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HIV Pricing Strategies in the US and UK

Published by: Datamonitor

Published: Apr. 7, 2003 - 39 Pages


Table of Contents


EXECUTIVE SUMMARY

Introduction

Scope and coverage of the Brief

Two key things you need to know about HIV pricing strategies

PRICING OF HIV DRUGS

Introduction to HIV drug pricing

Goals of HIV drug pricing

Competition pricing strategies employed by HIV drug manufacturers

US HIV pricing strategies

Pricing regulations in the UK

Pricing comparisons between the US and UK

PRICING CASE STUDIES

BMS vs GSK

Combivir vs Trizivir

Abbott’s HIV Portfolio - Kaletra

Role of patient advocacy

What do companies need to do to justify setting high price points?

APPENDIX

Bibliography

Disclaimer

Abstract

Introduction
This brief provides an overview of HIV drug pricing strategies in the US and UK. The US market represents the largest and most interesting market for the pharmaceutical industry. The UK market is also profitable to the pharmaceutical industry, but is constrained by restrictions set by the Pharmaceutical Pricing and Regulation Scheme.

Scope
Competition pricing strategies employed by HIV drug manufacturers are discussed

Analysis of current price points of HIV drugs in the US and UK is provided

BMS versus GSK pricing strategies

Consolidation of Abbott’s HIV portfolio and its pricing

Report Highlights
Pricing strategies between the US and UK differ in price points set for reformulated and novel drugs, for example BMS' Videx and Videx EC, GlaxoSmithKline's Combivir and Trizivir.

Roche’s Fuzeon has been priced at $20,500 within the EU. Datamonitor anticipates that the US price will be even higher, thereby potentially limiting patient and physician uptake.

HIV companies can afford to set high price points for novel classes of antiretrovirals, but only if product differentiation can be shown and superior efficacy proven

Reasons to Purchase
Benchmark your HIV pricing strategies against current industry practice

Optimize pricing strategy and ensure optimal patient uptake



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