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Velpanat 400Mg Suppliers Price India | Moderntimes-Medicine - 1 views

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    Velpanat 400Mg Suppliers Price India, , we are leading suppliers and exporters of velpanat 400mg (Velpatasvir and Sofosbuvir) tablets in China, Russia, Hongkong, India. Modern times medicine provide the best price on Velpanat 400 Mg tablet which you can- not buy from other venders. As a leading suppliers we ensure our customers that we are commited to on-time deliverly of the product that you buy from us. We are leading suppliers & exporters of "Velpanat 400Mg" in China, Russia, Hongkong, Bulgaria, Romania, India, Uk, USA. We're largest suppliers of Natco medicines & provide you the best price on Velpanat. The lowest price sellers, suppliers, distributors & Exporters from Delhi. For more info please contact us. Online Velpanat 400Mg tablet suppliers in India Velpanat 400Mg Suppliers India, Velpanat 400Mg Suppliers Russia, Velpanat tablet is a fixed-dose combination tablet containing sofosbuvir and velpatasvir for oral administration which are direct-acting antiviral agents against the hepatits C virus. Sofosbuvir is a nucleotide analog HCV NS5B polymerase inhibitor and velpatasvir is an NS5A inhibitor. Velpanat-tablet contains 400 mg of sofosbuvir and 100 mg of velpatasvir 100mg each tablets. the each tablet of it include the following inactive ingredients:copovidone, croscarmellose sodium, magnesium stearate, and microcrystalline cellulose. Film coated of velpanat medicine each tablet- sofosbuvir 400 mg and ledipasvir 90 mg with a coating material containing the following inactive ingredients: Titanium Dioxide IP and Brilliant blue FCF, polyethylene glycol, polyvinyl alcohol and titanium dioxide. The effect of sofosbuvir 400 mg (recommended dosage) and 1200 mg (three times the recommended dosage) on QTc interval was evaluted in an active-controlled (moxifloxacin 400 mg) thorough QT trial. Buy Online Suppliers price of Velpanat 400Mg India Details of velpanat tablet- Brand name - Velpanat Tablets Generic of medicine - Velpatasvir and Sofsob
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Buy Votrient 200Mg Tablet Price India | Moderntimes-Medicine - 0 views

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    Buy Votrient 200 Mg Pazopanib Hydrochloride Tablets India-Russia , Votrient-200Mg is not a chemotherapy drug but one of many "targeted therapies." Targeted therapy is the result of about 100 years of research dedicated to understanding the differences between cancer cells and normal cells. We are leading suppliers & exporters of "Votrient 200Mg" in China, Russia, Hongkong, Bulgaria, Romania, India, UK, USA. We're largest suppliers of Glaxo Smith Kline medicines & provide you the best price on Votrient. The lowest price sellers, suppliers, distributors & Exporters from Delhi. For more info please contact us. Buy Votrient 200 Mg Pazopanib Hydrochloride Tablets India Votrient 200Mg Suppliers India Pazopanib is used to treat kidney cancer. It may also be used to treat certain other types of cancer (soft tissue sarcoma). Pazopanib belongs to a class of drugs known as Tyrosine Kinase Inhibitors. It works by decreasing the blood supply to the cancer tumor to slow tumor growth. VOTRIENT may shrink or slow the growth of the cancer by interfering with the function of a protein called vascular endothelial growth factor. It is used to treat adults with metastatic renal cell carcinoma, a form of kidney cancer.. Itmay shrink or slow the growth of kidney cancer for a period of time. we are leading suppliers & exporters of Votrient 200Mg Pazopanib Hydrochloride Tablet in China, Russia, Hongkong, Bulgaria, Romania, India, UK, USA and many more And the largest suppliers-exporters of "Glaxo smith Kline" medicines & provide you the best price on Votrient 200Mg Pazopanib Hydrochloride Tablet. The lowest price sellers, suppliers, distributors & Exporters from Delhi For More Info Please Contact us. Brand Name - Votrient Generic - Pazopanib Hydrochloride Strength - 200 Mg Form - Tablets Packing - 1 X 30 Manufactured by - Glaxo smith Kline Warning: Votrient 200Mg medicine out of the reach and sight of children and away from pets, never share your medic
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Abirapro 120 Tablets Suppliers India | Moderntimes-Medicine - 0 views

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    Abirapro 120 Tablets Suppliers in India, Abirapro contains Abiraterone Acetate. Abirapro is manufactured by Glenmark Pharma. This Medicine is available in 250 Mg Tablets Form. We are leading suppliers & exporters of "Abirapro 250Mg" in China, Russia, Hongkong, Bulgaria, Romania, India. And the largest suppliers-exporters of "Glenmarks Onkos" medicines & provide you the best price on Abirapro Abiraterone acetate. The lowest price sellers, suppliers, distributors & Exporters from Delhi-India. Abirapro 250 mg Tablet is an anticancer drug basically used in men along with another drug called prednisone for the treatment of prostate cancer that has spread to other parts of the body. As It is generally used in patients who are not responding to other treatment options. Abirapro 120 Tablets Suppliers in India Abirapro 120 Tablets Suppliers in India, Abirapro 120 Tablets Suppliers in Russia Buy Online Abirapro 120 Tablets Buy Now Description: Brand name - Abirapro Generic name - Abiraterone acetate Strength - 250 Mg Form - Tablets Packing - 1 X 120 Manufactured by - Glenmark (onkos) it's a Glenmarks Oncolgy anti cancer Division Usage : Clinical Packaging Type : Box Expert Advice:Well "Abirapro 250 mg Tablet" treats prostate cancer that has spread to other parts of the body. Usually it can be taken with another medicine called prednisolone to reduce unwanted side effects. Always remember that it must be taken on an empty stomach. Don't eat any food for at least 2 hours before or 1 hour after your dose. How It Works: Take Abirapro 250 mg Tablet as instructed by your doctor. Don't take it in larger amounts as advised/prescribed. Immediately Consult the doctor if you experience any undesirable side effects. Be sure that the treatment course is completed. Don't stop the use of this medicine/tablet without consulting your doctor. Note: Abirapro 250Mg is a prescription Drug and should be used under Proper Medical Guidance and Advice. Do no
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BGMA Support: Innovating Pharma Scheme | UK - 0 views

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    The British Generic Manufacturers Association has backed the UK government's proposed changes to the Statutory Scheme for branded medicines, which includes a 'Life Cycle Adjustment' (LCA) mechanism to permit a lower rebate rate for medicines sold in competitive markets. The association underscored the necessity for crucial amendments to forestall unintended consequences and ensure a practical alignment with market operations. A precisely tailored approach is crucial in ensuring sustainability and growth in this sector, the BGMA said in a statement on Oct. 11. The Department of Health and Social Care is currently working on the successor to the 2019 voluntary scheme for branded medicines and pricing access (VPAS) agreement, slated to end in 2023. Negotiations for this successor, scheduled to begin on January 1, 2024, are already underway. "We are pleased that the Statutory Scheme consultation recognises that branded generic and biosimilar medicines are subject to different market dynamics and competitive pressures," said Mark Samuels, Chief Executive of BGMA. "As such, a one-size-fits-all approach across all branded products is not suitable for the next five years. It is crucial to adopt a precisely tailored approach to this sector, ensuring both sustainability and growth."
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Sorafenat 200mg tablet price in India | Moderntimes-Medicine - 0 views

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    Buy Online Sorafenat 200mg tablet price in India, Sorafenat is a malignancy (chemotherapeutic) prescription. Sorafenat, made by Natco, contains Sorafenib Tosylate as dynamic fixing. It is a medicine oncology tranquilize that ought to be utilized underappropriate restorative direction and guidance. We are leading suppliers & exporters of "Sorafenat 200Mg" in China, Russia, Hongkong, Bulgaria, Romania, India, Uk, USA. We're largest suppliers of Natco medicines & provide you the best price on Soafenat. The lowest price sellers, suppliers, distributors & Exporters from Delhi. For more info please contact us Buy Sorafenat 200Mg Tablet Suppliers Price in India sorafenat-tablets-suppliers-india Sorafenat 200Mg Tablets Product Description: Brand Name: Sorafenat Generic Name: Sorafenib Strength: 200mg Package: Pack of 60 & 120 Tablets Form: Tablets Manufactured by: Natco Pharma Ltd The Doctor's mostly prescribed Drug "Sorafenat 200Mg Tablet" twice in a day. It should be taken a couple of hours before taking your meal. You can gulp Sorafenat 200Mg Tablet down with the help of normal water, but be ensure you take it whole. Don't crush or break the tablet. Go for your regular blood pressure checks, when you are taking Sorafenat 200Mg Tablet. When it comes to storage of this drug, do not let it come in contact with heat or moisture. Try not to convey the pharmaceutical to others, since they might experience the ill effects of an issue that is not adequately treated by this medication. Sorafenat is an effective drug for treatment of cancer disease, The Sorafenat 200Mg Tablet is responsible for preventing , development & multiplication of cancer cells. And that is why this drug could be used in the treatment of the patients suffering from thyroid cancer, liver cancer or as well as renal cancer. Buy Online Sorafenat 200 Mg Tablet Exporters Price India sorafenat 200mg Suppliers price India We are very thankful to come on this website "Sorafenat 200Mg S
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    Presently, In the US, around 12% of women develop breast cancer over the course of their lifetime. In Canada, an estimated 26,900 women were expected to be diagnosed with breast cancer in 2019 and breast cancer accounts for nearly 25% of new cases of cancer among Canadian women. Download complete report summary @ http://bit.ly/2vsEa1D
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BGMA: More than 50% of UK generics face shortages without licensed alternatives - 0 views

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    A recent report by the British Generic Manufacturers Association (BGMA) has shed light on ongoing supply challenges in England's generic medicines market, revealing significant issues impacting patient care. The report highlights significant challenges faced in supply of medicines as currently, 51.72 per cent of generics in short supply lack licensed alternatives, posing substantial hurdles to ensuring continuous patient care. Additionally, 39.08 per cent of affected generics are branded, indicating widespread disruptions across the market. A notable 26.44 per cent of generics experiencing shortages have been affected for over six months, highlighting persistent difficulties in supply chain management. The report indicates that 0.15 per cent of generic medicine presentations listed in the Drug Tariff are currently facing supply issues, impacting accessibility nationwide.
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Palbace 125Mg Capsules Supplier India | Moderntimes-Medicine - 0 views

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    Palbace 125 Mg Capsules Suppliers-exporters India , Palbace a 125Mg Capsule is employed within the treatment of carcinoma. It's additionally wont to treat patients with bound varieties of carcinoma (estrogen receptor-positive, human stratum protein receptor 2-negative) that have unfold to alternative organs. it's given in conjunction with secretion malignant tumor therapies. We are leading suppliers & exporters of "Palbace 125Mg" in China, Russia, Hongkong, Bulgaria, Romania, India. We're largest suppliers of Pfizer India medicines & provide you the best price on Palbace 125Mg. The lowest price sellers, suppliers, distributors & Exporters from Delhi. For more info please contact us. Buy Online Palbace 125Mg Suppliers Price India Palbace 125Mg suppliers India Palbace 125mg Capsules Palbace (known as IBRANCE in other parts of the world) or palbociclib by Pfizer is a cancer drug that interferes with the growth and spread of cancer cells in the body. Description Brand Name: Palbace Generic Name: Palbociclib Strength: 125mg Packing: 21 Capsules in a bottle Form: Tablets Palbace125Mg is generally used in combination with letrozole or fulvestrant (Faslodex) for treating certain types of advanced breast cancer in postmenopausal women. It is also given in combination with another cancer medicine, either letrozole (Femara) or fulvestrant (Faslodex). Palbace is a renamed version of the drug Ibrance for the Indian market. It is verified by the US Food and Drug Administration (FDA). In clinical studies, palbociclib appeared to increase survival time of patients. Palbace comes in capsule form in 125 mg dose. 1 pack has 21 capsules. How Palbace125Mg capsules works ? Palbace 125mg capsule is an anti-cancer medication. It works by busy bodied with a enzyme, a sort of supermolecule within the body that helps management biological process. This stops cancer cells from dividing and growing. It is additionally won't to treat patients with bound kinds of carc
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    Presently, In the US, around 12% of women develop breast cancer over the course of their lifetime. In Canada, an estimated 26,900 women were expected to be diagnosed with breast cancer in 2019 and breast cancer accounts for nearly 25% of new cases of cancer among Canadian women. Download complete report summary @ http://bit.ly/2vsEa1D
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Smart deals saved taxpayers £1.2b on medicines procurement - 0 views

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    The NHS claims that it's been able to save taxpayers £1.2 billion in just three years by procuring hundreds of hospital medicines at a better price. The adoption of cheaper versions of a single drug - adalimumab - which is used to treat more than 45,000 patients with rheumatoid arthritis, inflammatory bowel disease and psoriasis, has accounted for about one third of the savings. After the exclusive patent on the drug - originally known as its brand name Humira - expired in 2018, the NHS struck cost-saving deals to bulk-buy generic versions, which have the same quality, safety and efficacy of a branded one. Since then, tens of millions of pounds have been saved by buying cheaper generic versions of other medicines for conditions ranging from severe skin infections to aggressive blood cancers. Four in five medicines prescribed in the NHS are now non-branded, helping the NHS to achieve significant savings while ensuring the continuity of high-quality patient care. NHS chief executive Amanda Pritchard said: "Smart deals by the NHS mean patients are getting the best medicines and taxpayers are getting best value.
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Billions Lost: NHS Faces £1B Hit as Biologic Patents Expire - 0 views

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    The NHS is on track to miss out on savings of over a billion pounds as patents for a new lineup of 85 biologics are set to expire within the next five years, the British Generic Manufacturers Association has revealed in its new study. The government's Voluntary Scheme for Branded Medicines Pricing and Access is expected to lead to a cost of more than £1 billion for the NHS in the coming years. The BGMA research found that more than 85 biological medicines will experience loss of exclusivity during the upcoming VPAS Scheme period from 2024 to 2028. "This includes blockbuster products like the cancer medicine Keytruda and wet macular product Eylea, which together generate approximately $25 billion in global sales," BGMA said. "The molecules coming off-patent also cover other disease areas including oncology, diabetes, arthritis, and asthma." While biological medicines dominate the medicines budget, constituting the largest cost and cost growth sectors, NHS England aims to expedite biosimilar availability, yielding substantial savings and expanding patient access to vital treatments. Yet, the report found that "this is jeopardised by the influence of the VPAS Scheme".
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Pirfenex 200Mg Tablet Suppliers India | Moderntimes-Medicine - 0 views

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    Pirfenex 200Mg Tablets Suppliers India, Pirfenex® is a famous product on international market for pirfenidone, an oral medication used for the treatment of idiopathic pulmonary fibrosis (IPF). Each pack coated tablet pirfenidone 200 Mg. We are leading suppliers & exporters of "Pirfenex 200 Mg Cipla Pirfenidone Tablet" in China, Russia, Hongkong, Bulgaria, Romania, India. As we are a largest suppliers and exporters of Cipla medicines & provide you the best price on Pirfenex 200 Mg Cipla Pirfenidone Tablet. The lowest price Sellers, Suppliers, Distributors & Exporters from Delhi. For more info please contact Us. Buy Online Pirfenex 200Mg Cipla Pirfenidone Tablet in Russia-China-India Pirfenex tablets suppliers India Pirfenex 200Mg Pirfenex200 Mg Cipla Pirfenidone Tablet include chemical salt Pirfenidone 200 Mg. Pirfenex comes in 200 Mg Stength. Pirfenex available in 30 tablets pack. Pirfenex is manufactured by Cipla. Of these, the bleomycin model is the most widely used model of pulmonary fibrosis. Medicine Detail: Brand Name: Pirfenex Chemical salt: Pirfenidone Strength: 200 mg Packing: 30 Tablets Form: Tablet Manufactured: Cipla Ltd Pirfenex200mg Pirfenidone Tablet is an antifibrotic agent and used to treat gentle cases of a lung disease namely idiopathic pulmonary fibrosis. While the exact working of this medication is not known. On utilizing this medication you will expertise aspect effects like muscle pain, sneezing, dizziness, reduced craving, sharp weight loss, issue with sleeping, heartburn, acidity, amendment in style, weakness, fatigue, headache, runny nose, indigestion, diarrhea, nausea, vomiting, rash and redness. If you face any hypersensitivity or adverse reactions request the assistance of your health care supplier directly. Before using this drug give notice to your doctor if: you're allergic to any of the ingredients contained at intervals Pirfenex200mg tablets, you've got liver /kidney issues, you've got the other allergies,
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BGMA:VPAS exemption for branded generics and biosimilars - 0 views

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    The British Generic Medicines Association (BGMA) has called for exemption from the Voluntary Scheme for Branded Medicines Pricing and Access (VPAS), an agreement between the UK Government, NHS England, and the pharmaceutical industry for branded generics and biosimilars. "Due to the rising rate of VPAS on top of existing competition, manufacturers are finding the additional levy economically unviable given their already low prices," the association said. According to research by the Office of Health Economics OHE and Professor Alistair McGuire (LSE) the rising rate of VPAS will force manufacturers pull out of the market which may lead to prices rise due to a lack of competition and critical savings to the NHS will be lost. The new study stated that Government levy on medicines designed to increase access to new treatments and promote affordability could actually be denying the NHS billions of pounds of annual savings due to the impact it is having on branded generics and biosimilars.
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BGMA:Judicial review on being excluded from VPAS negotiation - 0 views

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    The British Generic Manufacturers Association (BGMA) has sought a judicial review of the Department of Health and Social Care's (DHSC) decision to negotiate a new Voluntary Scheme for branded medicines with the Association of the British Pharmaceutical Industry (ABPI). Mark Samuels, Chief Executive of BGMA said: "The Government has decided not to involve the trade body representing these medicine suppliers in its negotiations on the voluntary scheme for branded medicine pricing (VPAS). "We are deeply concerned by this decision. It has left us no choice but to take legal action." "While not all generic drugs fall within VPAS, four out of ten products in the current scheme are branded generics or biosimilars. As the representative trade body for both generic and biosimilar UK manufacturers, we must play a full part in the VPAS negotiations for the next period of the scheme from 2024 to 2028." "The VPAS tax has risen five-fold in under two years, an unprecedented tax increase. Yet our sector currently has no input into the negotiations on future schemes or rates; this is untenable as any decisions made on VPAS could significantly define the future of our sector in the UK and its ability to supply the NHS. The association had raised its full participation in the negotiations with the Government last November.
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VPAS negotiation:High Court Dismisses BGMA's Claim - 0 views

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    The High Court has dismissed the British Generic Manufacturers Association (BGMA)'s claim on being excluded from ongoing negotiations between the government and industry to agree a new Voluntary Scheme for medicine pricing and access (VPAS). The association had sought a judicial review of the Department of Health and Social Care's (DHSC) decision to negotiate a new Voluntary Scheme for branded medicines with the Association of the British Pharmaceutical Industry (ABPI) in April. Commenting on the result of the case, Richard Torbett, Chief Executive of the ABPI said: "For over 60 years the ABPI has acted as the representative industry body for negotiations on the Voluntary Scheme for branded medicines - a responsibility we take extremely seriously - and one which has been reaffirmed by today's judgment. "While we were disappointed that the BGMA decided to take this action - we recognise their decision was driven by the extreme challenge placed on all parts of the industry from the surge in the branded medicine payment rates. "The solution to these problems must be a completely new and sustainable approach to medicines provision in the UK which rapidly brings industry revenue payments in line with comparator countries to unlock investment and growth."
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Generic Weight-Loss Medicines in the UK 2024 : Greater Choice, NHS Savings & Accessibility - 0 views

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    With Novo Nordisk's patent protection for liraglutide now expired, the UK is set to welcome the first wave of generic weight loss medicines. The British Generic Manufacturers Association (BGMA), the trade body for off-patent medicines, believes these generic versions could "provide could provide much-needed capacity to meet growing demand and alleviate shortages." Liraglutide, a glucagon-like peptide-1 (GLP-1) receptor agonist, is primarily used to treat type 2 diabetes and obesity. Novo Nordisk markets liraglutide under the brand names Victoza (for type 2 diabetes and Saxenda (for weight loss). In a statement released on 20 November 2024, the BGMA confirmed that "liraglutide's patent protection was no longer in force, marking the first time generic versions of diabetes and weight loss treatments can be available in the UK." The BGMA anticipates that at least four companies will obtain UK marketing authorisations for generics targeting type 2 diabetes and obesity. However, it remains uncertain how many will launch immediately.
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High VPAS tax for 2023 risks more medicines shortages - 0 views

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    The British Generic Manufacturers Association (BGMA) has raised concerns over the rise in the VPAS rate for 2023 to 26.5 per cent. The Department of Health Social Care (DHSC) today announced that the 2019 voluntary scheme payment percentage for 2023 will be 26.5%. The 2019 voluntary scheme for branded medicines pricing and access is an agreement between the Department of Health and Social Care, NHS England and the Association of the British Pharmaceutical Industry. BGMA believes that the high VPAS tax for 2023 risks more medicines shortages, rising prices for the NHS via reduced competition, and new medicine launches to the UK being deferred. Mark Samuels, Chief Executive of BGMA, said: "Raising the VPAS tax to 26.5% will damage the UK's medicines supply because it will make some products lossmaking. It is more than a five-fold tax increase from 2021, and no industry can cope with this unpredictable and exceptional tax volatility.
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Teva UK launches generic version of Apixaban - 0 views

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    Recently launched generic version of Apixaban by Teva UK is said to bring savings to the NHS drug bill while making sure patients get the medicine they need. The generic apixaban is available for the prevention of stroke and systemic embolism in adult patients with non-valvular atrial fibrillation (NVAF), with one or more risk factors, such as prior stroke or transient ischaemic attack (TIA) and treatment of deep vein thrombosis (DVT) and pulmonary embolism (PE), and prevention of recurrent DVT and PE in adults. Previously there was only a 'branded' product available, but Castleford-based Teva UK succeeded in invalidating the apixaban patent and SPC (supplementary protection certificate) in the UK High Court and so is now able to launch its own 'generic' version - which will bring savings for the NHS while making sure patients get the medicine they need. "We've always said that we stand up for the patient", said Kim Innes, General Manager of Teva UK and Ireland. "The launch of generic apixaban emphasises Teva's commitment to doing the right thing by putting patients at the heart of everything we do by giving them and the NHS access to affordable treatments." Apixaban is an anticoagulant which directly inhibits factor X (factor Xa), inhibiting thrombin formation and the development of thrombi (blood clots). For at-risk patients, such as those with, or at risk for DVT, or NVAF, the risk of stroke related to blood clots forming in the body and traveling to the brain is a serious concern. Each year, DVT affects around 1 person in every 1,000 in the UK and if left untreated, about 1 in 10 people with a DVT will develop a PE.
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Morningside Pharma donates 60000 packs medicines to Ukraine - 0 views

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    Loughborough-based generic and branded pharmaceutical manufacturer Morningside Pharmaceuticals has donated almost 60,000 packs of essential medicines to communities impacted by the war in Ukraine. The donation, which includes 1.29 million doses, was made after the company's founder and chairman, Dr Nik Kotecha OBE, spoke with the Ukrainian ambassador to the United Kingdom, Vadym Prystaiko, at a business event in London. Dr Kotecha, who was also recently appointed a deputy lieutenant of Leicestershire, said: "The heartbreaking situation in Ukraine has touched us all, and like so many people in the United Kingdom, we've been keen to do everything we can to help the victims of this terrible conflict." The large shipment of medicines has been transported in a secure and temperature controlled environment via Morningside's logistics partner to the embassy's distribution hub in Poland. From there the medicines will be supplied to hospitals, healthcare centres and patients throughout Ukraine including the regions hardest hit by the Russian invasion.
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Rising VPAS Rates: Impact on NHS UK Budgets - 0 views

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    The British Generic Manufacturers Association (BGMA) has warned that England's 42 integrated care boards (ICBs) may need to allocate an extra £37 million from their budgets annually for the next five years due to the spiralling tax rates. The government's Voluntary Scheme for Branded Medicines Pricing and Access (VPAS) rebate rate increased more than five-fold in the past two years, the BGMA said in its white paper released on Monday (October 30). The report, conducted by consultancy firm Conclusio in consultation with local NHS leaders, examined the potential effects of the VPAS on ICB budgets. BGMA said that due to the elevated VPAS rate, each ICB in England will experience significant increases in expenses for branded generics and biosimilars annually - a consequence of reduced competition.
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New discount deduction system for community pharmacy: DHSC - 0 views

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    The Department of Health and Social Care (DHSC) has introduced new arrangements for the application of discount deduction to community pharmacy payments which will be implemented in six financial quarters beginning in October 2022 and concluding in January 2024. Under the new discount deduction system, the current single scale will be split into three groups: one each for generic medicines, branded medicines, and appliances. Separate fixed deduction rates have been determined for each group. This will provide all pharmacies the same rates of deduction applied to their reimbursement for the three different groups, regardless of the total value of that reimbursement. Fin McCaul, PSNC member and independent community pharmacy contractor, said: "The discount deduction scale has been a point of contention for contractors for many years, and PSNC has long been pushing to remedy this. "The incoming changes are designed to both improve equity of access to margin and manage the distortions presented by branded medicines, which just don't have the same level of discount available as generics.
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Current VPAS rate:Threat to billions of pound of NHS savings - 0 views

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    The British Generic Manufacturers Association (BGMA) has published a positioning paper which sets out the objectives that need to be delivered through the next Voluntary Pricing and Access Scheme (VPAS) on Thursday (15 June). The paper details how a financially sustainable VPAS can support widened medicines access to patients. VPAS is an agreement between the Department of Health and Social Care (DHSC), NHS England and The Association of the British Pharmaceutical Industry (ABPI). The scheme aims to limit increases in spending on branded medicines to no more than 2% per year via a rebate system which is charged on companies' sales revenues. Two years ago, the rate was 5.1% but for 2023 it has soared to 26.5%. Last year, the association had raised concerns over the rise in the VPAS rate for 2023 to 26.5 per cent. "The rocketing rate is in large part due to the growth in spend in on-patent medicines since 2019. Looking at the four completed years of the current VPAS scheme, data shows that the average annual growth rate for on-patent medicine sales value from 2019-22 was 18% compared to just 2% for off-patent products," said the association.
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