New agreement on drug pricing to allow state funding of new medicines in Ireland

26 September 2016
ireland-big

The Irish Pharmaceutical Healthcare Association (IPHA) has agreed a new four-year framework agreement with the government for an economic and secure supply of medicines for patients, the trade group announced last week.

The agreement will see total savings of 785 million euros ($880 million) from IPHA member companies, an average of nearly 200 million euros a year.

Dr Leisha Daly, president of the IPHA, who led the IPHA delegation during negotiations, commented: “It is essential that patients have early access to life-saving and life-enhancing new medicines. This agreement is the best way to make that happen. It offers a clear process and sustainable pricing so that new medicines can be made available quickly to patients in Ireland. With this agreement in place, patients and their doctors can rightly expect that priority will be given to funding innovative, new medicines in the health services.”

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



Today's issue

Company Spotlight





More Features in Pharmaceutical