Health economic aspects of pharmaceutical R&D decisions

Course director: Prof. Zoltán Kaló

4-day course in pharmaceutical research and development (2 credits)

Each day consists of 7 x 45-minute classes

Date: 19-22 January 2026, 9:00 AM – 4:00 PM

Location: Beznák Aladár Lecture Hall, Basic Medical Science Center, Semmelweis University

Day 1	Development of health economic model	Balázs Nagy
Day 2	Early phase economic modelling	Zoltán Kaló
Day 3	Strategic pricing of pharmaceutical technologies	Zoltán Kaló
Day 4	Net present value calculation to support development decisions	Zoltán Kaló

Technical requirements: participants should bring their own computer

Evaluation of prior PhD courses by participants and Action plan (in HU):

Information

HEALTH ECONOMICS COURSE

organised by the

Center for Health Technology Assessment,

SEMMELWEIS UNIVERSITY, Budapest

Health economic aspects of pharmaceutical R&D decisions

Health economic aspects of pharmaceutical R&D decisions

For Whom?

For representatives of health care innovators, investors and payers, HTA agencies, academic researchers and clinical research and market access specialists of the pharmaceutical industry or who are involved or interested in-, or influenced by decisions in pharmaceutical research and development.

Brief description

Early phase assessment of investigational medical technologies requires special skills in health technology assessment, economic modeling, and market research. Developers should explore realistic pricing assumptions and business models of these technologies before moving ahead or investing in a development program. The course – in addition to providing insights into theory – will mainly be based on case studies. Participants will construct economic models to judge the value-based price of investigational medical technologies, and evaluate their expected net present value to support indication selection and go, no-go decisions. Participation will be face-to-face with limited seating.

Lecturers:

Prof. Zoltán Kaló Assoc. Prof. Balázs Nagy

Language: English only
Timing: Courses start at 9 AM, end at 4 PM
Skill requirements: Basic knowledge of statistics and/or pharmaceutical R&D, familiarity with MS Excel.
Equipment requirements: own laptop, MS Excel

Registration

Please note: participation is free of charge for faculty members and students of Semmelweis University.

In order to register for our winter courses:

download our application form: (available from November 2025)
fill out the form,
send the completed form in a .pdf format to hta@semmelweis.hu via email.

Important: After sending your registration form by email, please wait for receiving your invoice first. Only after you received your invoice transfer the registration fee.

Thank you!