Preferred Terms


Pricing

Abbrev:

Synonym Terms:

Price control, price regulation

Definition:

Action by a government authority to set the price of a medicine and/or indirectly influence it (e.g. through pricing policies) for different price types (e.g. ex-factory price, pharmacy retail price) and to monitor and review and eventually adapt it.
Criteria for setting prices include prices in the same country or other countries, (added) therapeutic benefit, (production) costs and return on investment