The myths of parallel trade in medicines

Parallel trade in medicines brings direct savings for the destination country, as well as an important element of price competition to patented medicines. Attempts by manufacturers to stifle parallel trade are usually illegal, as well as counter-productive. Two current examples supply quota systems...

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Veröffentlicht in:Consumer Policy Review 2004-01, Vol.14 (1), p.13
1. Verfasser: Macarthur, Donald
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description Parallel trade in medicines brings direct savings for the destination country, as well as an important element of price competition to patented medicines. Attempts by manufacturers to stifle parallel trade are usually illegal, as well as counter-productive. Two current examples supply quota systems and free pricing with rebates - are described. This article develops themes that were raised in an earlier article 'Parallel trading of medicines: the case for a fair deal' (Consumer Policy Review 2001; 11:6-10). [PUBLICATION ABSTRACT]
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subjects Competition
Cost control
Free trade
Health care policy
Health insurance
International law
International trade
Manufacturers
Patients
Pharmaceutical industry
Prescription drugs
Pricing policies
Reimbursement
Statistical data
Wholesalers
title The myths of parallel trade in medicines
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