Tag: Pricing

Five Pharma Companies File Complaint in Canadian Court

Five pharmaceutical companies have announced they have filed a complaint in a Canadian court challenging the constitutionality of new regulations in the country. The rulings were part of an effort to ...

Kazakhstan to Set Price Ceiling for Drugs in July

The Kazakh Ministry of Healthcare will set price ceilings for wholesale and retail drugs in July. Price regulation rules were developed, an order was formed for the maximum wholesale and retail price...

Measures for Lowering Medicine Prices in Russia Showed to Be Effective

In 2010, Professor Liliya Ziganshina (Head of Cochrane Russia), one of the co-authors of the paper, partook in a study on access to medicines with expert advice and methodology support from the World ...

State Duma Adopted Bill on Price for VED

The State Duma adopted a bill to control the prices of vital and essential medicines in a final third reading, according to the information published on the website of the lower house of Russian parli...

CMA Found 4 UK Companies Breaking Competition Law

The CMA has provisionally found that 4 pharmaceutical companies broke the law by agreeing not to compete in the supply of an anti-nausea drug in the UK. In a statement of objections issued, the Com...

GSK and Novartis Promote False Claims about Products Efficacy

The Federal Court of Australia has found that the subsidiaries of pharmaceutical companies GlaxoSmithKline (GSK) and Swiss drug manufacturer Novartis breached Australian Consumer Law by promoting fals...

Uniforming Prices in Kazakh Pharmacies

Uniform prices will be set in all Kazakh pharmacies by May. Medical supply prices will be available online, as well as by request, to make medicine more accessible. A law will come into force tomorro...

Improving Solutions in Healthcare in Russia

French-Russian Round Table “Partnership in the name of health. Improving solutions and provision in healthcare” was organized in Moscow. The event focused on assessment of healthcare technologies, dev...

Method of Price Registration in Russia

The state policy on medicine and medical products circulation was discussed at the XI All-Russian Congress of the Pharmaceutical and Medical Industries. “Unfortunately, current trend is to tie all ...

Regulating Medicine Prices in Russia

On 26 February, representatives of FAS Department for Control over Social Sphere and Trade took part in a meeting of the Healthcare Committee at Franco-Russian Chamber of Commerce. Due to the recent c...

Big Pharma Answered for High Prices

U.S. senators called drug pricing practices “morally repugnant” and told drug company executives they do not want to hear them blame others for the high prices, taking an aggressive stance at a Senate...

Med Pricing Pushes People into Poverty

Spending on health is growing faster than the rest of the global economy, accounting for 10% of global gross domestic product (GDP). A new report on global health expenditure from the World Health Org...

Preferential VAT Policy for Rare Diseases in China

China will offer preferential value-added tax (VAT) policies for drugs aimed at the treatment of rare diseases, a State Council executive meeting chaired by Premier Li Keqiang decided on Monday. Fr...

Sanofi and Regeneron Slash Price for Praluent by 60%

Sanofi SA and Regeneron Pharmaceuticals Inc said on Monday that they will slash the U.S. list price of their potent but expensive cholesterol fighter Praluent by 60 percent, as the drugmakers follow a...

PhRMA Criticize Damaging Price Control in Some Countries

The Pharmaceutical Research and Manufacturers of America (PhRMA) urged the Office of the United States Trade Representative (USTR) to take immediate action to address serious and growing market access...

Big Pharma to Testify in High Drug Pricing Case

While congressional scrutiny on drug pricing is nothing new, the prospect of some of the pharmaceutical industry's highest-profile CEOs testifying on the issue will make for a must-watch event. In ...