New UK regulations coming into force on April 1 are expected to produce savings of £33m on the UK drugs bill by changing the way that the statutory drug pricing scheme works. Instead of being based on price cuts, it will now involve regular company percentage payments based on sales to the National Health Service, bringing it into line with the voluntary Pharmaceutical Price Regulation Scheme.
The statutory scheme applies to pharmaceutical companies that supply branded drugs to the NHS but are not part of the...