Pharma's contribution to UK NHS medicines bill hits £1 billion

9 March 2016
abpi-big-1

The pharma industry has paid the UK’s Department of Health more than £1 billion ($1.42 billion) towards the cost of new medicines, figures published on Wednesday by the Association of the British Pharmaceutical Industry (ABPI) show.

These contributions are part of the voluntary Pharmaceutical Payment Regulation Scheme (PPRS), which is intended to help make the latest treatment affordable for National Health Service (NHS) patients and give them the same level of access to new medicines as those in other European Union countries.

The ABPI figures also reveal that the NHS spend on branded medicines under the PPRS had barely changed from 2014/15 to 2015/16, having gone up by less than 0.5%.

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