Pricing Strategies; Reimbursement
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After urging the US DoJ to act against pharma companies alleged to have conspired in a price-fixing conspiracy, Bernie Sanders and Elijah Cummings write letters to Teva, Mylan and Heritage, accusing the companies of obstructing their enquiry.
July saw UK generic trade price rises peak at a 100% increase for oxytetracycline 250mg tablets, while hydrocortisone 20mg tablets saw their average price plummet by two-thirds, according to the latest figures from WaveData.
With supply shortages easing and a period of channel destocking largely over, Fresenius Kabi’s US injectables business is preparing to fight hard to maintain its market position, group CEO Stephan Sturm says.
A bipartisan US bill called the Prescription Drug Pricing Reduction Act 2019 aimed at lowering the price of prescription drugs for Americans has passed through the Senate finance committee. The AAM called the legislation “a step in the right direction.”
A new law in Germany could lead to tendering in the biosimilars space.
Average price drops of more than half were seen for certain presentations of chlortalidone and sumatriptan in the UK in June. Meanwhile, metformin and prednisolone saw average prices that more than doubled, as volatile pricing was also seen among recently-launched molecules.
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