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An Overview of Medicine Pricing Policies that May be Applicable to Low-and Middle-Income Countries

Author

Listed:
  • Varsha Bangalee
  • Fatima Suleman

    (Discipline of Pharmaceutical Sciences, University of KwaZulu-Natal, South Africa)

Abstract

Escalating medicine costs pose a risk to medicine access, particularly in low-and middle-income countries. Several high-income countries have instituted and documented the effects of pricing interventions to address this risk. Low- and middle-income countries, however, usually have less regulated pharmaceutical markets, with scant documented evidence to support successful policy interventions. Policy options for low- and middle-income countries should be transparent, individually tailored based on a country-specific context and cognisant of the associated risks.

Suggested Citation

  • Varsha Bangalee & Fatima Suleman, 2018. "An Overview of Medicine Pricing Policies that May be Applicable to Low-and Middle-Income Countries," Global Journal of Pharmacy & Pharmaceutical Sciences, Juniper Publishers Inc., vol. 6(4), pages 93-96, October.
    • Handle: RePEc:adp:jgjpps:v:6:y:2018:i:4:p:93-96
    DOI: 10.19080/GJPPS.2018.06.555694
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    References listed on IDEAS

    as
    1. Danzon, Patricia M & Chao, Li-Wei, 2000. "Does Regulation Drive out Competition in Pharmaceutical Markets?," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 311-357, October.
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