UK government to print cost to taxpayer on all medicine above £20

2 July 2015
ukparliament-big

Prescription drugs with a cost to the UK’s National Health Service of more than £20 ($31) will have the price labelled on the packaging, along with the message that the drug was “funded by the UK taxpayer.”

The government says it will reduce spending and encourage patients to take the full course of medication. Jeremy Hunt, the UK health secretary, said it "will not just reduce waste by reminding people of the cost of medicine, but also improve patient care by boosting adherence to drug regimes."

A recent report by the UK government showed that wasted medicines cost the NHS £300 million per year, with £9 million in unused prescription drugs, and £50 million worth of NHS-supplied treatments disposed of unused by care homes.

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