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UK Price Scheme Changes To Cost Pharmaceutical Industry £33m

 
• By Ian Schofield

The government is expecting to reap UK-wide savings of £33m by basing the statutory drug pricing scheme on regular payments on sales rather than price cuts and limiting the maximum prices companies can charge the NHS. The move will bring the scheme more into line with the voluntary PPRS.

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The UK NHS is expected to reap savings from changes to the statutory pricing scheme

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...

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