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To Reduce the Cost of Drugs, Look to Europe
Austin Frakt, in The New York Times; subscription may be required Link to more items from this source
[Opinion]
Oct. 19, 2015
"Germany, Spain, Italy and a half dozen other countries have pushed drug prices lower with a system called reference pricing. It has led to drug price decreases and significant savings in the Canadian province of British Columbia as well as in Germany, Italy, Norway, Spain and Sweden. A study published in the American Journal of Managed Care found that price reductions ranged from 7 percent to 24 percent."

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