As reported by FinanceNews.co.uk, the NHS will now be able to claim money back from GSK if a rival drug-makers product outperforms their own drugs.

The scheme, which is effective as of 2014, effectively means that pharmaceutical companies and the government may agree to a price contingent based on the drugs efficacy. For example if a kidney drug from Pfizer proves to be more effective than a kidney drug from GSK, GSK must offer a partial rebate to the NHS.

However, the chairman of NICE Sir Michael Rawlins has said he would prefer the big pharma companies to offer a discount initially rather than resorting to complicated rebates further down the line.

 

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