FRANKFURT (Reuters) - Drugs from Novo Nordisk, Amgen, Bayer and other companies could face price cuts in Germany as the country's medical cost-benefit agency widens a review into the value offered by medicines. The Federal Joint Committee, or G-BA, said on Thursday it would review the cost-effectiveness of a range of drugs in different treatment areas. The list includes Novo's diabetes drug Victoza, Bayer's blood-thinner Xarelto, Amgen's osteoporosis medicine Prolia, Johnson & Johnson's painkiller Nucynta and Roche's rheumatoid arthritis drug Actemra. Other drugs in the same therapeutic class will also be covered by the review. The G-BA, which will look at the affected drugs one at a time over the coming months, picked these products because they are among the biggest-selling in Germany, based both on revenues and volume sales. Germany introduced a new system in January 2011 under which newly launched drugs are only allowed free pricing for one year, after which prices are negotiated based on a cost-benefit analysis. The latest initiative by the G-BA extends this system to certain medicines already on the market. Countries across Europe are taking a harder line in demanding that drugmakers show that the price of their products is commensurate with their … Continue reading
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