BioCentury
ARTICLE | Politics & Policy

U.K. to unveil drug pricing details Wednesday

November 6, 2013 1:50 AM UTC

The U.K. Department of Health and the Association of the British Pharmaceutical Industry (ABPI) will release details on Wednesday on a new, voluntary Pharmaceutical Price Regulation Scheme (PPRS), which will cover pricing for the majority of drugs on the market as of Dec. 31. The parties, which negotiated for the new PPRS, declined to provide details ahead of Wednesday's announcement. The new scheme is slated to take effect in January 2014 and would replace the existing voluntary PPRS, which has been in effect since 2009 and is set to expire at the end of the year. ...