Global Legal Insights (GLI) Pricing & Reimbursement 2024

Securing market access and reimbursement is a key consideration for commercializing and launching new medicines.

Covington is proud to be a thought leader in this increasingly complex and ever-changing landscape. We are pleased to share recently published content authored by our health care and life sciences colleagues from the Global Legal Insights Guide to Pharmaceutical Pricing & Reimbursement Laws and Regulations 2024.

This seventh edition of the Guide summarizes the rules and practices in 18 jurisdictions, including key global markets such as the USA, UK and Ireland.

• Grant Castle continues to be the global contributing editor for the Guide. We are pleased to share his Preface to the publication, which provides an overview of important global trends.
• The pricing and reimbursement landscape in the EU is set for a paradigm shift, with key provisions of the EU Health Technology Assessment Regulation (EU) 2021/2282 coming into force from January 2025. Our EU colleagues have authored an Expert Analysis chapter on the impact of this Regulation at a key moment here.
• The UK’s pricing rules for branded medicines changed substantially in 2024, with updates to both the Voluntary and Statutory Price control schemes. Grant Castle, Brian Kelly and Raj Gathani provide key insights in the Guide’s UK chapter here.
• The pricing and reimbursement landscape in Ireland remains challenging and our Irish market access experts, Marie Doyle-Rossi and Maree Gallagher, provide the latest updates and insights into securing reimbursement in the Guide’s Ireland chapter here.
• Our U.S. healthcare and market access experts, Rujul Desai, Anna Kraus and Elizabeth Brim authored a substantial chapter on the pricing and reimbursement landscape in the USA here. This landscape is undergoing significant change, with recent federal legislation, the Prescription Drug Pricing Reform provisions of the Inflation Reduction Act, significantly altering the pricing regime under certain federal programs.
• These same authors and others at Covington have also authored the leading legal treatise on U.S. Market Access and Pricing published by AHLA. A free excerpt and discount code are available via the link here.

We are proud of the contributions of all our colleagues to this important global publication, which showcases Covington’s unique ability to combine market-leading local expertise together with global level strategic insights.

We hope you find the content valuable and informative.