The German pharmaceutical industry association, the BPI, has opposed the promotion by the rival association of research-based drug firms, the VFA, for a tripartite division of the German drug market. The VFA recommends that vital medicines, mainly new and innovative products, should be fully reimbursed by the health funds, while "controversial" drug products should be partially reimbursed and the remainder excluded from reimbursement altogether.
The VFA's case is that if modern drugs prove inadequate to finance pharmaceutical R&D, the capacity of the industry to innovate will be weakened.
BPI president Hans Rudiger Vogel said this is the wrong way to approach the market, and asked what would happen if most drugs prescribed in the course of daily medical treatment were no longer covered by reimbursement. Claiming that patients would be given the impression that their illnesses were trivial, he said that while "a clear yes or no" rarely obtains in the inexact science of medicine, "there are no banalities." Faced with widespread exclusion of groups of drugs from reimbursement, doctors would move to prescribing newer, highly-effective and costly drugs.
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 accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
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
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze