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HHS Release Adds Details on Prices Manufacturers Are Expected to Offer Under MFN Drug Pricing Executive Order
Reed Smith LLP
[Guidance Overview] May 21, 2025 "The Order applies to branded products without generic or biosimilar competition (presumably meaning marketed equivalent products).... The countries whose prices will be used to determine the MFN price are those in the Organization for Economic Cooperation and Development (OECD) having GDP per capita of at least 60 percent of U.S. GDP per capita ... The target prices that manufacturers will be asked to offer reflect current lowest prices in these countries, rather than prices somewhere between U.S. prices and those lowest prices in the other countries." MORE >> |
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