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Global IRP Rules: International Reference Pricing Global Rules Report

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    Report

  • 28 Pages
  • July 2020
  • Region: Global
  • Global Pricing Innovations
  • ID: 5304507
International Reference Pricing (IRP) is the most common mechanism used by payers around the world to set the price of a drug. The price is derived by benchmarking or referencing prices from a basket of countries. IRP rules are interconnected and a price reduction in one country may impact diverse countries across different regions. Awareness of the impact of IRP across the life-cycle of a medicine is an absolute must for companies.

The IRP Spotlight reports provide customers with the understanding of the inter-connectivity of this pricing method on a per country basis allowing you to make the most informed IRP decision for your products.

This report provides a rounded view of the applicable IRP rules across >100 markets via the following sections:

Global matrix demonstrating how countries are referencing each other, either formally or informally

Individual country tables providing high-level view into the applicable IRP rules at country-level