PPT-Is drug pricing a problem?

Philip J Schneider MS FASHP FASPEN FFIP Professor and Associate Dean University of Arizona College of Pharmacy Phoenix Biomedical Campus Yes The business community The political arena Payers. g cannabis ecstasy amphetamines cocaine andor heroin at levels which are associated with shortterm and or longterm harm see box Consequences of problem drug use Problem drug use is not just a matter of how much drug the person uses but how their use Paraschos. . Koutris. Prasang. . Upadhyaya. Magdalena . Balazinska. Bill Howe. Dan . Suciu. University of Washington. PODS 2012. Motivation. Data is increasingly . sold. and . bought. on the web. Timothy F Christian, MD, MPA. Characteristics of Big . Pharma. One of OECD largest industries. In US: sales = $380 Billion. R&D costs. =$40 Billion. Single drug to market=$1-4 Billion. The fixed cost in R&D and IP is high. By . Siva Rama Krishna. Vuppala. Pricing Strategies . Price is one of the most important elements for both buyers and sellers and maintaining an appropriate balance between the two is a crucial element of retailing. . Strategies. ©ARC Consulting cc 2012. ©ARC Consulting cc 2012. Penetration Pricing. ©ARC Consulting cc 2012. Penetration Pricing. Prices . set to ‘penetrate the market’. ‘Low’ price to secure high volumes. Pricing of bids. Module 6 session six. Interpret the bills of quantities for appropriate . pricing. Practice pricing of bidding documents . Use . scenarios to . determine . revenue and profitability of a contract . – Adult . Hotel pricing is based on an average cost of $100.00 USD per night for 6 nights. (divided by quad occupancy). *The pricing generated for gas and parking projections are based on the expenses of a Dodge Grand Caravan split between the 7 available seats.. ______________________. PEEER Presentation. Moscow, Russia. September 14, 2009. Daniel Behn. University of Dundee, CEPMLP. Overview. ___________________________. Russian Dual Pricing Practices. Russia and the WTO. Dickinson & Vladimir. 2008. . Selling the Sea: An Inside Look at the Cruise Industry. . John Wiley and Sons, Inc. Hoboken, NJ. . Consumers’ Cost Comparison. Land-based hotel resort: low initial price, high subsequent costs. What is the best price for my product?. What is the perceived value of the good or service by the customer? . Are there any similar products on the market? . What price is the competition asking?. Pricing Questions. Sarah K. Emond, MPP. August 9, 2017. Working Group Charge (draft). This work group will develop for recommendation to the Health Care Cabinet, a proposal to create an actionable plan to align payer contracting with pharmaceutical manufacturers, PBMs, providers and pharmacies that . What is Congestion Pricing?. Definition - . A financial means of influencing when people drive in certain areas. Primary Goal - . To reduce traffic congestion during periods of peak demand. Secondary Goal . Market Skimming. Market Skimming. High price, Low volumes. Skim the profit from the market. Suitable for products that have short life cycles or which will face competition at some point in the future (e.g. after a patent runs out). ?. Pricing . is a marketing function in which both a buyer . and. a seller . perceive the . most favorable value . for a good or service. 2. Price– You get what you pay for…. What does that phrase mean to you?.