Europe struggles to face down Big Pharma

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  • Knocking down drug prices requires more than bargaining as a group.

Belgium and the Netherlands teamed up three years ago to negotiate cheaper drugs in the hopes of forming a new front against Big Pharma’s high prices.

  • Carmen Paun
  • Politico

It was an attractive idea: Banding together, EU health ministries would wield bargaining power against pharma companies based on their bigger patient pool.

Aen 1aLuxembourg, Austria and Ireland agreed with the logic and signed on, stung into action as drug prices reached eye-popping highs.

Hepatitis C drug…

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