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Mixed Support For ABPI's UK Price Scheme Proposals

 
• By Leela Barham

The UK pharma industry body has set out bold proposals for a new drug pricing agreement from 2024, but not everyone is convinced. Generics companies are pressing for more of a say in the negotiations, while patient groups want to know more about how the deal would help improve access to medicines.

PS1807_Pills Under Scrutiny_141058420_1200.jpg
The ABPI's UK drug pricing scheme proposal is under close scrutiny • Source: Shutterstock

The Association of the British Pharmaceutical Industry took the “unprecedented step” of publishing its proposals for the next voluntary drug pricing agreement because of its concerns over the damage being done to the industry by the high sales rebate payable under the current Voluntary Pricing and Access Agreement (VPAS), according to ABPI executive director David Watson.

“We’ve always tabled detailed proposals, but this time we’ve gone public with them early, rather than wait until we’re in the process of negotiations,” Watson told the Pink Sheet in...

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