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Using International Reference Pricing for US Government Drug Purchases

Journal: International Research Journal of Pharmacy and Medical Sciences (IRJPMS) (Vol.4, No. 1)

Publication Date:

Authors : ;

Page : 29-30

Keywords : ;

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Abstract

International Reference Pricing is a mechanism used by many nations to set purchase prices from drug manufacturers by comparing purchase prices in other nations. The US has avoided using International Reference Pricing because of manufacturers' opposition. A recently issued Presidential Executive Order may signal a serious consideration of the practice

Last modified: 2021-01-21 16:41:18