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.
- Phase I has been completed. Six applicants have been selected to participate in the second phase.
- 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.
- General Information – contact information for the main applicant
- Abstract – not to exceed 500 words
- Center of Excellence Plan not to exceed 10 pages – click here for details
- Budget – list how the funds will be used for the duration of the funding period and break it down by year.
- Key Personnel: submitted as PDFs
Either NIH Biosketches of key personnel to be involved in proposed training program or a description of the following for each faculty member:
- Present Positions
- Academic standing, i.e., Assistant, Associate or Full Professors
- Educational training
- Related Experience
- Letter(s) of Institutional Commitment – submitted as PDFs
- Letter(s) of Support from External Collaborators (if applicable) – submitted as PDFs