Put a Fork in the Pricing Pendulum

When it comes to drugs, all pricing is not created equal. Far from it.

In Greece, the pneumonia vaccine ranges from $9 per immunization to $168; France pays $189; Lebanon $243; India $60. These swings and roundabouts sum up a “broken” drug pricing system worldwide, says Fatima Suleman, a pharmaceutical policy specialist at the University of KwaZulu-Natal.

This past weekend at the WHO-sponsored Fair Pricing Forum, she helped hash out pricing solutions that could also sweeten the deal for drug makers. But, she insists, Big Pharma transparency is paramount. For starters: “Tell us what your research and development costs are,” she says.

NPR Goats and Soda

 

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