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The PhRMA Foundation's Predoctoral Fellowship in Value Assessment-Health Outcomes Research (VA-HOR) is designed to support promising students (U.S. and non-U.S. citizens) during advanced stages of training and thesis research in value assessment and health outcomes research. The Foundation seeks research proposals that investigate challenges and potential solutions related to evaluating the delivery, safe use, effectiveness, and value (clinical, patient-centered, and economic) of medicines and other health care interventions. Research areas include clinical outcomes assessments, patient-reported outcomes, patient health preferences research, clinical and economic outcomes using real-world data, evaluation and outcomes assessments focused on health equity or unmet need, innovative methods for measuring and reporting novel value elements, development of innovative decision and communication tools, patient-centered value assessment frameworks, and empirical health policy research. Proposals must incorporate patient engagement at an appropriate level through active, meaningful, and collaborative interaction between patients and researchers. Applicants must be full-time, in-residence PhD candidates at accredited U.S. universities who have completed at least two years of coursework and are engaged in thesis research.