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Innovation in European healthcare – what can Sweden learn? - LIF

Innovation in European healthcare – what can Sweden learn? - LIF

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Issues <strong>in</strong> <strong>Sweden</strong>: reimbursement for <strong>in</strong>novation<br />

There is no well-def<strong>in</strong>ed structure to get reimbursed for<br />

<strong>in</strong>novative products – and national recommendations<br />

are filtered through layers of decision-makers<br />

• All the stakeholders suggest that there are no structured f<strong>in</strong>ancial <strong>in</strong>centives or methods for<br />

reimbursement of <strong>in</strong>novative products – and that it is vital for small companies to f<strong>in</strong>d their<br />

first customers<br />

• ”It is vital for medtech companies to f<strong>in</strong>d its first customers. Unfortunately, there are no such<br />

early customers <strong>in</strong> the Swedish <strong>healthcare</strong> system”, regional <strong>in</strong>novation officer<br />

• ”We will soon launch our first product, but not <strong>in</strong> <strong>Sweden</strong>. We have selected Germany as<br />

our first target market, s<strong>in</strong>ce there is reimbursement for our products.”, CEO small medtech<br />

company<br />

• ”The lack of reimbursement for <strong>in</strong>novation is a major problem. Take for example our<br />

monoclonal antibody: you go through all the hurdles with an HTA and the assessment by<br />

TLV to reach a national recommendation. TLV does an excellent job, but then the<br />

recommendation is filtered through multiple layers, from NLT to the counters, the hospitals,<br />

the cl<strong>in</strong>ics and <strong>in</strong>dividual doctors. National recommendations should be b<strong>in</strong>d<strong>in</strong>g, a right of<br />

the patient. Or at least, vetos on national recommendations at the local level should give the<br />

benefit of the doubt to <strong>in</strong>novation.”, CEO global pharmaceutical company<br />

• ”It is of paramount importance for our portfolio companies to f<strong>in</strong>d our first pay<strong>in</strong>g customers.<br />

In particular for companies with physical products, where user feedback and partnership<br />

with the cl<strong>in</strong>ical reality is necessary. Today, there is no structured reimbursement method for<br />

<strong>in</strong>novative products.” Head of life science <strong>in</strong>vestments, Industrifonden<br />

15

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