News

Germany’s GKV-SV targets to increase medicines’ spending ceiling by 4.6% in 2021

13 October 2020
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The spending adjustments have occurred to account for “the use of innovative drugs” (+4.6%), with a price reductions of -0.2% and a shift between service areas of community physicians and hospitals of +0.2%, according to the agreement dated 1 October.

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White House blocks new FDA safety guidelines on COVID-19 vaccine approval

6 October 2020
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The new FDA guidelines were submitted for approval to the Office of Management and Budget on September 21, although they stalled with White House Chief of Staff, Mark Meadows.

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Medicine Manufacturers Hit Hard by Latest French Healthcare Finance Reforms

2 October 2020
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Recently the French government has published its Social Security Finance Bill 2021 (PLFSS 2021), which covers the annual review of their health and social security expenditure.

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Netherlands new IRP rule to come into effect 1st October 2020

21 August 2020
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The new International Reference Pricing (IRP) rule for The Netherlands takes the current reference basket of countries (Belgium, France, Germany & UK) and swaps Germany for Norway.

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Putin granted approval to the first Coronavirus vaccine despite lack of safety & efficacy data

13 August 2020
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The approval has been granted, despite the vaccine only entering Phase III trials last week. Large-scale Phase III trials, which tend to take several months, are generally perceived as the gold standard to demonstrate the safety and efficacy of vaccines and medicines.

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