Monday, January 07, 2008

UK Big Pharma - price cuts on the way

A cut of 10 per cent in the prices the NHS pays for prescription medicines is being sought by the government in a deal it plans to conclude with the pharmaceutical industry by the middle of the year.

Alan Johnson, the health minister, told the Financial Times that he planned to generate substantial savings in the drugs budget during talks to be completed by June on the Pharmaceutical Price Regulation Scheme, the agreement that covers the price to the NHS of branded drugs.

Source

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