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PhRMA’s Defensive Move On DTC Ads: Putting Drug List Prices ‘In Context’

 
• By Sue Sutter

Member companies’ direct-to-consumer TV ads will direct patients to information about drug costs – including list price, estimated out-of-pocket costs for the drug, and availability of financial assistance – under a voluntary program that takes effect in April 2019; initiative falls short of mandatory list price disclosures proposed by Trump Administration.

US dollars

The Pharmaceutical Research and Manufacturers of America’s (PhRMA) new plan for conveying information about drug costs to consumers may be viewed as a defensive moved aimed at heading off a regulatory requirement to include list prices in direct-to-consumer (DTC) advertising. However, given the potential constitutional concerns inherent with any regulatory requirement, PhRMA’s voluntary approach might just be the one that ultimately prevails.

The voluntarily program also allows PhRMA to continue to shape the drug pricing conversation by framing the impact that other players in the healthcare supply chain have on the costs...

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US FDA’s Familiar Drug Pricing To-Do List

 
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US ‘Most Favored Nation’ Pricing Could be Game Changer for Drug Access In Germany

 
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US Most Favored Nations Policy: Higher Drug Spending In Germany Is ‘Difficult To Imagine’

 
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Japan Reimburses 11 New Drugs But Slashes Price Of Others By Up To 20%

 
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