Literature DB >> 26088919

Implications of external price referencing of pharmaceuticals in Middle East countries.

Zoltán Kaló1,2, Ibrahim Alabbadi3, Ola Ghaleb Al Ahdab4, Maryam Alowayesh5, Mahmoud Elmahdawy6, Abdulaziz H Al-Saggabi7, Vito Luigi Tanzi8, Daoud Al-Badriyeh9, Hamad S Alsultan10, Faleh Mohamed Hussain Ali11, Gihan H Elsisi6, Kasem S Akhras12, Zoltán Vokó1,2, Panos Kanavos13.   

Abstract

INTRODUCTION: External price referencing (EPR) is applied frequently to control pharmaceutical prices. Our objective was to analyse how EPR is used in Middle Eastern (ME) countries and to compare the price corridor for original pharmaceuticals to non-pharmaceutical services not subjected to EPR.
METHODS: We conducted a survey on EPR regulations and collected prices of 16 patented pharmaceuticals and 14 non-pharmaceutical services in seven Middle Eastern (ME) countries. Maximum and minimum prices of each pharmaceutical and non-pharmaceutical technology were compared to mean prices in the countries studied by using market exchange rates. Influencing factors of pharmaceutical prices were assessed by multivariate linear regression analysis.
RESULTS: The average price corridor is narrower for pharmaceuticals (-39.8%; +35.9%) than for outpatient and hospital services (-81.7%; +96.3%).
CONCLUSION: Our analysis revealed the importance of population size and EPR implementation on drug price levels; however, EPR results in higher pharmaceutical prices in lower-income countries compared to non-pharmaceutical services.

Entities:  

Keywords:  Middle East countries; cross-national price comparison; external reference pricing; international society of pharmacoeconomics and outcomes research; pharmaceutical pricing; price corridor for pharmaceuticals

Mesh:

Substances:

Year:  2015        PMID: 26088919     DOI: 10.1586/14737167.2015.1048227

Source DB:  PubMed          Journal:  Expert Rev Pharmacoecon Outcomes Res        ISSN: 1473-7167            Impact factor:   2.217


  6 in total

1.  International impact of external reference pricing: should national policy-makers care?

Authors:  Anna-Maria Fontrier; Jennifer Gill; Panos Kanavos
Journal:  Eur J Health Econ       Date:  2019-07-09

2.  Variations in external reference pricing implementation: does it matter for public policy?

Authors:  Jennifer Gill; Anna-Maria Fontrier; Dionysis Kyriopoulos; Panos Kanavos
Journal:  Eur J Health Econ       Date:  2019-08-23

3.  Higher pharmaceutical public expenditure after direct price control: improved access or induced demand? The Colombian case.

Authors:  Sergio I Prada; Victoria E Soto; Tatiana S Andia; Claudia P Vaca; Álvaro A Morales; Sergio R Márquez; Alejandro Gaviria
Journal:  Cost Eff Resour Alloc       Date:  2018-03-02

4.  Evolution of Average European Medicine Prices: Implications for the Methodology of External Price Referencing.

Authors:  Sabine Vogler; Peter Schneider; Nina Zimmermann
Journal:  Pharmacoecon Open       Date:  2019-09

5.  Price-Cutting Trends in New Drugs after Listing in South Korea: The Effect of the Reimbursement Review Pathway on Price Reduction.

Authors:  Sungju Kim; Jong Hyuk Lee
Journal:  Healthcare (Basel)       Date:  2020-07-26

Review 6.  Healthcare financing in Egypt: a systematic literature review.

Authors:  Ahmad Fasseeh; Baher ElEzbawy; Wessam Adly; Rawda ElShahawy; Mohsen George; Sherif Abaza; Amr ElShalakani; Zoltán Kaló
Journal:  J Egypt Public Health Assoc       Date:  2022-01-07
  6 in total

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