PAR 4.65% 22.5¢ paradigm biopharmaceuticals limited..

On the road to growth!, page-14

  1. 295 Posts.
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    Hi Mozzarc,

    Manufacturers price drugs by agreement, and after negotiation, with the buyers, who are usually insurers, or government bodies.

    A single price is agreed, and that's the price you pay. Charging varying prices according to the medical indication for which the drug is used ('indication-based pricing'), has been suggested by a few academics and health economists, but isn't actually used anywhere at all.

    I don't think there's any chance whatsoever of PPS being priced at anything like the numbers that you are suggesting are possible, although this would be nice for shareholders.


 
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