Reimbursement for Pharmaceuticals
Our regulatory experts will help you procure a competitive reimbursement price for your pharmaceutical product
Obtaining reimbursement status from the local European government and procuring a high reimbursement price is essential for your sales in the European markets.
With our extensive knowledge and experience with the reimbursement regulations and procedures in each European country, F7 Global can help you acquire a profitable reimbursement price for your drug product in Europe.
HOW DIFFICULT IS THE PROCESS FOR OBTAINING REIMBURSEMENT FOR PHARMACEUTICAL PRODUCTS IN EUROPE?
In the most developed European countries, the government will provide reimbursement for purchased pharmaceutical products.
In the less advanced countries in Europe, the government generally provides little or no reimbursement. In these cases, some of the burden of payment may fall to the patient or to local charities. However, it is expected that these countries will further develop their reimbursement policies in time.
If you are unfamiliar with the reimbursement policies and procedures in the European countries, the government may attempt to reimburse your drug product at the same price as they reimburse other similar products, even if your product includes additional features or enhanced safety/efficacy. In order to procure a reasonable price, expertise in communicating and negotiating with the local European government agencies is essential. To learn more about how we can assist you with reimbursement issues in Europe, contact us now to discuss your specific needs