The horizon scanning function, introduced in 2005, is an established element of SMC's remit. The aim is to improve financial planning at Health Board level through the provision of early intelligence on new medicines in development. The horizon scanning team, comprising pharmacists, health service researchers and management accountants, gathers intelligence on these medicines through engagement with clinical specialists across Scotland as well as the pharmaceutical industry. The annual horizon scanning report, entitled Forward Look, is produced each October.
Forward Look reports feature medicines expected to become available for use in the following calendar year with the potential to have a moderate to high net impact on the drug budget and/or significant implications for service delivery. The report is accompanied by a set of financial spreadsheets that can be adapted locally as required and are used in conjunction with the Forward Look report. The spreadsheets include an estimate of uptake of the new medicine in the target population and the corresponding potential budget impact in year 1 and at steady state. The budget impact estimates take account of the anticipated costs and savings associated with the new medicine; for example, this might involve offsetting the costs of a displaced medicine.
Information on medicines in development can change rapidly. Quarterly updates are therefore produced to highlight any change in information on significant developments included in the report. This could include information on a change to an estimated UK launch date, development discontinuation of a medicine or notification of additional new products anticipated to come to the UK market in the Forward Look report timeframe.
Due to the commercial in confidence nature of the content, access to Forward Look reports, financial spreadsheets and updates is through a secure website. Access to the secure website is only given to named Health Board personnel, including those involved in horizon scanning or financial planning, upon receipt of a signed confidentiality agreement.
SMC is supporting and fully engaged with the UK wide horizon scanning database, UK PharmaScan. Our procedure for pipeline updates is being changed to fully utilise UK PharmaScan. We would encourage all companies to register for this important advance in the provision of horizon scanning information to ensure that your products are included in our Forward Look reports and therefore factored into future financial and service planning cycles within NHS Scotland.
Contact details for the SMC Horizon Scanning Team: firstname.lastname@example.org