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UK Pharma Industry Facing Difficult Price Scheme Talks in 2023

 
• By Leela Barham

Negotiations on the successor to the UK’s 2019 voluntary drug pricing scheme are due to start in April 2023. The industry body, the ABPI, is calling for a clean sheet approach, but others suggest that could make it almost impossible to reach agreement in less than a year and that reform may be a more realistic proposition.

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Talks will begin next year on a new UK drug pricing scheme • Source: Shutterstock

Now that the UK Department of Health and Social Care has confirmed that companies covered by the Voluntary Scheme for Branded Medicines Access and Pricing (VPAS) will have to repay 26.5% of their sales of branded medicines, attention has shifted to the negotiations that will begin next year to agree on a follow-on deal that will apply from 2024 to 2028. 

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