Global Pharmaceutical Costs: Evaluating the American Approach

Abstract

This paper examines pharmaceutical cost control approaches associated with managed care, including drug formularies, drug co-payments, therapeutic drug interchanges, drug utilisation reviews and step therapies. The need for pharmacoeconomic analysis is stressed. Finally, the impact of governmental and market approaches to pharmaceutical cost control are discussed.

Keywords

drug utilisation reviews formulary global managed care international pharmaceutical costs pharmacoeconomics therapeutic drug interchanges

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