Jump to: Page Content, Site Navigation, Site Search,
You are seeing this message because your web browser does not support basic web standards. Find out more about why this message is appearing and what you can do to make your experience on this site better.
BMJ 2007;335:273 (11 August), doi:10.1136/bmj.39300.405822.DB
Nicholas Timmins, public policy editor, Financial Times
| The first 150 words of the full text of this article appear below. |
Ministers want to switch the way the NHS pays for the £8bn (
12bn; $16bn) worth of branded drugs that it buys each year. They want to move to a system in which drug prices are based on the benefits they bring to patients—and it seems they want to do so quickly.
The radical move comes after a report from the Office of Fair Trading (OFT) in February that recommended such a shift from 2010, when the current 50 year old pharmaceutical price regulation scheme (PPRS) becomes due for its five yearly renewal (BMJ 2007;334:383 doi: 10.1136/bmj.39133.543438.DB) .
The industry had been expecting a response but not last week's announcement that ministers want a renegotiation now.
A "value based" scheme would aim to allow higher prices for drugs that are more effective—a move that the OFT argues would stimulate innovation. Lower prices would be paid for more marginal
![]()
CiteULike
Complore
Connotea
Del.icio.us
Digg
Reddit
StumbleUpon
Technorati What's this?