UK Industry Calls For 'Early & Open' Talks Over ‘Extreme’ 2023 Clawbacks

The current UK approach to drug pricing and access is "broken," and early talks with the government next year will be necessary to set out a "completely new future settlement," the pharmaceutical industry has warned. By contrast, the government claims that the pricing scheme is working as intended.

Industry warns of the perils of the UK rebate rate • Source: Shutterstock

Several pharmaceutical companies, including Bayer, Eisai, Gilead, MSD, Novo Nordisk and Sanofi, have backed warnings from the Association of the British Pharmaceutical Industry that the £3.3bn “extreme revenue clawback” companies will have to pay the government in 2023 means they will invest less in the UK and launch fewer new products there.

The companies also supported the ABPI’s call for "early and open" talks with the government next year over the soaring rebate rate, which will cost companies selling branded medicines 26.5% of their annual sales

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