Patients receive medications appropriate to their clinical needs, in doses that meet their own individual requirement, for an adequate period of time and at the lowest cost to them and their community
Applies to cost-benefit, cost-minimization, and cost-utility analyses to compare the economics of different pharmaceutical products or to compare drug therapy to other treatments
Patients given a placebo treatment will sometimes have a perceived or actual improvement in a medical condition, a phenomenon commonly called the placebo effect
Necessary when patients are prescribed doses of a drug which are not precisely equivalent to standard presentation, to calculate the quantity of drug preparation which will contain the prescribed dose