New Medicines Pricing Proposals Would Mean More Uncertainty For Spanish Supply Chains

Proposals to reform Spain’s reference pricing system are out of whack with the national pharmaceutical strategy published in December, six industry associations have warned.

Spain publishes new decree to improves sustainability of the health care system and improve access to innovative medicines. (Shutterstock)
Key Takeaways
  • The Spanish health ministry has published a preliminary version of a bill that aims to improve access to medicines and the sustainability of the national health system.
  • The wide ranging bill includes an unpopular measure to adjust the reference pricing system to require manufacturers of substitutable medicines to submit prices to authorities every six months.
  • Industry groups say the move would jeopardize the supply of medicines.

Provisions in Spain for reforming reference pricing in a draft law aimed at speeding up access to innovative medicines and improving the sustainability of the country’s National Health System (SNS)...

The associations are calling on the government to re-think the so-called “selected prices system” that would exacerbate already difficult conditions for the industry at a time of huge geopolitical instability....

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