Industry weighs radical shake-up of European drug pricing

Wholesale adoption of the concept of drug pricing based on clinical results is proposed

Published Fri, Jun 10, 2016 · 09:50 PM

    London

    THE pharmaceutical industry is considering a radical shift in the way it prices drugs in Europe so companies are rewarded for the clinical benefit of treatments rather than the number of pills sold, according to an internal report.

    The high price of drugs is straining Europe's cash-strapped health systems and depriving some patients of the latest products, to the concern of manufacturers who argue they can save costs in the long run by keeping people out of hospital.