Pharmaceutical Prices in the 21st Century

The book is an essential, comprehensive text onglobal drug pricing and covers a range of pharmaceutical pricing issues. It has twenty-two chapters in total;nineteenof which are case studieson an array of high, middle, and low income countries. The final t

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Pharmaceutical Prices in the 21st Century

Pharmaceutical Prices in the 21st Century

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Zaheer-Ud-Din Babar Editor

Pharmaceutical Prices in the 21st Century

Editor Zaheer-Ud-Din Babar Faculty of Medical and Health Sciences University of Auckland Auckland New Zealand

ISBN 978-3-319-12168-0 ISBN 978-3-319-12169-7 (eBook) DOI 10.1007/978-3-319-12169-7 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2014958090 © Springer International Publishing Switzerland 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

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Preface

Drug prices impact the population in general; however, the issues related to prices are changing fast in an economically diverse environment where the face of health is changing and technological development is exponential. In low- and middleincome countries, the price of medicine is the single most important factor determining availability and affordability. In high-income countries, where medicine reimbursement systems are often in place, the price may have less impact on affordability for consumers; however, drug prices are important for governments, for insurance companies, and for drug buying agencies. This book provides a detailed account