France extends scope of drug price cut plan
As anticipated (Marketletter June 11), French Labor Minister ElisabethGuigou has now announced the outline of a plan aimed at cutting drug spending by 4-5 billion French francs ($516-$645 million).
Protests by the industry, led by the sector group SNIP, seem to have persuaded her to discuss the plan's fine detail with drugmakers before closing the hatches on a controversial project. However, and worryingly for the industry, she said the cuts would not only involve drugs judged to be less effective, but also those with "significant market penetration," a category which seems aimed at covering drugs launched some years ago.
"Ineffective" drugs not to be de-reimbursed
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