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Situation where it is impossible to create a greater amount or higher quality of patient outcomes for the current level of expenditure. If a company is producing the greatest output it can, alongside the best technology available, it is said to be technically-efficient.
See also:
Quality of life (QOL)
Health Status Instrument (Pharmacoeconomics)
Related terms
Font, Situation analysis, Food And Drug Administration (FDA), Therapy area, Packaging, Microsite, Duplication, British Pharmacological Society (BPS), Focused Advertising Sampling Technique (FAST) Marketing, Respondent, International Clinical Trial Registry Platform (ICTRP), Boston matrix, Over the counter (OTC), Placebo-controlled trial, European Medicines Agency,
