Pharmaceutical price differences in the EU: investigation from cardiovascular disease drugs.
Despite the market integration through the Single Market Program and European Monetary Union, and coordination efforts by the European Commission, the pharmaceutical industry in the EU has remained as separate markets in each member nation rather than integrated owing to several distinguished characteristics of the industry and member countries. As a result, there are large price differences across EU member nations. Although there are increasing harmonization efforts by the European Commission, price differences among the five major markets remain high. However, evidence from cardiovascular disease drugs shows that the average price paid for these treatments has been decreasing in recent years for five major pharmaceutical countries.
Timur
Aysegul
A
Hodges University, 2655 Northbrooke Drive, Naples, FL 34119, USA. atimur@hodges.edu
Picone
Gabriel
G
D002317:Cardiovascular Agents / Q000191:economics*; D016527:Drug Costs / Q000706:statistics & numerical data* / Q000639:trends; D004345:Drug Industry / Q000191:economics* / Q000458:organization & administration / Q000639:trends; D005062:European Union / Q000191:economics; D006801:Humans
D002317:Cardiovascular Agents