The international experience of pharmaceutical products price regulation (on example of Europe)

This article analyzes the international experience of pharmaceutical products price regulation on example of European countries. Setting prices methods for medicines are considered. This article analyzes and gives description of the effectiveness of current methods of pharmaceutical products price regulation used in the countries of Eastern and Western Europe. Depending on their characteristics, the methods are classified into direct and indirect methods of regulation. This article analyzes conditions under which price controls on certain products and the general price level is effective.

pharmaceutical products, medicines, price regulation, methods of direct and indirect price regulation, Europe