TITLE

Germany moves to lower drug prices

AUTHOR(S)
Kupferschmidt, Kai
PUB. DATE
February 2011
SOURCE
CMAJ: Canadian Medical Association Journal;2/8/2011, Vol. 183 Issue 2, pE77
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports on the adoption of a government legislation on drug pricing in Germany entitled "The Act for the Restructuring of the Pharmaceutical Market" on January 1, 2011. According to the author, the law grants pharmaceutical companies to settle drug prices and secure its benefit throughout the first 12 months commercialization so that it will not be included in a reference-pricing scheme. It adds that the adoption of the legislation was hoped to decrease drug costs for Germans.
ACCESSION #
58645009

 

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