Joint Price Negotiations Move Ahead In Latin America

Latin American countries are continuing to pursue a strategy of jointly negotiating medicine prices to get a better deal on expensive medicines. However, manufacturers have expressed doubt that this is the best way forward.

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Mercosur Companies Negotiate Medicine Prices Together

Joint pricing negotiations are not only gathering pace in Europe as Latin American countries from the Mercosur trade bloc have together negotiated a lower price for trastuzumab. However, the company that markets the originator drug, Herceptin, has expressed doubts about how productive joint pricing negotiations really are in addressing access issues.

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