New US Medicare Pricing Policies Could Reshape Global Pharmaceutical Markets
14 Articles
14 Articles
Berlin, which has so far insisted that drug pricing is an internal matter, is now seeking a possible compromise with the US.
The US administration's strategy to reduce the price of medicines can lead pharmacists to review the way they launch and negotiate new treatments in Europe. Portugal, which uses prices from other European countries as a reference, can also feel the effects of this pressure.
Research has shown that although the Trump administration's most-favored-country drug price policy can lower drug prices in the US, pharmaceutical companies can have a negative impact on patients in other countries by raising drug prices in standard countries such as South Korea or delaying the launch of new drugs to cover losses.
TRUMP'S plan for cheaper drugs in the US threatens Europe with higher prices and delays in new therapies, warns a study in the journal The Lancet.
US push to cut drug prices could mean longer waits for European patients
Europe’s patients could face longer waits for some new medicines as US efforts to drive down drug prices risk encouraging pharmaceutical companies to delay launches in lower-price markets, according to a new modelling study.
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