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Economic Aspects of the Development of New Medicines
1 January 1981
…success of pharmaceutical innovation. On the one hand there has been the spirit of enterprise in the pharmaceutical industry, characterised by competition, innovation, flexibility and a willingness to invest huge…
Consumer Movement, Health, and the Pharmaceutical Industry
1 January 1983
…an equivalent freedom to compete to meet the market’s demands. The suggested advantages of this type of social system are two-fold. First, where free competition is working in a fair,…
Regulating Prices Paid by the NHS for Medicines Supplied by the UK-Based Pharmaceutical Industry
1 October 1997
…an RPI-X price control (combining an increase for inflation with an efficiency target) and, where possible, the creation of market conditions which allow competition and so reduce or remove the…
Controlling NHS Expenditure: The Impact of Labour’s NHS White Papers
1 December 1998
…to replace competition; there is to be a statutory requirement to provide good… The English, Scottish and Welsh National Health Service (NHS) White Papers published by the government in December…
The Debate on Indication-Based Pricing in the U.S. and Five Major European Countries
5 January 2018
…payers see the potential for IBP to increase price competition in some indications, and the NHSE in England has used contracting by genotype in Hep C drug procurement to increase…
Incentivising New Antibiotics: Designing a Value-Based Delinked Pull Incentive Mechanism
30 March 2023
…due to limited sales volumes, generic competition, and inadequate recognition of their value A globally aligned, value-based, fully-delinked pull incentive is one possible solution The incentive involves payers providing manufacturers…
The US Inflation Reduction Act: What Do the Experts Think?
25 May 2023
…(ICER), in the same panel session. Dr Pearson proposed potential alternative motivations, including addressing perceived market failures such as not enough generic competition, or even a simple notion of “I…
What is the future of health economics?
1 May 2023
…fees and subsidies are required and what’s fully funded and for whom? Where does competition work and where does competition not work in the health care sector, and why? How…
US Pharmaceutical Pricing Policies
…examining market structures and competition, health economists can assess how pricing mechanisms impact market behavior, including issues related to monopolies, generic drug entry, and pricing strategies adopted by pharmaceutical companies….