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International pharmaceutical price differences

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Author Info
Productivity Commission
Abstract

The study compares manufacturer prices in Australia and seven other countries for 150 pharmaceuticals listed on the Pharmaceutical Benefits Scheme (PBS), as at 30 June 2000. The comprehensive study found that prices in the USA are between 80 to 160 per cent higher than in Australia, and prices in Canada, the UK and Sweden are around 50 per cent higher. Prices in Australia are closer to those in France, and about the same as those in Spain and New Zealand.

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File URL: http://129.3.20.41/eps/othr/papers/0107/0107004.pdf
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Paper provided by EconWPA in its series Others with number 0107004.

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Date of creation: 23 Jul 2001
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Handle: RePEc:wpa:wuwpot:0107004

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Web page: http://129.3.20.41

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Related research
Keywords: pharmaceuticals - pricing - drugs - Pharmaceutical Benefit Scheme - PBS - subsidy - price comparisons - therapeutic groups - molecules;

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Find related papers by JEL classification:
F - International Economics
I - Health, Education, and Welfare
Z - Other Special Topics

This paper has been announced in the following NEP Reports:

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  1. John Quiggin, 2005. "How to kill a country?: The USÐAustralia Free Trade Agreement, pharmaceuticals and intellectual property," Australian Public Policy Program Working Papers WP1P05, Risk and Sustainable Management Group, University of Queensland. [Downloadable!]
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