Prospective Estimation of the Health and Economic Returns on Research Investment

Essential health research requires significant investment, but research funding is constrained. In a project for the Australian Clinical Trials Alliance (ACTA), the Centre for the Business and Economics of Health (CBEH) developed a novel Research Prioritisation Framework that uses value-of-information analysis to determine the probable returns on investment in new approaches even before a trial begins.

The Framework provides a practical guide for Clinical Trial Networks and other organisations to set priorities for the conduct of clinical trials that are designed to optimise the research investment. The Framework can be adapted and applied flexibly to a variety of activities, depending on the situation and objectives of the organisation.

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Project members

Our CBEH team

Dr Haitham Tuffaha

Associate Professor Haitham Tuffaha

Centre for the Business and Economics of Health