BGMA Welcomes ‘Differentiated’ Approach To UK Statutory Scheme

Off-Patent Industry Association Praises Government’s ‘Lifecycle Adjustment’ Rebate Proposal

 
• By Dave Wallace

Proposals published by the UK government as part of a consultation on its statutory scheme for branded medicine pricing have been welcomed by local off-patent industry association the BGMA. The proposals include a “lifecycle adjustment” mechanism to allow a lower rebate rate for medicines being sold in competitive markets.

Dial Turned From Low To High Setting
The BGMA has welcomed the potential for adjustment from a higher to lower rebate rate • Source: Shutterstock

More from Policy & Regulation

More from Generics Bulletin