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The UK organisation NICE I think is doing well in establishing rational practices for drugs which the UK's National Health Service should or should not buy, at what price and whether there should be sharing of risk dependent on patient outcome. It's had some early controversy, but I think most people would say that it's doing a good job. So I think there are approaches to finding solutions and working out whether or not a drug is worth the price.
High Drug Pricing Next Industry Challenge?
The good news from 2012 might be that more drugs were actually approved (39) than in the very recent past -- but the bad news is that many were VERY expensive. Xconomy's Luke Timmerman did a nice piece summarizing this a couple of days ago. It seems that many of the very high priced drugs are ...
Congratulations! Your blog is excellent and deserves lots of views. Your opinions and questions are very thoughtful and focus on what really matters. I wish we had more sites in the UK and Europe that could provide such analysis for what is happening here.
Today, my much more humble blog finally made it to 200 views, which I'm quite happy about.
I wish you continued success.
Made It to 175,000th Page View!
Yay! Posted by Bruce Lehr Jul 18th 2012.
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