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Published 22 August 2008, doi:10.1136/bmj.a1422
Cite this as: BMJ 2008;337:a1422
Michael Day
1 London
| The first 150 words of the full text of this article appear below. |
An unprecedented attack on drug companies prices by the head of Englands drug approvals body shows that it is jockeying for a key role in the forthcoming overhaul of drug pricing, observers say.
Michael Rawlins, who chairs the National Institute for Health and Clinical Excellence (NICE), has criticised the industry for profiteering. In an interview in The Observer (www.guardian.co.uk, 17 Aug, "Health chief attacks drug giants over huge profits") he said that drug companies aimed for "double-digit growth year on year ... not least because their senior managements earnings are related to the share price."
"All these perverse incentives drive the price up," he said.
His comments came after NICE was criticised fiercely for failing to approve a batch of new kidney cancer drugs (BMJ 2008;337:a1262, 14 Aug, doi: 10.1136/bmj.a1262).
Joe Collier, an emeritus professor of medicines policy at St Georges, University of London, said that
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