UK pharma industry objects to proposed budget cap on new products

20 January 2017

The trade association for the British pharmaceutical industry, the ABPI, has outlined its objections to new NICE/NHS England proposals on evaluating and funding new medicines.

UK health costs watchdog the National Institute for Health and Care Excellence (NICE) and national healthcare provider the National Health Service (NHS) made their suggestions in a public consultation document.

The changes would see the introduction of a fast-track option for appraising technologies which are deemed to offer “exceptional value for money”.

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