Ahuja, JayaGupta, MadhurGupta, Ajay KumarKohli, Kamlesh2004-03-152009-06-032004-03-152009-06-032004-03-15Ahuja J, Gupta M, Gupta AK, Kohli K. Pharmacoeconomics. National Medical Journal of India. 2004 Mar-Apr; 17(2): 80-3http://imsear.searo.who.int/handle/123456789/11923321 references.Pharmacoeconomics focuses on the costs and benefits of drug therapy and pharmacoeconomic evaluations provide a basis for resource allocation and utilization. It is increasingly becoming important for health policy decision-making. A pharmacoeconomic evaluation may be conducted as an economic assessment incorporated into clinical trials. Such trials should compare the new drug/procedure with an older drug or existing intervention. Four techniques are used for economic evaluation, namely, cost-minimization analysis, cost-effectiveness analysis, cost-utility analysis and cost-benefit analysis. The choice of the evaluation method depends on the nature of outcomes and the context in which the choices need to be made. Pharmacoeconomics is a young science that will improve with application. Its need is undeniable, especially in developing countries.engClinical Trials as Topic --economicsCost-Benefit Analysis --methodsDecision MakingDrug CostsEconomics, PharmaceuticalHealth Policy --economicsHealth Services ResearchHumansResource AllocationJournal Article