UK 'value-based' pricing talks start next month
This article was originally published in Scrip
Executive Summary
Negotiations on the UK's new value-based pricing system are set to begin next month, a joint statement from the Association of the British Pharmaceutical Industry and England's Department of Health has confirmed. The industry association and the government will thrash out the landscape for drugs already on the market. They will also discuss whether value-based pricing will encompass oncology drugs that failed to pass muster with NICE, the health technology appraisal body for England and Wales. At present NICE-rejected oncology drugs can get a second chance for funding in England through the Cancer Drugs Fund.