Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information please take a look at our terms and conditions. Some parts of the site may not work properly if you choose not to accept cookies.

Join

Subscribe or Register

Existing user? Login

Consider alternatives to value-based pricing, says 2020health

By News team

Pharmaceutical companies should be allowed to continue to fix their own prices for individual drugs, according to a new report from 2020health.

The independent health think tank report “Value-based pricing: the wrong medicine for the nation?” surveyed public concerns about proposed value-based pricing. Barbara Arzymanow, main author of the report, concluded that “patients could mistake value-based pricing for a commitment to make more medicines available, which is not the case”.

The report claims that medicines pricing can be improved and urges the Government to consider alternative solutions, including continuing to allow drug companies to fix prices for individual drugs, lowering the price of older drugs to accommodate high enough prices for new products, developing a pricing system to encourage companies not to overlook rarer diseases in search of drugs for more lucrative markets and encouraging more patient access schemes to help make drugs available on the NHS.

Citation: The Pharmaceutical Journal DOI: 10.1211/PJ.2013.11121106

Have your say

For commenting, please login or register as a user and agree to our Community Guidelines. You will be re-directed back to this page where you will have the ability to comment.

Recommended from Pharmaceutical Press

RPS publications

Pharmaceutical Press is the publishing division of the Royal Pharmaceutical Society, and is a leading provider of authoritative pharmaceutical information used throughout the world.

Visit rpharms.com

Search an extensive range of the world’s most trusted resources

Powered by MedicinesComplete
  • Print
  • Share
  • Comment
  • Save
  • Print Friendly Version of this pagePrint Get a PDF version of this webpagePDF

Newsletter Sign-up

Want to keep up with the latest news, comment and CPD articles in pharmacy and science? Subscribe to our free alerts.