New PPRS sets out UK pricing
This article was originally published in Scrip
Executive Summary
From February 1st, pharmaceutical companies will have to reduce the prices of their branded drugs in the UK by 3.9%, and by a further 1.9% from January 1st 2010, says the new pharmaceutical price regulation scheme. Further cuts are to be applied on the first of January in 2011 (0.1%), 2012 (0.2%) and 2013 (0.2%).