Drug price regulation

Book section: Drug prices are regulated in a legal framework that organizes the negotiation between pharmaceutical firms and a third-party payer responsible for healthcare reimbursement. This regulation aims at compensating for market failures associated with drug specificities. Explicit economic reasoning through the socalled health technology assessment framework is increasingly embedded in the institutional and administrative process of the evaluation procedure leading to market access, pricing and reimbursement for new drugs.

Author(s)

Jean-Michel Josselin, Laurie Rachet Jacquet, Véronique Raimond, Lise Rochaix

Publisher(s)
  • Springer Science+Business Media LLC 2017
Scientific editor(s)
  • Alain Marciano, Giovanni Battista Ramello
Title of the work
  • Encyclopedia of Law and Economics
Date of publication
  • 2017
Keywords
  • Drug prices
  • Prices regulation
Pages
  • 1-8
Version
  • 1