UK Govt Casts Industry Concerns Aside And Confirms Rise In Statutory Scheme Rebate

The UK government is standing its ground on this year’s hike in the statutory pricing scheme rebate, despite industry worries about the impact on companies’ investment decisions.

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UK firms will be making higher drug pricing scheme payments this year • Source: Shutterstock

The UK is sticking with its decision to increase the rebate that pharmaceutical companies pay on sales of branded medicines to the National Health Service under the statutory pricing scheme, the Department of Health and Social Care has announced.

Following a consultation launched last year in which industry respondents expressed opposition to the increase, the rebate for 2023 is to rise from 24.4% to 27.5% to ensure the statutory scheme maintains “broad commercial equivalence” with the voluntary pricing scheme for branded medicines, the VPAS

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