Oireachtas Joint and Select Committees
Wednesday, 6 March 2019
Joint Oireachtas Committee on Health
National Medicines Strategy: Discussion
Kate O'Connell (Dublin Bay South, Fine Gael)
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A few companies were saying that if there are 100 patients with X condition, they would put a top price on annual treatment, such that if there were 102 people, the two extra would be included in the bulk price.
I ask the witnesses to expand on the matter. I see this as the market, yet again, ring-fencing a chunk of money so they can say to their shareholders: "We definitely have a return of €100 on last year's research." This element has emerged a bit recently with the orphan drugs. Do the witnesses think it is a good model to choose or not? What are the associated pros and cons of this approach?