Rash of Generic Price Hikes Pushes UK Health Dept Into Action
Executive Summary
Huge hikes in the prices of some generic medicines in the past year have forced the UK health authorities to offer many more “concessionary prices” to pharmacists to ensure continuity of supply and to seek alternative sources of some products. Legislation is due to take effect shortly that will give the government more powers to control generic prices.
You may also be interested in...
Court Ruling On Pfizer Price Hikes Could Delay Other Investigations, Warns UK Competition Authority
Ongoing Investigations into drug price increases could be at risk following a tribunal ruling in the UK phenytoin sodium case, according to the Competition and Markets Authority, which is considering an appeal against the judgment.
ABPI Welcomes Amended Legislation On Curbing Excessive Unbranded Drug Prices
Newly passed UK legislation gives the government powers to curb pricing of unbranded generics when market forces fail. The Association of the British Pharmaceutical Industry has welcomed amendments to draft legislation that have addressed its concerns over onerous requirements.
Rare Disease Body Wants EU Legislative Overhaul To Address Orphan Definitions & Incentives
Eurordis has welcomed some parts of the leaked proposals for overhauling the EU medicines legislation, but it has a number of concerns, including the future role of patient representatives if the European Medicines Agency’s committee structure is slimmed down as planned.