199. Deputy Caoimhghín Ó Caoláin asked the Minister for Health in view of the fact that the Economic and Social Research Institute report, Delivery of Pharmaceuticals in Ireland – Getting a Bigger Bang for the Buck, published in January 2012, stated that prices of new pharmaceuticals, subject to patent protection, could be reduced further by setting the ex-factory price with reference to the lowest priced comparator member state, and that an examination of data for the past number of years suggests that prices would decline by 20% to 25%, if such an approach were adopted, if he will quantify the savings which could be made by introducing this measure with immediate effect; and if he will make a statement on the matter. [25636/15]

Summary

199. Deputy Caoimhghín Ó Caoláin asked the Minister for Health in view of the fact that the Economic and Social Research Institute report, Delivery of Pharmaceuticals in Ireland – Getting a Bigger Bang for the Buck, published in January 2012, stated that prices of new pharmaceuticals, subject to patent protection, could be reduced further by setting the ex-factory price with reference to the lowest priced comparator member state, and that an examination of data for the past number of years suggests that prices would decline by 20% to 25%, if such an approach were adopted, if he will quantify the savings which could be made by introducing this measure with immediate effect; and if he will make a statement on the matter. [25636/15]

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• Pharmacy Regulations

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