October 2008
Worldwide Biotech;Oct2008, Vol. 20 Issue 10, p5
Trade Publication
The article deals with the impact of cost containment measures of governments and payers on new drug development. A example is given of the rejection by Britain's National Institute of Clinical Excellence (NICE) of four new kidney cancer therapies on the basis of cost effectiveness. The efforts to reduce healthcare costs are said to put pressure on pharmaceutical companies. It was noted that drug companies will find it more difficult to make a profit if innovative drugs are not launched in the near future.


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