Thursday, 30 May 2019

UK fails to back international agreement on reducing drug costs

UK fails to back international agreement on reducing drug costs The UK has been accused of acting in bad faith after backing away from an international agreement aimed at reducing the cost of drugs worldwide.

In the run-up to this month’s World Health Assembly – the decision-making body of the World Health Organization – member states spent three weeks negotiating the agreement aimed at increasing transparency over drug pricing, with the UK, United States, Germany, Japan and Switzerland demanding changes to the text.

However, when the final agreement was signed on Monday the UK, Germany and Hungary formally dissociated themselves from it as they said they needed more time to consider its implications. The Daily Telegraph

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