BGMA Welcomes ‘Differentiated’ Approach To UK Statutory Scheme
Off-Patent Industry Association Praises Government’s ‘Lifecycle Adjustment’ Rebate Proposal
Executive Summary
Proposals published by the UK government as part of a consultation on its statutory scheme for branded medicine pricing have been welcomed by local off-patent industry association the BGMA. The proposals include a “lifecycle adjustment” mechanism to allow a lower rebate rate for medicines being sold in competitive markets.