STAT+: European Union drug pricing proposal for the pandemic treaty generates pushback
"The European Commission has always been fond of tiered pricing, despite the growing evidence over the last decade and a half that it does not really work," said Ellen ‘t…
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Amid treaty talks to create equitable access to medical products during pandemics, the European Union has proposed pricing language that may put the pharmaceutical industry and advocacy groups on a collision course.
In a proposal submitted earlier this week, the European Union suggested middle-income countries could pay so-called tiered pricing for drugs, vaccines, and other medical products needed during a pandemic. Tiered pricing refers to a range of prices based on different variables, and in this case would involve a country’s population, epidemiological situation, income level, and ability to pay.
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