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A systematic review of pharmaceutical price mark-up practice and its implementation

Pharmaceutical products, apart from being essential for medical treatment, are of high value and heavily regulated to ensure the prices are controlled. This systematic review was conducted to identify pharmaceutical pricing mark-up control measures, specifically in the wholesale and retail sectors....

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Detalles Bibliográficos
Autores principales: Lee, Kah Seng, Kassab, Yaman Walid, Taha, Nur Akmar, Zainal, Zainol Akbar
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9031039/
https://www.ncbi.nlm.nih.gov/pubmed/35481119
http://dx.doi.org/10.1016/j.rcsop.2021.100020
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author Lee, Kah Seng
Kassab, Yaman Walid
Taha, Nur Akmar
Zainal, Zainol Akbar
author_facet Lee, Kah Seng
Kassab, Yaman Walid
Taha, Nur Akmar
Zainal, Zainol Akbar
author_sort Lee, Kah Seng
collection PubMed
description Pharmaceutical products, apart from being essential for medical treatment, are of high value and heavily regulated to ensure the prices are controlled. This systematic review was conducted to identify pharmaceutical pricing mark-up control measures, specifically in the wholesale and retail sectors. The search method comprised the following databases: PubMed, Science Direct, Springer Link, ProQuest, and EBSCOhost and Google Scholar. The results were filtered systematically from the inception of the aforementioned databases until 23 April 2021. Eligible studies were those focusing on the implementation of pharmaceutical pricing strategies that involve a) mark-ups of medicine, and b) pharmaceutical cost control measures. A total of 13 studies were included in this review: seven covered European countries, four covered Asian countries, one covered the USA and one covered Canada. The main points of discussion in the qualitative synthesis were the implementation of medicine mark-ups, price mark-up regulatory strategies and the outcomes of these regulatory strategies. Our findings suggest that Western countries have a lower mark-up margin, around 4% to 25% of the original purchased price, compared to Asian countries, up to 50%.
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spelling pubmed-90310392022-04-26 A systematic review of pharmaceutical price mark-up practice and its implementation Lee, Kah Seng Kassab, Yaman Walid Taha, Nur Akmar Zainal, Zainol Akbar Explor Res Clin Soc Pharm Article Pharmaceutical products, apart from being essential for medical treatment, are of high value and heavily regulated to ensure the prices are controlled. This systematic review was conducted to identify pharmaceutical pricing mark-up control measures, specifically in the wholesale and retail sectors. The search method comprised the following databases: PubMed, Science Direct, Springer Link, ProQuest, and EBSCOhost and Google Scholar. The results were filtered systematically from the inception of the aforementioned databases until 23 April 2021. Eligible studies were those focusing on the implementation of pharmaceutical pricing strategies that involve a) mark-ups of medicine, and b) pharmaceutical cost control measures. A total of 13 studies were included in this review: seven covered European countries, four covered Asian countries, one covered the USA and one covered Canada. The main points of discussion in the qualitative synthesis were the implementation of medicine mark-ups, price mark-up regulatory strategies and the outcomes of these regulatory strategies. Our findings suggest that Western countries have a lower mark-up margin, around 4% to 25% of the original purchased price, compared to Asian countries, up to 50%. Elsevier 2021-05-06 /pmc/articles/PMC9031039/ /pubmed/35481119 http://dx.doi.org/10.1016/j.rcsop.2021.100020 Text en © 2021 The Author(s) https://creativecommons.org/licenses/by/4.0/This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Lee, Kah Seng
Kassab, Yaman Walid
Taha, Nur Akmar
Zainal, Zainol Akbar
A systematic review of pharmaceutical price mark-up practice and its implementation
title A systematic review of pharmaceutical price mark-up practice and its implementation
title_full A systematic review of pharmaceutical price mark-up practice and its implementation
title_fullStr A systematic review of pharmaceutical price mark-up practice and its implementation
title_full_unstemmed A systematic review of pharmaceutical price mark-up practice and its implementation
title_short A systematic review of pharmaceutical price mark-up practice and its implementation
title_sort systematic review of pharmaceutical price mark-up practice and its implementation
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9031039/
https://www.ncbi.nlm.nih.gov/pubmed/35481119
http://dx.doi.org/10.1016/j.rcsop.2021.100020
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