Accessibility Page Navigation
Style sheets must be enabled to view this page as it was intended.
  • Facebook
  • Twitter
  • LinkedIn
  • YouTube

Institute for Leadership & Management in Health

The Institute of Leadership and Management in Health (ILMH) challenges the boundaries of uncertainty and value in healthcare. ILMH links a variety of intellectual, human and technical assets to create Value in healthcare. We invest our intellectual capital in the development of innovative financial and econometric models entirely based on outcome data to support policy decisions.


Cost of illness studies
Cost-of-illness studies measure the economic burden of a disease or diseases and estimate the maximum amount that could potentially be saved or gained if a disease were to be eradicated.

Bayesian cost effectiveness analysis
Bayesian statistical methods represent a valuable set of analytical tools that can make a powerful contribution to the decision-analytic approach to cost effectiveness analysis.

Budget impact analysis
The purpose of a budget impact analysis is to estimate the financial consequences of adoption and diffusion of a new health care intervention within a specific health care setting or system context given inevitable resource constraints.

Real Option valuation
Real options valuation applies derivative valuation techniques to capital budgeting decisions. A real option itself, is the right — but not the obligation to make an investment

R&D parametric cost analysis
The application of parametric cost analysis to pharmaceutical development can help reduce the uncertainty and the degree of approximation of the cost estimates.

Back to top

Research team

Professor Giampiero FavatoDirector

Professor Giampiero Favato

Leader of global teams dedicated to innovation and change in pharmaceuticals,  Giampiero holds an MBA from the University of Chicago and a research doctorate from Brunel University.

Visiting Professors

Professor Francesco Mennini

Prof. Francesco Mennini

Francesco is presently Professor for Health Economics and Political Economics at University of Rome "Tor Vergata” (both at the Faculty of Economics and Science). He is also Professor for Health Economics at University of Rome "La Sapienza”, Faculty of Statistics.
His main contributions have dealt with Health Technology Assessment (HTA) and pharmaco-economics, welfare policies, health system analysis, and pharmaceutical economics.

Francesco was the chair of the Scientific Committee of the European Conference on Health Economics (ECHE). He is author of numerous publications, national and international, of Health Economics, HTA and Pharmaceutical Economics.

Professor Massimo Pinzani

Prof Massimo PinzaniProfessor Pinzani is the Sheila Sherlock Chair in Hepatology at the lnstitute of Liver and Digestive Health at UCL, London.

The Institute has excellent facilities for cell and molecular research, with liver cell and molecular biology and physiology proving the core scientific disciplines; studies range from improving the management and understanding of chronic viral hepatitis to genetic approaches to treat inborn errors of hepatocyte metabolism.

Visiting Fellows

Dr Fatima Annan-Diab

Dr Fatima Annan-DiabAs the Associate Head of Department of Strategy, Marketing and Innovation, Fatima’s focus is on facilitating and continually improving the quality of teaching, research and enterprise within the department to align with the University’s strategic aims. She is currently working on Advanced Decision Making in Health Care project in association with Johnson & Johnson and the Academy of Business in Society. She holds a research doctorate from Royal Holloway, University of London. 

Dr Lior Jassur

Dr Lior JassurLior heads up a major bank’s credit research department. His previous experience includes investing, trading and analysing high yield bonds, leveraged loans and distressed investments at a range of financial institutions in the City of London over a period of more than 20 years. Lior earned a B.Sc. (Hons) in Economics and Business Finance from Brunel University, an MBA (prize winner) and a DBA from Henley Management College / Brunel University. His doctoral thesis: “An empirical study of asset value and volatility in structural credit models” won an EDAMBA prize in 2008. In addition to the thesis, Lior published several academic papers on credit risk quantification.

Dr Alessandro Capone

Dr Alessandro Capone

After completing his studies in medicine in Italy, in 1988 Alessandro started his professional cooperation with pharmaceutical industry, leading to the position of head of health economics & market access. Alessandro has held an internal position in consulting agencies as partner, supporting public healthcare bodies and life science industry in pricing and reimbursement procedures for new drugs and devices, economic evaluations as well as health technology assessments. Currently, he is a cofounder of a consulting agency which harmonizes different intellectual, human and technical assets to create value in healthcare.

Back to top

Recent contributions

  • F.S. Mennini, A. Marcellusi, G. Baio, K. Haeussler, G. Favato, A. Capone, PRM142 - Loss of health utilities due to hpv-induced diseases in men and women: A multicenter italian study, Value in Health, Volume 16, Issue 3, May 2013, Page A38, ISSN 1098-3015, 10.1016/j.jval.2013.03.219.
  • A. Marcellusi, L. Gitto, P. Giannantoni, S. Russo, G. Favato, F.S. Mennini, PHP19 Comprehensive Value Estimation of Adalimumab-Based Treatments: Covet Study, Value in Health, Volume 15, Issue 7, November 2012, Page A292, ISSN 1098-3015, 10.1016/j.jval.2012.08.561.
  • F.S. Mennini, A. Marcellusi, L. Gitto, P. Giannantoni, G. Favato, PHP36 Comprehensive Value Estimation of Adalimumab-Based Treatments: Covet Study, Value in Health, Volume 15, Issue 4, June 2012, Page A19, ISSN 1098-3015, 10.1016/j.jval.2012.03.112.
  • G Favato, G Baio, A Capone, A Marcellusi, S Costa, G Garganese, M Picardo, M Drummond, B Jonsson, G Scambia, P Zweifel, F S Mennini (2012)  Novel Health Economic Evaluation of a Vaccination Strategy to Prevent HPV-related Diseases. The BEST Study.   Medical Care 50: 12. 1076-1085
  • G Baio, A Capone, A Marcellusi, F S Mennini, G Favato (2012)  Economic Burden of Human Papillomavirus-Related Diseases in Italy   PLoS ONE 7: 11. e49699
  • E Tragni, A Filippi, M Casula, G Favato, O Brignoli, C Cricelli, A Poli, AL for the CHECK group Catapano (2012)  Risk factors distribution and cardiovascular disease prevalence in the Italian population: the CHECK study   Open Journal of Epidemiology, doi: 10.4236/ojepi.2012
  • F S Mennini, G Baio, G Montagano, G Cauzillo, G Locuratolo, G Becce, L Gitto, A Marcellusi, P Zweifel, A Capone, G Favato (2012)  Governance of preventive Health Intervention and On time Verification of its Efficiency: the GIOVE Study   BMJ Open 2: e. 00736
  • F S Mennini, S Costa, G Favato, S Picardo (2009)  Anti-HPV vaccination: A review of recent economic data for Italy   Vaccine 27: 1. 54-61
  • P Russo, A Capone, V Pieri, G Favato (2009)  Can savings induced by off-patent drugs balance the increase of pharmaceutical expense associated with the high ageing rate of the Italian population?   Italian Journal of Public Health 6: 3
  • G Favato. High Incidence of Smoking Habit in Psoriatic Patients. The American Journal of Medicine 2008; Vol. 121, Issue 4, Page e17.
  • G Favato, P Mariani, C F Print, A Capone, M Pelagatti, V Pieri, A Marcobelli, E Tragni, M G Trotta, A Zucchi, A L Catapano (2008)  Effect of age and sex related therapeutic needs on general practices' prescribing costs. The ASSET (Age/Sex Standardised Estimates of Treatment) research model.   Pharmacoeconomics - Italian Research Articles. 10: 2. 89-98
  • G Favato, et al. (2007), ASSET (Age/Sex Standardised Estimates of Treatment): A Research Model to Improve the Governance of Prescribing Funds in Italy. PLoS ONE 2007; 2(7): e592.
  • G Favato, A L Catapano (2007)  Editorial: Old people and drug prescription in Italy. Results of The ASSET study. G. GERONTOL 55: 191-192

Back to top

Upcoming Events