Wednesday, December 16, 2009

Would the US consider reimportation from the UK?

UK medicines are now the cheapest in Europe, according to the latest Department of Health (DH) figures.

In a PPRS report to parliament released this week, the DH compared the price of the leading 150 branded medicines in 11 European countries, the USA and Australia. The UK ranked the 12th in the table, with only Australia paying less for medicines.

However, figures from industry body the Association of the British Pharmaceutical Industry (ABPI) for the second quarter of 2009 suggest medicines prices in Australia now exceed those in the UK.

Prices have dropped relative to Europe because of PPRS cuts in January and the value of the Pound compared with the Euro, the ABPI said.

Click here to view the report.

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