Renegotiating a price

Executive Summary

Companies in both the statutory regulations and voluntary PPRS may renegotiate a price with the Department of Health. The key difference is that the statutory regulations are a measure of price control, assessing the price of individual presentations, whereas the PPRS is a profit control scheme and the company’s entire product portfolio is taken into account when determining a price rise. This page guides companies through the pricing negotiations process, detailing the key criteria companies must meet in order for a successful application, complete with insights and downloadable templates.