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• W2746394605 abstract "To provide an overview of the Spanish generic medicines retail market and to identify policy measures which impede its development. Finally, recommendations to increase both the efficiency of health care with regards to pharmaceuticals in general and the sustainability of the Spanish generic medicines retail market are put forwards. A literature review has been carried out to explore the current situation of the Spanish generic medicines market. In addition, a survey has been developed and interviews have been conducted to validate the information obtained from the literature review. The Spanish government’s focus on the price level of generic medicines in the past has decreased prices of generic medicines drastically. The current reference pricing system (since 2011) has eroded price differentials between originator and generic medicines in more than 90% of the reference groups. Differing policies at the demand-side have resulted in differing generic market shares between the autonomous communities. Policies are needed to increase both the efficiency of the health care system with regards to pharmaceuticals (e.g. electronic prescribing, prescribing by international non-proprietary name, etc.) and the sustainability of the Spanish generic medicines retail market (e.g. creating price difference between originator and generic medicines, accelerating market entrance, building and improving trust for generic medicines in patients and physicians, etc.). The low volume of generic medicines used in Spain combined with the continuous pressure on the price level of generic medicines threatens the sustainability of the generic medicines industry. The reduced price difference between originator and generic medicines tends to be an important barrier for the development of a generic medicines market. The unique experience in the Spanish market shows the importance of demand-side policies on the use of generic medicines." @default.
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• W2746394605 date "2013-11-01" @default.
• W2746394605 modified "2023-10-14" @default.
• W2746394605 title "Analysis of Spanish Generic Medicines Market: Recommendations to Enhance Long-Term Sustainability" @default.
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• W2746394605 doi "https://doi.org/10.1016/j.jval.2013.08.847" @default.
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