking on this link:
no later than May 1, 2017, to express interest in the planning award. LOIs will be reviewed for potential program fit, novelty, importance, rigor and clarity. The LOI should include the following (maximum 3 pages):
- Cover page that includes the Center title and a one paragraph description of the Center’s mission. The title and mission statement should be suitable for public communication. Also include the name, mailing address, email and telephone number of the principal investigator and other investigators or collaborators.
- Narrative that summarizes the proposed activities to be undertaken by the Center, including areas of focus and consideration for review criteria listed above.
- Letter of support from affiliated institution’s leadership (e.g., university department chair)
- Estimated budget with justification for three-year sustainability.
Candidates will be notified of the funding decision no later than June 15, 2017. For Phase 2, planning grant awardees are required to produce a detailed proposal describing the proposed Center’s mission, structure, partnerships and agenda. This detailed proposal will be used as part of the application process for Center funding under phase 2. Additional details will be made available to planning grant awardees.