How COVID-19 could revolutionize the UK pharmaceutical procurement landscape – a DOAC procurement case study

15 March 2023
tablets_stock_large

An Expert View from the global consulting firm CRA's Steve Kelly, Mike Hodder and Owen Jones.

Summary

Direct oral anticoagulants (DOACs) are widely used pharmaceutical products which represent a significant cost to the healthcare system. In 2021, National Health Service England (NHSE) spent around £690 million ($840 million) on DOACs in primary care1. Here, we have collated secondary research and insights from UK payers to describe how COVID-19 driven changes resulted in a national therapeutic area tender and how this tender has expanded into a novel procurement framework. The framework has had significant implications for DOACs, driving down prices and influencing payer management of the therapeutic class. Importantly, manufacturers should be aware that given the payer perceived success of this procurement framework, NHSE may implement a similar framework across analogous therapeutic classes to drive cost savings.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical