Dear list member,
The next meeting of the Edinburgh local group of the Royal Statistical Society will be held on Tuesday 17th May, at the ICMS building on 15 South College Street (EH8 9AA). The meeting will begin at 6pm, with tea and coffee available from 5.30pm, and usually finishes at approximately 7pm. The meeting is free, and open to all.
Professor Deborah Ashby (Imperial College London) will be speaking on the topic of: "What role should formal risk-benefit decision-making play in the regulation of medicines?".
Abstract: The regulation of medicine requires evidence of the efficacy and safety of medicines, and methods are well-developed to deal with the latter and to a lesser extent the former. However, until recently, assessment of risk- benefit especially in relation to alternatives has been entirely informal. There is now growing interest in the possibilities of more formal approaches to risk-benefit decision-making. In this talk, we review the basis of drug regulation, the statistical basis for decision-making under uncertainty, current initiatives in the area, and discuss possible approaches that could enhance the quality of regulatory decision-making.
Many thanks,
Adam Butler, Secretary of the Edinburgh local group of the Royal Statistical Society
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