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Expert Rev Pharmacoecon Outcomes Res · Jun 2009
Pharmaceutical price differences in the EU: investigation from cardiovascular disease drugs.
- Aysegul Timur and Gabriel Picone.
- Hodges University, 2655 Northbrooke Drive, Naples, FL 34119, USA. atimur@hodges.edu
- Expert Rev Pharmacoecon Outcomes Res. 2009 Jun 1; 9 (3): 251-6.
AbstractDespite the market integration through the Single Market Program and European Monetary Union, and coordination efforts by the European Commission, the pharmaceutical industry in the EU has remained as separate markets in each member nation rather than integrated owing to several distinguished characteristics of the industry and member countries. As a result, there are large price differences across EU member nations. Although there are increasing harmonization efforts by the European Commission, price differences among the five major markets remain high. However, evidence from cardiovascular disease drugs shows that the average price paid for these treatments has been decreasing in recent years for five major pharmaceutical countries.
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