Home Artificial Intelligence The Pharmaceutical Pricing and Reimbursement Industry, 2014-2024 – During Q1 2020, Pharmaceutical...

The Pharmaceutical Pricing and Reimbursement Industry, 2014-2024 – During Q1 2020, Pharmaceutical Companies Witnessed a Boost in Sales as Wholesalers Stockpiled Products due to Supply Chain Concerns

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Dublin, July 22, 2020 (GLOBE NEWSWIRE) — The “Pharmaceutical Pricing and Reimbursement: Global Markets” report has been added to ResearchAndMarkets.com’s offering.
During the first quarter of 2020, most pharmaceutical companies, such as Bristol-Myers Squibb, GlaxoSmithKline, Eli Lilly, Johnson & Johnson, and Novartis, witnessed a short-term boost in sales as wholesalers stockpiled products due to supply chain concerns. Some areas such as physician or hospital administered medications and travel vaccines saw a decline in sales, for obvious reasons.Mergers and acquisitions (M&A) activity in the pharmaceutical sector keeps ticking along, with 2019 being one of the most active years in the last decade, many transactions involved the acquisition of cell and gene therapies and immune-oncology assets or to diversify risks through the adoption of digital technologies and artificial intelligence (AI).To contain healthcare costs, governments across the globe have introduced healthcare reforms and initiated new legislation and pharmaceutical regulations that look more closely at the performance and cost-effectiveness of care. The pharmaceutical regulatory landscape is highly fragmented and divergent, and the following section summarizes the regulatory processes adopted by the latest top five European countries and the U.S. However, as regulatory oversight increases there is a growing need for regulatory harmonization.Since the first reports of COVID-19 in Wuhan, China in December 2019, there have been 5,165,481 confirmed cases and over 336,430 confirmed deaths in 216 countries worldwide, as of May 24, 2020. Relatively few countries remain unscathed by the pandemic and scientists across the globe have worked together to advise local, regional and national healthcare organizations to contain the spread of the disease and develop prophylactic vaccinations and new therapies to treat the symptoms of the viral infection. Each country has adopted its own healthcare strategies and mobilized resources based on their individual circumstances, but only by working together will the world be able to combat this lethal disease.More than $830 million in funding has been pledged to support R&D efforts in COVID-19, and health tech and pharmaceutical companies are working together in public-private collaborations, while numerous diagnostics, vaccines, and treatments are already under development and research.The COVID-19 pandemic has already dramatically changed healthcare delivery, and the economic impact of COVID-19 pandemic on healthcare spending is unknown. It will depend on many factors including level and severity of infection, availability of diagnostics prophylactic treatments and vaccines, and whether the health system can manage supply constraints and defer non-essential healthcare services.Report ScopeThis new report on pricing and reimbursement in a global market provides a brief overview of the pharmaceutical markets, healthcare reforms, and regulations across the globe over the last decade and how this has impacted mergers and acquisitions and venture capitalist investment in the sector. It reviews pricing and reimbursement policies and processes in the U.S. and Europe and the ways in which pharmaceutical investment in generics, biosimilars, over the counter (OTC), small molecule and biological agents; and the shift toward more innovative medicines such as cell and gene therapies may change future treatment paradigms and future pricing and reimbursement policies.The report includes:An overview of the global markets for pharmaceuticals, specifically healthcare legislation and regulation, pricing mechanisms, and reimbursement proceduresAnalyses of the global market trends, with data corresponding to market size for 2014-2019, and projections of compound annual growth rates (CAGRs) through 2024Information on the current price and reimbursement landscape, benchmarking statics, and future development opportunities in the pharma industryCase studies of different price and reimbursement strategies for prescription drugs, orphan drugs, generics, over-the-counter products, and value-based pricingDiscussion on the impact of COVID-19 on pharmaceutical sales in Q1 2020 and overall healthcare marketplaceInsight into the greater adoption of value-based pricing schemes, with emphasis on the innovative payment models, increased investment in cell and gene therapies, and long-term response to COVID-19Key Topics Covered
Chapter 1 IntroductionStudy Goals and ObjectivesReasons for Doing This StudyScope of ReportInformation SourcesMethodologyGeographic BreakdownChapter 2 Summary and HighlightsChapter 3 Global Healthcare Expenditures, Legislation and Pricing MechanismsGlobal Healthcare CostsForecasts Pre-COVIDForecasts Post-COVIDAcute Healthcare Response to COVID-19Expansion of Low-Cost Digital ServicesFunding for COVID-19 Research and DevelopmentDrug ExpendituresNorth AmericaEuropeJapanBRIC EconomiesImpact of COVID-19 on Pharmaceutical Sales in Q1 2020Mergers and Acquisitions (M&A)M&A Activity Pre-2019M&A Activity in 2019M&A Activity in Q1 2020Healthcare ReformsFranceGermanyItalySpainUnited KingdomUnited StatesPharmaceutical RegulationFranceGermanyItalySpainUnited KingdomUnited StatesAcute Impact of COVID-19 on HealthcareFranceGermanyItalySpainUnited KingdomUnited StatesChapter 4 Pricing StrategiesIntroductionPrimary Reasons for the Rise in the Cost of PharmaceuticalsReplacement of Older, Lower-Cost Drugs by Newer, Higher Priced DrugsIncreased Use of DrugsNew Drugs for Diseases for Which No Treatment Was Previously AvailableIncreases in the Prices of Existing MedicinesPharmaceutical Pricing StrategiesExternal Price ReferencingInternal Referencing PricingPrescription Drug PricingUnited KingdomUnited StatesOver-the-Counter (OTC) Drug PricingEuropeUnited KingdomUnited StatesGeneric Drug PricingUnited KingdomUnited StatesOrphan Drug PricingValue-Based PricingOpen Tender Invitations and ProcurementFramework AgreementsChapter 5 Reimbursement StrategiesPharmaceutical ReimbursementAdmission to ReimbursementReimbursement ProcedureEuropeUnited KingdomUnited StatesHospital ReimbursementEuropeUnited KingdomUnited StatesPatient Access SchemesFinancially Based SchemesOutcome-Based SchemesEarly Access to Medicines SchemesEuropeUnited KingdomUnited StatesFormulary ListsEuropeUnited KingdomUnited StatesHealth Technology Assessments (HTA)EuropeUnited KingdomUnited StatesThe Value of Health Economics and Outcome Research (HEOR)Top 10 HEOR TrendsChapter 6 The FutureGreater Adoption of Value-Based Pricing SchemesIncreased Investment in Cell and Gene TherapiesInnovative Payment ModelsGreater Clarity on BrexitPolitical Wrangling Over Drug PricesLong-term Response to COVID-19 UndefinedCompanies Mentioned
Bristol-Myers SquibbEli LillyGlaxoSmithKlineJohnson & JohnsonNovartisFor more information about this report visit https://www.researchandmarkets.com/r/mp3yy3Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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